Starting Score: TU:650 - EQ: 672
pozativelyliving wrote:I know all on the same day is good but how about in a certain time period, like one or two weeks? I have a pre-qualified JCP offer that expires on 8/10, a pre-acceptance offer for Merrick Bank that is good til 8/23 and I plan on appling to a number of banks/credit unions after I pay off a credit card and it posts to my reports around 8/13. I don't care if I get the JCP card. I rather refi the car instead and I don't think that will hurt the Merrick offer. I may put an app into Walmart at the same time. If I get it, fine, if not, that's ok too.
I may just toss the JCP, send the Merrick in around the same time that I apply for the loan then go for the Walmart when I have that approved and before I accept it.
Those expiration dates are meaningless. If there's some sort of special targeted signup offer attached to a preapproval, the expiration date might mean something, i.e., the bonus offer might expire. But as far as approval is concerned, the only reason they put an expiration date on it is to manipulate you into applying thinking you might miss out on something. They do not relax their approval criteria during the time period. If you'd be approved on 8/9, you'd still be approved on 8/11.
Starting Score: ~500 (12/01/2008)
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