Stpn2me - Effect of recent apps - Equifax

[stpn2me]

Hello everyone!

I have done some apping in the last few days and I wanted to show you guys the results.

The CB that took the most hits was Equifax and my score showed it. I applied for a CC from USAA and I app'd twice for American Express, once for JCPenny (approved) 1750 CL, both apps from AMEX denied because of a 60 day late in Nov 06.

Scores before apping: about Dec 1, 2007:

TU - 684 EQ - 686 EX - 685

Cards at that time: BOFA Platinum - 1500 CL, $50 balance, Capitalone - $500 CL - no balance, Deferred Payment Plan (Military) - $5000 CL - $100 balance.

Loans: Citifinancial $25,100 car loan (2005)- never been late. Wachovia Dealer Services - $24,670 (2006)- Never been late. 1 Student loan - $8000, $50 a month ,Never been late.

Scores after apping: Dec 16, 2007:

TU - 693 EQ - 675 EX - 694

Cards now: BOFA, Capitalone, DPP still the same as above. Added USAA MC - $10,000 CL, $1000 balance (Disneyland tickets for christmas), USAA AMEX - $10,000 CL, no balance, JCPenny, $1750 CL, $250 balance.

Loans: Citifinancial and student loans same, Traded in the truck with Wachovia, got a loan with Mercedes Credit, $50,000 (yet to post to CR). 

Most of the hard pulls came from EQ and I think my score shows it. Hopefully, with time this will come up, but I think I will have to check other posts on how long inqs affect your score. I expect a drop when the loan for the benz hits the other CB, but hopefully not much. Looks good to me and I dont plan on apping for a while. I will use the USAA MC while I am at disneyland and it is a cash back card, but I have cash on hand to PIF next month. What do you guys think?

Stpn2me 

[notmyname]

Looks great,

You did a good job of re-writing your credit story.

The INQ's start to recover substantially within six months.

RP

[Red1Blue]

I think USAA card is only for members of armed forces right?

[Anonymous]

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concorduser wrote:

I think USAA card is only for members of armed forces right?

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i recently heard that as of june 06 they restricted mebership to armed forces and family members of. prior to that they were open to the general public (at least for a period of time).

[Red1Blue]

Do you think I should call them and ask them if they would be willing to accept civilan applications?

[haulingthescoreup]

Or children or spouses of active duty, or of members or former members. If you had a parent who was ever in the military, it is possible that they once had car insurance, etc., and you might be eligible.

https://www.usaa.com/inet/ent_utils/McStaticPages?key=become_member_eligibility

1-800-862-6909

[Anonymous]

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concorduser wrote:

Do you think I should call them and ask them if they would be willing to accept civilan applications?

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they won't even accept civilian fed govt unless you have a military family member (maybe if you work for dod or something). they wouldn't let me in at any rate.

i was very impressed w/thier cs though. my father was in the army and grandfather was retired air force. the reps helped me search thier names and my dad's ss#, dob to see if there was ever a record of them being a member or if by chance either of them set up an account for me. as i said i was very impressed that they would be willing to go so far for a nut case caller like me.

[stpn2me]

USAA is absolutely the best company out there as far as I'm concerned. Great rates and great products for military members and their families.

Stpn2me

[Anonymous]

We used to have USAA for car insurance and Dad has dealt w/ them ever since I could remember. Going to check if we can sign up back w/ them.

[haulingthescoreup]

np, if your dad is no longer a member, he can rejoin, and then he can extend membership to you. I'm pretty sure.