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myjourney
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Re: Chase freedom Vs Discover IT


Redneck2009 wrote:

i know my utl. I bought the fico trial so tomorrow I will be able to give you accurate scores... i answered one of the verification questions wrong by accident lol

 

 

ok second half question. IF i am screwed... my gf needs to start establishing credit. shes 20 with no credit history, will she be approved for ither one?


She will most likely be denied due to no history Chase likes to see a year of CC history  

"Intelligence plus character--that is the goal of true education"
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http://lmgtfy.com/?q=Capital+One+CEO+email+address+#seen
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Redneck2009
Posts: 10
Registered: ‎11-20-2013
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Re: Chase freedom Vs Discover IT

how about with discover?

Community Leader
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myjourney
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Re: Chase freedom Vs Discover IT


Redneck2009 wrote:

how about with discover?


Hard to say Discover has been known to take a chance on files. YMMV tho

"Intelligence plus character--that is the goal of true education"
Cap1 EO link below
http://lmgtfy.com/?q=Capital+One+CEO+email+address+#seen
Last 5 apps 6/6/13
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Redneck2009
Posts: 10
Registered: ‎11-20-2013
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Re: Chase freedom Vs Discover IT

ok last question for right now, IF i do try just for the hell of it... does a denial hurt me in any way? afterall i was always taught you dont know unless you try... well is that the case here? if i try and they do deny me... does it hurt me for down the road?

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jamesdwi
Posts: 1,549
Registered: ‎09-16-2011
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Re: Chase freedom Vs Discover IT

you will have a HP that stays on your account for 2 years and affects your Fico scores for 1 year, and too many in a short period will signal your creditors that you may have a problem and they may decide to Credit limit decrease your account or balance chase you. its best to get your Balances under control, and then apply. If you did apply and manage to get it via a recon or 6... you can almost guaranteed to a low CL that will stay that way for a long time and possibly cost you additional HP's to get it to grow. 

 

 


Cards: Chase Southwest 20k & CSP 10k & Amtrak 4.6k, & Freedom 3.3k & Slate 3.3k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & AMEX Hilton Surpass 7.5k & AMEX Zync NPSL, Sams Club Discover 10k, Paypal Extras MC 6k, CapOne 2.5k, CapOne 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.
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Redneck2009
Posts: 10
Registered: ‎11-20-2013
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Re: Chase freedom Vs Discover IT

ok then yea i will wait. thanks for your help!!!!

 

i lied though ONE more question lol.

 

what would be a good card that my gf could get to start establishing credit?

Community Leader
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myjourney
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Registered: ‎02-07-2013
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Re: Chase freedom Vs Discover IT


Redneck2009 wrote:

ok last question for right now, IF i do try just for the hell of it... does a denial hurt me in any way? afterall i was always taught you dont know unless you try... well is that the case here? if i try and they do deny me... does it hurt me for down the road?


While your right in thinking you never know until you try Credit is not one you should consider under that theory 

But one HP can't hurt but the ding will only hurt for 6 months resulting in between 3-5 point loses not a big deal if you can afford it

"Intelligence plus character--that is the goal of true education"
Cap1 EO link below
http://lmgtfy.com/?q=Capital+One+CEO+email+address+#seen
Last 5 apps 6/6/13
Community Leader
Senior Contributor
myjourney
Posts: 25,541
Registered: ‎02-07-2013
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Re: Chase freedom Vs Discover IT


Redneck2009 wrote:

ok then yea i will wait. thanks for your help!!!!

 

i lied though ONE more question lol.

 

what would be a good card that my gf could get to start establishing credit?


https://www.sdfcu.org/‎ Secured card 

"Intelligence plus character--that is the goal of true education"
Cap1 EO link below
http://lmgtfy.com/?q=Capital+One+CEO+email+address+#seen
Last 5 apps 6/6/13
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Redneck2009
Posts: 10
Registered: ‎11-20-2013
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Re: Chase freedom Vs Discover IT

Thank you all very much!!

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Senior Contributor
myjourney
Posts: 25,541
Registered: ‎02-07-2013
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Re: Chase freedom Vs Discover IT


Redneck2009 wrote:

Thank you all very much!!


Your very welcome and should you apply 

Good luck

"Intelligence plus character--that is the goal of true education"
Cap1 EO link below
http://lmgtfy.com/?q=Capital+One+CEO+email+address+#seen
Last 5 apps 6/6/13

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