Wondering if I will have difficulty getting approved for this card after I close? I have other GE accounts but no CL's on my file are large enough for a fulll bedroom set. I can get 18 months to pay off plus manager aggreed to disc. furniture for me even if I miss the sale bc I can't apply for new credit until I close. I am getting a new construction so this is the only major purchase I need to make for my new townhome (haven't had a new bedroom set for over a decade).
Since they pull Tu, I know my score qualifies, but I'm a little heavy on the inquiries due to the mortgage process.
Starting Score: 492-TU04, 480-EX FICO V2, 467-EQ Beacon 5 (Via Mortgage PreQual March '12)
@jordanmedical wrote:Wondering if I will have difficulty getting approved for this card after I close? I have other GE accounts but no CL's on my file are large enough for a fulll bedroom set. I can get 18 months to pay off plus manager aggreed to disc. furniture for me even if I miss the sale bc I can't apply for new credit until I close. I am getting a new construction so this is the only major purchase I need to make for my new townhome (haven't had a new bedroom set for over a decade).
Since they pull Tu, I know my score qualifies, but I'm a little heavy on the inquiries due to the mortgage process.
Looking at your scores you shouldn't have a problem getting approved. You can always have the manager at the store call in to see if they can get you a higher CL if it is too low for what you need.
How long have you had your other 3 GE accounts?
That's another worry of mine, all my open GE accts (have 2 closed that are much older) are less than a year old due to the fact that my rebuilding journey started in 2012.
Wally: 7 months
Sams and Amazon: 6 months
@jordanmedical wrote:That's another worry of mine, all my open GE accts (have 2 closed that are much older) are less than a year old due to the fact that my rebuilding journey started in 2012.
Wally: 7 months
Sams and Amazon: 6 months
When do you close on your house??
GE in my experience with them have been more receptive to CLI's / new accounts after you've held some of their products with good use for over 6 months. Since your over 4 statement cuts with those cards I would give the luv button a shot!!!
I've been declined from the love button every time I tried in the past couple months. Even when calling in, it got so bad that one time the rep was like "Oh I remember you". I was approved for a 700 cli on my Amazon a couple months ago and nothing since then even with my credit file being better than when I applied.
I should close by the end of this month (fingers crossed)
@jordanmedical wrote:I've been declined from the love button every time I tried in the past couple months. Even when calling in, it got so bad that one time the rep was like "Oh I remember you". I was approved for a 700 cli on my Amazon a couple months ago and nothing since then even with my credit file being better than when I applied.
I should close by the end of this month (fingers crossed)
You said your Amazon card has been open for 7 months right?? That would explain the 1 CLI and none after. You can only get GE luv every 4 statement cuts. When your 8th statement cut comes i'd give a few days after that then call in. If your file is clean you'll get luv!
You should be fine for approval. Good luck to you!!!
I see alot of Haverty's commercials in MD, never seen an actual store tho. I'm gonna look them up might consider it for L/R makeover next year.
Thank you.
Is the 4 month thing per acct or on any cli?
@jordanmedical wrote:Thank you.
Is the 4 month thing per acct or on any cli?
It is for all GE retail accounts except CareCredit which is 6 months. Every 4 months from last successful CLI.
-got a cli on sams and walmart (finally)
Sams by phone 1000 (200 increase)
Walmart by luv button right after statement closed 1100 (400 increase)
Sams by phone 1000 (200 increase)
Walmart by luv button right after statement closed 1100 (400 increase)