@Anonymous wrote:
Hey Guys, so I recently got a pre approval letter from Barclays card and decided to apply for it and unfortunately was rejected due to my bankcard balances being too high. A little bit about my credit history:
Got a Capital One Platinum card in March started out with $500 CL paid it on time every month got CLI up to $1500 then also now to $2000 and with credit steps and it has a $1300 balance on it. Same thing for my Quicksilver card that I got in March started with $500 CL then went up to $1500 then $200 with Credit steps it has a $1300 balance on it. I also have a $500 credit one card that I got in March of this year. I have a credit builder loan from Bestbank for $1000 that still has a balance of $800 on it, and I have a Care credit card with a $2000 CLI and the balance is $1200. My bankruptcy was discharged October 2014. I'm wondering once I pay my credit one card down to $0, pay one of my capital one cards down to $0 should I reapply for barclays? They still send me the pre approval letter even though they just denied me. Any thoughts?
I would suggest waiting until your accounts are aged a bit more. Barclays likes to see at least 12-18 months of recent payment history on a couple of accounts.
Wouldn't really hurt to try though, its only one inquiry on TU for Barclays.
