topic Re: An Approval and a Lesson in Credit Card Approvals

An Approval and a Lesson

Anonymous — Sat, 21 Nov 2015 18:12:44 GMT

At the beginning of the month I was approved for Sam's Club MasterCard with a credit line of 2500. I called when my card came and was able to get it up to 7.5k. It was the second Synchrony account approved this month. The first was Stash for a credit line of 4k I was able to get raised to 10k. The Sam's Club also has a high interest rate. I really pushed my luck with Synchrony. I have two other accounts, Care Credit and Amazon. Synchrony was part of my Chapter 13 in 2008. I had almost forgotten that until I looked over old documents. (I haven't posted about my approval until today. That is why I posted this in the approvals section.)

I was persistent when I called and very polite, telling the recon person why I wanted the cli. I realize now that the person I was speaking to really had to work to give me that increase. I also realized how far I had pushed my luck with my 17 new accounts in the last six months of my rebuilding plus the 16 (yes, 16) inquiries just for my new car. My TransUnion has14 inquiries, six for the car. The other car inquiries are on Equifax.

I am am really happy with my acquisitions over the last six months. My first cards were high limits and low interest rates. The last ones not so much.

My lesson from all of this is to continue to enjoy everything while learning the best ways to use the accounts and how to combine some of them in the future. I love reading about other member's new cards! I look forward to being able to join two more credit unions and getting low interest cards with them. Nothing beats that feeling! Until then I hope someone enjoys and perhaps even benefits from this post.

I feel like I have been on a bullet train zooming to where I am now. I am now sitting at the station celebrating and in some cases sympathizing with all of my forum friends. This really is a great place to be!

Edited to add this: Any lessons with your approvals anyone?

Re: An Approval and a Lessom

Anonymous — Sat, 21 Nov 2015 16:57:28 GMT

Congratulations on your success, musiclover! You have done very well and learning is one of the most important things we can take back with us along the way. Great job!

Re: An Approval and a Lessom

Anonymous — Sat, 21 Nov 2015 17:00:16 GMT

Congrats on you approval

Re: An Approval and a Lessom

Anonymous — Sat, 21 Nov 2015 17:05:32 GMT

@Anonymous wrote:
Congratulations on your success, musiclover! You have done very well and learning is one of the most important things we can take back with us along the way. Great job!

Thank you, humuhumunukunukuapuaa!

Re: An Approval and a Lessom

Anonymous — Sat, 21 Nov 2015 17:06:15 GMT

@Anonymous wrote:
Congrats on you approval

Thank you, darren!

Re: An Approval and a Lesson

baller4life — Sat, 21 Nov 2015 17:08:47 GMT

You have done an excellent job with your rebuild neighbor!! Pat yourself on the back!!😊😊

Re: An Approval and a Lesson

Anonymous — Sat, 21 Nov 2015 17:14:40 GMT

@baller4life wrote:
You have done an excellent job with your rebuild neighbor!! Pat yourself on the back!!😊😊

I am stretching my arm around now, neighbor! lol Thanks! And thanks for all your excellent advice!

Re: An Approval and a Lesson

woodyman100 — Sat, 21 Nov 2015 17:34:25 GMT

Congrats and keep at it! You're doing great!

Re: An Approval and a Lesson

Anonymous — Sat, 21 Nov 2015 18:11:50 GMT

@woodyman100 wrote:
Congrats and keep at it! You're doing great!

Thanks, woodyman!

Re: An Approval and a Lesson

UncleB — Sat, 21 Nov 2015 18:16:23 GMT

Congrats on the approval, my friend!

You've done a FANTASTIC job of rebuilding... and I know that 'bullet train' feeling all too well!

After the epic journey, it does feel strange to finally be at 'the station'!

Re: An Approval and a Lesson

Anonymous — Sat, 21 Nov 2015 18:19:19 GMT

@UncleB wrote:
Congrats on the approval, my friend!

You've done a FANTASTIC job of rebuilding... and I know that 'bullet train' feeling all too well!

After the epic journey, it does feel strange to finally be at 'the station'!

Thanks, UncleB. Let's just sit here and watch the train speed by and celebrate our fellow travelers successes.

Re: An Approval and a Lesson

tntexans72 — Sat, 21 Nov 2015 18:34:51 GMT

Congrats on your success and the long bumpy road back to recovery!

Re: An Approval and a Lesson

Anonymous — Sat, 21 Nov 2015 19:37:25 GMT

@tntexans72 wrote:
Congrats on your success and the long bumpy road back to recovery!

Thank you, tntexans!

Re: An Approval and a Lesson

Anonymous — Sat, 21 Nov 2015 20:31:49 GMT

Just outstanding!! You've pushed your luck with Sync until your next calls for $25k lol. Very happy for your success!

Re: An Approval and a Lesson

Anonymous — Sat, 21 Nov 2015 22:24:42 GMT

@Anonymous wrote:
Just outstanding!! You've pushed your luck with Sync until your next calls for $25k lol. Very happy for your success!

I have! lol Thank you!

Re: An Approval and a Lessom

alextercero — Sat, 21 Nov 2015 23:52:24 GMT

Congrats

Re: An Approval and a Lessom

Anonymous — Sun, 22 Nov 2015 00:47:31 GMT

Congrats on your many successes! And thanks for sharing your story, very inspiring and heartfelt.

Re: An Approval and a Lessom

Anonymous — Sun, 22 Nov 2015 00:52:23 GMT

@alextercero wrote:
Congrats

Thank you, alex!

Re: An Approval and a Lessom

Anonymous — Sun, 22 Nov 2015 00:53:02 GMT

@Anonymous wrote:
Congrats on your many successes! And thanks for sharing your story, very inspiring and heartfelt.

Thank you, Roeseyk!

Re: An Approval and a Lesson

Kidcat — Sun, 22 Nov 2015 01:09:55 GMT

Congrats Musiclover. From what I understand that is a great card. Seems worth it.