Card Apply Time..Need advice

[Anonymous]

Ok. First off thanks in advance for any help...I should be closing on my townhome by November..I was under the impression that they would be finished in January..I have my pre-approval and everything and will sign the contract in the next 2 weeks... I was planning on saving 3,000 for 4 months Oct-Jan to purchase what I need for the house and now my plans are out the window because we would move sooner than expected...

I need to get at least a 4-5,000 limit on lowes, home depot, or another appliance store.

Also need a credit card for about 6,000 for furnishings for living room and dining room. If I get 10,000 work of credit I can pay it off in about 6 months.

My scores are listed below. I expect my EQ to increase within 2 weeks to about 680-700 (utilization ia decreasing and my only late is being removed) and TU to about 650-660..EX is a lost cause. I have to wait until after closing to apply so I have about 3 months..

My income and my soon to be husband's is about 6200 per month. We would rather get the furniture within a few weeks of moving in, rather save or wait.

If you guys can advise who pulls what and the minimum score that would help.

[Anonymous]

Lowes is GEMB

Home Depot is Citi

From my experience, I am in the Midwest and Lowes pulls EQ, Home Depot pulls EX.

You can check out www.whogavemecredit.com and CB has a credit pull database.

[Anonymous]

Thanks a lot. I guess Lowes is the way to go for me.

[haulingthescoreup]

I might have missed this in your original post; if so, my apologies, but DON'T apply for anything until the mortgage is signed, sealed, and delivered --and funded. Not only will the app and new credit hurt your scores, looking for credit at closing time will give many lenders the heebie-jeebies, to use the polite term.

PS: Home Depot usually gives higher CL's, if your score can handle it. (Yes, of course there are exceptions.) They pulled EQ for me in Tennessee, this past February. Good luck!