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Regular Contributor
brcamacho
Posts: 181
Registered: ‎07-27-2012
0

GE Question

Does having a current GE card  with good history and verly low util help with getting another GE card?  I.E. Walmart?

TU-688 5/14 (WM TU) | EX-692 on 2/14 (FNBO EX) | EQ-666 on 01/13

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Established Contributor
CruzImperial
Posts: 867
Registered: ‎07-04-2012
0

Re: GE Question

I believe so as it has happened to me. Once in with GE, always in with GE. IMO

Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Established Member
lorenzj4
Posts: 20
Registered: ‎01-12-2012
0

Re: GE Question

If your already in with GE, is it a HP or SP for another card with them?

Contributor
tbolt2
Posts: 84
Registered: ‎03-11-2011
0

Re: GE Question

HP through Trans Union for me every time when  I applied in 2010.

 

I haven't applied for anything with GE in a while, so I don't know if anything has changed. Once you get an account with them, i can tell you that they do not like any new negatives or high utilization.

 

If your report is clean, the automatic CLI's GE does can be very generous:

My wife:

JCPenney 200 > 1000 >  1600 in 7 months

Amazon store card 1100 > 1300 > 1500 in 10 months

 

I had a few collection items from 2006  hit my report in 2011 after I had received my JCP and Amazon card. JCP is still stuck at 200, Walmart stuck at 700 and Amazon at 1100. Both the Amazon and WalMart card got one CLI at the 4 month mark, nothing since.... and its been over a year. I have had perfect payment history on every account for more than two years, but my utilization, inquiries, and balances have been quite high.....after this month, my util will be below 30%... hopin for some CLI's by the end of the year, but I'm not holding my breath....

 


Starting Score: 534 11/09
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Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
0

Re: GE Question

when you open a new tradeline its always a hardpull. 

but i believe all ge cards are soft pulls for cli. 

Current: Discover Fico 689 9/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

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Discover IT$2900
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Contributor
wealthcreator
Posts: 211
Registered: ‎07-02-2012
0

Re: GE Question


OlegWasHere wrote:

when you open a new tradeline its always a hardpull. 

but i believe all ge cards are soft pulls for cli. 


agree..

Walmart TU-724 on 12-2012
EX-707 on 08-2012
EQ-668on 08-2012
_________________________________
Wallet - Discover 1500 | Chase Freedom 1500 | OldNavy Visa 2750 | Walmart 2000 | Amex BCE 6000 | BoA Visa Sig 5000 | Chase Marriott 5000 | Amex Hhonor 2000 | CSP 5000
__________________________________________
Established Contributor
migliogiorni
Posts: 657
Registered: ‎06-27-2012
0

Re: GE Question

It helped me.  Had GE account for 6 months, then app'd for Wal Mart, instantly approved.  Both were HP's

 

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Regular Contributor
CK_Charles_Lover
Posts: 248
Registered: ‎09-02-2011
0

Re: GE Question


OlegWasHere wrote:

when you open a new tradeline its always a hardpull. 

but i believe all ge cards are soft pulls for cli. 


+1

Trans Union Fico (Walmart) ,690 Experian Fico (Amex) 686(Opened 3 new accounts this month. In the Garden)


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Senior Contributor
bichonmom
Posts: 3,318
Registered: ‎05-05-2011
0

Re: GE Question


brcamacho wrote:

Does having a current GE card  with good history and verly low util help with getting another GE card?  I.E. Walmart?


Yes and no. They're still going to pull your TU and base approval on your CR and FICO. So, having a positive history on a GE card may or may not help override anything negative on your CR.

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Established Contributor
CruzImperial
Posts: 867
Registered: ‎07-04-2012
0

Re: GE Question

[ Edited ]

OlegWasHere wrote:

when you open a new tradeline its always a hardpull. 

but i believe all ge cards are soft pulls for cli. 


 

Home Design, HHGregg and Brandsmart are 3 of my cards that won´t CLI with a SP.

 

I have talked to U/W and nothing. They want to HP, 1 for all 3 though.

Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |

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