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Established Contributor
Posts: 985
Registered: ‎09-10-2012
0

Hypothetical Question...

If you went to a place like dell for a computer or best buy for appliances and what you needed costs say...1600.00. If you needed to apply for that stores credit card and took the hard pull but they came back and could only give you 800.00 credit could you tell them nevermind and to not open the credit account? I know the hp would be on your credit but would a card show up as open and closed in the same day?
TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

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Valued Contributor
Posts: 1,228
Registered: ‎05-10-2012
0

Re: Hypothetical Question...

Just assume it will show up as an opened account.  There's a chance you can close before it reports and it won't show up, but there's just as good a chance it will no matter what.  It probably also differs CCC to CCC

  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
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Valued Contributor
Posts: 1,987
Registered: ‎06-25-2012
0

Re: Hypothetical Question...

That happened to me with bestbuy. I wanted to buy a 2k laptop but was only approved for 400 lol.
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Valued Contributor
Posts: 1,228
Registered: ‎05-10-2012
0

Re: Hypothetical Question...

I shudder when I think about how a couple years ago I would have just maxed the credit they offered, then paid the balance in cash.  SO DUMB.

  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
Chase Freedom $9500
DCU Visa $10000
Capital One QS $2000
AMEX BCE $3000
Lowe's CC $8500
WalMart CC $3100
BOA Platinum $600
AMEX Gold NPSL
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Valued Contributor
Posts: 1,738
Registered: ‎08-13-2012
0

Re: Hypothetical Question...

Same thing happen with my secured wellsfago Cc. Get them off next month by calling credit bureau.


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


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