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Epic Contributor
Posts: 23,259
Registered: ‎10-23-2007
0

Helping someone NO CREDIT... Who is approving?

I think I read mixed results with:

Discover

Amex BCE

 

who was your first card and within last month that you got it?

Fico Scores: EQ- 668 DCU., TU 704 Best Buy, EX 700 Chase (2/5/15)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
67 Cards and Counting :smileytongue:
Contributor
Posts: 113
Registered: ‎02-23-2014
0

Re: Helping someone NO CREDIT... Who is approving?

My wife had nothing good on her credit (just baddies), and she got approved for 4 cards in the past 2 months.

USAA cash rewards (certain membership requirements) with a 1k credit limit.

Capital One with a 1k credit limit.

Chase sapphire Preferred with an 8k limit.

NFCU flagship rewards with a 16k limit.

Her credit rating was 650 and below among the different CRAs. (Really lucky with chase)

My Wallet: AMEX Platinum | Citi AAdvantage Exec $20k | Chase Marriott Rewards Premier $12k | United MileagePlus Club 8k | FNBO $25k | Chase Military Officers Club $9k | Discover IT $5.5k | BankAmericard $30k | PENFED Platinum Cash Rewards $10.5k | Barclay Rewards $6.15k | USAA AMEX $15k | USAA MC $16k | NFCU Flagship Rewards $25k | Logix $15k | Chase Ink Cash $12k | Paypal MC $5k | Walmart Discover $5.4k | Chase Freedom $2k | Sallie Mae $2k | Target RedCard $300 | JP Morgan Ritz-Carlton Rewards $5k | BoA Alaska $1k

Epic Contributor
Posts: 23,259
Registered: ‎10-23-2007
0

Re: Helping someone NO CREDIT... Who is approving?


mattmix36 wrote:
My wife had nothing good on her credit (just baddies), and she got approved for 4 cards in the past 2 months.

USAA cash rewards (certain membership requirements) with a 1k credit limit.

Capital One with a 1k credit limit.

Chase sapphire Preferred with an 8k limit.

NFCU flagship rewards with a 16k limit.

Her credit rating was 650 and below among the different CRAs. (Really lucky with chase)

if she had a score, then she had credit? was she AU on your stuff or had student loans or?

Fico Scores: EQ- 668 DCU., TU 704 Best Buy, EX 700 Chase (2/5/15)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
67 Cards and Counting :smileytongue:
Valued Contributor
Posts: 1,345
Registered: ‎03-24-2013
0

Re: Helping someone NO CREDIT... Who is approving?

[ Edited ]

my first card was the discover more.

I had 0 credit, and went to get an auto loan with a cosigner (approved).

The following month I applied for the discover and got approved (auto loan was not on my report at this point, but maybe had something to do with my approval?)

 

also, it was the normal discover card, not the student edition card.

CHASE FREEDOM | CHASE RITZ | AMEX BCE | | BOFA REWARDS | CITI TYP | DISCOVER IT | CHASE CSP
--------$32,000-------------$25,000---------$22,700-----------$18,000------------$11,000--------$8,750----------$5,000----

FICO - TU: 780 EX: 785 EQ: 760
Moderator
Posts: 7,208
Registered: ‎01-15-2009
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Re: Helping someone NO CREDIT... Who is approving?

Wow, that CSP approval with that score and only baddies with a 8k limit? Was that instant or did she speak with a recon rep? Someone was smoking some crack!! lol
Contributor
Posts: 113
Registered: ‎02-23-2014
0

Re: Helping someone NO CREDIT... Who is approving?

She is an authorized user on my 6year old 20k line FNBO

My Wallet: AMEX Platinum | Citi AAdvantage Exec $20k | Chase Marriott Rewards Premier $12k | United MileagePlus Club 8k | FNBO $25k | Chase Military Officers Club $9k | Discover IT $5.5k | BankAmericard $30k | PENFED Platinum Cash Rewards $10.5k | Barclay Rewards $6.15k | USAA AMEX $15k | USAA MC $16k | NFCU Flagship Rewards $25k | Logix $15k | Chase Ink Cash $12k | Paypal MC $5k | Walmart Discover $5.4k | Chase Freedom $2k | Sallie Mae $2k | Target RedCard $300 | JP Morgan Ritz-Carlton Rewards $5k | BoA Alaska $1k

Frequent Contributor
Posts: 269
Registered: ‎10-06-2013
0

Re: Helping someone NO CREDIT... Who is approving?

My mom got approved for CapOne with no credit history with a $500 CL. Her app for first declined but a month later she received a pre-approval offer. Two months later she got approved for the Duck Card with a $500 CL

After making two CapOne payments she got an auto CLI for $1.5k.
Macy's: $5k / Duck Card: $5k / CSP: $12.5k / BarclayCard WMC: $7k / US Bank Platinum Visa: $2.5k / PayPal MC: $4.5k / Bloomingdales: $1.5k / Care Credit: $9.6k / Ebates: $2.5k / JCrew: $1,350 / Dillard's AmEx: $1k / Cap One Quick Silver: $5k / US Bank Sig: $10k / Brooks Bros Visa: $2k / Amazon: $1,550 / Banana Republic Visa: $2.2k / Bank of Hawaii AmEx: $3.2k / Diners Club: $10k / Discover Chrome: $1.5k / JCP: $1k
Regular Contributor
Posts: 203
Registered: ‎02-21-2014
0

Re: Helping someone NO CREDIT... Who is approving?


mattmix36 wrote:
She is an authorized user on my 6year old 20k line FNBO

mattmix36, please come back and spell out what else was on her reports. I find that CSP approval amazing. 

Valued Contributor
Posts: 1,919
Registered: ‎06-21-2012
0

Re: Helping someone NO CREDIT... Who is approving?

Seeing a lot of Chase Freedom's and Discover IT's the past few days

| Walmart $5k | Amazon $5k | NFCU $20k | NLOC $15k | Lowes $17k | BoA $15k | Freedom $3k | IT $5.25k | CSP $5k | Marriott $5k | AMEX TE $18k | Alaska $5k |
Starting Scores: EQ:571 EX:??? TU:597
Current Scores: EQ:694 EX:714 TU:711
Goal Scores: 700
across the board
Established Contributor
Posts: 567
Registered: ‎04-02-2014
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Re: Helping someone NO CREDIT... Who is approving?


Creditaddict wrote:

I think I read mixed results with:

Discover

Amex BCE

 

who was your first card and within last month that you got it?


Discover IT is my first card right now (student). I had 0 history when I applied. My very first try was for the student Cap1 card, because it said on their website it was to help build history, but after a triple pull, I was denied for not enough history. :smileymad: So next I tried Discover, and got the 7-10 day message. After a few days I got an email saying welcome to Discover - approved for $500.






EX FICO (myFICO): 742 (7/1/14) | TU FICO (Discover): 716 (2/8/15) | EQ FICO (Citi): 706 (1/27/15)

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