topic Re: Thin file, credit card suggestions? in Credit Card Applications

Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 00:09:52 GMT

Hello everyone, I want to apply for a credit card but I'm not sure which one to apply for. Here are some details about my credit profile. I HAVE A THIN FILE. My FICO scores are EQ: 675 (2 inquiries. one was for AT&T for cable, does that count too? the other is for a living room that I got for my parents but I paid it off already.) TU: 650 (4 inquiries. 1 for a CC which is the one I have, another one for a loan which was approved but paid I paid it off. The other two are for T-Mobile and for an apt rental application but I heard those don't count or do they?) EX: 677 (3 inquiries. one is for best buy in september of last year. The other is for the first loan I had (they double pulled TU and EX) that was last year too. The last one is for another loan with the same company that i got the first loan from and they approved me again). My AAoA is about 6 months. I have one credit card from La Curacao (it's like best buy but they're only in CA and AZ) my CL with them is $585 with a 3% utilization. I also have a loan which from the last EX pull and that is a loan for $1800. I have no baddies and no LATE payments EVER. I don't pay rent because I live with my parents, all I pay is some bills ( gas,light and cable) which about $150 every month. I make about 22K a year. My question is, what cards do you guys think i have a shot at? Thanks for the advice everyone!

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 00:30:31 GMT

Discover loves thin files ... I think you have a shot!

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 00:38:19 GMT

What do you want in a credit card? For example, are you just looking for a card for general use or do you want a card for a specific need. As stated, Discover likes thin files and so does Amex.

So go unto the Amex site and see if you are pre-approved for any of their cards.

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 00:41:25 GMT

@Anonymous wrote:
Discover loves thin files ... I think you have a shot!

Which one of the Discover cards would you suggest?

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 00:48:24 GMT

@Anonymous wrote:
What do you want in a credit card? For example, are you just looking for a card for general use or do you want a card for a specific need. As stated, Discover likes thin files and so does Amex.

So go unto the Amex site and see if you are pre-approved for any of their cards.

I think you have to be 21 to get prequals, I've been told that quite a few times ( I'm 18, turning 19 in september) .But I tried it anyway and they don't have any offers for me but they suggested I apply for the BCE, ED and the PRG. Does Amex really like thin files? I thought they were one of the most strict CC issuers...

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 00:50:02 GMT

@Anonymous wrote:
@Anonymous wrote:
Discover loves thin files ... I think you have a shot!

Which one of the Discover cards would you suggest?

Depends on what you want...?

There is the Discover Journey that from my understanding you don't have to be a student.

There is Discover Chrome... and some others !

In my case I prefer the Discover It.

There is a prequal for Discover as well ... as you said you probably can't prequal for that.

Maybe check out your one of your Fico Stores on creditscorecard.com ..

Discover now offers that for free to give you a decent idea of one of your FICO8 scores before you app.

I did no get a prequal and I app'd anyway ... and I was approved.

Approvals are more than just your score.

But you have no baddies and I know someone with your income that was approved.

Come back and let us know!

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 00:51:28 GMT

@Anonymous wrote:
@Anonymous wrote:
What do you want in a credit card? For example, are you just looking for a card for general use or do you want a card for a specific need. As stated, Discover likes thin files and so does Amex.

So go unto the Amex site and see if you are pre-approved for any of their cards.
I think you have to be 21 to get prequals, I've been told that quite a few times ( I'm 18, turning 19 in september) .But I tried it anyway and they don't have any offers for me but they suggested I apply for the BCE, ED and the PRG. Does Amex really like thin files? I thought they were one of the most strict CC issuers...

Yes, that is correct. I didn't see your age in the original post so thanks for inserting it here.

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 00:58:27 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Discover loves thin files ... I think you have a shot!

Which one of the Discover cards would you suggest?
Depends on what you want...?

There is the Discover Journey that from my understanding you don't have to be a student.

There is Discover Chrome... and some others !

In my case I prefer the Discover It.

There is a prequal for Discover as well ... as you said you probably can't prequal for that.
Maybe check out your one of your Fico Stores on creditscorecard.com ..
Discover now offers that for free to give you a decent idea of one of your FICO8 scores before you app.

I did no get a prequal and I app'd anyway ... and I was approved.
Approvals are more than just your score.
But you have no baddies and I know someone with your income that was approved.

Come back and let us know!

I checked their prequal site and thats the only card that came up but I don't know if thats a prequal or just an ad . I already checked my score card and it shows my EX score is 677 like i said before and towards the middle of the page this card comes up but again I don't know if it's a prequal.

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 01:00:08 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Discover loves thin files ... I think you have a shot!

Which one of the Discover cards would you suggest?
Depends on what you want...?

There is the Discover Journey that from my understanding you don't have to be a student.

There is Discover Chrome... and some others !

In my case I prefer the Discover It.

There is a prequal for Discover as well ... as you said you probably can't prequal for that.
Maybe check out your one of your Fico Stores on creditscorecard.com ..
Discover now offers that for free to give you a decent idea of one of your FICO8 scores before you app.

I did no get a prequal and I app'd anyway ... and I was approved.
Approvals are more than just your score.
But you have no baddies and I know someone with your income that was approved.

Come back and let us know!
I checked their prequal site and thats the only card that came up but I don't know if thats a prequal or just an ad . I already checked my score card and it shows my EX score is 677 like i said before and towards the middle of the page this card comes up but again I don't know if it's a prequal.

Im not sure it will give you a prequal due to your age.. .

But let me ask what is the verbage and what is the interest rate range?

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 01:16:28 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
What do you want in a credit card? For example, are you just looking for a card for general use or do you want a card for a specific need. As stated, Discover likes thin files and so does Amex.

So go unto the Amex site and see if you are pre-approved for any of their cards.
I think you have to be 21 to get prequals, I've been told that quite a few times ( I'm 18, turning 19 in september) .But I tried it anyway and they don't have any offers for me but they suggested I apply for the BCE, ED and the PRG. Does Amex really like thin files? I thought they were one of the most strict CC issuers...
Yes, that is correct. I didn't see your age in the original post so thanks for inserting it here.

Yeah I've been told that a lot. I checked my CK and they say I have very good approval odds for the Cap1 QS1 and the Platinum. They have me as fair approval odds for Amex BCE, ED, Chase Freedom/ Sapphire and Slate, BankAmericard cash rewards, and they have me as good approval odds for the journey.

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 01:19:06 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Discover loves thin files ... I think you have a shot!

Which one of the Discover cards would you suggest?
Depends on what you want...?

There is the Discover Journey that from my understanding you don't have to be a student.

There is Discover Chrome... and some others !

In my case I prefer the Discover It.

There is a prequal for Discover as well ... as you said you probably can't prequal for that.
Maybe check out your one of your Fico Stores on creditscorecard.com ..
Discover now offers that for free to give you a decent idea of one of your FICO8 scores before you app.

I did no get a prequal and I app'd anyway ... and I was approved.
Approvals are more than just your score.
But you have no baddies and I know someone with your income that was approved.

Come back and let us know!

Do you know what card the person you know with my income got approved for?

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 01:21:52 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
What do you want in a credit card? For example, are you just looking for a card for general use or do you want a card for a specific need. As stated, Discover likes thin files and so does Amex.

So go unto the Amex site and see if you are pre-approved for any of their cards.
I think you have to be 21 to get prequals, I've been told that quite a few times ( I'm 18, turning 19 in september) .But I tried it anyway and they don't have any offers for me but they suggested I apply for the BCE, ED and the PRG. Does Amex really like thin files? I thought they were one of the most strict CC issuers...
Yes, that is correct. I didn't see your age in the original post so thanks for inserting it here.
Yeah I've been told that a lot. I checked my CK and they say I have very good approval odds for the Cap1 QS1 and the Platinum. They have me as fair approval odds for Amex BCE, ED, Chase Freedom/ Sapphire and Slate, BankAmericard cash rewards, and they have me as good approval odds for the journey.

You can ignore the recommendations on CK. It's paid advertising.

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 01:27:48 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
What do you want in a credit card? For example, are you just looking for a card for general use or do you want a card for a specific need. As stated, Discover likes thin files and so does Amex.

So go unto the Amex site and see if you are pre-approved for any of their cards.
I think you have to be 21 to get prequals, I've been told that quite a few times ( I'm 18, turning 19 in september) .But I tried it anyway and they don't have any offers for me but they suggested I apply for the BCE, ED and the PRG. Does Amex really like thin files? I thought they were one of the most strict CC issuers...
Yes, that is correct. I didn't see your age in the original post so thanks for inserting it here.
Yeah I've been told that a lot. I checked my CK and they say I have very good approval odds for the Cap1 QS1 and the Platinum. They have me as fair approval odds for Amex BCE, ED, Chase Freedom/ Sapphire and Slate, BankAmericard cash rewards, and they have me as good approval odds for the journey.
You can ignore the recommendations on CK. It's paid advertising.

Alright. Do you think i have a shot at Amex? I'm intrested in the BCE because my family spends quite a lot on groceries and gas.

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 01:32:02 GMT

They made apx 25k a year, pays apx $700 in rent. Has student loans and at the time 1 credit card with aps 2k owed on it.

I finally got her to app for Amex and she as approved for 10k a couple of months ago and she still makes the same amount and she was honest... Discover was her 2nd app of that day. Her 3rd was Chase Unlimited Freedom.

You are right on the presipice in going either way. You have credit history with the loans you have and had.

You don't have a high dti and you have a thin file. I know you will probably get approved for Captial One.

You are in the zone. But I don't feel like I should say go for it or not. It is now up to you. What do you want in your wallet?

Now there are a few younger folk on here, in your age bracket and they have done extremely amazingly.

You may want to scour out their posts and maybe PM them ... maybe they can offer different insight that I can.

When I was your age the internet was not as vast as it is now .. and you have all these amazing tools and information.

So if you don't mind losing a few points either way approval or declination on what card you think you may want to start out with .. I can say I give you my blessings and wish you good luck. Everyone has to start somewhere. I had to start with Capital One on my rebuild.. and then when my Equifax hit the sweet spot .. I appd for Discover because I knew I had to do it when my file was thinner as rather than fat. So that is why I app'd with them 2nd. They usually do just 1 pull. Where as Capital One pulls all 3 every time.. except on sp credit increases.

So it's up to you buck-a-roo. But please I am dying to know what the outcome is .. I have a nephew that will be apping in 6 months... so I am interested in young adult applicants.

Be responsible ... don't go nutso like some do in terms of applying for everything under the sun.

Read everything you can ! You will have a 860 score probably before me. lol

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 01:51:09 GMT

@Anonymous wrote:

They made apx 25k a year, pays apx $700 in rent. Has student loans and at the time 1 credit card with aps 2k owed on it.

I finally got her to app for Amex and she as approved for 10k a couple of months ago and she still makes the same amount and she was honest... Discover was her 2nd app of that day. Her 3rd was Chase Unlimited Freedom.

You are right on the presipice in going either way. You have credit history with the loans you have and had.
You don't have a high dti and you have a thin file. I know you will probably get approved for Captial One.
You are in the zone. But I don't feel like I should say go for it or not. It is now up to you. What do you want in your wallet?

Now there are a few younger folk on here, in your age bracket and they have done extremely amazingly.
You may want to scour out their posts and maybe PM them ... maybe they can offer different insight that I can.
When I was your age the internet was not as vast as it is now .. and you have all these amazing tools and information.

So if you don't mind losing a few points either way approval or declination on what card you think you may want to start out with .. I can say I give you my blessings and wish you good luck. Everyone has to start somewhere. I had to start with Capital One on my rebuild.. and then when my Equifax hit the sweet spot .. I appd for Discover because I knew I had to do it when my file was thinner as rather than fat. So that is why I app'd with them 2nd. They usually do just 1 pull. Where as Capital One pulls all 3 every time.. except on sp credit increases.

So it's up to you buck-a-roo. But please I am dying to know what the outcome is .. I have a nephew that will be apping in 6 months... so I am interested in young adult applicants.

Be responsible ... don't go nutso like some do in terms of applying for everything under the sun.
Read everything you can ! You will have a 860 score probably before me. lol

Yeah I want to apply for Amex right now but I'm hesitating due to my file being thin but I want to apply because my EX report is pretty good and I know they check EX 99% of the time. I have my eyes on the BCE because of the groceriees and gas rewards. I don't really want to app for Cap1 because as you said it's 3 pulls. So right now i'm thinking about applying for Discover but I'm not sure which one i have they best odds for. Do you know which bureau Discover pulls? And about me being responisible... I'm a very responsible person. I pay everything about a week before the due date every time. And I do read a lot, I'm ususally on here reading all kinds of post when ever I have time and I'm pretty sure you'll get to the 800s in no time

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 01:57:12 GMT

@Anonymous wrote:
@Anonymous wrote:

They made apx 25k a year, pays apx $700 in rent. Has student loans and at the time 1 credit card with aps 2k owed on it.

I finally got her to app for Amex and she as approved for 10k a couple of months ago and she still makes the same amount and she was honest... Discover was her 2nd app of that day. Her 3rd was Chase Unlimited Freedom.

You are right on the presipice in going either way. You have credit history with the loans you have and had.
You don't have a high dti and you have a thin file. I know you will probably get approved for Captial One.
You are in the zone. But I don't feel like I should say go for it or not. It is now up to you. What do you want in your wallet?

Now there are a few younger folk on here, in your age bracket and they have done extremely amazingly.
You may want to scour out their posts and maybe PM them ... maybe they can offer different insight that I can.
When I was your age the internet was not as vast as it is now .. and you have all these amazing tools and information.

So if you don't mind losing a few points either way approval or declination on what card you think you may want to start out with .. I can say I give you my blessings and wish you good luck. Everyone has to start somewhere. I had to start with Capital One on my rebuild.. and then when my Equifax hit the sweet spot .. I appd for Discover because I knew I had to do it when my file was thinner as rather than fat. So that is why I app'd with them 2nd. They usually do just 1 pull. Where as Capital One pulls all 3 every time.. except on sp credit increases.

So it's up to you buck-a-roo. But please I am dying to know what the outcome is .. I have a nephew that will be apping in 6 months... so I am interested in young adult applicants.

Be responsible ... don't go nutso like some do in terms of applying for everything under the sun.
Read everything you can ! You will have a 860 score probably before me. lol

Yeah I want to apply for Amex right now but I'm hesitating due to my file being thin but I want to apply because my EX report is pretty good and I know they check EX 99% of the time. I have my eyes on the BCE because of the groceriees and gas rewards. I don't really want to app for Cap1 because as you said it's 3 pulls. So right now i'm thinking about applying for Discover but I'm not sure which one i have they best odds for. Do you know which bureau Discover pulls? And about me being responisible... I'm a very responsible person. I pay everything about a week before the due date every time. And I do read a lot, I'm ususally on here reading all kinds of post when ever I have time and I'm pretty sure you'll get to the 800s in no time

Discover mostly pulls Equifax! But not always! Some states they pull differently!

Google Credit Pulls Database ! You can check what others had pulled and with what scores etc.

Its really helpful in giving stats on credit cards that you may want to app for now and down the road.

Are you a student at all?

If not that is fine as well. Although student would be easiest.

I don't think that they are all that much different then each other in terms of stips.

Maybe the Journey one is easy as well.

Its hard to app that very first 1 ! Then it becomes hard to stop app'ing sometimes.

Funny how that works.

Re: Thin file, credit card suggestions?

SouthJamaica — Wed, 24 Aug 2016 01:57:44 GMT

@Anonymous wrote:
Hello everyone, I want to apply for a credit card but I'm not sure which one to apply for. Here are some details about my credit profile. I HAVE A THIN FILE. My FICO scores are EQ: 675 (2 inquiries. one was for AT&T for cable, does that count too? the other is for a living room that I got for my parents but I paid it off already.) TU: 650 (4 inquiries. 1 for a CC which is the one I have, another one for a loan which was approved but paid I paid it off. The other two are for T-Mobile and for an apt rental application but I heard those don't count or do they?) EX: 677 (3 inquiries. one is for best buy in september of last year. The other is for the first loan I had (they double pulled TU and EX) that was last year too. The last one is for another loan with the same company that i got the first loan from and they approved me again). My AAoA is about 6 months. I have one credit card from La Curacao (it's like best buy but they're only in CA and AZ) my CL with them is $585 with a 3% utilization. I also have a loan which from the last EX pull and that is a loan for $1800. I have no baddies and no LATE payments EVER. I don't pay rent because I live with my parents, all I pay is some bills ( gas,light and cable) which about $150 every month. I make about 22K a year. My question is, what cards do you guys think i have a shot at? Thanks for the advice everyone!

I say go for the Barclay Rewards card; it's Barclay's entry level card, and it pays 2% cash for utilities, groceries, and gas.

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 01:58:40 GMT

by prequalified, do you mean on the 'check to see if you're pre approved' pages or do you mean getting mail and email offers?

Re: Thin file, credit card suggestions?

SouthJamaica — Wed, 24 Aug 2016 01:58:51 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
What do you want in a credit card? For example, are you just looking for a card for general use or do you want a card for a specific need. As stated, Discover likes thin files and so does Amex.

So go unto the Amex site and see if you are pre-approved for any of their cards.
I think you have to be 21 to get prequals, I've been told that quite a few times ( I'm 18, turning 19 in september) .But I tried it anyway and they don't have any offers for me but they suggested I apply for the BCE, ED and the PRG. Does Amex really like thin files? I thought they were one of the most strict CC issuers...
Yes, that is correct. I didn't see your age in the original post so thanks for inserting it here.
Yeah I've been told that a lot. I checked my CK and they say I have very good approval odds for the Cap1 QS1 and the Platinum. They have me as fair approval odds for Amex BCE, ED, Chase Freedom/ Sapphire and Slate, BankAmericard cash rewards, and they have me as good approval odds for the journey.

Those statements on CK are NOT true; they are meaningless advertising. Disregard.

Re: Thin file, credit card suggestions?

Anonymous — Wed, 24 Aug 2016 02:03:06 GMT

@Anonymous wrote:
by prequalified, do you mean on the 'check to see if you're pre approved' pages or do you mean getting mail and email offers?

Pre-Qual sites where you can check online first. But problem here is that OP is not of age so it probably won't give any realistic information. They did not get anything in the mail that I know of ...

Barclay is not a bad bet .. I don't have them so I cannot vouche for them.

Discover It is giving the matching cash back when your year is up with them.

So if you earn $200 with them they will match you another $200. $100 for a $100.

Good luck.. tell me what you see in the Data Pulls Database.