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Regular Contributor
stpn2me
Posts: 234
Registered: ‎07-04-2007
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Stpn2me - Effect of recent apps - Equifax

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 
TU - 625 EQ - 644 EX - 672 as of 5 June 13
Regular Contributor
notmyname
Posts: 178
Registered: ‎08-21-2007
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Re: Stpn2me - Effect of recent apps - Equifax

Looks great,
You did a good job of re-writing your credit story.
 
The INQ's start to recover substantially within six months.
 
RP
Super Contributor
concorduser
Posts: 6,026
Registered: ‎09-18-2007
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Re: Stpn2me - Effect of recent apps - Equifax

I think USAA card is only for members of armed forces right?
Senior Contributor
imducky
Posts: 3,432
Registered: ‎08-27-2007
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Re: Stpn2me - Effect of recent apps - Equifax



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


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).
Super Contributor
concorduser
Posts: 6,026
Registered: ‎09-18-2007
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Re: Stpn2me - Effect of recent apps - Equifax

Do you think I should call them and ask them if they would be willing to accept civilan applications?
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Epic Contributor
haulingthescoreup
Posts: 28,098
Registered: ‎04-01-2007
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Re: Stpn2me - Effect of recent apps - Equifax

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
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Senior Contributor
imducky
Posts: 3,432
Registered: ‎08-27-2007
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Re: Stpn2me - Effect of recent apps - Equifax



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


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.
Regular Contributor
stpn2me
Posts: 234
Registered: ‎07-04-2007
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Re: Stpn2me - Effect of recent apps - Equifax

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
TU - 625 EQ - 644 EX - 672 as of 5 June 13
Valued Contributor
netpanther
Posts: 1,694
Registered: ‎08-07-2007
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Re: Stpn2me - Effect of recent apps - Equifax

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.
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haulingthescoreup
Posts: 28,098
Registered: ‎04-01-2007
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Re: Stpn2me - Effect of recent apps - Equifax

np, if your dad is no longer a member, he can rejoin, and then he can extend membership to you. I'm pretty sure.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

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