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Member
badgerviper
Posts: 16
Registered: ‎08-07-2012

Re: Wells Fargo said yes!!!

Do you happen to know your credit score and which CRA they used? Oh and which state you live in. I've also been rebuilding my credit for a couple years now and am at TU 644 / EXP 674 / EQ 702 and would like to apply for the card since they are always inviting me to apply....but I really don't want an inquiry if I don't need to. I only have 1 right now so I'm not too worried about it but I'm so ecstatic I'm finally 700+ on at least one CRA that I really don't want to lower that score! I also couldn't find much info on which CRA they pull from and I'd be bummed if I got denied because they pulled TU....

 

In re: to your question, I would keep them open until you establish your card a little while longer. Like you, I also have Cap One cards that help contribute to the average age of my accounts. I keep them open despite their horrible CL ($500 each x 2). Average age of accounts can help lower/raise your score.

 

P.S. Congrats on rebuilding your credit!!!!

Established Contributor
CruzImperial
Posts: 863
Registered: ‎07-04-2012

Re: Wells Fargo said yes!!!

Congrats !! That´s a terrific limit and the rebuilding is surely paying off :smileyhappy:

I´ve heard good things about Wells Fargo yay!

Fico Scores: . Walmart TU 748 . App free since Aug 2013 .

Cap One Journey 500 | Discover IT 1k | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 6k | Barclays Apple 2.5k | BoA CR 800 | CSP 7.2k
Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011

Re: Wells Fargo said yes!!!

WF is good about giving cards to their customers. The banker who did my app at the branch said they actually take your bank accounts into consideration during the process.
Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Super Contributor
webhopper
Posts: 7,230
Registered: ‎09-16-2011

Re: Wells Fargo said yes!!!

Congrats! I agree with closing any cards with fees.

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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Frequent Contributor
LionLaw
Posts: 258
Registered: ‎06-10-2012

Re: Wells Fargo said yes!!!

Congrats!  WF was the first to give me a card when I was just getting back on my feet; having multiple accounts in good standing with them definitely helped.  It's still my go-to card.


Starting Score: 617 (EQ 6/10/12)
Current Score (8/28/13): EQ: 691 EX: 706 TU: 700
Goal Score: 700

Discover it $4,500 (02/2001); Amex PRG (Backdated to 01/2006); Amex ZYNC (Backdated to 07/2006); Wells Fargo Cash Back Visa $5,500 (12/2011); Citi Diamond Preferred MC $2,000 (07/2012); B of A Cash Rewards Visa Signature $5,000 (02/2013)

Valued Member
elmolina74
Posts: 42
Registered: ‎03-29-2010

Re: Wells Fargo said yes!!!

They pulled EXP which at that time wasmy highest score at 725 I believe (TU & EQ were in the high 600's). I had two inquiries on that report and I'm in CT. I hope this info helps!

Valued Member
elmolina74
Posts: 42
Registered: ‎03-29-2010

Re: Wells Fargo said yes!!!

And thank you all for your kind words!! :smileyhappy:

Valued Member
Cranski
Posts: 94
Registered: ‎07-21-2012

Re: Wells Fargo said yes!!!


badgerviper wrote:

Do you happen to know your credit score and which CRA they used? Oh and which state you live in. I've also been rebuilding my credit for a couple years now and am at TU 644 / EXP 674 / EQ 702 and would like to apply for the card since they are always inviting me to apply....but I really don't want an inquiry if I don't need to. I only have 1 right now so I'm not too worried about it but I'm so ecstatic I'm finally 700+ on at least one CRA that I really don't want to lower that score! I also couldn't find much info on which CRA they pull from and I'd be bummed if I got denied because they pulled TU....

 

In re: to your question, I would keep them open until you establish your card a little while longer. Like you, I also have Cap One cards that help contribute to the average age of my accounts. I keep them open despite their horrible CL ($500 each x 2). Average age of accounts can help lower/raise your score.

 

P.S. Congrats on rebuilding your credit!!!!


Always pulled EQ, for auto and cc's. NC, US.

CS 701, CK 682, Credit.com 719/ TU FICO 666 (DIS 8/12) EU FICO 658 (8/12)
After spree CS 738, CK 684, TU FICO 666 (Dis 8/5)

WF Secured 600Cl (7/11), Discover More 1.5k (8/12), Walmart 150CL(8/12), Cap1 Platinum w/Credit steps($300) (8/12)
Established Contributor
Smug
Posts: 961
Registered: ‎12-21-2010

Re: Wells Fargo said yes!!!

I closed my low toy cards, helped me get higher limits now my cards are in the 10K-14K range.
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!

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