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New Contributor
FicoHound007
Posts: 60
Registered: ‎02-06-2009

Household was good to me....

So I am in the rebuilding stage of my credit. I have two CC on my report that went to collections and 3-4 collections accounts (all paid). Since then I have been an AU on two cards that have good Util (about 13k combined limit with only $300 balance), I opened a car loan (co-signed) and a macys department store card, both in Jan 09.

 

I was happy because I ran my CR on myfico and it said my EQ was up to a 662 (woohoo). I thought I could now apply for my own CC (no AU) and get approved. I was sadly mistaken when I applied at two different places and was denied at both. One of those being my CU (where I have my car loan)

 

I figured I would try one more place. My frown was turned upside down when I tried Households pre-approval website and they said they had something for me. I applied and got a $750 credit limit with $39 AF. Does anyone know how Household is with CLI? 

 

I still wonder why this may be the case because one of the CC that I defaulted on (sent to collections) was an HSBC card. Why would they approve me? Isn't Household backed by HSBC? 

Mega Contributor
Creditaddict
Posts: 18,812
Registered: ‎10-23-2007

Re: Household was good to me....

They forgive once!

congrats on your new card.

some people get decent regular CLI from household and others can't get past the $100 increases. 

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
New Contributor
FicoHound007
Posts: 60
Registered: ‎02-06-2009

Re: Household was good to me....

Well thats good to know that they forgive.

 

Is that really the case? or is my case an isolated one?

Mega Contributor
Creditaddict
Posts: 18,812
Registered: ‎10-23-2007

Re: Household was good to me....

I had household in my ch 7 and they gave me a card right after I filed. actually 3 cards!
Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Contributor
UnderEstimated
Posts: 130
Registered: ‎04-16-2007

Re: Household was good to me....

Depending on the time that has past since they charged off your account, you could re-open a new account.  There are a few members on this board that have gone through charged off accounts and BKs and were able to open up new accounts with those creditors in the future.

New Contributor
FicoHound007
Posts: 60
Registered: ‎02-06-2009

Re: Household was good to me....

thanks for everyone's input

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