04-18-2012 08:48 AM - last edited on 04-18-2012 12:42 PM by MarineVietVet
I'm assuming you mention that based on my signature. Thanks for the heads up, that score in my signature is a few months old and at the time I had a medical collection on my reports which I got removed using the hipaa process and my util was around 90%. I have since paid down my util to around 25%.
I'm not sure what my exact TU fico is right now, but my USAA FAKO is 709 and my creditkarma is 704 (they were around the 620-630ish range 2 months ago). I am also going to wait about 2 more weeks for Chase to report my CLI from $1500 to $3000 on my Freedom.
04-18-2012 08:58 AM - last edited on 04-18-2012 12:31 PM by MarineVietVet
Well, not a full blown approval - they ganked $2000 off my BarclayCard and allocated it to the Ring. Still glad to be in this club as the benefits are tremendous.
Congrats! Did they use Transunion for the app?
04-18-2012 09:15 AM - last edited on 04-18-2012 12:34 PM by MarineVietVet
Yes, they did.
Thought I was only getting $2000 moved over from Barclay Apple; they did that AND tacked on $3000 more!
04-18-2012 11:19 AM
Still don't get what's so special about this card.
All I managed to read was 8% APR... which if you have a 25% APR but don't carry a balance, really doesn't mean much.
1% on cash thingy, okay, I can get that, but I don't often withdraw from a credit card...
So what else is there? I'm seeing a lot of buzz over the internet over this card, but still haven't really seen a why?
Is it because of the 680 to get it?
I'm interested in it because it has no fees and (in my opinion) is a good card to have around for times when you have to carry a balance. Though if you have a steady and high income you would have no use for this card.
04-18-2012 11:35 AM - last edited on 04-18-2012 12:43 PM by MarineVietVet
I currently have 6 inquiries on my TU. Three of them are over a year old and the other three are under a year old.
I am interested in the barclaycard ring to transfer some balances to a lower APR card. I know Barclay is sensitive to new accounts/too many inquiries. Is 6 too many for them?
I think you are ok with 6 inq being that 3 are over a year old. How old are the latest 3? I don't think you should have a problem as long as they aren't too recent like in the last 4 months. YMMV. Just my opinion
04-18-2012 11:40 AM - last edited on 04-18-2012 12:32 PM by MarineVietVet
Do you guys think that a successful recon can be done on this card if all the other criteria has been met, like the 680+ fico needed?
04-18-2012 12:06 PM - last edited on 04-18-2012 12:32 PM by MarineVietVet
I was systematically declined since report was froze. I let them in, told them I'd allocate part of Barclay Apple Card towards it. They moved $2000 over and added $3000 to it...kinda cool.
Recon with them for sure; my TU FICO tanked this month and after telling them about why my USAA utilization hit 43%, they approved me.
04-18-2012 12:22 PM - last edited on 04-18-2012 12:32 PM by MarineVietVet
Well I haven't even apped yet. I'm not sure what my current TU score is, but I'm sure its above 680. I have an Apple card with them @ $1700 thats been open for two months. I had to recon for that one since I was denied for too many inquiries...I was just wondering if the Ring would be just as easy to recon or not. If it was, I would apply, but I'm a bit hesitant since I also want to try for a car loan sometime soon...
04-18-2012 12:32 PM - last edited on 04-18-2012 12:35 PM by MarineVietVet
App for the car loan. Wait a month and app / recon the Ring card because you can then explain the inquiries came from an auto loan - much better tactic (since ya gotta drive, right?)
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