Reply
Established Contributor
awdsmama
Posts: 755
Registered: ‎01-20-2012

Walmart - to app or not (suggestions for other cards welcome)

TU fico on here is 613.   (EQ is 601)

 

I have 5 CAs, 3 of which are paid.

 

Installment loans are all student loans in deferrment, 3 have 2 late payments almost 2yrs old.

 

No open CCs

 

2 HSBC chargoffs from 2008

 

NO inquiries

 

 

Do I stand a chance?

Fico: 701 (5/22/14) 682 (5/9/2014)
Discover IT $5,200 / CU Visa $1,000 / JC Penny$3,000
App Free since 2/2013
Established Contributor
knoregs
Posts: 567
Registered: ‎06-04-2012

Re: Walmart - to app or not (suggestions for other cards welcome)

I app'd for Walmart card back in June with no revolving  accounts only an installment loan in good standing and was shot down. Try Cap1. They might do a starter card with low CL.

 

~kn

 


EQ: ??? (No Current)
EX: ??? (No Current)
TU: 667 (Discover FICO) 6/12/14

Last App 12/17/13... In Garden 'till July/August '14
Valued Contributor
Swapmeet
Posts: 1,312
Registered: ‎11-10-2012

Re: Walmart - to app or not (suggestions for other cards welcome)

Definitely borderline.... Start with C1 as suggested above, or a secured card. I think you have a much better chance if your TU is >620

My Wallet: WalMart: ||13.5k|| USAA Platinum MC: ||13k|| Amex Delta Gold: ||2k||; BCE: ||9k|| Chase Freedom Siggy: ||10k||
Discover it: ||6.5k|| SG Visa: ||11k|| USAA World MC: ||13k|| US Bank Cash+ Siggy: ||5k|| Citi TYP World MC: ||10.5k||
Barlays Arrival World MC: ||10k||
Fico Scores: EQ 760 (SW),TU 757 (Walmart), EX 738 (myfico) Last app: Arrival World MC 2-1-14
Moderator
09Lexie
Posts: 24,405
Registered: ‎09-13-2012

Re: Walmart - to app or not (suggestions for other cards welcome)

Established Contributor
knoregs
Posts: 567
Registered: ‎06-04-2012

Re: Walmart - to app or not (suggestions for other cards welcome)

Yeah.... forgot to mention secured. That's exactly what I did after getting shot down by Wally. I put $1K in a BOA acct to get a secured card with same CL. It won't take long if you use the card wisely. 6 months and you should see a noticeable jump. I did.

 

~kn

 


EQ: ??? (No Current)
EX: ??? (No Current)
TU: 667 (Discover FICO) 6/12/14

Last App 12/17/13... In Garden 'till July/August '14
Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012

Re: Walmart - to app or not (suggestions for other cards welcome)

It's borderline.  I was at 638 for TU98 on here and got $600 limit.  I had three open CC's at the time. I like the secured idea, maybe BOA or USBank or a local CU, wait 60 days even and I think your score will probably rebound by then.  Especially given the movement you've had recently.

  • Current: EQ FICO 694, TU FICO 695, EX FICO 698 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $29,500
  • Inquiries (12 Months): EQ 6 TU 3 EX 6 | Most Recent: 1/21/2014
Chase Freedom $5000
DCU Visa $10000
Capital One QS $2000
AMEX BCE $1000
Lowe's CC $8500
WalMart CC $2400
BOA Platinum $600
AMEX Gold NPSL
Established Contributor
awdsmama
Posts: 755
Registered: ‎01-20-2012

Re: Walmart - to app or not (suggestions for other cards welcome)

Thanks everyone, I will talk with my CU and see what they offer.  I know the one I am a member of does not have secured cards, but it's a small branch where even the manager knows your name so maybe they have some magic they can work.   If not, I'll check out Cap1 ...

Fico: 701 (5/22/14) 682 (5/9/2014)
Discover IT $5,200 / CU Visa $1,000 / JC Penny$3,000
App Free since 2/2013

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+