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Frequent Contributor
jake619
Posts: 496
Registered: ‎11-13-2012

Short Sale behind me now...

We short sold our home and it finally closed 5/2010.  Banks closed all of our revolving cards with no balances.  Thanks for that.  I waited almost a year and app spree'd for Amex Blue, Chase Slate, Citi and CapOne.  Went 1 for 4 and ended up with CapOne (shocker).  I knew my credit was trash and was just excited to be extended any credit.  Fast forward to 11/2012.  I app'd for Barclays Rewards Average.  TU=677, EQ=675, EX=637.  I got the "not-so-fast-there" wait for the 10 day review BS.  I haven't seen anything in the mail or email, and the website shows no update when I check there.

 

My badness seems to be aging and I've been quite good missing no payments anywhere since 6/2010.  Should Barclays be this difficult to get?  I half expected immediate approval based on others experiences.


GangnamFICO wrote:

Because the chicks dig it when I throw down the card to the waiter and...it comes in handy if I'm short on cash until payday and need a short spot. AMEX gets the booty, and that's important when you're a Pirate.


Minor vulgarity edit --Rev



Valued Member
CollectionKing
Posts: 36
Registered: ‎11-05-2012

Re: Short Sale behind me now...

So you just have 1 CC right now?

Starting Score: 467 EQ
Current Score: 467 EQ
Goal Score: 720+


CollectionKing's Rebuild Thread

Frequent Contributor
jake619
Posts: 496
Registered: ‎11-13-2012

Re: Short Sale behind me now...

Correct.  Since the close of the short sale I have just the one CapOne card.  The other card I have is a Corp AMEX.  It, too was acquired post short sale.  They pulled my credit to approve me even though it is corp.


GangnamFICO wrote:

Because the chicks dig it when I throw down the card to the waiter and...it comes in handy if I'm short on cash until payday and need a short spot. AMEX gets the booty, and that's important when you're a Pirate.


Minor vulgarity edit --Rev



Valued Member
CollectionKing
Posts: 36
Registered: ‎11-05-2012

Re: Short Sale behind me now...

Whats your utilization on your cap one?bbbb

Starting Score: 467 EQ
Current Score: 467 EQ
Goal Score: 720+


CollectionKing's Rebuild Thread

Frequent Contributor
jake619
Posts: 496
Registered: ‎11-13-2012

Re: Short Sale behind me now...

48%


GangnamFICO wrote:

Because the chicks dig it when I throw down the card to the waiter and...it comes in handy if I'm short on cash until payday and need a short spot. AMEX gets the booty, and that's important when you're a Pirate.


Minor vulgarity edit --Rev



Valued Member
CollectionKing
Posts: 36
Registered: ‎11-05-2012

Re: Short Sale behind me now...

It's currently reporting @ 48% or that's just your current balance? Try and get it reporting to 10% or less, 5% or zero would be ideal. That should give you a little bump if your currently reporting that high of a util.

Starting Score: 467 EQ
Current Score: 467 EQ
Goal Score: 720+


CollectionKing's Rebuild Thread

Frequent Contributor
jake619
Posts: 496
Registered: ‎11-13-2012

Re: Short Sale behind me now...

it's reporting at 48%.  balance is 40%.  they havent said yes or no yet so maybe they're just looking real close.  if i get declined in will recon it - i have that already planned out.  I really want to ditch the CapOne card.  almost 2 years with them and they declined my CLI at the 18-month point.  i'll keep it to retain the age but i don't feel the love.


GangnamFICO wrote:

Because the chicks dig it when I throw down the card to the waiter and...it comes in handy if I'm short on cash until payday and need a short spot. AMEX gets the booty, and that's important when you're a Pirate.


Minor vulgarity edit --Rev



Valued Member
CollectionKing
Posts: 36
Registered: ‎11-05-2012

Re: Short Sale behind me now...

If you don't get approved you should check out the USAA secured AMEX.

Starting Score: 467 EQ
Current Score: 467 EQ
Goal Score: 720+


CollectionKing's Rebuild Thread


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