Reply
New Contributor
pinoyscorpion951
Posts: 60
Registered: ‎09-03-2012
0

Lowe's CC Post BK7 Success.

This is just information for anyone thinking about applying for a Lowe's Card after Chapter 7. Here's my situation: Filed for BK7 5/2011, Discharged 9/2011. Numerous new accounts applied for post BK. 30 INQUIRIES on Transunion. Yes 30!!! Most of these thanks to Navy Federal Credit Union. Income 90,000 yearly individual. Transunion score 678 (Walmart TU8 FICO), utilization 10 percent. Scoured these forums, along with whogavemecredit, and credit pulls database for approval references. Didnt see any anecdotal evidence of anyone able to get this card less than 2 years post BK7. But....my washer and dryer both decided to die on me at the same time. I got tired of going to the laundromat every few days and was mad as hell that I burned half my day there on my day off from work so I went to Lowe's and applied for a Lowe's card.........I know, bad idea right? Wrong!!!! Approved for $1200 in store, I told the sales associate jokingly, oh that's it huh? She tells me, I can call and see if they can approve you for more so I tell her ok  what the hell, I'm already approved, see if they will double it. APPROVED for $2400!!!!!!! So, I go home and tell my wife that we can buy a new washer and dryer and take advantage of the 6 month no interest financing and she tells me "Oh, nevermind, I had my friends husband who's a handyman fix both for $200. WTH???!!! So, for all of you thinking about applying for this card less than 2 years out of BK7 discharge....I CAN TELL YOU FOR A FACT IT IS POSSIBLE!!!! Thank you GE and thank you LOWE'S....oh, and thank you handyman also. LOL!!!

Valued Member
flyingace
Posts: 313
Registered: ‎04-25-2013
0

Re: Lowe's CC Post BK7 Success.

CONGRATS on your accomplishment. 

In my Snoopy holder: NFCU Flagship Sig Visa-- $11K | Chase Freedom -- $2500 | AMEX BCE -- $2000 | Amazon Visa -- $2000 | Discover It $1500| Old Navy Visa -- $1000 | Target Red Card -- $300

TU (Disc Pull 4/29/13) -- 752 | AmexEQ (6/13/13) -- 728 | AmexEXP-- 737 | AmexTU-- 737 (5/28/13)
Goals: 740 EQ/EXP/TU
Gardening until 12/3/13 -- or longer
Moderator
09Lexie
Posts: 25,337
Registered: ‎09-13-2012
0

Re: Lowe's CC Post BK7 Success.

Valued Contributor
asphaltcowboy
Posts: 1,124
Registered: ‎02-03-2013
0

Re: Lowe's CC Post BK7 Success.

Congrat and best of luck on your rebuild journey!!!



Starting Score TU 667 EQ 663 EX 655
Current Score TU 721 EQ 719 EX 717 Last Update 8/2014
Garden Club 04/10/2013 (Goal 2015 or Longer)




Valued Contributor
MsLadyRover
Posts: 2,816
Registered: ‎03-14-2012
0

Re: Lowe's CC Post BK7 Success.

LOL! Congratulations!



Starting Score: 639 (Walmart TU)
Current Score: TU 715 (Barclay) EX 685 (myFICO) EQ 697 (myFICO)
Goal Score: 700 Across the Board (Mortgage Goal Achieved 1/31/2012!)

Take the FICO Fitness Challenge
Established Contributor
VirtualCuriosity
Posts: 677
Registered: ‎09-10-2010
0

Re: Lowe's CC Post BK7 Success.

The moral of the story...Don't ever let your wife's husband, who is a handyman, show you up!  J/K, Congrats on a nice CL and immediate CLI post BK.  NICE!!!


TU98 700, TU08 700, EQ 733, EX 706 (As of 8/2014) - Personal Goal = 760+

Gardening since 8-1-14












Regular Contributor
Siopao
Posts: 125
Registered: ‎03-09-2013
0

Re: Lowe's CC Post BK7 Success.

Congrats Pare!

 

Wow, NFCU hit your TU that many times?  They only hit my TU when I opened my account.  Everything else was EQ.

Starting Score: 660 (BK discharged 2/2012)
Current Score: 684 - EQ | 679 - EX (Lender pull)
Goal Score: 720+

Wallet: NFCU Flagship Signature 14k | NFCU cashRewards 1K | NavCheck 15k | Barclays US Air 2.1k | Merrick 1.4k | Credit One 550 | Cap One 750 | Last app 5.5.2013
Take the myFICO Fitness Challenge
New Contributor
pinoyscorpion951
Posts: 60
Registered: ‎09-03-2012
0

Re: Lowe's CC Post BK7 Success.


Siopao wrote:

Congrats Pare!

 

Wow, NFCU hit your TU that many times?  They only hit my TU when I opened my account.  Everything else was EQ.


Yes Pare,

 

On almost everything from my Cash Rewards, to nRewards, to Navcheck, to Auto Loan and CLI and then recon's when I get denied they hit Transunion. I keep hearing everyone saying they use equifax exclusively for credit products but when I look at my report, they are pulling mostly Transunion. On the bright side, my cash rewards they converted to Signature Cash Rewards when they upped my limit to 22,500 and I converted the nRewards to the Flagship Visa and they upped me to 22,500 also. I aso got Navcheck from them 2 months ago with 5,000 to start and asked for 15,000 last week and approved. So all in all, I have to say it was well worth the hits. 

Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,463
Registered: ‎10-02-2012
0

Re: Lowe's CC Post BK7 Success.

Hahha this post has character. 

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Lowe's CC Post BK7 Success.

CONGRATS!!!!

 

Get that washer/dryer and kick that handyman out!!!!




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+