Reply
Frequent Contributor
HYPASS33
Posts: 326
Registered: ‎04-08-2013

Walmart, Sams and Lowes are all GE?

Are all these backed by GE? If so, it's funny I got approved by Walmart and Sams but not Lowes. Very low CL but approved. I'm scared to apply for anything else.
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Walmart, Sams and Lowes are all GE?


HYPASS33 wrote:
Are all these backed by GE? If so, it's funny I got approved by Walmart and Sams but not Lowes. Very low CL but approved. I'm scared to apply for anything else.
Yep!!
And an FYI I would cool it on the GE apps they will shut down all of your accounts if you app for too many cards too quickly.






Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
HYPASS33
Posts: 326
Registered: ‎04-08-2013

Re: Walmart, Sams and Lowes are all GE?

Should have did without the Sams and just did lowes.
Valued Contributor
maiden_girl
Posts: 2,005
Registered: ‎12-29-2011

Re: Walmart, Sams and Lowes are all GE?

Walmart store card can be used in Sams or so I've heard...same company.

The truth is out there...
FICO scores: 724 (EQ) 709 (EX) 711 (TU) 4/14 | Goal score: 750+ (all 3)
Tradelines: Capital One (5.0k) | Discover IT (5.0k) | Walmart Discover (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)
--------------------------Gardening until my credit recovers...NO MORE INQUIRES TIL 2015
Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,247
Registered: ‎10-02-2012

Re: Walmart, Sams and Lowes are all GE?

Oh man! Thats true you could if just gone with Wal-Mart and Lowes since you can use Wal-Mart at Sam's. Dont apply for anymore GE accounts. 


$600$800$1,000$500(AU) $2,500
EQ FICO---, EX FICO---, TU FICO---, AAOA 5 months, Utilization 70%, No delinquencies of any sort.
Inquiries on EQ: 19, Inquires on EX: 30, Inquiries on TU: 21, Gardening Since 06-25-14
Regular Contributor
debtfree09
Posts: 119
Registered: ‎03-08-2009

Re: Walmart, Sams and Lowes are all GE?

That's not necessarily true...I apped for and was approved for at the same time:

 

Walmart

JC Penney

Amazon

Care Credit

Lowes

Walmart

And got a CLI on my Sam's

 

A year later I got TJMaxx and Old Navy

 

Not only do I still have them all I get regular CLIs on them.

 

Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,247
Registered: ‎10-02-2012

Re: Walmart, Sams and Lowes are all GE?

True^ My sister was able to get 4 GE acct's at the same time. After her 4th app she got her first denial and decided to stop the apping. It must vary depending on your situation.


$600$800$1,000$500(AU) $2,500
EQ FICO---, EX FICO---, TU FICO---, AAOA 5 months, Utilization 70%, No delinquencies of any sort.
Inquiries on EQ: 19, Inquires on EX: 30, Inquiries on TU: 21, Gardening Since 06-25-14
Valued Contributor
dodgerslv
Posts: 1,693
Registered: ‎06-16-2012

Re: Walmart, Sams and Lowes are all GE?

Back in August of 2012 i got approved for Walmart and Dillards...tried applying for Lowe's in September and then Sam's Club in October and got denied for both. So its not uncommon to get approved for some but not others...havent re-applied for either one since cuz really wouldnt have use for them right now.



biggest limits: BofA Privilege (33K)/ BofA Cash Rewards (27k)/ Citi AA WEMC (26k)/ Penfed Rewards (22.5k)/ Chase United Explorer (22k)
Fico 08 scores (6/21/14) EX: 758 TU: 759 EQ: 755 (high Utilization for me at the moment @10% so gardening mode).





Moderator
09Lexie
Posts: 24,441
Registered: ‎09-13-2012

Re: Walmart, Sams and Lowes are all GE?

GE has been known to not only decline but closed new accounts obtained in sprees. It's a YMMV but considering its the same lender they may be worried about fraud. The most I've ever applied for with GE during a spree is 2.

Valued Contributor
FinStar
Posts: 5,156
Registered: ‎10-21-2012

Re: Walmart, Sams and Lowes are all GE?


09Lexie wrote:
GE has been known to not only decline but closed new accounts obtained in sprees. It's a YMMV but considering its the same lender they may be worried about fraud. The most I've ever applied for with GE during a spree is 2.


+1

 

While everyone's outcome/experience will vary, why put oneself at risk of the lender flagging or closing your accounts?


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
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+