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Contributor
irving_magik
Posts: 167
Registered: ‎07-13-2011
0

Should I go on a spree?? Or maybe just one more....

Hi Everyone,

 

I'd like to start by thanking everybody on here, everyone has been so helpful and I won't be were I am credit wise without your help.

 

 

So the itch was too much to resist this morning and I app'd for BCP and was approved with a 5K limit.... that made me so happy.....

 

 

The original plan was to wait about another month, but since I just got approved do you think I have a good chance at getting another card, something like the Freedom?

Fico Scores: TU 734 (08/12/2012) and EQ 716 (12/08/2012)

AMEX BCP $10,000 (opened 09/2012) - Citi TYP $6500 (opened 12/2012) Chase Freedom $1500 (opened 09/2012)

GMAC Mortgage $181,000 (opened 07/2011) - Car Loan $18,000 (opended 01/2011)
Established Contributor
jamie123
Posts: 902
Registered: ‎03-22-2012
0

Re: Should I go on a spree?? Or maybe just one more....

STOP!

 

Wait until the AMEX reports the 5K CL otherwise you might not get good CL from the other lenders. After the AMEX is a couple of months old you could go on an app spree and get most anything you want.



Starting Score: EQ 658 6/18/12
Current Score: EQ 697 10/26/14 - EX 687 7/21/14 - TU 682 7/21/14
Goal Score: EQ 720+
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Contributor
irving_magik
Posts: 167
Registered: ‎07-13-2011
0

Re: Should I go on a spree?? Or maybe just one more....


jamie123 wrote:

STOP!

 

Wait until the AMEX reports the 5K CL otherwise you might not get good CL from the other lenders. After the AMEX is a couple of months old you could go on an app spree and get most anything you want.


Thank you, that's solid advice, plus I hope to be at 15k in 61days, we'll see.......

 

The itch is still there though, something is telling me that I may be able to get one more good prime card...... grrrrr.... sorry

Fico Scores: TU 734 (08/12/2012) and EQ 716 (12/08/2012)

AMEX BCP $10,000 (opened 09/2012) - Citi TYP $6500 (opened 12/2012) Chase Freedom $1500 (opened 09/2012)

GMAC Mortgage $181,000 (opened 07/2011) - Car Loan $18,000 (opended 01/2011)
Established Contributor
flowfaster
Posts: 787
Registered: ‎08-30-2011
0

Re: Should I go on a spree?? Or maybe just one more....

[ Edited ]

irving_magik wrote:

jamie123 wrote:

STOP!

 

Wait until the AMEX reports the 5K CL otherwise you might not get good CL from the other lenders. After the AMEX is a couple of months old you could go on an app spree and get most anything you want.


Thank you, that's solid advice, plus I hope to be at 15k in 61days, we'll see.......

 

The itch is still there though, something is telling me that I may be able to get one more good prime card...... grrrrr.... sorry


Yeah, definitely wait until your amex 3x CLI reports. So roughly 91 days from when you first got your Amex.  That is the same exact thing that boosted my CL's way up.  Good luck and congrats.

 

 

Oh and definitely don't go for the Freedom to early.  Chase will likely give you a $2000 credit limit and it's a hard pull for every CLI.  I made this mistake and regret it.  I may transfer the CL from my Freedom to my Amazon and then reapply for the Freedom to get better terms.  Some day....

Amex BCP/BC/Zync - Amex Business GR - Barclays NFL Visa Sig 49ers/Arrival - BoA BBR - Cap 1 Quicksilver - Citi Forward/Preferred - Chase Amazon/Freedom/Ink Plus - Discover IT - Fidelity Amex - GECRB Amazon/Walmart - PenFed PRV - Target - USAA Amex - US Bank CASH+/Club Carlson
Contributor
irving_magik
Posts: 167
Registered: ‎07-13-2011
0

Re: Should I go on a spree?? Or maybe just one more....

Thank you for the advice, I'll definately be waiting then.... it's just very hard to tell that little voice in my head to shut up sometimes.

Fico Scores: TU 734 (08/12/2012) and EQ 716 (12/08/2012)

AMEX BCP $10,000 (opened 09/2012) - Citi TYP $6500 (opened 12/2012) Chase Freedom $1500 (opened 09/2012)

GMAC Mortgage $181,000 (opened 07/2011) - Car Loan $18,000 (opended 01/2011)

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