10-12-2013 02:00 PM
Oh,I take it you wouldn't be telling me this if you didn't get the cards right?
yes i did get all three on my last app spree. If you want to be safe tho i would wait till you get some pre approvals.
10-12-2013 02:02 PM
One more. Do the companies ever use the information & send you an invite?
You can check the opt in site to make sure they can send you the mail offers in the mail. Opt In. I know the site says optout, but its for opting in and out of pre approval offers.
10-12-2013 06:43 PM
I have raised my score 167 points since May. Gotten my usage down to 11%, have 0 lates or derogatories.Increased my CLs by over $1400. I have been turning down offers for any cards that don't offer CB. In May I will have 0 inquiries, I will,hopefully,only be using my 2 CB cards (limits total $3150) by 30% max & paying them in full weekly. I have over $16000 in combined limits min my other cards but, except for 2 or 3 store cards, have no plans to use them.
I would really like to apply for a new CB & have researched the forums for my best. Oh, my score is 749 & according to where I Iook it's somewhere between good & excellent. This confuses my CB pick. I'm hoping my score will be up higher in May as my recent $500 CLI & my having paid off ALL my cards will be recorded by then with 7 more mos of history.
My problem is, I am afraid of being denied & putting a blot on what will be,by then, 1 yr of relentlessly hard work.
Others in here seem to make up their minds & go for it;sometimes 2 cards at a time. I realize in a yr the inquiry will be gone.
It's not that I haven't heard disappointment in here but, there seems to be a contingency plan to follow. I guess I should have one too.
Can you give me some ideas of what to wait for so I'll have better odds as well?
Raina, what kinds of goals are you wanting at this time?
What cards do you have now? Are they fitting your needs? What if anything would be better for your financial profile? Do you want a cash back card or do you have debt that needs to be placed on a 0% promotion?
Do you want to join credit unions to get large CLs? Or do you simply like credit unions?
Are you looking for large sign up bonus offers?
What is the fear about with regard to denials? No need to be afraid, it's like a starting point if they say no. You can always call the reconsideration line and plead your case... with that said you want to make sure that the cards you are applying for have a pretty good recon line before you start that process if you're afraid of that. From your score that you stated doesn't look like you'll get too many denials which is great! Don't be afraid. You just have to figure out what it is that you're missing from your profile that you'd like to add and then go from there. Gardening while you aren't sure is NEVER a bad thing!
10-12-2013 09:32 PM
10-12-2013 09:40 PM
I can only imagine how frustrating that must have been. You're a very strong person to have come through it, just remember that. Know that you will make the best move for you when it's the right time to make it.
10-12-2013 09:41 PM
10-12-2013 09:55 PM
10-13-2013 07:09 AM
I'm basically looking for as much as I can get. I never had to think about it before. I was offered the cards except for the store cards. Except for Discover, the only awards I had were mileage clubs.
I decided if I was going to work at this id do it all the way.
Recon offers are the next thing I have to learn about.
If you are thinking about cashback cards, i think bce/bcp orsallie mae World mastercard, and maybe quicksilver for flat 1.5 on everything are pretty good. I also like costco TE if you shop at costco that is. The 2% on restaurants and travel is pretty nice.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO