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Established Member
Posts: 94
Registered: ‎08-31-2010
0

BBY RZ MC Prequalified

Will that mean approval?

 

I carry the following with $0 balances on all:

 

Orchard, unsecured - $320

First Primevil, unsecured - $500 (dumping in June before annual fee)

Cap One, unsecured - $500

CL at CU, unsecured - $600 (ready cash for OD protection)

 

Thoughts?

 

Rebuilding.


Starting Score: 588
Current Score: 645
Goal Score: 700+


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Contributor
Posts: 96
Registered: ‎05-10-2008
0

Re: BBY RZ MC Prequalified

You already have an HSBC card. Why would you want another one? I say stick with your current revolving or perhaps apply for a store card that gives high CL. 

Established Member
Posts: 94
Registered: ‎08-31-2010
0

Re: BBY RZ MC Prequalified

I shop at BBY a lot.  Also, I will be dumping FP in June so I was thinking I should replace.

 

Does prequal = approval though with them?

 

Or I could take the BBY and dump Orchard?  Get the perks of BBY?  or is it not worth it?

 

Only store card I would be remotely interested in is Nordtrom... and I doubt I am qualified yet for that.


Starting Score: 588
Current Score: 645
Goal Score: 700+


Take the FICO Fitness Challenge
Established Contributor
Posts: 582
Registered: ‎10-17-2010
0

Re: BBY RZ MC Prequalified

Pre-qualify never means approval.  Only that you met some of the basic criteria their marketing department saw as a fit.  Nothing to do with their credit department who does the actual evaluation for approval.

Established Member
Posts: 94
Registered: ‎08-31-2010
0

Re: BBY RZ MC Prequalified

Thank you!  Think I'll save my inquiry for later this year :smileywink:


Starting Score: 588
Current Score: 645
Goal Score: 700+


Take the FICO Fitness Challenge
Contributor
Posts: 96
Registered: ‎05-10-2008
0

Re: BBY RZ MC Prequalified

Why don't you try their preapp? I think they soft. 

New Contributor
Posts: 55
Registered: ‎08-04-2010
0

Re: BBY RZ MC Prequalified

Yeah if you did the online pre approval and you were already approved for all those other cards it's almost impossible not get approved for this card. Minus the hit in AAofA, if you shop at BB alot like you said I'd go ahead and get it if you really want it but expect a LOW credit limit in the area of $100, $300, or $500 unless you have a great credit. Also see if you're prequalified for the gold or platinum to estimate cl.

Established Contributor
Posts: 582
Registered: ‎10-17-2010
0

Re: BBY RZ MC Prequalified

[ Edited ]

Naaaaah, their current score is 588 and the 3 cards they have are all low-limit subs (sub-prime), so I wouldn't advise them to stay on the road to low-limits.  Just let it grow a while because purchases at BB with a $100-200 limit will pretty much max you out instantly.

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