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Valued Contributor
scottwagnon
Posts: 1,350
Registered: ‎02-07-2010
0

generate pre approvals

anyone have advise on how to artificially 'stimulate' a pre approval? ideas on this anyone?

EX BankCard 8 FICO 820 (250-900) 04/08/14
TU FICO 806 (350-850) 04/10/14
EX VT 3.0 805 (300-850) TU VT 2.0 891 (501-990)
Credit.com score 798 (300 - 850) TU transrisk 772
card line up here: http://ficoforums.myfico.com/t5/Credit-Cards/How-Many-Credit-Cards-Do-YOU-have/m-p/1034512#M290859
Established Contributor
SevenNEW
Posts: 522
Registered: ‎08-24-2011
0

Re: generate pre approvals

Pay bills on time? :smileywink:

SevenNEW, Garden Nerd - In the Garden until 2015!
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Frequent Contributor
Odiseous
Posts: 289
Registered: ‎03-08-2011
0

Re: generate pre approvals

Step 1. Get a secured card, with a decent limit (over $1,000). 

Step 2. Opt in for offers. 

Step 3. Wait 6 - 8 months, with perfect payment history. 

Step 4. Read the offers; shred the ones with AFs. Actually consider the oned with no AFs. 

 

Note: This is assuming you don't have any bddies. Get rid of those too; if you have any. 

TU98 751, EQ 766, EX 766 (Lender)

If at first you don't succeed; Garden for 6 months, then try again.

Work the system. Don't let the system work you.
Valued Contributor
clocktick
Posts: 1,603
Registered: ‎12-07-2008
0

Re: generate pre approvals

[ Edited ]

Not all cards with annual fees are bad.

 

I would say paying your bills on time and waiting, waiting, waiting.  Is there a specific card you want to get a preapproval from?  Also, I would keep utilization down so when they SP you, your score is the best it can be.

11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800




Starting Score: 648
Current Score: 736
Goal Score: 765


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Frequent Contributor
Odiseous
Posts: 289
Registered: ‎03-08-2011
0

Re: generate pre approvals


clocktick wrote:

Not all cards with annual fees are bad.

 

I would say paying your bills on time and waiting, waiting, waiting.  Is there a specific card you want to get a preapproval from?  Also, I would keep utilization down so when they SP you, you score is the best it can be.



True.  But the OP is looking to trigger an offer.  Any card offer the OP doesn't already qualify for, with an AF is likely subprime, or a charge card. 

 

Then again; we don't know what offer th OP is looking for. 

TU98 751, EQ 766, EX 766 (Lender)

If at first you don't succeed; Garden for 6 months, then try again.

Work the system. Don't let the system work you.
Frequent Contributor
Odiseous
Posts: 289
Registered: ‎03-08-2011
0

Re: generate pre approvals


 

Then again; we don't know what offer th OP is looking for. 



And on that note: If you want to get an offer from Orchard Bank; I recommend having  pulse.

 

Those B*stards won't stop spamming my inbox.

TU98 751, EQ 766, EX 766 (Lender)

If at first you don't succeed; Garden for 6 months, then try again.

Work the system. Don't let the system work you.
Regular Contributor
ontop
Posts: 153
Registered: ‎04-17-2011
0

Re: generate pre approvals

Here is my add up:

 

Not sure about other credit cards, but with Amex here is my very own personal experience. I was messing around with their pre-qualifier just for fun, then within a month offer came in the order of:

 

1)Zync - went  straight to shredder

2)Green - went  straight to shredder, again

3)Gold - went  straight to shredder, as expected.

 

I have no interest in Amex business model long time ago.

 

 

Starting Score: 547
Current FICO Score: TU 747, EQ 732, EX 742 [10/2014]
Goal FICO Score: 777
Valued Contributor
scottwagnon
Posts: 1,350
Registered: ‎02-07-2010
0

Re: generate pre approvals

no.........i not looking to build credit in this question. i am looking for unique ways to artificially 'cause' a pre approval. for example, when i became a hhonors member, it triggered a pre approval for me not much longer after. one time after i opened up the pre app site and entered the conformation info. a week later i received another pre approval from that website for the same thing. i think i have an answer, but am looking for other interesting unique methods to artifically cause a pre approval.

EX BankCard 8 FICO 820 (250-900) 04/08/14
TU FICO 806 (350-850) 04/10/14
EX VT 3.0 805 (300-850) TU VT 2.0 891 (501-990)
Credit.com score 798 (300 - 850) TU transrisk 772
card line up here: http://ficoforums.myfico.com/t5/Credit-Cards/How-Many-Credit-Cards-Do-YOU-have/m-p/1034512#M290859
Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
0

Re: generate pre approvals

I think the more crap you sign up for with the CC, the better chance you have or receiving targeted offers. For example, Amex has a lot of communciations settings. I believe if you let them spam you on more stuff, you have a better chance of receiving some of their targeted offers for better bonus points on applying for a new account.  Not sure if other cards might have things like that too.

 

Also, applying for a card seems to work. :smileytongue:  When I was rebuilding (I suppose I'm still rebuilding), I applied for a Chase Freedom a little too early and was denied. Within a week I started receiving pre-approved offers to apply for different Chase products, usually three different offers a week. I don't know how much stock I'd put in those though.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Valued Contributor
scottwagnon
Posts: 1,350
Registered: ‎02-07-2010
0

Re: generate pre approvals

[ Edited ]

i have been testing this idea out but i go to a bank, credit union, grab a pamphlet or go directly to their website, select and apply for one of the credit cards that they offer that i like the most. then i fill out the applicaton and press continue/confirm to post. once i am on the confirm and submit page and see that all of my information is correct, i simply close the window. i have filled out 4 applications doing this and not actually applying. i just started doing this as an experiment to see if it will work, so i dont know what will happen. i hope my theory is correct about them saving my information and then responding to it by soft pulling my credit, thus sending me offers that they are willing to qualify me for. for now i am keeping my fingers crossed. 

EX BankCard 8 FICO 820 (250-900) 04/08/14
TU FICO 806 (350-850) 04/10/14
EX VT 3.0 805 (300-850) TU VT 2.0 891 (501-990)
Credit.com score 798 (300 - 850) TU transrisk 772
card line up here: http://ficoforums.myfico.com/t5/Credit-Cards/How-Many-Credit-Cards-Do-YOU-have/m-p/1034512#M290859

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