03-25-2009 10:43 PM
I have heard of this being accomplished, freezing 2/3 & asking the UW to pull a specific CB, but have found very little information on it. My FICO's are fine across the board, 0 late's, 0 derog's, 0 PR's, ect. I want to do this because B* is so easy with TU, using CK & CCT daily. I'm trying to keep inq's to a minimum since I plan on buying a house soon, but I want some high-limit Prime cards before I do. All I have is a $1000 Crap1 card they refuse to CLI, the rest are store charge cards. Anyone have any thoughts or experience with this?
03-25-2009 11:16 PM
03-25-2009 11:38 PM
Thanks Guardian! Hopefully, I should be able to sweet-talk my way past the CSR & get them to pull TU. I can just see the opportunities, if only I could get everyone to pull TU... 2-3 new 10K+ TL's, & the INQ's gone in 1 1/2 months. I could sock-drawer my old CRAP1 card tomorrow. Wishful thinking, but I will give it a shot!
03-26-2009 12:55 AM
03-26-2009 02:44 AM
I would not do it. Unless you are a victim of ID theft, you could be shuting down opertunities for new credit via pre-approvals.
After I finished my DMP, I was afraid to apply for a credit card until I got a pre-approval letter from National City which I took.
Yes pre-approvals dont mean approved but you nenver know and if you are seeking new credit, you should keep all doors open.
These days with credit hard to come by, I wouldn't close any door.
03-26-2009 04:23 AM
03-26-2009 04:43 AM
I did this by accident. My EQ file was locked when I applied for a high end Capital One Rewards card which requires excellent credit. They generally check all three CRA's. Because my EQ was locked, they hit only TU and EX. They approved my card anyway without comment, but then again my scores are high, so had they been lower, maybe they would have declined or possibly my granted limit will be affected.
Anyway, it worked there, but when I apped to a CU, they only wanted EQ, so I had to unlock before they could/would process.
Generally large institutions have a system, and the chances of getting them to change that system for you is a roll of the dice.
03-26-2009 05:00 AM
03-26-2009 05:02 AM
03-26-2009 05:04 AM
Locking your credit file(s) will not necessarily hurt you. It may cause the lender to request you to unlock or it may cause a decline. However, if they decline....you did not get an INQ on the frozen files....but possibly did on the unlocked.
When I app'ed PenFed, they came back and specifically said "Give us the PIN to EQ or tell EQ to unlock for us"