topic Re: Productive Week! in Credit Card Approvals

Productive Week!

djshifted — Mon, 04 Nov 2013 07:43:16 GMT

I started working on building my credit back up August of last year. At that time my scores were under 500 (auto lender pull), and I started with a secured credit card and a used auto loan with 24.x% interest. Since then I traded the vehicle for a new one in May with 16.89% through Chrysler Capital. This past week I decided to check my EQ score through here and found it was getting better, so I decided to try several apps. There have been a few denials and 7 day messages, though here are the instant approvals:

BarclayCard: $1300

Amazon Store Card: $800

Walmart Store Card: $500

Express Credit Card: $250

My CU already has a copy of my report from a refinance request I made, so I will ask them about a CLI on the secured card (the refi was approved at 12%, though for 6K under the current balance, so that will have to wait.)

I'm excited, a little more positive reinforcement

Re: Productive Week!

09Lexie — Mon, 04 Nov 2013 09:03:39 GMT

Welcome to the forum! Congratulations on your successful credit spree! For the 7 day messages and denials, did you try to recon?

Re: Productive Week!

djshifted — Mon, 04 Nov 2013 09:54:32 GMT

I tried to recon Gap and BestBuy, but both only got me "It was denied, you will get a letter..." I haven't tried Pier 1, though I haven't seen a good # for them either. I plan on calling Discover tomorrow about the Student it card.

Re: Productive Week!

coldnmn — Mon, 04 Nov 2013 11:34:50 GMT

Welcome to the forum. It feels good to get steps going in the right direction. Thanks for sharing Congrats !

Re: Productive Week!

yudeology101 — Mon, 04 Nov 2013 15:34:09 GMT

Congrats!!! I know Wally & Express will grow w/ you quickly, let them age well.

Re: Productive Week!

djshifted — Tue, 05 Nov 2013 00:48:14 GMT

Thanks! I tried several recons today with no success, I've got several baddies from 3+ years ago.

After I talk with the CU I'll wait a while and let things grow.

Re: Productive Week!

H4LO — Tue, 05 Nov 2013 00:55:22 GMT

Congrats on the cards, but that APR on the car loan.... Ouch. I'd look at refinancing in the future.

Re: Productive Week!

myjourney — Tue, 05 Nov 2013 01:19:25 GMT

Congarts on the new cards

Re: Productive Week!

FocusedAndDetermined — Tue, 05 Nov 2013 01:30:25 GMT

Welcome to the forums and congrats on your newly acquired TLs!

Re: Productive Week!

djshifted — Tue, 05 Nov 2013 22:01:29 GMT

Thanks!

I know the APR sucks on the car, though it's better than the previous one. I'd like to get it refinanced, though it will probably be a while before I can do that. The best offer I've had so far is 12%, though I'd have to pay down the balance roughly 6K. I may try one more place before gardening for a while.

Re: Productive Week!

madnutz — Wed, 06 Nov 2013 00:24:56 GMT

@djshifted wrote:
Thanks!
I know the APR sucks on the car, though it's better than the previous one. I'd like to get it refinanced, though it will probably be a while before I can do that. The best offer I've had so far is 12%, though I'd have to pay down the balance roughly 6K. I may try one more place before gardening for a while.

Keep at it, I started off with 20% interest on my first car, traded in next year for 10% and just refinanced that car 7 months later to 3.9 just keep at it!!

Re: Productive Week!

djshifted — Fri, 08 Nov 2013 20:45:28 GMT

I'm thinking I will try again in another 8 months (after a few cli's). Good news though my CU unsecured my CC, so all in all a very productive two weeks.