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Mega Contributor
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Registered: ‎04-09-2011
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Re: What is an App Spree? Please describe the details


enharu wrote:

JMills wrote:

Hello, I have been on the forums and been reading vast information and was curious to know what is an App Spree? When will be a good time to do an App Spree? What should you scores be when doing an App Spree? What credit Cards are good to apply for when yoiu decide to do an App Spree. I am new and trying to gain as much information for my success with obtaining a good credit score. Thanks in advance


an app spree is when you go crazy (figuratively, not real crazy) and apply for many cards within a very short period of time, usually same day, or within few days, so that each of the banks you apply with do not know that you are applying for other cards with other banks at the same time since CRAs take a while to update.

 

Scores are dependent upon what cards you are trying to apply. Other factors such as income play a big role as well.

 

There's no real definite choice of must-have cards. It depends on what you mostly spend on or what you need out of your credit card.

Do you travel a lot? Do you want free extended warranty on your purchases? Do you want cashback, or points, or travel miles? Do you want fast and easy CLI down the road? It depends on what you're trying to do :smileytongue:

If you can tell us more  I am sure a lot of people will be able to recommend you some cards to get.

 

What is your approx. score and credit report like?

 


This is incorrect. The minute you apply for a new card a HP is placed on your credt. If the next card you app for and so on pull the same bureau report they will see the new INQ.

 




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
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Re: What is an App Spree? Please describe the details


LS2982 wrote:

enharu wrote:

JMills wrote:

Hello, I have been on the forums and been reading vast information and was curious to know what is an App Spree? When will be a good time to do an App Spree? What should you scores be when doing an App Spree? What credit Cards are good to apply for when yoiu decide to do an App Spree. I am new and trying to gain as much information for my success with obtaining a good credit score. Thanks in advance


an app spree is when you go crazy (figuratively, not real crazy) and apply for many cards within a very short period of time, usually same day, or within few days, so that each of the banks you apply with do not know that you are applying for other cards with other banks at the same time since CRAs take a while to update.

 

Scores are dependent upon what cards you are trying to apply. Other factors such as income play a big role as well.

 

There's no real definite choice of must-have cards. It depends on what you mostly spend on or what you need out of your credit card.

Do you travel a lot? Do you want free extended warranty on your purchases? Do you want cashback, or points, or travel miles? Do you want fast and easy CLI down the road? It depends on what you're trying to do :smileytongue:

If you can tell us more  I am sure a lot of people will be able to recommend you some cards to get.

 

What is your approx. score and credit report like?

 


This is incorrect. The minute you apply for a new card a HP is placed on your credt. If the next card you app for and so on pull the same bureau report they will see the new INQ.

 


This is true. Inqs are recorded in real time with the CRAs, so as soon as you apply the inq will show up on your report.


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
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New Contributor
Posts: 55
Registered: ‎02-27-2013
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Re: What is an App Spree? Please describe the details

I started out by applying for Capital One crads since they 're the easiest to get approved for.   FYI... Do some homework by googleing "credit cards based on my fico score of ###"  It should take you to several sites that have gather a lot of customer inputs when they applied for credit, their scores at that time, and if they got approved or not.  By going over that site a couple of times, it has helped me to apply and get approved instantly.  Good Luck!!!!   By the way... cart tricks can assist you in the meantime to obtain fast store cards without a HP.  one of them is Victoria Secret.


Starting Score:EX-639, TU-632 641-EQ(MyFico)
Current Score:EX-737(PLUS), TU-784(MyFico)750 (Walmrt) 719-EQ(Myfico),
Goal Score: 750-Across


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Frequent Contributor
Posts: 293
Registered: ‎03-08-2013
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Re: What is an App Spree? Please describe the details

What is a cart tricks? Please explain and can you give me the website?

Starting Score: EX: 650 EQ: 630 TU: 620 01/06/2014
Current Score: EX: 673 EQ: 673 TU: 643 05/06/2015 / Last App: 05/04/2015 / In the Garden Until: 01/04/2017
Desired Scores EQ 700 EX 700 TU 700
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Frequent Contributor
Posts: 293
Registered: ‎03-08-2013
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Re: What is an App Spree? Please describe the details

What is HP? I am still learning the acroynms

Starting Score: EX: 650 EQ: 630 TU: 620 01/06/2014
Current Score: EX: 673 EQ: 673 TU: 643 05/06/2015 / Last App: 05/04/2015 / In the Garden Until: 01/04/2017
Desired Scores EQ 700 EX 700 TU 700
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Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: What is an App Spree? Please describe the details


JMills wrote:

What is a cart tricks? Please explain and can you give me the website?


This is where you put an item in the cart on an online site and proceed to checkout and right before you pay if your eligible they will offer you a CC.

 

Its a SP on your file.

 

Comenity Bank is the issuer and if you look them up on here you'll find the many stores they deal with.

 




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
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Senior Contributor
Posts: 27,022
Registered: ‎02-07-2013
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Re: What is an App Spree? Please describe the details

[ Edited ]

JMills wrote:

What is HP? I am still learning the acroynms


HP = hard pull

SP = soft pull

+ Chase ink =




Frequent Contributor
Posts: 293
Registered: ‎03-08-2013
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Re: What is an App Spree? Please describe the details

Thanks, is there any way you can know what card pulls from what CRa's that way if you are applying or doing an app spree it will be with different banks pulling from different CRA's

Starting Score: EX: 650 EQ: 630 TU: 620 01/06/2014
Current Score: EX: 673 EQ: 673 TU: 643 05/06/2015 / Last App: 05/04/2015 / In the Garden Until: 01/04/2017
Desired Scores EQ 700 EX 700 TU 700
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Senior Contributor
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Re: What is an App Spree? Please describe the details

Yes I'll send you a PM

+ Chase ink =




Senior Contributor
Posts: 4,694
Registered: ‎02-23-2011
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Re: What is an App Spree? Please describe the details

Example of an App spree:

 

1.  Apply for an Amex card.

2.  Apply for a Barclays card.

3.  Apply for a Chase card.

 

The three applications spread out inquiries evenly with Amex on Ex, Barclay on TU, and Chase on Eq.  This puts only a single inquiry on each report which is better than 3 on a single CRA.

 

The three accounts will hit the CRs at different times.  Barclay hits immediately.  Amex 3 - 6 weeks later.  And, Chase about 30 days later.  With a healthy CR, the 3 new accounts and single inquiry on each report will have not result in AA, especially if the Amex backdates keeping AAOA high.

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