topic Re: Got approved for two more cards! in Credit Card Approvals

Got approved for two more cards!

JT44 — Mon, 26 Aug 2013 01:02:33 GMT

I decided I needed to increase my utilization, so I app'ed and was approved for two new cards, for a total cl of $3000. (Barclays $1200 and Cap 1 Plat $1800) FIrst question is, how much of a ding will the hard pulls from these apps affect my current credit score? I hope only like 15 or 20 pts. Is that realistic? 2nd, I now have WAY more credit so I should see my utilization % go WAY down, which I also think will help in the near future. Agreed?

Im banking on it being a "one step back, three steps forward" kind of a thing.

Thanks for the help!

Re: Got approved for two more cards!

myjourney — Mon, 26 Aug 2013 03:17:09 GMT

@JT44 wrote:
I decided I needed to increase my utilization, so I app'ed and was approved for two new cards, for a total cl of $3000. (Barclays $1200 and Cap 1 Plat $1800) FIrst question is, how much of a ding will the hard pulls from these apps affect my current credit score? I hope only like 15 or 20 pts. Is that realistic? 2nd, I now have WAY more credit so I should see my utilization % go WAY down, which I also think will help in the near future. Agreed?

Im banking on it being a "one step back, three steps forward" kind of a thing.

Thanks for the help!

Congrats X2

Re: Got approved for two more cards!

Anonymous — Mon, 26 Aug 2013 03:25:44 GMT

Congrats! I think that if you provide more detail about the credit that you had before the newest cards, you will get better-quality answers from the credit pros on here. :-)

Re: Got approved for two more cards!

myjourney — Mon, 26 Aug 2013 03:28:39 GMT

We had a long conversation about cash back and miles which cards did you end up getting just curious?

Re: Got approved for two more cards!

djc1puno — Mon, 26 Aug 2013 03:40:40 GMT

Congrats x 2!

Re: Got approved for two more cards!

Anonymous — Mon, 26 Aug 2013 03:44:52 GMT

You are well on your way! Congrats!

Re: Got approved for two more cards!

MsLadyRover — Mon, 26 Aug 2013 13:02:20 GMT

Congrats!