Reply
Regular Contributor
subsnao
Posts: 124
Registered: ‎08-22-2013

Should I garden?

[ Edited ]

I now know what the app itch is... And it is not a good itch.

 

I recently opened a Discover IT ($1k limit) and an AMEX BCE ($2k limit), in addition to PCing my Cap1 Journey to a QS (waiting on an EO decision on my CLI request. $500 limit currently). My scores are below in my sig and all come from apps (the EQ score came from a CLI denial by Cap1 (this is what I called Cap1 about. Seeing fi they will throw me a bone). MMy annual income is just over $7500, and I have a car payment of $250/month. I was thinking of applying for the BoA 123 card, but am also seriously considering gardening for 6 months to a year. AAoA is 1 year 7 months with the longest being 2 years. Currently have student loans, car loan and 3 CCs. No baddies, always paid on time (although not always PIF). My parents are pretty adamant about me stopping the applying for cards, as they do not want me making the same mistakes that they did when they were my age. I have pretty good willpower and am pretty frugal as it is.

 

Any advice?

 

EDIT: Forgot to add in INQ info. I have 3 recent INQs. 1 from Citi when I appd for a card from them and was denied (don't know the bereau). 1 from Discover, TU. 1 from AMEX, EX. 


In the garden as of 4/17/2014
Scores:
TU: 748 (FICO 11/2013) EQ: 719 (FICO 8/2013) EX: 733 (FICO 9/2013)
Age: 21
New Contributor
tinom1234
Posts: 95
Registered: ‎11-15-2008

Re: Should I garden?

If you want to. Other than aaoa, everything looks good. That's not a lot of inqs at all.
EX 758 | EQ 696 | TU 768
Goal: 760+ across the board by September 2014
Gold Delta SkyMiles AMEX $25K | Citi Thank You Preferred $7K | Discover It $5.2K | Chase $3K + a few store cards
New Contributor
cleanitup
Posts: 65
Registered: ‎03-04-2009

Re: Should I garden?

IMO I say garden, and lets these cards grow with you.   Just my 2 cents.  


Starting Score: 581
Current Score: 751 EQ; 743 TU; Goal Score: 800
In the Garden since May 2012

Take the FICO Fitness Challenge
Regular Contributor
subsnao
Posts: 124
Registered: ‎08-22-2013

Re: Should I garden?

Thanks for the input guys! I realize I derped earlier on the INQs, but not a big derp. I have 5 on my report, going to be 6 with the AMEX approval. However, 3 of those are over a year old and no longer impact my score. So not a huge derp, but a derp nonetheless. After doing some more research, I have decided against the BoA 123. Something about all the hate that BoA gets turns me off. Not an insult to those who bank with them. I decided that if I am going to apply again, it will be for Chase Freedom. Having gas be 5% cash back 2 times a year is pretty neat, as gas is a larger portion of my monthly spending. 

Any other advice?


In the garden as of 4/17/2014
Scores:
TU: 748 (FICO 11/2013) EQ: 719 (FICO 8/2013) EX: 733 (FICO 9/2013)
Age: 21
Valued Contributor
FocusedAndDetermined
Posts: 6,185
Registered: ‎01-05-2013

Re: Should I garden?

You are off to a fabulous start.  Gardening for 6 mos. would better your position for approval and a higher CL.  Come join the Garen Club; it's a great and ever expanding group.:smileyhappy:

Valued Contributor
djc1puno
Posts: 1,715
Registered: ‎03-07-2013

Re: Should I garden?

Come join us in the garden :smileyhappy: we have just as much fun as these folks apping :smileywink: heheh


GARDEN GOAL: MARCH 2014
LAST APP: 08/20/2013
---=[NORTHBOUND]=---
Senior Contributor
Irisa
Posts: 3,891
Registered: ‎07-26-2008

Re: Should I garden?


djc1puno wrote:
Come join us in the garden :smileyhappy: we have just as much fun as these folks apping :smileywink: heheh

+1 :smileyhappy:


In the garden since: 3/20/14
Regular Contributor
subsnao
Posts: 124
Registered: ‎08-22-2013

Re: Should I garden?


FocusedAndDetermined wrote:

You are off to a fabulous start.  Gardening for 6 mos. would better your position for approval and a higher CL.  Come join the Garen Club; it's a great and ever expanding group.:smileyhappy:


You twisted my arm. Gardening it is! And in 6 months or so I will app for the Chase Freedom. 


In the garden as of 4/17/2014
Scores:
TU: 748 (FICO 11/2013) EQ: 719 (FICO 8/2013) EX: 733 (FICO 9/2013)
Age: 21
Community Leader
Valued Contributor
myjourney
Posts: 23,641
Registered: ‎02-07-2013

Re: Should I garden?


subsnao wrote:

FocusedAndDetermined wrote:

You are off to a fabulous start.  Gardening for 6 mos. would better your position for approval and a higher CL.  Come join the Garen Club; it's a great and ever expanding group.:smileyhappy:


You twisted my arm. Gardening it is! And in 6 months or so I will app for the Chase Freedom. 


Good choice to garden subsnao

All those gardeners recruited you I see 

"Intelligence plus character--that is the goal of true education"
I will be gardening until a better offer/bonus comes along
Last escape 06/06/13 Bronze 7/6/2013 Silver 9/6/2013 Gold 12/6/2013 Palladium 3/6/14 made it
New Contributor
tinom1234
Posts: 95
Registered: ‎11-15-2008

Re: Should I garden?


subsnao wrote:

FocusedAndDetermined wrote:

You are off to a fabulous start.  Gardening for 6 mos. would better your position for approval and a higher CL.  Come join the Garen Club; it's a great and ever expanding group.:smileyhappy:


You twisted my arm. Gardening it is! And in 6 months or so I will app for the Chase Freedom. 


hehe! I'm gardening as of today...I realllllly want a Chase Sapphire Preferred!

EX 758 | EQ 696 | TU 768
Goal: 760+ across the board by September 2014
Gold Delta SkyMiles AMEX $25K | Citi Thank You Preferred $7K | Discover It $5.2K | Chase $3K + a few store cards

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+