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Frequent Contributor
cadavis0609
Posts: 435
Registered: ‎06-17-2007
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Must....resist...urge..

[ Edited ]
to apply. I was looking over WGMC, and my scores are starting to look similar to those who have been approved for Hooters, GEMB but I have like 30 inquiries on equifax with the most recent one being in july of this year, so I'm trying very hard not to apply for anything for at least a year. Someone please tell me you've been denied for Hooters or others with EQ's around 560.


Message Edited by cadavis0609 on 09-27-2008 05:16 PM
Sept 07 EQ 419

April 2012 EQ- 669 EXP- 680 TU-700= Proud New Homeowner!
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mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
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Re: Must....resist...urge..

[ Edited ]
With 30 inquiries and a 560 score if your apply it will likely be a denial you need to chill for 2 years an wait for those inquiries to fall off. your inquires will continue to ad up with no new accounts not good.


Message Edited by mjbfan79 on 09-27-2008 05:20 PM

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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BabyBlue
Posts: 65
Registered: ‎09-04-2008
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Re: Must....resist...urge..

[ Edited ]
I am not going to tell you that I have been denied, as I would lie. But, I will ask you to please think twice before applying... WAIT - time heals all wounds, even the credit ones!
 
30 inq - that's a lot. Give yourself a break. They will fall off very soon, you will see. And then, who knows, you may even get a better line than you think.


Message Edited by BabyBlue on 09-27-2008 05:20 PM
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mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
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Re: Must....resist...urge..

[ Edited ]
To ad to this i have as many inquires as you do on my TU & EX report an my TU score is 727 an my EX score is 655 an i have been denied for allot of cards for to many inquiries so you be the judge.


Message Edited by mjbfan79 on 09-27-2008 05:25 PM

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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Creditaddict
Posts: 19,573
Registered: ‎10-23-2007
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Re: Must....resist...urge..

hooters pull TU.
but i don't think gemb will aprrove a 560, and they really don't like a lot of inq.
Fico Scores: EQ 657 Cabelas, TU 662 Walmart, EX 699 Wells (07-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
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Over 40 Cards in between :smileytongue:
Frequent Contributor
cadavis0609
Posts: 435
Registered: ‎06-17-2007
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Re: Must....resist...urge..

[ Edited ]
I like it, exactly what I needed to hear. I will add however, that like 7 will fall off before the end of the year and probably 15 of them are within a 2 week window, applying for an auto loan. Actually, that was from 3 dealerships. This irritated me alot because I didn't give them permission to send my loan out to all those outside companies.


Message Edited by cadavis0609 on 09-27-2008 05:44 PM
Sept 07 EQ 419

April 2012 EQ- 669 EXP- 680 TU-700= Proud New Homeowner!
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haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007

Re: Must....resist...urge..

Have you got a plan? Have you figured out where you want to be in six months, a year, two years? Have you played with the sims on EQ and TU to see where you might be in terms of scores at those points?

If you genuinely need something like a Hooters card to get you over some sort of hump, fine; but in the long run, you'll probably do better to hunker down and get to where you can qualify for a BofA secured card or a local CU card.

It's fine to app if you know that you have a good chance of getting a certain card, and that this card will fit a specific need. But there is no point in slowing down your overall progress by impulse apps, resetting the clock each time.

Did that help any? :smileyhappy:
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
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Re: Must....resist...urge..

[ Edited ]


haulingthescoreup wrote:
Have you got a plan? Have you figured out where you want to be in six months, a year, two years? Have you played with the sims on EQ and TU to see where you might be in terms of scores at those points?

If you genuinely need something like a Hooters card to get you over some sort of hump, fine; but in the long run, you'll probably do better to hunker down and get to where you can qualify for a BofA secured card or a local CU card.

It's fine to app if you know that you have a good chance of getting a certain card, and that this card will fit a specific need. But there is no point in slowing down your overall progress by impulse apps, resetting the clock each time.

Did that help any? :smileyhappy:


So true an most banks from my experience don't like allot of new accounts an inquires.


Message Edited by mjbfan79 on 09-27-2008 06:45 PM

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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TangMeister
Posts: 456
Registered: ‎07-09-2008
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Re: Must....resist...urge..



haulingthescoreup wrote:
Have you got a plan? Have you figured out where you want to be in six months, a year, two years? Have you played with the sims on EQ and TU to see where you might be in terms of scores at those points?

If you genuinely need something like a Hooters card to get you over some sort of hump, fine; but in the long run, you'll probably do better to hunker down and get to where you can qualify for a BofA secured card or a local CU card.

It's fine to app if you know that you have a good chance of getting a certain card, and that this card will fit a specific need. But there is no point in slowing down your overall progress by impulse apps, resetting the clock each time.

Did that help any? :smileyhappy:




+1 HTSU...sometimes you are just TOO close to making perfect sense for comfort! :smileyvery-happy:
Frequent Contributor
cadavis0609
Posts: 435
Registered: ‎06-17-2007
0

Re: Must....resist...urge..

[ Edited ]
_________________________________________________________________________________
Have you got a plan? Have you figured out where you want to be in six months, a year, two years? Have you played with the sims on EQ and TU to see where you might be in terms of scores at those points?

If you genuinely need something like a Hooters card to get you over some sort of hump, fine; but in the long run, you'll probably do better to hunker down and get to where you can qualify for a BofA secured card or a local CU card.

It's fine to app if you know that you have a good chance of getting a certain card, and that this card will fit a specific need. But there is no point in slowing down your overall progress by impulse apps, resetting the clock each time.

Did that help any?
__________________________________________________________________________________
 
 
Right now I've got:
 
Imagine 610 CL Ridiculous interest rate and fees
Credit One 350 CL Ridiculous interest Rate and fees
 
I'm planning on nixing  both of them ASAP
 
Orchard 300 CL
Bank of America Platinum Plus Unsecured 500 Limit (Waiting on them to increase the limit at the six month mark.
 
I'm trying to let stuff age but I'm going to lose average age when I close the imagine and credit one down the line and the limits, So I am going to need something to replace them.
 
 
Edit: BTW, I'm not trying to justify a reason to apply for them, the urge has passed now


Message Edited by cadavis0609 on 09-27-2008 08:20 PM
Sept 07 EQ 419

April 2012 EQ- 669 EXP- 680 TU-700= Proud New Homeowner!

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