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Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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"chances of approval"

I see this question quite often here, mostly from the rebuilders. Why not do your best to clean up your files and go into an app KNOWING you will be approved instead of chancing it with a mediocre file??

 

Challenge yourselfs to stride for the BEST possible CL and APR  and not will I even be approved for this card. :smileyhappy:




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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Registered: ‎09-13-2012
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Re: "chances of approval"

Community Leader
Senior Contributor
Posts: 26,694
Registered: ‎02-07-2013
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Re: "chances of approval"

All cards, homes, loans all start at the same place your CR 

That being said if your CR is as clean as possible and they don't have to be perfect but you odds of approval for any credit related product is greatly increased.

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/13


New Member
Posts: 2
Registered: ‎06-07-2013
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Re: "chances of approval"

[ Edited ]

but some people always PIF and are only interested in the rewards and sign up bonuses. in that case all they want is approval.

 

I work with small CL with payments every week

Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: "chances of approval"


myjourney wrote:

All cards, homes, loans all start at the same place your CR 

That being said if your CR is as clean as possible and they don't have to be perfect but you odds of approval for any credit related product is greatly increased.


Thos Is true but im trying to point out to the rebuilders here that apping shouldn't be a spur of the moment thing they should have a gameplan and have their baddies resolved to the best of their ability before apping. Don't app just to app or because you want the card now.




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
Community Leader
Senior Contributor
Posts: 26,694
Registered: ‎02-07-2013
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Re: "chances of approval"


LS2982 wrote:

myjourney wrote:

All cards, homes, loans all start at the same place your CR 

That being said if your CR is as clean as possible and they don't have to be perfect but you odds of approval for any credit related product is greatly increased.


Thos Is true but im trying to point out to the rebuilders here that apping shouldn't be a spur of the moment thing they should have a gameplan and have their baddies resolved to the best of their ability before apping. Don't app just to app or because you want the card now.


I agree totally can't do anything w/o a plan for which card you want and why you want it.

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/13


New Contributor
Posts: 164
Registered: ‎04-16-2013
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Re: "chances of approval"

[ Edited ]

9:50pm EST Friday.  I assume a little "drapping" will be happening!  lol. 


Moderator
Posts: 27,203
Registered: ‎09-13-2012
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Re: "chances of approval"

IMO, the excitement of being back in the 'game' is exhilarating and instead of slowing down and fix those things that may have been negatives- they try to push the envelope. App sprees on extremely thin files, severe CAs reporting and high util are just the tip of the issues I see when I try to delve into why are' you asking if you can be approved.'
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: "chances of approval"


100down0monthly wrote:

9:50pm EST Friday.  I assume a little "drapping" will be happening!  lol. 


Who is this you speak of?? :smileyhappy:




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
Community Leader
Senior Contributor
Posts: 26,694
Registered: ‎02-07-2013
0

Re: "chances of approval"


100down0monthly wrote:

9:50pm EST Friday.  I assume a little "drapping" will be happening!  lol. 


Oh no none of that LOL

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/13


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