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Established Contributor
Posts: 985
Registered: ‎09-10-2012
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Lowe's...now or later?

I have opened all my accounts within the past two months. I am in the garden and really don't want to app for anything but.......I will need to buy a new riding lawnmower next spring and they always have the 18 month no finance deal going on that I would need to use. So should I apply now and let the card grow between now and then or wait until then to apply? I know the mower will be between 1500-2000.00. I want a good limit so that does not max it out. Take the hit now and let it grow or wait til spring? Suggestions???
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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Registered: ‎04-15-2011
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Re: Lowe's...now or later?

Maybe get it now, use and PIF, then maybe you'll get a CLI and you'll be able to put it on your card at 0% interest!



Starting Score: 504




July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Epic Contributor
Posts: 23,798
Registered: ‎10-23-2007
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Re: Lowe's...now or later?


snowkitty wrote:
I have opened all my accounts within the past two months. I am in the garden and really don't want to app for anything but.......I will need to buy a new riding lawnmower next spring and they always have the 18 month no finance deal going on that I would need to use. So should I apply now and let the card grow between now and then or wait until then to apply? I know the mower will be between 1500-2000.00. I want a good limit so that does not max it out. Take the hit now and let it grow or wait til spring? Suggestions???

I'm usually all for NOW!

But based on all your accounts are less than 60 days old and you have what 3 or 4 GE cards? I would WAIT!! If you use those GE cards a little each month or a lot in one purchase and then payoff in 2 GE is known for nice AUTO CLI at month 3-5 and then from then on you can request every 6 or so through automated... I would let all your new GE cards get the first auto and if you for whatever reason don't see an auto, do the request on the 6th month (ask for a lot!) the system will counter, might even be worth a manual review which is always SP) then wait 1 month for that to update... 2 if you can, then apply for Lowes and the second you apply either let empoyee call in and do manual review for SUPER HIGH (they give 1, ask for 10, they give 5, ask for 20!) or you have phone number with you and call or do at home on computer and call saying you are going in to look at mowers and laundry or what not... they will give higher 

Fico Scores: EQ- 662., TU 684 Barclay, EX 700 (3/21/15)

You will have to put up Electric Fence to keep me in the garden!
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Established Contributor
Posts: 985
Registered: ‎09-10-2012
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Re: Lowe's...now or later?

I have 4 GE cards and I just called and got cli on 2 of them last weekend. Will that mess me up eith an auto increase? Also, 4 of the cards I have are not even showing up on my credit report yet (non ge cards).
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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Regular Contributor
Posts: 214
Registered: ‎08-02-2012
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Re: Lowe's...now or later?

I would wait until closer to spring or at least the holidays! Lowes denied me after I had approvals from Walmart, USAA for some really super nice lines. They use their own internal scoring system and are not as liberal as some of the other GE cards.

started mid 500's. Disputed incorrect items and within a month or two my scores have skyrocketed and continue to do so
EQ: 755 as of 8/2013
TU: 700
Experian(or as I call them, the devil) I have no clue, they haven't released my report
Goal=801 across the board!!! Not too far from this, hoping to garden until Christmas 2013
Established Contributor
Posts: 634
Registered: ‎07-07-2011
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Re: Lowe's...now or later?

WAIT. Lowes always has interest free offers. Surley they will by Spring. Your applying for way too much.
Current Scores: EX - 728 FICO (5/11/13) TU - 771 FICO (7/02/13) EQ ??

Current Cards: Chase Freedom $5,000, CSP $5,700, BofA Visa Signature $15,000, AMEX BCE $6,000, Walmart $4,150, Gap Visa $10,000, JC Penny $5,800, Lowes $8,500, Dillard's AMEX $8,000, AMEX Hilton HHonors - $2,000, Chase United $12,000, Citi AAdvantage & Simplicity $6,000/$6,000, SPG AMEX $1,000
Established Contributor
Posts: 985
Registered: ‎09-10-2012
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Re: Lowe's...now or later?

I'm definitely going to wait....I didn't really want to open it now....just wasn't sure if I should be taking all the hits at once and curious if it would grow more by then or if they would give me more then. I will just aim high for a limit when the time comes as was suggested here. Thanks for yall's input :smileyhappy:
TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

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