03-01-2010 01:38 PM
Don't worry about the F for total accounts from Credit Karma. That's number 1. Multiple applications for credit cards these days is a recipe for disaster. If you were to charge all your household bills for the month on your credit cards would that eat up 10% of your available credit? Sub 700 scores and multiple applications these days might get you inquiries that fall off simultaneously but they will all be declined. Go easy.
Thanks for the advise!
I get what you're saying about the inq's as that is what I was worried about, but I decided to bite the bullet and take my chances. I applied for the Discover online and was APPROVED! However I didn't recieve any information as to what the CL is, but a follow up e-mail from Discover stated that it would take up to 30 days to process my application. I'm not sure what that's all about, but hopfully it's an e-mail that goes out with every app regardless of approval or not.
Regardless, I'm done applying for the near futures and hopfully I can join the 700 club later this year!
03-01-2010 01:43 PM
is Discover more overall a better card than Chase Freedom?
Howhow, see if this helps
03-01-2010 02:34 PM
03-01-2010 02:39 PM
thanks larry for the link. It looks like a comparison between the old chase and discover road car...maybe i'll start a new thread to find out how people think about discover more vs the new chase freedom.
Sounds like a great idea. I'll look forward to seeing that!
03-01-2010 02:40 PM
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.