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Established Contributor
efranklin23
Posts: 1,543
Registered: ‎11-14-2013
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Re: How do the best gardeners do it?

What motivates me from applying for credit over and over is that look at me going to the bank in my college years getting declined for a simple 300 CC. Sometimes reality does it to you. 

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EQ-659 TU-676 EX-705 (as of 8-15-14)
Senior Contributor
drkaje
Posts: 3,492
Registered: ‎07-25-2008
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Re: How do the best gardeners do it?

Nothing out there really floats my boat or adds value. I haven't applied for a credit card in over two years but am still have two more student loans coming up.

 

Inquiries are like cooties. Who really wants cooties? :smileyhappy:

 

Also, you really learn a lot here about credit. I remember when CA was car shopping: He posted a buttload of information about leases, how they're structured, pros/cons of different companies, cost of ownership calculators, and even taxes!! I didn't know any of that stuff before.

 

I do track when inquiries fall off, though. EX will be cootie-free by September.


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Regular Contributor
Brax
Posts: 185
Registered: ‎03-28-2013
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Re: How do the best gardeners do it?


studiogeek wrote:

Get out more. Stay off credit forums ;-)


+1

 

Staying off these forums (MyFico especially) does wonders for your AAoA.

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Contributor
budugu
Posts: 84
Registered: ‎04-03-2013
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Re: How do the best gardeners do it?


Brax wrote:

studiogeek wrote:

Get out more. Stay off credit forums ;-)


+1

 

Staying off these forums (MyFico especially) does wonders for your AAoA.


Yes! this ^

AU-> RE-Entering the Garden -> 03/07/2014
Moderator
Kenny
Posts: 5,591
Registered: ‎01-15-2009
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Re: How do the best gardeners do it?

I don't even know what it feels like to have an offer on USAA. How in the world do you even get one of those?!
Starting Score: EQ04: 748 (1/31/14) - TU08: 755 (1/06/14)
Current Score:EX08:802(10/08) - EQ04:763(8/29) - EQ08:790(10/16) - TU08:808(10/02)
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Established Contributor
VirtualCuriosity
Posts: 678
Registered: ‎09-10-2010
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Re: How do the best gardeners do it?


:smileytongue:drkaje wrote:

Nothing out there really floats my boat or adds value. I haven't applied for a credit card in over two years but am still have two more student loans coming up.

 

Inquiries are like cooties. Who really wants cooties? :smileyhappy:

 

Also, you really learn a lot here about credit. I remember when CA was car shopping: He posted a buttload of information about leases, how they're structured, pros/cons of different companies, cost of ownership calculators, and even taxes!! I didn't know any of that stuff before.

 

I do track when inquiries fall off, though. EX will be cootie-free by September.


Found one for you....

 


TU98 700, TU08 700, EQ 726, EX 700 (As of 10/2014) - Personal Goal = 760+

Gardening since 8-1-14












Valued Contributor
newmomnewme
Posts: 1,305
Registered: ‎09-30-2013
0

Re: How do the best gardeners do it?


notfancy wrote:

Wade64 wrote:

studiogeek wrote:

Get out more. Stay off credit forums ;-)


That's how we learn about credit the do's and don't   :smileysurprised:


True, but it's also very difficult when you find out from here about more and more cards you might not have even thought of. The perks, the limits, the aprs, the credit limit increases, the FICOs... It is all very seductive at times. Especially when you see people posting about approvals and they have lower scores or their situation seems some how sub par to yours. It makes you think you can get an approval because the other person did. It's also nice to simply GET an approval for a variety of reasons.

 

Avoiding the forums DOES help a lot of people and it is especially helpful to not visit the approval forum for some of us.  Chatting or joking in the garden club, reading the rebuilding forum, or scoring forum can help a lot, but sometimes it might not be enough for some people. (and that is okay too!)

 

OP- what ever you need to do, to make "gardening" or not apping, fixing your "baddies" or any thing else.. do that. Keep your eye on what ever your goals may be, and always try to do some sort of risk / benefit analysis. Ask yourself "what is really in it for me?" "If I apply now, are my chances of being approved high or am I risking another inquiry for nothing?" "Will I get the terms, rates, and limits that make this application worth it if I manage to get approved, and will they be acceptable to me?"


I am going to stay away from approvals for the next few weeks for that exact reason. I thought I could live vicariously but it hasn't worked so well for me as I am reseting my garden clock today.  Goals, goals, goals. Set them, monitor them, meet them!  Don't forget to celebrate!!!!!



Starting Score: May 2013 EQ: 577 TU: 537 EX: 555
Current Score: EQ: 600 TU: 644 EX: ??
Goal Score: ALL 720+

In the Garden Until August 2015 Last App Sept 2014
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Senior Contributor
drkaje
Posts: 3,492
Registered: ‎07-25-2008
0

Re: How do the best gardeners do it?

@ VirtualCuriosity,

 

If the day ever comes that a sailboat is fully enjoyable..... I won't need no stinking credit cards! :smileyhappy:


Starting Score: 675
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Regular Contributor
tmbr10
Posts: 104
Registered: ‎04-06-2012
0

Re: How do the best gardeners do it?

Treat your inquires like gold. Every time I see the words "App Spree" in a post, I cringe. I have yet to read a justifiable reason for filling out 4 or 5 credit applications in a day.

 

Life isn't fair and credit is even more unfair. It takes time to get your credit where you want it. But only one billing cycle to put it on skid row. Realize this and ask yourself each time you get ready to click "submit"...Is this a need or a want. Your "need" credit cards should far outweigh your "want" credit cards.

 

I'll admit, I have both types of cards. Nothing wrong with that. But keep the bigger picture in mind.

Valued Contributor
newmomnewme
Posts: 1,305
Registered: ‎09-30-2013
0

Re: How do the best gardeners do it?


tmbr10 wrote:

Treat your inquires like gold. Every time I see the words "App Spree" in a post, I cringe. I have yet to read a justifiable reason for filling out 4 or 5 credit applications in a day.

 

Life isn't fair and credit is even more unfair. It takes time to get your credit where you want it. But only one billing cycle to put it on skid row. Realize this and ask yourself each time you get ready to click "submit"...Is this a need or a want. Your "need" credit cards should far outweigh your "want" credit cards.

 

I'll admit, I have both types of cards. Nothing wrong with that. But keep the bigger picture in mind.


well stated. 



Starting Score: May 2013 EQ: 577 TU: 537 EX: 555
Current Score: EQ: 600 TU: 644 EX: ??
Goal Score: ALL 720+

In the Garden Until August 2015 Last App Sept 2014
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