topic Re: Cato Approval in Credit Card Approvals

Cato Approval

Anonymous — Wed, 03 Jan 2018 21:20:27 GMT

I applied around 2 weeks ago. They do not do instant approvals so far as I know; therefore, I had to wait for the card or denial letter to come.

I was approved for $500 SL 22.9% Fixed APR

Not many notes on the card online so I do not know if this is a good starting limit or not

They pulled Transunion which had 13 inquiries and a score of around 712 at the time of app

Interesting tidbit you cannot use the flimflamming thing on their website

Re: Cato Approval

Anonymous — Wed, 03 Jan 2018 20:31:21 GMT

Congrats on your approval. Be careful on opening a bunch of store cards tho, as you don't want to get stuck in toy store limits.

Re: Cato Approval

Anonymous — Wed, 03 Jan 2018 21:17:43 GMT

@Anonymous wrote:
Congrats on your approval. Be careful on opening a bunch of store cards tho, as you don't want to get stuck in toy store limits.

Most of my Store cards have grown faster than my Bankcards. As can be seen in my signature. Thanks for the warning though I didn't think I had opened a bunch of them.

Re: Cato Approval

Anonymous — Fri, 05 Jan 2018 10:18:56 GMT

Update: It appears that you can request CLI's online but it notes that it is a hard pull.

Scott: I am sorry if I came off as upset the other day. I realize I do have a number of store cards but I love every one of them, they were for stores I frequent so they have proved to be valuable.

Re: Cato Approval

Anonymous — Fri, 05 Jan 2018 15:10:37 GMT

Congrats depdep8!

Re: Cato Approval

AverageJoesCredit — Fri, 05 Jan 2018 16:43:44 GMT

Congrats Depx2 What is Cato?

Re: Cato Approval

Anonymous — Sat, 06 Jan 2018 07:13:01 GMT

@AverageJoesCredit wrote:
Congrats Depx2 What is Cato?

It's a clothing store you usually find them in a shopping center right beside of Wal-Mart, in fact, there is one near every Wal-Mart in my area.

It caters to middle-aged and older women. They also have an It's Fashion branch (Why I got the card). It carries some men's clothes and accessories.

They are off-price like a Marshalls or TJMaxx but they carry their own brand

The Card is issued by Cedar Hill Bank a subsidiary of Cato Corp.

You cannot use the card online or over the phone. Which is actually really smart because it brings people into their brick and mortar outlets.

Re: Cato Approval

AverageJoesCredit — Sat, 06 Jan 2018 14:08:53 GMT

Ok thanks, nice to know.