Credit Cards

[beb86]

Stepped out of the garden to get a Discover It and Target Red card so traded in my gold spade for the seedling.......no more apps for at least 6 months.

[LesWH]

I was only in the garden all of 1 day!! Stepped out for PenFed Cash Rewards!!  I'm happy to be back in the garden again with a shiny new seedling!!!

[SpeedingWheels]

Been gardening since 10/29. 

It's not easy, but it'll be rewarding in May when I go for Chase Freedom and *maybe* Amex Delta. 

[Wolf3]

I'm in for January, at least.   After that,  I'll only step out for mortagage refi.

[desie25]

I also need to garden and stop applying 

[creditnocash]

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tinuviel wrote:

The way the recognition level rules stand currently, yes it would, as it's a new tradeline that appears on your reports.

Admittedly, I feel ambivalent about this. An old, established AU account might actually help to further gardening goals, as the account is seasoned and could serve to boost AAoA -- and it doesn't require adding an inq to the reports. OTOH, if the AU account is recent, then it might bring down one's AAoA; case in point would be if I were to add myself as an AU on my DH's Lowe's account, which has been opened less than 3 years, while my AAoA is between 7-8 years.

I'm open to thoughts on this. If GC members have opinions pro or con on allowing AU accounts to be exempt from factoring into recognition levels, please feel free to share.

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i too see your point.. 

we can not establish if it is a new au or not. 

i personally think it should kick you out of the garden because it's a new account TO YOU. 

if that's not the case i think we should amend this rule too only out of the garden if you take a hardpull. If you get a loc or new line that is only a soft pull it should be exempt. 

edited for grammer police was on my iphone when i typed that. 

[Wolf3]

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creditnocash wrote:

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tinuviel wrote:

The way the recognition level rules stand currently, yes it would, as it's a new tradeline that appears on your reports.

Admittedly, I feel ambivalent about this. An old, established AU account might actually help to further gardening goals, as the account is seasoned and could serve to boost AAoA -- and it doesn't require adding an inq to the reports. OTOH, if the AU account is recent, then it might bring down one's AAoA; case in point would be if I were to add myself as an AU on my DH's Lowe's account, which has been opened less than 3 years, while my AAoA is between 7-8 years.

I'm open to thoughts on this. If GC members have opinions pro or con on allowing AU accounts to be exempt from factoring into recognition levels, please feel free to share.

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i too see your point.. 

we can not establish if it is a new au or not. 

i personally think it should kick you out of the garden because it's a new account TOO YOU. 

if that's not the case i think we should amend this rule too only out of the garden if you take a hardpull. If you get a loc or new line that is only a soft pull it should be exempt. 

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Grammar police:   To You ( not TOO YOU)

I agree, if inquiry from mortgage is out of the garden,  new AU should be  out of the garden. 

[tinuviel]

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creditnocash wrote:

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tinuviel wrote:

The way the recognition level rules stand currently, yes it would, as it's a new tradeline that appears on your reports.

Admittedly, I feel ambivalent about this. An old, established AU account might actually help to further gardening goals, as the account is seasoned and could serve to boost AAoA -- and it doesn't require adding an inq to the reports. OTOH, if the AU account is recent, then it might bring down one's AAoA; case in point would be if I were to add myself as an AU on my DH's Lowe's account, which has been opened less than 3 years, while my AAoA is between 7-8 years.

I'm open to thoughts on this. If GC members have opinions pro or con on allowing AU accounts to be exempt from factoring into recognition levels, please feel free to share.

---

i too see your point.. 

we can not establish if it is a new au or not. 

i personally think it should kick you out of the garden because it's a new account TOO YOU. 

if that's not the case i think we should amend this rule too only out of the garden if you take a hardpull. If you get a loc or new line that is only a soft pull it should be exempt. 

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Well, like I said, I'm ambivalent. But, I'm leaning towards your first point, ie: that it's a new account TO YOU. We had a bit of debate over making exceptions for certain HPs, and I really don't want to have to amend those guidelines any further.

Also, since I've been pondering this today, I've come to the conclusion that it would be difficult to amend the rules so as to distinguish between adding an old, well seasoned AU account and hopping onto a spouse's recently opened one. If we allow one member's AU account, but not another, then it raises issues of fairness. I'd rather not add anything to the rules that might engender resentment. After all, we're here to support each other, and I want to keep things friendly.

So... I think that we should stick with the rule that if it's a new TL on your report, then it's a new TL, and the current GC rules apply.

[tcbofade]

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tinuviel wrote:

So... I think that we should stick with the rule that if it's a new TL on your report, then it's a new TL, and the current GC rules apply.

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I agree.  While it's easy to argue semantics and what is perfectly "fair", I think the general point of the Gardening Club involves NOT opening (or joining) new (even just "new to you") tradelines.

[QAMngrGirl]

Ok, gardening fail. I lasted 9 days, stepped out to get the Barclays NFL Card & added my first year college student son as an AU, stepped back in.

Will go hide in the corner now