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Why more than one app at a time?

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GST2008
Frequent Contributor

Re: Why more than one app at a time?


@Anonymous wrote:

Plus it is an addiction and many of us have addictive personalities

 

**tries to look innocent**


+1 to that.  This would be an interesting research study.  CC approvals act as positive reinforcement for applying, making people more likely to continue applying.  The CL given serves as a moderating variable as it changes the level of reinforcement one gets from the approval.  I think FICO score is also a moderating variable as it changes the likelihood of how often people will apply.  And finally, you have the HP, which is a form of response cost and can also influence the rate at which people apply.


Current:
TU (5/14/14): 796 (Inquiries; 8/23/13)
EQ (3/23/14): 791 (Inquiries: 8/23/13)
EX (9/24/13): 780 (Inquiries: 7/2/12; 11/20/12; 7/30/13; 8/23/13)

Goals: No new inquiries for 2014, 800 for all CRs by 12/31/14
Message 11 of 20
UFGuy2006
Established Contributor

Re: Why more than one app at a time?


@Anonymous wrote:

Plus it is an addiction and many of us have addictive personalities

 

**tries to look innocent**



+ 1!!!

Message 12 of 20
Anonymous
Not applicable

Re: Why more than one app at a time?

I usually app at one time so that the inquiries all fall off at the same time. They age at the same time too. I usually only app like once a year so that's another reason y I app at one time.
Message 13 of 20
Anonymous
Not applicable

Re: Why more than one app at a time?

I think a few people on this board would say, "I app, because I am."

Message 14 of 20
GST2008
Frequent Contributor

Re: Why more than one app at a time?


@Anonymous wrote:

I think a few people on this board would say, "I app, because I am."


I nominate psychoinhell as the official Descartes of the myFico forums.  Could somebody second the nomination please?


Current:
TU (5/14/14): 796 (Inquiries; 8/23/13)
EQ (3/23/14): 791 (Inquiries: 8/23/13)
EX (9/24/13): 780 (Inquiries: 7/2/12; 11/20/12; 7/30/13; 8/23/13)

Goals: No new inquiries for 2014, 800 for all CRs by 12/31/14
Message 15 of 20
Anonymous
Not applicable

Re: Why more than one app at a time?

psychoinhell is now know as psychoinDescartes

Message 16 of 20
LS2982
Mega Contributor

Re: Why more than one app at a time?

I would vote if knew what Descartes meant........lol



EQ FICO 548 3/3/16
Message 17 of 20
Anonymous
Not applicable

Re: Why more than one app at a time?

Rene Descartes, French philosopher.  Considered the founder of modern philosophy if I remember correctly.  The quote I perverted is, "I think, therefore I am."

Message 18 of 20
GST2008
Frequent Contributor

Re: Why more than one app at a time?


@LS2982 wrote:
I would vote if knew what Descartes meant........lol

Descartes was the French philosopher who stated, "I think, therefore I am."


Current:
TU (5/14/14): 796 (Inquiries; 8/23/13)
EQ (3/23/14): 791 (Inquiries: 8/23/13)
EX (9/24/13): 780 (Inquiries: 7/2/12; 11/20/12; 7/30/13; 8/23/13)

Goals: No new inquiries for 2014, 800 for all CRs by 12/31/14
Message 19 of 20
LS2982
Mega Contributor

Re: Why more than one app at a time?

OK well I vote YES!!



EQ FICO 548 3/3/16
Message 20 of 20
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