Sallie Mae Barclaycard

bigblue7722 · ‎04-08-2014

I know the sallie mae card is backed by barclaycard, my question is does sallie mae have anything to do with my approval odds or it is it all done by barclaycard? Reason being my only ned thing on my account is a bad sallie mae student loan.... As much as a i hate sallie mae i would really like to have the card.

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

Kenny · ‎04-08-2014

Sallie Mae has nothing to do with the underwriting.

It's Barclays who will approve or deny you.

Take the myFICO Fitness Challenge

bigblue7722 · ‎04-08-2014

@KennyRS wrote:
Sallie Mae has nothing to do with the underwriting.

It's Barclays who will approve or deny you.

Thank you thats what i though. I wonder what the avg approval is?

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

striehl8212 · ‎04-08-2014

@bigblue7722 wrote:
@KennyRS wrote:
Sallie Mae has nothing to do with the underwriting.

It's Barclays who will approve or deny you.
Thank you thats what i though. I wonder what the avg approval is?

I had a TU of ~730 when I apped and got $5,500 with the best APR terms, if that helps

March 2014: EX 693 I EQ 672 I TU 694
September 2014: EX 721 I EQ 741 I TU 742

mnosal9 · ‎04-09-2014

I got approved with a 2.5k limit and a TU of 681. I have plenty of inquiries and still got approved. I did have a barclay card for 6 months though. I have 5 90 day lates from sallie mae from dec 2011.

Starting: 6/2012 : EX: 485(FAKO) EQ: 490(FICO) Trans: 482(FAKO)
Current : 4/2014: EX: 650(FICO) EQ: 664 (FICO) Trans: 681 (FICO)

Cards: NPSL Amex Green (AU), $11500 Discover IT, $4000 Quicksilver One, $3500 Bank of America Travel Rewards,$3000 Amex BCE,$3000 Quicksilver One, $3000 AA, $2500 Sallie Mae MC, $5000 Citibank AA, $1500 Barclay, $1200 Macys
~Back to the Garden~

Goal Score: 700 Across!

Gardening til 8/2014!!

NoAnchoviesPlease · ‎04-09-2014

@mnosal9 wrote:
I got approved with a 2.5k limit and a TU of 681. I have plenty of inquiries and still got approved. I did have a barclay card for 6 months though. I have 5 90 day lates from sallie mae from dec 2011.

This gives me hope... I have no 90s but I do have 30/60s out there. Should bite the bullet and get my real FICO scores. The ones I've seen in AA notices were from Feb before I chopped util.

12/29/2015 669/696/706
01/10/2016 698/711/730 but still to and fro a bit

Climbing to 700 and beyond. It's too cold for gardening.

bigblue7722 · ‎04-10-2014

Thank you guys for the info. My TU score is 680 according to discover. I am actually gonna go with the new sams mastercard when it comes out. 5% back on gas with a lot larger cap. Also, 3% back on resturants I think i would get much more use with that card.

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

mongstradamus · ‎04-10-2014

I was just wondering about this card ,how inq sensitive is Barclay's. When I plan on apping I will have 3 inq. Are do they also not like when you have just opened some cc. I opened some last sept.

EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16

Themanwhocan · ‎04-10-2014

@mongstradamus wrote:
I was just wondering about this card ,how inq sensitive is Barclay's. When I plan on apping I will have 3 inq. Are do they also not like when you have just opened some cc. I opened some last sept.

They don't like it if you have very recently opened several accounts, like in an app spree. In that case they will give you a low starting limit.

When I applied for my second Sallie Mae card, I had only one new card in the past 6 months, and that one was about 4.5 months old. This time, I got a $10,000 limit.

TU-8: 804 EX-8: 805 EQ-8: 788 EX-98: 767 EQ-04: 752
TU-9 Bankcard: 837 EQ-9: 823 EX-9 Bankcard: 837
Total $443,800

eagle2013 · ‎04-10-2014

@mongstradamus wrote:
I was just wondering about this card ,how inq sensitive is Barclay's. When I plan on apping I will have 3 inq. Are do they also not like when you have just opened some cc. I opened some last sept.

It's really hard to say. Generally, yes, Barlcays is known to be new account and inq sensitive in approvals.

However, when I apped today I had a new TL (Citi) reporting with ~36% util along with 2 inqs < 1 month old, and 8 total in the past year on TU and I was approved, although not with the best APR terms. My TU Fico hovers around 700 (721 last Discover statement, but I am sure it went down). As with anything, YMMV.