topic Re: New home...New credit approvals... in Credit Card Approvals

New home...New credit approvals...

Anonymous — Thu, 03 Apr 2014 18:47:01 GMT

Thanks in large part to information learned on this awesome forum, I closed on a newly constructed home a few weeks ago with a 4% fixed 30 year interest rate. Since then, I've been approved for the following:

$5,000 STAR FURNITURE (24 month no interest)

Star has in-house financing and ususally requires excellent credit for approval (no BK, lates, etc). However, I was approved with a downpayment of 25%.

$7,000 CONN'S HOME STORE (24 month no interest)

Conn's is easy on approvals, but higher scores and income get pretty decent limits

$3,000 GE - Ashley Furntiure (60 month no interest)

I burned GE bigtime in BK back in 2010 so wasn't sure they would extend credit to me, but they did from numerous vendors.

$1,000 GE - Rooms to Go (36 month no interest)

$500 GE - Lowes

Off to the garden I go!

Re: New home...New credit approvals...

MissMoni223 — Thu, 03 Apr 2014 18:55:55 GMT

CONGRATS and welcome to the Homeowner's Club! I'm coming up on my 6th year of membership in October and I love it here! Join us in the garden and watch those CL's increase!!!

Re: New home...New credit approvals...

coldnmn — Thu, 03 Apr 2014 19:03:04 GMT

Congrats! Thanks for sharing.

Re: New home...New credit approvals...

MsLadyRover — Thu, 03 Apr 2014 19:20:17 GMT

Congrats on the new cards and the new house!!

Re: New home...New credit approvals...

yudeology101 — Thu, 03 Apr 2014 19:29:15 GMT

Woohoo!! WTG on your new card approval and congratulations on your new home.

Re: New home...New credit approvals...

CreditMagic7 — Thu, 03 Apr 2014 20:05:25 GMT

OP, don't run off just yet before recon on your Lowe's approval. That 500 SL can easily translate into 5000! or better due to it's generous recon department. Something maybe to consider before folding up this current run. When you explain to them that you just closed on a newly constructed home they'll be more then ready to drastically raise that limit.

Congrats! on a nice approvals!

Re: New home...New credit approvals...

Creditaddict — Thu, 03 Apr 2014 20:09:46 GMT

@CreditMagic7 wrote:
OP, don't run off just yet before recon on your Lowe's approval. That 500 SL can easily translate into 5000! or better due to it's generous recon department. Something maybe to consider before folding up this current run. When you explain to them that you just closed on a newly constructed home they'll be more then ready to drastically raise that limit.

Congrats! on a nice approvals!

yes but ask for $25k, they will counter back!

Re: New home...New credit approvals...

Creditaddict — Thu, 03 Apr 2014 20:10:19 GMT

@Creditaddict wrote:
@CreditMagic7 wrote:
OP, don't run off just yet before recon on your Lowe's approval. That 500 SL can easily translate into 5000! or better due to it's generous recon department. Something maybe to consider before folding up this current run. When you explain to them that you just closed on a newly constructed home they'll be more then ready to drastically raise that limit.

Congrats! on a nice approvals!
yes but ask for $25k, they will counter back!

tell them it's new construction but want to upgrad counters and put in electric garage or something

Re: New home...New credit approvals...

alvon123 — Thu, 03 Apr 2014 20:21:15 GMT

congrats

Re: New home...New credit approvals...

CreditMagic7 — Thu, 03 Apr 2014 20:39:10 GMT

Re: New home...New credit approvals...

gdale6 — Thu, 03 Apr 2014 20:48:37 GMT

Nice run and grats on your house

Re: New home...New credit approvals...

-Wade- — Thu, 03 Apr 2014 21:13:23 GMT

@Anonymous wrote:
Thanks in large part to information learned on this awesome forum, I closed on a newly constructed home a few weeks ago with a 4% fixed 30 year interest rate. Since then, I've been approved for the following:

$5,000    STAR FURNITURE (24 month no interest)
Star has in-house financing and ususally requires excellent credit for approval (no BK, lates, etc). However, I was approved with a downpayment of 25%.

$7,000    CONN'S HOME STORE (24 month no interest)
Conn's is easy on approvals, but higher scores and income get pretty decent limits

$3,000    GE - Ashley Furntiure (60 month no interest)
I burned GE bigtime in BK back in 2010 so wasn't sure they would extend credit to me, but they did from numerous vendors.

$1,000    GE - Rooms to Go (36 month no interest)

$500       GE - Lowes

Off to the garden I go!

Congrats on your success