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Established Contributor
amercnchopz34
Posts: 839
Registered: ‎10-28-2011

Not sure what to do ..Best Buy

[ Edited ]

I have a plan B Best Buy card.....just applied cause rep told me i can get 2 store cards.....I was trying for a non plan B card thinking my credit had improved enough to qualify......well it said .....APPROVED ......for another plan B card ....ouch .....what should I do ...Close it  ???         both cards have 750 cl.....no CLI with this type of card...


Established Contributor
amercnchopz34
Posts: 839
Registered: ‎10-28-2011

Re: Not sure what to do ..Best Buy

anyone???


Established Contributor
lithium78
Posts: 929
Registered: ‎07-30-2011

Re: Not sure what to do ..Best Buy

Well, you've already taken the hard pull for it now, so the damage is done.  Does it have an AF?  If so, I'd close it without activating it.  If no AF, open it and put it in your sock drawer.

 


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Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: Not sure what to do ..Best Buy

With a 700+ Fico you got a $750 limit card? geez just find a way into Navy Federal imo =)


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Established Contributor
amercnchopz34
Posts: 839
Registered: ‎10-28-2011

Re: Not sure what to do ..Best Buy

just curious though......Do you think I can speak to executive office about it and try and get the accounts mrgered together now that Im the proud owner of 2 plan B accounts??


Established Contributor
amercnchopz34
Posts: 839
Registered: ‎10-28-2011

Re: Not sure what to do ..Best Buy


distantarray wrote:

With a 700+ Fico you got a $750 limit card? geez just find a way into Navy Federal imo =)


yeah i know........I wish I could.......but just not sure if I should take the hit  and close them both down ,then in 6 months try again...have 6 inq on EQ that 4 will age to 1 yr in April.....or should I just let evrything simmer down


Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: Not sure what to do ..Best Buy

no point in closing now if you can sock it 


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Frequent Contributor
Mike360
Posts: 433
Registered: ‎03-19-2010

Re: Not sure what to do ..Best Buy

There must be something on your report they don't like for you to keep getting approved for the Plan B card. Do you have prior collections or high util?

 

I had no problem getting approved for the reg. store card last black friday and my EQ score was like 720-730 at the time.

~~In my wallet: Best Buy $7500, Dell Preferred $5500, Discover IT $4000, Chase Freedom $3500, Barclays NFL Extra Points $3300, Sears $2800, Bill Me Later $2100, CapOne Platinum $2000, Kohls $1500, Target $200
Established Contributor
amercnchopz34
Posts: 839
Registered: ‎10-28-2011

Re: Not sure what to do ..Best Buy

[ Edited ]

Mike360 wrote:

There must be something on your report they don't like for you to keep getting approved for the Plan B card. Do you have prior collections or high util?

 

I had no problem getting approved for the reg. store card last black friday and my EQ score was like 720-730 at the time.


This is the message I got.......I have a BK from 2005 with no baddies ,collections at all....AAoA per EX plus is 4 yrs...have 6 inquires 4 that will turn a year in April...

 

At 19% utlility....right this second

 

Your credit score
00267
Source: Equifax Credit Info Svcs
Date: 10/28/12
 
What you should know about credit scores

Your credit score is a number that reflects the information in your credit report. We used your credit score to set the terms of credit we are offering you.

Your credit score can change, depending on how your credit history changes.

 
The range of scores

Scores from a low of 125 to a high of 298.

 
Key factors that adversely affected your credit score
TOO MANY RECENT INQUIRIES
LIMITED AGE OF CREDIT
LIMITED SATISFACTORY CREDIT HISTORY
USE OF CREDIT

 
At

 

 

 

 


Established Contributor
amercnchopz34
Posts: 839
Registered: ‎10-28-2011

Re: Not sure what to do ..Best Buy

any other advice?????    keep open or Close theses accounts.....I dont want the prime CC companies to see  2 BB plan B cards at 750 CL a piece and get frightened??



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