Credit Cards Center Credit cards from our partners
Reply
Valued Contributor
Posts: 1,517
Registered: ‎09-14-2012
0

Re: I'm at Kohl's, should I apply? Update: Approved...Finally!!


pinoyscorpion951 wrote:

sccredit wrote:

I am surprised by the initial CLs some people are getting.  My wife applied for the Kohls charge the same day she applied for the Chase Southwest RR Signature card.  Results were Chase $10,500, Kohls $400. 

 

Congrats everyone.  Doesn't seem to be a rhyme or reason.


Did DW apply in store?


Online

Never take credit personally

NFCU cashRewards $25,000; BofA Business Cash Rewards $20,000; Amex Business Platinum; Chase Sapphire Preferred $24,200; Chase Marriott $20,000; Discover It $18,600; Citi DC $25,000; Capital One Venture $15,000; Penfed Platinum Sig $5,000; Barclay Arrival Plus WEMC $15,000; Barclays Hawaiian Air Biz $20,000; US Bank PLOC Overdraft $1,500; PenFed PLOC $20,000

Mega Contributor
Posts: 15,453
Registered: ‎04-09-2011
0

Re: I'm at Kohl's, should I apply? Update: Approved...Finally!!

So did Cap1 hit yo uwith 3 HP's for this cards??

 

CONGRATS by the way!!




EQ FICO 548 3/3/16
New Contributor
Posts: 61
Registered: ‎09-03-2012
0

Re: I'm at Kohl's, should I apply? Update: Approved...Finally!!

[ Edited ]

sccredit wrote:

pinoyscorpion951 wrote:

sccredit wrote:

I am surprised by the initial CLs some people are getting.  My wife applied for the Kohls charge the same day she applied for the Chase Southwest RR Signature card.  Results were Chase $10,500, Kohls $400. 

 

Congrats everyone.  Doesn't seem to be a rhyme or reason.


Did DW apply in store?


Online


It appears that my suspicions have some basis of fact. Applying in store as opposed to online yields better results for not only approval but initial credit limits as well. That's why I've changed my approach when it comes to applying for store credit. I compared my results with two databases: whogavemecredit.com and the credit pulls database on creditboards and in store approvals resulted in higher initial credit limits. Given your wife's recent approval for the Chase Southwest Card, I would think she would get approved for at least 300-400 more than I did. In my case, I was already aware that Capital One was not giving any CLI's any time soon for this account as previous posters have mentioned so I was hoping to maximize everything by applying in store. I'm satisfied that my gamble worked out. Hopefully Capital One fixes their system so your wife can get an increase. I realize there are many variables that influence credit approval and starting limits but I always play the percentages. Congrats on your wife getting approved for both. The Chase limit is AWESOME!!!

New Contributor
Posts: 61
Registered: ‎09-03-2012
0

Re: I'm at Kohl's, should I apply? Update: Approved...Finally!!

[ Edited ]

LS2982 wrote:

So did Cap1 hit yo uwith 3 HP's for this cards??

 

CONGRATS by the way!!


For this account, Kohl's/Capital one only pulls Experian. I confirmed the hard pull today. I went to the creditboards database and whogavemecredit.com and researched which CRA they pull from and the sample size of the people who were approved along with their scores and credit histories prior to approval. Once I determined that I had similar or better scores, income and credit histories as the people who stated that they were approved, I went ahead and waited for the right time. In this case, I waited for a big sale hoping that Kohl's would ease their underwriting requirements during the sale period to allow people who are borderline to take advantage of their promos. I then applied in store knowing from the data that I researched that in store app's yielded better approval odds and higher credit limits. In my particular case it far exceeded my expectations. I would have been happy with a $400 dollar limit. I stand behind this technique and plan to use it again after more inquiries drop off my reports and my AAoA seasons for about year or two. 

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.