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Valued Contributor
beb86
Posts: 1,117
Registered: ‎10-31-2011

Re: Garden Club Meeting - January 2013

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.

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Established Contributor
LesWH
Posts: 608
Registered: ‎10-11-2012

Re: Garden Club Meeting - January 2013

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!!!


NFCU Signature Visa Cash Rewards, NavChek, Citi AA AMEX, Cap1 Cash Rewards, Discover IT, Home Depot, Sears, Walmart, Chase Freedom, AMEX Green, Lowe's, AMEX BCE, Chase Sapphire Preferred, AMEX Hilton Honors Surpass, PayPal Extras MC, PenFed Platinum Cash Rewards, AMEX Platinum

GC Challenge: App Free since 1/8/13. No more apps til 2014






Contributor
SpeedingWheels
Posts: 253
Registered: ‎08-06-2012

Re: Garden Club Meeting - January 2013

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. 


Walmart Discover ($5000) - Amazon ($5500) - Cap1 Cash Rewards ($2000) - Meijer ($5000) - Discover More ($1800) - Car Care One ($2100) - Amex Delta Skymiles ($2000) - Citi Thank You Preferred ($2000) - Chase Freedom ($500) - Sam's Club, GE ($1237?)
Senior Contributor
Wolf3
Posts: 3,198
Registered: ‎01-24-2010

Re: Garden Club Meeting - January 2013

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

Valued Member
desie25
Posts: 79
Registered: ‎12-07-2012

Re: Garden Club Meeting - January 2013

I also need to garden and stop applying 


Starting Score: 522
Current Score: 625
Goal Score: 700


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Valued Contributor
creditnocash
Posts: 2,187
Registered: ‎07-23-2012

Re: Garden Club Meeting - January 2013

[ Edited ]

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 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 :smileywink: was on my iphone when i typed that. 

Current: Discover Fico 689 7/14 Walmart Fico 682 7/14

Inquiries (24 Months): EQ 6 TU 3 EX 4 | Most Recent: 09/04/2013
2 Inquiries in The Last 12 Months


2014 Goals:
Lower Utility

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Senior Contributor
Wolf3
Posts: 3,198
Registered: ‎01-24-2010

Re: Garden Club Meeting - January 2013

[ Edited ]

creditnocash wrote:

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. 


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. 

Moderator Emeritus
tinuviel
Posts: 4,877
Registered: ‎11-02-2010

Re: Garden Club Meeting - January 2013


creditnocash wrote:

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. 



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.


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Valued Contributor
tcbofade
Posts: 2,046
Registered: ‎09-26-2011

Re: Garden Club Meeting - January 2013

[ Edited ]

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.


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.

 

 


Current Scores: EX 676 (FCR) TU08: 648 Wally (TU08). 07/01/14 Last app 05/29/2014.
Gardening until 01 November 2014.
(Thou shalt not app, thou shalt not app, thou shalt not app...)
Zero percent financing is where the devil lives...
Frequent Contributor
QAMngrGirl
Posts: 463
Registered: ‎11-28-2012

Re: Garden Club Meeting - January 2013

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  :smileysad:

Start: Nov'12 EQ 699/EX 685/TU 696 / Current: April''14 EQ 715/EX 709/TU 709 * Goal 750+



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