Reply
Established Member
wolverine1975
Posts: 14
Registered: ‎10-21-2012
0

Discover it chances

Hello everyone, I've been reading these forums for the last couple of months or so, and decided to post for the first time. What would my chances be of obtaining the discover it card in my current situation? EX.673-EQ.670-TU.711 all are Fico scores. The TU report is absolutely clear, EQ has a paid medical bill from 2011, and a paid judgement from 2006...due to drop off in October. Lastly EX has the same paid medical as reported on EQ stated above, and nothing else. As far as inquiries are concerned... it's as follows. Tu=14 EQ=7 EX=17.  Of those inquiries, I got hit with  12 of em" after purchasing my car last year @ 7/4/2012. I hope I haven't forgotten any vital needed information. I would like to say, the people of these forums give really helpful advice...wonderful job!  Thanks in advance for any and all advice.

Regular Contributor
mikey78
Posts: 736
Registered: ‎07-22-2013
0

Re: Discover it chances

I actually applied for Discover card based on Creditkarma.com's recommedation
they give you history and score based off TU reports and it's free and and my TU Score based on credit Karma was 709 and said i had a good chance of being approved
when i got the card in the mail my equifax fico score was 697

hope this was helpful on my end
Discover does say it requires excellent credit


Current score TU 708, EX 686 EQ 715
Status I.T.Garden Till 08/2014
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Discover it chances

Your scores look OK, those Inqs are over a year old, FICO only scores them for a year, so should be good there.  I hope someone with more knowledge than me  will chime in, but it actually looks like you have a good shot to me.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Community Leader
Senior Contributor
myjourney
Posts: 26,659
Registered: ‎02-07-2013
0

Re: Discover it chances


wolverine1975 wrote:

Hello everyone, I've been reading these forums for the last couple of months or so, and decided to post for the first time. What would my chances be of obtaining the discover it card in my current situation? EX.673-EQ.670-TU.711 all are Fico scores. The TU report is absolutely clear, EQ has a paid medical bill from 2011, and a paid judgement from 2006...due to drop off in October. Lastly EX has the same paid medical as reported on EQ stated above, and nothing else. As far as inquiries are concerned... it's as follows. Tu=14 EQ=7 EX=17.  Of those inquiries, I got hit with  12 of em" after purchasing my car last year @ 7/4/2012. I hope I haven't forgotten any vital needed information. I would like to say, the people of these forums give really helpful advice...wonderful job!  Thanks in advance for any and all advice.


Welcome to the forum 

Score....ok

2 baddies 1 paid 1 not

large number of INQ...but the car should have no effect because they are over a year old and could be explained during recon

IIMHO could be approved but with small limit

Have you tried to work on your baddies first to increase scores and make CR look better? 

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/13


Moderator
09Lexie
Posts: 26,591
Registered: ‎09-13-2012
0

Re: Discover it chances

Welcome to the forum! Besides the car what other cc's do you have?

Apologies if its in your siggy- I'm on mobile.
Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Discover it chances

I think you might get approved with a 1500-2000 limit.
It's great that you have less inqs on EQ as Discover typically pulls EQ. I had a 688 EQ when approved.

Do you have any current credit cards that are > 1 yr old?
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Established Member
wolverine1975
Posts: 14
Registered: ‎10-21-2012
0

Re: Discover it chances

Thanks for reading and responding. But both baddies are paid. 1 being the judgement on EQ, the other being the medical bill showing on both EQ & EX. Should i wait for the judgement to fall off in October to boost my EQ score? Thanks again

Moderator
09Lexie
Posts: 26,591
Registered: ‎09-13-2012
0

Re: Discover it chances

Frequent Contributor
WallyxD
Posts: 273
Registered: ‎10-02-2012
0

Re: Discover it chances

[ Edited ]
What's your AAoA? Though I had a TU score of 702 at the time I applied, they denied me twice (for the student card), because of short history (about 6 months AAoA at the time) and because of the number of inquiries I had within the last 6 months and 24 months. I had about as many inquiries on TU as you do, so I would say its completely up to your AAoA.
AE Store CC: $850 | AEO Visa: $2,300 | CapOne Quicksilver: $1,700 | Citi Forward for Students $1,500 | Walmart CC $1,350 | Chase Amazon: $500 | PayPal Smart Connect: $500 | Discover iT for Students: $500 | Chase Freedom: $500

Gardening until util 30%
TU Fico: 652 (3/11/14)
Established Member
wolverine1975
Posts: 14
Registered: ‎10-21-2012
0

Re: Discover it chances

Yes i have a Capital One opened 8/10/10, and a Merrick Bank opened 4/9/13.


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.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}