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Established Contributor
MountainHiker
Posts: 643
Registered: ‎08-07-2012

New Pre-approved Credit One

Who are they? Is this one of those subprime companies? Warming up the shredder!

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Valued Contributor
jsucool76
Posts: 2,649
Registered: ‎12-11-2011

Re: New Pre-approved Credit One


MountainHiker wrote:

Who are they? Is this one of those subprime companies? Warming up the shredder!


Yes it is...and that is exactly what I would do as well. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart: 1300CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
New Contributor
jpparker07
Posts: 59
Registered: ‎11-15-2012

Re: New Pre-approved Credit One

Yes they are subprime. The annual fee is probably ridiculously high.

Cards: AMEX BCE (2k), AMEX Zync (NPSL), AMEX Green (NPSL), Chase Freedom (1K), Discover It (1k), SECU (2K), CapOne (750), CapOne Cash Rewards (750)

Current Scores- Experian- 690, Equifax- 676, Transunion-662

Goal- 720 Across the Board
Established Contributor
MountainHiker
Posts: 643
Registered: ‎08-07-2012

Re: New Pre-approved Credit One

I had a feeling. so funny I keep getting these kind of offers.I see how people can get trapped by companies like them. They are relentless.

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Moderator
Shogun
Posts: 7,372
Registered: ‎04-15-2011

Re: New Pre-approved Credit One

With your posted scores, you don't need them.  Feed the shredder!


Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge
Established Contributor
visorboy1974
Posts: 961
Registered: ‎05-17-2010

Re: New Pre-approved Credit One

Subprime with something like a $75-$100 AF.  Avoid!


Starting Score: 600
Current Score:: 687EQ, 698EX, 721TU
Goal Score: 760


Take the myFICO Fitness Challenge
Established Contributor
MountainHiker
Posts: 643
Registered: ‎08-07-2012

Re: New Pre-approved Credit One

Who knew my shredder would turn out to be such a good investment.


Shogun wrote:

With your posted scores, you don't need them.  Feed the shredder!


 

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
New Contributor
GreatCreditFor2012
Posts: 90
Registered: ‎02-26-2012

Re: New Pre-approved Credit One

LoL its like an insult when they send you these offers knowing your scores are in the High 600s on up... Ugh!!



Contributor
SpiceIslander
Posts: 254
Registered: ‎02-01-2010

Re: New Pre-approved Credit One

Sub-subprime!:smileyvery-happy: Shredder may even refuse it!

Meg.


FICO: EQ 756 / TU 721 - 04/01/13 / EX 744 - 08/24/12 (AmEx)
FAKO: CK 731 - 04/01/13 / Quizzle 744 - 04/01/13
Valued Contributor
Rhaeny
Posts: 1,109
Registered: ‎07-24-2011

Re: New Pre-approved Credit One

Yea....I wouldn't get them with your scores.  At the time I got them I was in the beginning rebuilding stages.  AF was like $75 bucks and I don't know what the interest rate is...don't really care as I PIF.  When renewal times comes up I will be closing them out.

 


Starting Scores: EX 722 (USAA), TU 637 (Walmart), EQ 706 (myFico)
April Scores: EX 722 (USAA), TU 669 (Walmart), EQ 705 (DCU)
Goal Scores: 750 across the board
Emergency gardening mode~~Last app: 4/8/2013

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