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New Contributor
ALHondaGuy
Posts: 55
Registered: ‎06-21-2011
0

Best shot at approval?

Tried to get my wife a TL open with Cap1, since their computer picked me up. No luck. So here's where she stands, where can we go for the best shot at approval?

 

7/21/11 Lender Pull

EX 616 TU 557 EQ 518

8/4/11 MyFICO

EX ??? TU 615 EQ 530

 

As far as I know, she's never really had any cards in her name, other than an old 1st Premier CO that I PIF'd today. Has a paid perfect car loan of 350/mo

Mega Contributor
Creditaddict
Posts: 19,434
Registered: ‎10-23-2007
0

Re: Best shot at approval?

Orchard would probably issue card but it's never going to grow with her... but keep for couple years and slowly start to replace with better cards.

How about Secured or are you member of credit union?

Fico Scores: EQ 657 Cabelas, TU 662 Walmart, EX 699 Wells (07-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 40 Cards in between :smileytongue:
Regular Contributor
unlucky_hove
Posts: 148
Registered: ‎05-21-2010
0

Re: Best shot at approval?

I was able to get a Barclays card with a TU fico of approximately 608. Since they only pull TU it may be possible to qualify but no one can say for certain, plus a recon never hurts. That EQ is ugly (been there) but Orchard and Credit One will take her if you dont mind paying ridiculously high AF's.

New Contributor
ALHondaGuy
Posts: 55
Registered: ‎06-21-2011
0

Re: Best shot at approval?

We are members a a small CU, but I'm not happy with the service as of late, so we're looking at closing our account there.  As far as secured, we can go that route, but if we don't have to put the money down upfront...

Mega Contributor
Creditaddict
Posts: 19,434
Registered: ‎10-23-2007
0

Re: Best shot at approval?

If you don't want to put money down then I would go for a Barclay card like Apple iTunes... most likely will be declined instantly but lots of success with recon via backdoor number above.

2. Orchard.. $300 CL most likely but you can do pre-approval and hopefully get the level with no annual fee.

Fico Scores: EQ 657 Cabelas, TU 662 Walmart, EX 699 Wells (07-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 40 Cards in between :smileytongue:
New Contributor
ALHondaGuy
Posts: 55
Registered: ‎06-21-2011
0

Re: Best shot at approval?

Barclay's Apple Financing Visa was approved online for $690. Said the card should be in the mail in a few days.

Established Contributor
kjm79
Posts: 1,008
Registered: ‎01-22-2008
0

Re: Best shot at approval?


ALHondaGuy wrote:

Barclay's Apple Financing Visa was approved online for $690. Said the card should be in the mail in a few days.


You are two for two today!  Have her call Barclays and say she wants to purchase_______(fill in the blanks) for $_______ and she's interested in reconing the CL she was granted.  Might tell them she paid off the old CO and will probably have good chance at a higher limit.  $1200-$1500 maybe...already have the inquiry, all they can do is say no. 


Starting Score: TU? EQ 585 EX? (12/06) (CH 7 bk 11/04)
Current Score: (5/12) TU 699 (myFICO) TU 709 (WalMart) EQ 690 EX 686 (CC denial 7/11)
Goal Score: 720 Across the Board by Mid 2012
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New Contributor
ALHondaGuy
Posts: 55
Registered: ‎06-21-2011
0

Re: Best shot at approval?

Forgot to ask, does Barclay's report to all three or just TU?

Mega Contributor
Creditaddict
Posts: 19,434
Registered: ‎10-23-2007
0

Re: Best shot at approval?

reports to all 3

Fico Scores: EQ 657 Cabelas, TU 662 Walmart, EX 699 Wells (07-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 40 Cards in between :smileytongue:
Valued Contributor
tray
Posts: 1,384
Registered: ‎01-29-2008
0

Re: Best shot at approval?


ALHondaGuy wrote:

Barclay's Apple Financing Visa was approved online for $690. Said the card should be in the mail in a few days.


Congratulations, road to recovery!!!!


Starting Score: EQ 546 TU 566
Current Score: EQ 693TU 08 729 EX 08 738Need to Garden/New Accounts
Goal Score: 800

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