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07-20-2009 08:49 AM
Okay, so after several months of hard core cleaning on DH credit, his scores were within what I thought (based on what I've read here!) were good enough to bite the bullet and app for a store card or two (or 4 as it turned out!). Anyway, here's what he did yesterday - all IN-STORE, all approved (EQ - 748, EX - ??, TU - 629):
Bealls - $350 CL (will recon to ask for at least $750), pulled EX
Dillards - $200 temporary CL (will recon to ask for at least $750), can't tell who they pulled yet
JCPenney's - $800 CL (the store clerk's eyes nearly popped out of her head - she had asked before submitting if we wanted more than $500 and we said no, then when the $800 popped up, she was totally shocked - she said most people only get $250 or $300), can't tell who they pulled yet
Macy's - ??? CL (will have to recon to find out), pulled EX
07/01/09 - FICO scores: EQ - 696, TU - 622 (Asset Acceptance reinserted as a new collection)
06/01/09 - FICO scores: EQ - 637, TU - 641
05/04/09 - FICO scores: EQ - 660, TU - 647
04/21/09 - FICO scores: EQ - 711, TU - 642
09/09/08 - Mortgage Enhanced: EQ - 607, EX - 556, TU - 534
07-20-2009 09:11 AM
congrats on the approvals, wow that's v. cool at 4 for 4 your batting 1000! please ensure you app store cards you/DH will want to use regularly. in many cases mc/visa/discover/amex revolving apps have more utility overall than limited use store card apps. in any case keep in mind there is no 'acct mix' benefit for fico after the 1st store or gas card is added.
macy's is one of my favorites i just got the upgrade to platinum so i am excited about the 12 free services a year that come with this upgrade. remember you can request a GLI on the macy's acct every 3-6 mos.
07-20-2009 02:01 PM
Good work - keep us posted on your Macy's limit. I called Macy's backdoor to get my limit info. Glad to see JCPenney's CL - very nice! Congratulations!!!
And I know you'll be very very good at Christmastime! (And I will be, too!)
07-20-2009 08:06 PM
After reading your post, and carefully considering other posts (for two full days straight - to the point of getting punchy), I decided my best plan of attack was pretty much what y'all did - concentrating mostly on GEMB cards. Thanks for the information you shared - it was so-o-o helpful - and it helped me come up with my own game plan. Plus it helped a lot in the confidence department! (My first store app ever was the Macy's and I just about died. Today, it just felt like shopping -- but I was really shopping for credit).
Thanks for your post (and a lot of others)!
App'd with Macy's two weeks ago - CL $1,000.
App'd with Dillard's today - CL $700
App'd with Walmart today - CL $500
App'd with JCPenney today - CL $1,200 (I closed a JCP card a decade ago with a very small CL).
So I started with $200 CLI on Orchard from $500 to $700 plus the above. That's a jump from $500 Total CL to $4,100 in a few days. I PIF and will let these cards age and hopefully gain some steam. Thanks - that was just what I needed. Ya-hoo! Now I can wait six months for my CU card
07-20-2009 09:27 PM
07-20-2009 09:32 PM
Wow! Never thought I'd get to the credit garden phase......it feels darn good! I'll just let these guys grow a bit and then pick out the weeds.
Well you are there now. Credit gardening is, well, in a word: BORING! But it must be done and it will bear fruit. The main thing at this point is no more app's!
07-20-2009 09:36 PM