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Super Contributor
DI
Posts: 5,767
Registered: ‎01-28-2008

Re: Can anyone suggest me which card I can be approved for sure?

I can't guarantee you wil get approve, but I certainly suggest applying for the Kroger 123 Master Card.  Your EQ report will get pulled.  I see you currently have 8 inquiries with EQ.  I'm not sure it that will be a problem. 
Established Contributor
Uncle_Money
Posts: 530
Registered: ‎07-28-2008

Re: Can anyone suggest me which card I can be approved for sure?

Honestly, I would let these accounts age for one year. Again, your history is insufficient and that will be a red flag to prime lenders, in my opinion. I don't see an approval for a 10K credit line with your history.

 

Unfortunately, there are no guarantees. The only way to find out is to apply.

 

Keep PIF and you'll get there just as the rest of us have.

Equifax Fico 785 as of 01/18/2012
Established Member
alex65
Posts: 23
Registered: ‎06-20-2009

Re: Can anyone suggest me which card I can be approved for sure?

before I apply to Kroger123, I would like to add that I have already applied there in June, 2009 (when i my score was in high 500), I would also like to add the following info regarding my EQ profile:

(copied from TrueCredit )

 

Alert Type      Date              Description     
----------------------------------------------------------------               
   
New Inquiry     06/23/2009     HSBC BANK NEVADA        
                                                                                                                                       
New Inquiry     06/20/2009     KROGER         
                                                                                                                                              
New Account     06/08/2009     CEFCU/PEORIA        
                                                                                                                                              
New Account     05/29/2009     MACYS/DSNB        
                                                                                                                                
New Inquiry     05/18/2009     FINGERHUT/CIT BANK         
                                                                                                                                         
New Account     05/08/2009     FIRST PREMIER        
                                                                                                                                               
New Inquiry     05/05/2009     DIGITAL FEDERAL CREDIT UNION     

 

 

Shall i apply again to Kroger? 

Established Member
alex65
Posts: 23
Registered: ‎06-20-2009

Re: Can anyone suggest me which card I can be approved for sure?

I have always ( though i really do not have a long history) PIF on all credit accounts.

I guess, for an approval from a prime lender i have to wait.

 

Thanks.

Super Contributor
DI
Posts: 5,767
Registered: ‎01-28-2008

Re: Can anyone suggest me which card I can be approved for sure?

You may need to wait as the other posters suggested.  Your accounts are too new.  Don't waste the inquiry and ding on your score. 
Super Contributor
DI
Posts: 5,767
Registered: ‎01-28-2008

Re: Can anyone suggest me which card I can be approved for sure?

Do not apply for the Kroger card.  A rule of thumb is to wait 6 months before reapping after a decline with a creditor.
Established Member
alex65
Posts: 23
Registered: ‎06-20-2009

Re: Can anyone suggest me which card I can be approved for sure?

Thanks for your timely reply. I was just about to start my kroger application.

I wasnt really aware of the thumb-rule you mentioned either. Somehow, it seems i am obsessed with all this credit business. 

I have just moved-in to US (about an year ago), earn reasonable , but it really frustrates me that i dont own a card with a reasonable CL (like 10k or more).

 

I really am running out of patience to have a card with good CL. But this time, i am being cautious , and with the help of you guys I not committing any stupid mistakes (like i did in the past, applied blindly to 10s of card companies with-in a wee). 

 

I am learning the ropes.

 

all-in-all i am not applying at the moment, but do not know when i would yield to my temptation and end up applying again.

 

Thanks so much guys!

Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,114
Registered: ‎04-01-2007

Re: Can anyone suggest me which card I can be approved for sure?

Seriously, cool your jets! Somethings just take time.

You'll get much better deals if you wait and let all your new cards catch up and raise your scores.

Hang in there, it will get fun again. :smileywink:
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Valued Contributor
usmc58555
Posts: 1,673
Registered: ‎02-18-2009

Re: Can anyone suggest me which card I can be approved for sure?


alex65 wrote:

I have poured almost every relavent bits of information i could have about my credit profile, and i just thought may be someone at the forum could suggest me a card i could get without a denial. 

 

I have glued myself for more than 2 hours on this forum just waiting for some home. And i sincerely thought some one could analyse my case and could help me.

 

Now, i guess, i cant be approved for a card at this point with 100% assurance.

 

Still, if anyone could suggest me anything, i would be grateful.

 

Thanks!


 

You want an affirmation. I am sorry we cannot give it to you.

 

No one here, that I know of, has that ability to grant credit to anyone other then personally loaning you money.


Your accounts are under a year. NOT EVEN A YEAR, and you have a lot of them.

 

You kinda took your options already.

STOP APPLYING FOR CREDIT.
LET YOUR ACCOUNTS AGE TO A YEAR PLUS.

 

Choose carefully and after maybe 18 months you can get a more "meaningfull" card.


But right now you have what you have and it looks like you have enough to my eyes.

 

 

Signature line begins:
Credit is not a right, but a business transaction, one that takes into account risk, and charges accordingly based on that risk.
Your credit score is an aspect of your credit profile. Important? yes but just an aspect. Contributing/supplemental information determines the finer point of the deal. Ask any question, respect me not to get mad if the answer is not the affirmation you are looking for,
Senior Contributor
txjohn
Posts: 4,214
Registered: ‎09-12-2008

Re: Can anyone suggest me which card I can be approved for sure?

Impatience and credit are a bad mix.  Credit, by its very nature is "time tested" borrowing.  You must establish a history of paying and responsibly using what you have.  If you want a $10,000 card, then you will need to deposit $10,000 into a savings account with a CCC who issues secured cards up to that limit.  This would include Bank of America, Amalgamated Bank of Chicago and Navy Federal Credit Union (if you can qualify membership) as three I can think of off the top of my head.

 

But nobody, especially in this credit climate, is going to issue a $10,000 unsecured card to such a short history, number of new accounts and inquires and FICO.

 

Credit issuers ended up in the boat they are in by not following those guidelines for a period, and now we all are paying the price.

 

Have patience, use the credit wisely, pay on time, PIF, and you will eventually have the credit you need.  But I can tell you this, it is better to have $10,000 in savings than $10,000 in credit.  While you wait for your credit to age....work on your savings.  Having cash reserves and emergency funds are a HUGE part of credit.  This provides stability if unexpected expenses, job loss, medical crisis or other life event occurs.

 

:smileyhappy:

 

 

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09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549

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