Credit Cards Center Credit cards from our partners
Reply
Established Contributor
Posts: 839
Registered: ‎10-28-2011
0

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
Posts: 839
Registered: ‎10-28-2011
0

Re: Not sure what to do ..Best Buy

anyone???


Established Contributor
Posts: 930
Registered: ‎07-30-2011
0

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.

 


Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

Take the FICO Fitness Challenge
Established Contributor
Posts: 2,112
Registered: ‎09-25-2011
0

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
Posts: 839
Registered: ‎10-28-2011
0

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
Posts: 839
Registered: ‎10-28-2011
0

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
Posts: 2,112
Registered: ‎09-25-2011
0

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
Posts: 442
Registered: ‎03-19-2010
0

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.

Established Contributor
Posts: 839
Registered: ‎10-28-2011
0

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
Posts: 839
Registered: ‎10-28-2011
0

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??


Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

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 internal myFICO analysis of 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. These ranges were not provided by any card issuer.

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.