topic Re: My firstredit card approvals in a long time/bad credit / good news in Credit Card Approvals

My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sat, 13 Aug 2016 20:58:18 GMT

Hello, this is my first post, long time lurker.

Just got approved for Pottery Barn 1500, West Elm 1500, Wayfair 500, J Crew 250.

Shopping cart trick on all. My credit score is barely 600. I only have one credit card to my name , VS with a 250 credit line. I have had the VS for 3 months. I will believe it when I actually see the cards in my mailbox. I ordered something less that 20.00 after approval on each card. It has been a long struggle to better my credit. I have a car loan with capital one. 4 charge offs ( very old) in my credit history. I am considering getting a secured NFCU credit card as I have not been approved for their cards. Any suggestions?

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sat, 13 Aug 2016 21:29:32 GMT

Congrats. Make sure only ONE card reports each month and UTI is below 10% if you can. Always pay in full the rest of the cards.

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sat, 13 Aug 2016 21:33:33 GMT

Congrats on the approvals. My suggestion is to stop apping too..let those cards age.

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sat, 13 Aug 2016 22:25:41 GMT

Thank you. Will do!

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sat, 13 Aug 2016 23:13:38 GMT

Plus you don't want to be in toy limit hell forever.

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sat, 13 Aug 2016 23:22:10 GMT

Congrats! You're off to a good start. Just take care of those cards and your opportunities will grow.

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sat, 13 Aug 2016 23:26:06 GMT

Definately am not even interested in these cards for usage but more as a tool to improve my profile. My goal is to improve my credit score and qualify for a mortgage eventually. I would like to have a few non store credit cards eventually. Just trying to play my cards right. I have already suffered the cost of bad credit. This gives me hope.

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sun, 14 Aug 2016 04:35:33 GMT

Thank you everyone. I am committed to this goal. I appreciate your words of encouragement. It has taken me a long time to get to this point (to be ready to take my finances seriously.)

Re: My firstredit card approvals in a long time/bad credit / good news

Aduke1122 — Sun, 14 Aug 2016 05:17:53 GMT

Congrats , but be careful OP , comenity likes to give you lots of accounts with SCT then AA you and close.your accounts down for having too many new accounts open ..makes no sense to me but it happend to my sister so be careful with all the comenity accts.

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sun, 14 Aug 2016 06:10:12 GMT

Great job. DO NOT APPLY FOR ANYMORE STORE CARD THOUGH!!!! You've got some good cards that will grow to larger limits.

Have you checked the Chase pre-approval page yet? It might be worth it to try and pick up one the Freedom cards before these new cards report. Once they do, you will be locked out of Chase for 2 years.

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Sun, 14 Aug 2016 11:01:50 GMT

@Anonymous wrote:
Hello, this is my first post, long time lurker.
Just got approved for Pottery Barn 1500, West Elm 1500, Wayfair 500, J Crew 250.
Shopping cart trick on all. My credit score is barely 600. I only have one credit card to my name , VS with a 250 credit line. I have had the VS for 3 months. I will believe it when I actually see the cards in my mailbox. I ordered something less that 20.00 after approval on each card. It has been a long struggle to better my credit. I have a car loan with capital one. 4 charge offs ( very old) in my credit history. I am considering getting a secured NFCU credit card as I have not been approved for their cards. Any suggestions?

Congratulations to you!...Thanks for sharing.

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Mon, 15 Aug 2016 05:54:54 GMT

@Aduke1122 wrote:
Congrats , but be careful OP , comenity likes to give you lots of accounts with SCT then AA you and close.your accounts down for having too many new accounts open ..makes no sense to me but it happend to my sister so be careful with all the comenity accts.

Yes Aduke Thank you- I did read about Comenity closing the accounts.

I am hoping that they first allow me time to establish a relationship with them (to help my score etc.)

My goal is to eventually have two traditional bank credit cards along with a mortgage.

The store cards for me are tools to help my FICO and show that I can handle credit responsibly.

Thanks!

Re: My firstredit card approvals in a long time/bad credit / good news

Anonymous — Mon, 15 Aug 2016 06:00:59 GMT

@Anonymous wrote:
Great job. DO NOT APPLY FOR ANYMORE STORE CARD THOUGH!!!! You've got some good cards that will grow to larger limits.

Have you checked the Chase pre-approval page yet? It might be worth it to try and pick up one the Freedom cards before these new cards report. Once they do, you will be locked out of Chase for 2 years.

Thank you Yup

I have tried the bank cards (the prequalified links) and no luck.

I did not bother calling Chase or the others to do the hard application after being denied with the prequalified pages.

My next step will be to get a NFCU secured card (denied unsecured) and build a relationship with them. I have NFCU for my regular banking and work direct deposit.

I will stop accepting the pop ups and keep my utilization low- I am reading to keep the utilization at less that 30 % of all credit available combined.

Thanks!

Re: My firstredit card approvals in a long time/bad credit / good news

Vegas4Play — Tue, 16 Aug 2016 04:33:24 GMT

Congrats on your approval !!

Re: My firstredit card approvals in a long time/bad credit / good news

Aduke1122 — Tue, 16 Aug 2016 08:29:30 GMT

No problem OP I understand you have to do what you have to do when you are rebuilding or repairing to get those positive credit lines . Good luck to you .