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100 Apps in a day

Valued Contributor

Re: 100 Apps in a day


Yes-Its-Me wrote:

sarge12 wrote:

Yes-Its-Me wrote:

mco7816 wrote:

Haha - well another downside on this is that, there's a huge possibility you get AA or CLD because of so many inquiries... I have read quite a few of those. Synch called me when I applied for Ebates and told me that I have so many inquiries and asked me why..." I said hey I got all these offers and I like all the rewards that I can get so I signed up for all of it... bad thing is that, some of these creditors lied because even though they said I was pre-approved... they denied me after seeing my inquiries" anyway, long story short, I gave them a pretty good details of why I have these so many inquiries, at the end of my "RECON" SYNCH still says "Hell No, you ain't getting another one of our card" hehehe... so I'm left with 3 of their cards...the rep also said that it's better if I try to cool off because any other apps they get will be automatically declined with no possible parole! hahaha lol I meant Recon Smiley Happy


@mc08816

 

So out of the 97 applications done within the 2 month period, how many accounts did you get approved?


I agree with the other poster....this is an outstanding question.


I think we can use his info and disect it.  Looking forward to the answer.


I hope he has not totally abandoned the thread and we never know the answer...why did no one think to ask earlier?




TU fico08=820 11/10/17
EX fico08=812 10/25/17
EQ fico08=818 10/25/17
Garden since 4/5/2017
Community Leader
Super Contributor

Re: 100 Apps in a day


sarge12 wrote:

Yes-Its-Me wrote:

sarge12 wrote:

Yes-Its-Me wrote:

mco7816 wrote:

Haha - well another downside on this is that, there's a huge possibility you get AA or CLD because of so many inquiries... I have read quite a few of those. Synch called me when I applied for Ebates and told me that I have so many inquiries and asked me why..." I said hey I got all these offers and I like all the rewards that I can get so I signed up for all of it... bad thing is that, some of these creditors lied because even though they said I was pre-approved... they denied me after seeing my inquiries" anyway, long story short, I gave them a pretty good details of why I have these so many inquiries, at the end of my "RECON" SYNCH still says "Hell No, you ain't getting another one of our card" hehehe... so I'm left with 3 of their cards...the rep also said that it's better if I try to cool off because any other apps they get will be automatically declined with no possible parole! hahaha lol I meant Recon Smiley Happy


@mc08816

 

So out of the 97 applications done within the 2 month period, how many accounts did you get approved?


I agree with the other poster....this is an outstanding question.


I think we can use his info and disect it.  Looking forward to the answer.


I hope he has not totally abandoned the thread and we never know the answer...why did no one think to ask earlier?


I know right- see blue.  He won't.  I have pm him / her to come back and respond.Smiley Very Happy

Frequent Contributor

Re: 100 Apps in a day

Hi there! it's a "SHE" but no worries!

 

So out of 97 please keep in mind that Chase are responsible for 14 of these... I applied with Chase to start off with Amazon Chase and approved for $500 and I tried to recon, but Recon has to be another 2x pull but denied, told me try again 1 month. One month later, I tried again, 2x pull again Denied Again, Recon, 1x Recon approved for Freedom Unlimited - 3 days later, rescind. Called and was told fraudulent application and to try again... another one then 2x and was denied, recon 2x again Denied. so So far that was 11 and just recently tried for CSR and 2 pulled and 1 more recon = 14 total just for Chase and only got a lousy 1 - $500 Amazon.

 

97 Pulls in 2 months June 29th - August 25th Data

 

14 = Chase (1 Amazon)

3 = Capital One (1 QS, all bureaus)

6 = Citi Bank (none)

3 = Barclay (none)

2 = Macy's (none)

2 = Bloomingdales (none)

5 = American Express (3 cards)

2 = Discover (1 secured)

4 = NFCU (Membership and CLOC)

4 = Penfed (2 cards, membership and Thrifty, asked to repull instead of 90days)

1 = Alliant (membership)

2 = Springleaf (personal loan approved)

2 = Mariner Finance (personal loan approved)

5 = lending tree (none)

2 = Lowe's (1 card)

1 = Marvel (1 card)

1 = ebates (none)

2 = Paypal (none)

2 = Saks (none)

3 = Nordstrom (none)

1 = Walmart (1 card)

1 = Neiman Marcus (1 card)

1 = Bergdorf Goodman (1 card)

2 = TJ Maxx (no card)

2 = Victoria Secret (no card)

2 = Overstock (no card)

1 = Amazon Prime (no card)

2 = FNBO

1 = Western FCU

6 = Bank of America

1 = Blispay

4 = US Bank

4 = CBNA

1 = L&CU

xx = any difference I can't really recall

Screen Shot 2016-08-26 at 6.55.24 AM.pngTRANSUNION

Screen Shot 2016-08-26 at 6.54.30 AM.pngEQUIFAX

Screen Shot 2016-08-26 at 6.53.25 AM.pngEXPERIAN

 

These total to 102 but I have a couple that's like 2 years old Smiley Happy

 

 

The first week I got 7 approvals out of 10. 

 

The next month when my inquiries creep up to 20 each I was approved for another 4.

 

The rest I was approved for 4 more when my inquiries hit 25+/30+

 

I got total of 17 approvals of which 2 were Personal loans, 2 CLOC, 13 Credit cards (1 secured)

 

Once it hit 30+ I get auto decline everywhere else... 

FICO 8: 1/1/16 / 12/30/2016 [EQ: 518/681] [TU:522/714] [EX: 535/689] TCL: $108K INQ: 138 between the 3 NO MO CARD FOR ME

Valued Contributor

Re: 100 Apps in a day

mco7816....Thank You for posting this, it is understandably a little confusing. The good thing is all these will have no effect after 1yr, and fall off after 2yr. It  definately answered the questions I had about what would likely happen if I did the ultimate app spree. It appears it would result in my high score remaining, but a lot of rejections after the first 10 or so. I know I feel much less stress about my 5 inqueries now. It takes a measure of courage to have posted this! You have my respect for doing so.




TU fico08=820 11/10/17
EX fico08=812 10/25/17
EQ fico08=818 10/25/17
Garden since 4/5/2017
Contributor

Re: 100 Apps in a day

I am getting to be super nerdy with these boards and I found this post really interesting and I was clicking through the pages really hoping the 'tester' had responded lol
Valued Contributor

Re: 100 Apps in a day


LT13 wrote:
I am getting to be super nerdy with these boards and I found this post really interesting and I was clicking through the pages really hoping the 'tester' had responded lol

I actually created this thread after my score did not take a dive after 5 hp's. I really expected a big dip, 1 score actually went up. That made me wonder what would have happened if I had 100 hp's in 1 day. I never expected to actually learn anything, which I did, just really expected some fun discussions. It appears more lenders pull equifax. It appears also that extreme app spree will not totally destroy score, but expect declines and possible AA. This was a fun discussion in any case.




TU fico08=820 11/10/17
EX fico08=812 10/25/17
EQ fico08=818 10/25/17
Garden since 4/5/2017
Community Leader
Super Contributor

Re: 100 Apps in a day

@Mco7816,

 

Thanks for the detailed explanation.  Would you have kept all the cards you applied for if you had been approved? 

Valued Contributor

Re: 100 Apps in a day


Yes-Its-Me wrote:

@Mco7816,

 

Thanks for the detailed explanation.  Would you have kept all the cards you applied for if you had been approved? 


There was another thread where OP is actually trying to obtain 100 cc from 100 different credit unions. He/she does not seem to be getting too far yet though. I question wheather such a feat is even possible.....now as to why he/she is doing that, I have no idea, perhaps it is his Mt. Everest.




TU fico08=820 11/10/17
EX fico08=812 10/25/17
EQ fico08=818 10/25/17
Garden since 4/5/2017
Community Leader
Super Contributor

Re: 100 Apps in a day


sarge12 wrote:

Yes-Its-Me wrote:

@Mco7816,

 

Thanks for the detailed explanation.  Would you have kept all the cards you applied for if you had been approved? 


There was another thread where OP is actually trying to obtain 100 cc from 100 different credit unions. He/she does not seem to be getting too far yet though. I question wheather such a feat is even possible.....now as to why he/she is doing that, I have no idea, perhaps it is his Mt. Everest.


Hah. I remember that thread with user @Jiggurlo09 or whatever his username was.  That goal never came to fruition.

Valued Contributor

Re: 100 Apps in a day

That is a really huge lineup but acceptable for somebody with 8 years of history. I have many of those on the list, I didn't get them all in one year. Gotta get over the instant gratification, and realize if ALL spend woulda been thru just amex for example instead of spread through 15 cards you'd be swimming in MR.

An app spree sticking to one Bureau is marginally better but everyone sees the new accounts eventually, and depending on the rest of your profile the other lenders will either ignore it or punish for cheating on them.
Open one, close three. Open one, close three.