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Established Contributor
MountainHiker
Posts: 651
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: 2,770
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 Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
New Contributor
jpparker07
Posts: 67
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), Barclay Arrival Mastercard (4.3K), Chase Freedom (1K), Discover It (1.3k), SECU (2K), CapOne Quicksilver (750)

Current Scores- Experian- 695, Equifax- 689, Transunion-680

Goal- 720 Across the Board
Established Contributor
MountainHiker
Posts: 651
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: 12,884
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

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

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!
Valued Contributor
visorboy1974
Posts: 1,129
Registered: ‎05-17-2010

Re: New Pre-approved Credit One

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

Established Contributor
MountainHiker
Posts: 651
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
Contributor
GreatCreditFor2012
Posts: 95
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: 326
Registered: ‎02-01-2010

Re: New Pre-approved Credit One

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

Meg.

FICO: 04/2014 - TU 765 | EQ ??? | EX 768

Amex BCP 12900 | Lowes 10,000 | LOC 9300 | Sallie Mae/Barclays World MC 9000 | FNBO 8900 | BOA Platinum+ 6000 | Citi Simplicity 5200 | Chase CSP 5000 | Achieva CU 4000 | Discover 4000 | Sam's Club 3000 | Sears 900
Valued Contributor
Rhaeny
Posts: 1,507
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.

 


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014

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