Credit Cards

turn on suggestions Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Reply
Topic Options
Established Contributor
mAndrew1980
Posts: 679
Registered: ‎08-26-2011

CITI Simplicity Approved

Options

‎08-16-2012 02:22 PM

Hey gang,

 

Long time since I've been on MyFICO. In June I officially closed on my Condo, which I owe exclusively to MyFICO. Literally it would never have been possible with out these forums. My FICO's were in the high 700's but have dropped considerably since then due to many new accounts, several inq's, increased utl%, and a ton of new debt.

 

Anyways I just apped for CITI Simplicity and was instantly approved. They have 0% for 18 months, which would allow me to pay down some of the balance on my Chase Mileage Plus card. My income will be increasing in the near future so I'll be in better shape six months from now.

 

CITI gave me a $1800CL and I'm really disappointed in it. My reports are 100% clean but I guess I'm lucky to have gotten approved at all with all the new accounts/inq's/utl%/etc. What are my chances of getting a CLI on Recon? I was hoping for $3000 or so. Also is CITI decent with CLI's after 6-12 months?

Transunion: 707 FICO (4/5/2013) MyFico
Experian: 789 FICO (4/10/12) Lender Pull
Equifax: 706 FICO (8/16/12) MyFico

My cards: Chase United Mileage Plus 7000CL (3/12), CITI Simplicity 1800CL (9/12), Cap1 Platinum 1000CL (2/10), Cap1 Cash back 1500CL (11/11), Apple Barclay's 2250CL (11/11), Discover IT 6000CL (5/13)

It will take me 12 months to re-grow my scores but I am officially a Proud CONDO owner!!!!!



Message 1 of 6 (791 Views)
 
Reply
Mega Contributor
LS2982
Posts: 15,096
Registered: ‎04-09-2011

Re: CITI Simplicity Approved

Options

‎08-16-2012 02:43 PM

CONGRATS!!!!

how high was your util?


Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 684 / EQ FICO 664 / TU08 FICO 687 / TU98 FICO 672 / TU VS 711 6/16/2013
Message 2 of 6 (761 Views)
 
Reply
Established Contributor
mAndrew1980
Posts: 679
Registered: ‎08-26-2011

Re: CITI Simplicity Approved

Options

‎08-16-2012 03:45 PM

Thanks! Hows the gardening going?

 

My utl is about 50% right now. Guess im lucky to have gotten approved.

Transunion: 707 FICO (4/5/2013) MyFico
Experian: 789 FICO (4/10/12) Lender Pull
Equifax: 706 FICO (8/16/12) MyFico

My cards: Chase United Mileage Plus 7000CL (3/12), CITI Simplicity 1800CL (9/12), Cap1 Platinum 1000CL (2/10), Cap1 Cash back 1500CL (11/11), Apple Barclay's 2250CL (11/11), Discover IT 6000CL (5/13)

It will take me 12 months to re-grow my scores but I am officially a Proud CONDO owner!!!!!



Message 3 of 6 (737 Views)
 
Reply
Mega Contributor
LS2982
Posts: 15,096
Registered: ‎04-09-2011

Re: CITI Simplicity Approved

Options

‎08-16-2012 03:48 PM

mAndrew1980 wrote:

Thanks! Hows the gardening going?

 

My utl is about 50% right now. Guess im lucky to have gotten approved.

 

Went strong for 4 months then got some PSECU luv (2 auto refi's and a 9K VISA)

 

Staying in the garden for at least a year or more now. (even though I would like to get in with CITI but think im blacklisted)



Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 684 / EQ FICO 664 / TU08 FICO 687 / TU98 FICO 672 / TU VS 711 6/16/2013
Message 4 of 6 (731 Views)
 
Reply
Valued Contributor
youngandcreditwrthy
Posts: 3,931
Registered: ‎08-16-2012

Re: CITI Simplicity Approved

Options

‎08-16-2012 05:31 PM

That's awesome! I want that card! haha... From what I've seen, Citi is not really a bank for recons. LOL... at least not for me :-(

Paypal Extras Plat MC $25k | Lowe's $15k | Amex BCE $24.5K | Amex Delta Gold $5.5k | WMT Discover $15k | Ban Repub Visa $14k | Dillard's $10k | Travelocity Amex $7.7k | JCP $6.5K | Smile Gen $6.25k | Freedom Visa $5k | Citi Dia Pref $5k | C1 No Hassle Cash Visa $5k | Discover IT $4.75k | Amazon Store $10k | ANFitch $2.95k | Express $3.05K | Chevron $2.1k | Orchard Gold $1.7k
Message 5 of 6 (677 Views)
 
Reply
Regular Contributor
CK_Charles_Lover
Posts: 248
Registered: ‎09-02-2011

Re: CITI Simplicity Approved

Options

‎08-16-2012 10:37 PM

Some people are successful with recons right off the bat, not many, but I would say they they are pretty good at CLI at the 6 month mark (have to wait 6 to ask for first). Usually you can double limit with lower amounts. YMMV .Citi is a stickler when it comes to UTIL (at least for me).

Trans Union Fico (Walmart) ,690 Experian Fico (Amex) 686(Opened 3 new accounts this month. In the Garden)


AMEX BCE ($19,500) AMEX PRG -(NPSL), BARCLAYS US AIR PREMIER WORLD ($10,000), BOA CASH REWARD -($6,000), CITI HILTON RESERVE SIGGY-(5,000), WALMART DISCOVER ( $5,800), CITI DIAMOND ($4,700), CITI DIVIDED WORLD ($4,500), AMAZON STORE($5,000), NORDSTROM VISA SIG($5,000), PAYPAL STORE ($4,000) Amex Delta Gold ($2000)
Message 6 of 6 (595 Views)
 
Reply

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
www.myfico.com is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+