10-21-2013 07:44 PM - edited 10-21-2013 07:47 PM
Applied Oct.12 for the Duck card. Received Instant Approval. Didn't bother to call and ask CL. Waited it out and finally received a letter with my credit score on Friday Oct. 18
EQ score of 819. Oldest account is 16 years 10 months old. AAOA is 7 years. My utilization at time of application was 6%. No negatives on any of my CRs
4 INQ on EX, 3 INQ on EQ, 4 on TU. Received the card in the mail today with a $15000 CL and APR is 9.99%
I'm currently in the rebuilding phase. Just recently applied and was approved for Discover IT ($1500) and Capital One ($300) in August.
Debating whether I want to try for the Beaver card too. I may use the card well for a few months just to establish a good relationship with them before trying for the Beaver card.
10-21-2013 08:11 PM
Congrats! Thats an excellent limit.
None of us have made an attempt at both the Duck and the Beaver. I think I would be cautious about that since it is a smaller credit union. Wouldnt want to frighten them.
10-21-2013 08:22 PM
app'ed 10/18/2013 reveived 7-10 days . called this morning was approved for 20K CL. 4x inquiries,1 paid CO,5 new accounts in 3 months fico score 702. Personal income x,xxx,xxx,xx Business income xx,xxx,xxx,xx.Trying recon for 100K.They said they can give me Max limit right now for 50K if i fax last year tax return or bank statement, thats fine i'll fax it tomorrow.
10-21-2013 08:30 PM
Thanks, DiabolicallyRandom. Congrats to you too on the approval and CL. I was just happy with the nice CL. This should help me establish a better credit history. Definitely help with Utilization. Maybe in a few months I can use this credit limit to talk Discover and Capital One into giving me larger CL. Not holding my breath on Capital One.
10-21-2013 08:43 PM - edited 10-21-2013 09:11 PM
Now I am curious about CLI. They seem to be generous with inital CL. This card by far is my largest CL.
Time will tell if they are also generous with CLI.
10-22-2013 10:11 AM
10-22-2013 12:09 PM
FWIW I was approved with 33% util, however I am high earner.
Got congrats instant approval mesasge and says card will arrive 7-10 days (not to be confused with 7-10 day message).
My highest CL's are in the 30-50k range so I am interested to see what this one is since I have seen some high lines with people here with less profile than mine
10-22-2013 12:19 PM - edited 10-22-2013 12:30 PM
Am I way off in concluding that the Duck/Beaver card is best for people with already high scores and the necessary incomes for high initial CL's but who currently don't with other lenders for whatever reason?
10-22-2013 01:43 PM - edited 10-22-2013 01:45 PM