Reply
Member
Posts: 7
Registered: ‎07-25-2009
0

Mini App Spree

After a year of rebuilding I decided it was time to make some changes to my revolving credit profile. 

Background:

Oct 2009 – FICO’s mid to high 500’s

Oct 2010 – FICO’s 700 +/- 10 pts

Still a 3-5 bads reporting on depending which CRA but all over 2 yrs old.  No new account in 12 months.  2 inq's in past 12 mos.  Income is low 6 figure.

CC’s pre-app spree:

HSBC - $300 CL

AMEX Oasis Optima - $500 CL

Cap One (AU) - $750 CL

 

My goals were to get a B&N card just to attach to my Nook e-reader, a rewards card of some sort, and a CU card.  I hoped to get some decent CL’s in the process but wasn’t holding my breath for it.  Also, Amex wasn’t allowing me to app during my spree for a different product due to the “Active Recovery Product” issue.  In the process I closed my Optima (it’s only 1 yr old) since I’d like to get a different product in the future with Amex and I’ll ask for a backdate at that time.

So my app results ended up being:

 

B&N/Barclays – Approved $750 CL

Citiforward – Declined (paid/unpaid collection); recon declined (credit privileges on existing accounts are restricted) Still haven’t figured that one out

Discover More – Approved $1500 CL

PSECU – Approved $20k PSL/Visa Combo (Yay!)

 

I also opened Penfed membership just to start building relationship.  I’m not quite ready to app for credit with them yet. 

Now all bureau’s are back on ice.  Time to get rid of AF cards and garden.  Thanks to the community for all the insights!

Moderator Emerita
Posts: 3,091
Registered: ‎08-09-2008
0

Re: Mini App Spree

Congrats on the new approvals! Smiley Happy


woadytx wrote:

 

Citiforward – Declined (paid/unpaid collection); recon declined (credit privileges on existing accounts are restricted) Still haven’t figured that one out


That's just strange enough that I think I'd dig into this a little more. Did you previously have a Citi card, or are you/were you an authorized user on a Citi card?

-------------------------------------------


Friendly, Supportive & Respectful


Understanding Your FICO Score  |  Credit Scoring 101  |  Common Abbreviations  |  FTC: FCRA Links  |  FTC: FDCPA Links  |  Opt-Out  |  State Resources


"However gradual may be the growth of confidence, that of credit requires still more time to arrive at maturity” ~ Benjamin Disraeli

Highlighted
Senior Contributor
Posts: 3,702
Registered: ‎01-10-2008
0

Re: Mini App Spree

Congrats!  Sounds like a reference to the Optima (existing account not necessarily a citi acct.)

 

Never heard of a denial letter citing an Optima but it is technically a restricted account.

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
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 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.

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.