topic Re: anyone on here thinks I got a shot at Simmons Bank ? in Credit Card Applications

anyone on here thinks I got a shot at Simmons Bank ?

SnowBowl — Tue, 04 Oct 2016 22:30:22 GMT

Okay, I need any inputs from anyone on this site. as I am nearing 9 years old BK.

here my scores from varies of sources. 735 from this site, 708 Next Gen 2 from PenFed, 744 from Discover and lastly 751 from Citi.

bottom line, should I give it a shot ? or wait until BK falls off completely ? thoughts ?

Re: anyone on here thinks I got a shot at Simmons Bank ?

baller4life — Tue, 04 Oct 2016 23:37:59 GMT

Definitely wait on bk to fall off. Simmons has some of the strictest UW criteria out there. VERY few members here have a Simmons card. So you want to be in tip top shape when you app. Very few inqs/new accounts,very low util, absolutely no baddies and mid to high 700's at least.

Simmons and Penfed were my Holy Grails when I was rebuilding. I got Penfed. But, not ready for Simmons yet. 😩

Re: anyone on here thinks I got a shot at Simmons Bank ?

joltdude — Tue, 04 Oct 2016 22:45:21 GMT

NOPE

Simmons may use Sagestream or Innovis and still "find" your BK...

I wouldnt bother with Simmons... You can get a ultra low apr from many CUs with a lot less drama

-J

Re: anyone on here thinks I got a shot at Simmons Bank ?

woodyman100 — Tue, 04 Oct 2016 22:53:19 GMT

@SnowBowl wrote:
Okay, I need any inputs from anyone on this site. as I am nearing 9 years old BK.
here my scores from varies of sources. 735 from this site, 708 Next Gen 2 from PenFed, 744 from Discover and lastly 751 from Citi.
bottom line, should I give it a shot ? or wait until BK falls off completely ? thoughts ?

From what I've seen, I would let the BK fall off.

You would more than likely see a rise in score as well.

Simmons is pretty tough!

I have a Simmons App posted to the wall in my office as a goal. (Can't garden more than 10 mins though so it taint gonna happen)

Re: anyone on here thinks I got a shot at Simmons Bank ?

baller4life — Tue, 04 Oct 2016 23:13:55 GMT

@woodyman100 wrote:
@SnowBowl wrote:
Okay, I need any inputs from anyone on this site. as I am nearing 9 years old BK.
here my scores from varies of sources. 735 from this site, 708 Next Gen 2 from PenFed, 744 from Discover and lastly 751 from Citi.
bottom line, should I give it a shot ? or wait until BK falls off completely ? thoughts ?
From what I've seen, I would let the BK fall off.
You would more than likely see a rise in score as well.
Simmons is pretty tough!
I have a Simmons App posted to the wall in my office as a goal. (Can't garden more than 10 mins though so it taint gonna happen)

😂😂

Re: anyone on here thinks I got a shot at Simmons Bank ?

ddemari — Wed, 05 Oct 2016 00:01:24 GMT

I read a lot about this bank last year and from various sources i gathered this; Simmon's lies to pull TU, they meet once a week as a board and manually go through applications and then send them off to underwriting, scores belown 780 might get in, but 780+ with little to zero inquiries, nothing negative on your credit report and low utilization will get you an approval. Any approvals over $10,000 require poi.

id definitely wait till you had a spotless cr. I had a similiar fascination to PenFed and was able to get in nicely with them. but, simmons id only do after a 24 month detox.

Re: anyone on here thinks I got a shot at Simmons Bank ?

Burned2manybridgesB4 — Wed, 05 Oct 2016 04:02:46 GMT

Simmons, and Iberia.....drop trausers, grab ankles, prepare for microscope......

Re: anyone on here thinks I got a shot at Simmons Bank ?

austinguy907 — Wed, 05 Oct 2016 04:13:32 GMT

Burned2manybridgesB4 wrote:

Simmons, and Iberia.....drop trausers, grab ankles, prepare for microscope......

We can always count on your comic relief around here!!

Re: anyone on here thinks I got a shot at Simmons Bank ?

Anonymous — Wed, 05 Oct 2016 04:16:49 GMT

Every time I enter my information at Cardmatch.com I am pre-approved for the Simmons cards. To be honest, I am not impressed with their cards. I would use a Solid Waste Authorities Visa with a great APR before I would even try to obtain one of these. The banks who are hardest to get loans from only care about themselves. You have hundreds of other sources out there to meet your needs.

Re: anyone on here thinks I got a shot at Simmons Bank ?

austinguy907 — Wed, 05 Oct 2016 04:22:17 GMT

@Anonymous wrote:
Every time I enter my information at Cardmatch.com I am pre-approved for the Simmons cards. To be honest, I am not impressed with their cards. I would use a Solid Waste Authorities Visa with a great APR before I would even try to obtain one of these. The banks who are hardest to get loans from only care about themselves. You have hundreds of other sources out there to meet your needs.

It's called marketing. Everyone is matched with Simmons, First Premier, and probably Chase/Cap1....

Re: anyone on here thinks I got a shot at Simmons Bank ?

Burned2manybridgesB4 — Wed, 05 Oct 2016 04:23:31 GMT

@austinguy907 wrote:
@Burned2manybridgesB4 wrote:
Simmons, and Iberia.....drop trausers, grab ankles, prepare for microscope......

We can always count on your comic relief around here!!

Re: anyone on here thinks I got a shot at Simmons Bank ?

austinguy907 — Wed, 05 Oct 2016 04:48:31 GMT

On a side note. Looks like they've been scooping up some smaller banks over the last few years and even have a pending merger in the works currently.

https://en.wikipedia.org/wiki/Simmons_Bank

Maybe they're tyring to bulk up a bit and switching from a Quality over Quantity approach in the next few years to compete for a bigger share of swipe fees.

Re: anyone on here thinks I got a shot at Simmons Bank ?

morgacj2004 — Wed, 05 Oct 2016 05:03:54 GMT

A tough nut to crack. Toughest UW on the planet. No Baddies is a must. Give it some more time

Re: anyone on here thinks I got a shot at Simmons Bank ?

Anonymous — Wed, 05 Oct 2016 05:12:33 GMT

Smallfries, tell me how I am whining?

Re: anyone on here thinks I got a shot at Simmons Bank ?

morgacj2004 — Wed, 05 Oct 2016 05:33:35 GMT

Show off!

Re: anyone on here thinks I got a shot at Simmons Bank ?

SnowBowl — Wed, 05 Oct 2016 18:06:25 GMT

LMAO! HOLY! 2 pages and I just logged in .. some of it is funny like the baller posts anyways thanks for all info. just saved me an INQ hit.

hey baller, what if you get pre approval from simmon banks would you app? I don't even know anyone who has gotten pre approval mail from them. so it gotta be rare as a golden chicken egg lol.

Re: anyone on here thinks I got a shot at Simmons Bank ?

baller4life — Wed, 05 Oct 2016 18:20:24 GMT

Even with a preapproval(which I doubt they even mail out), I wouldn't app unless I was 800+ with 0 inqs and util under 5%. I am so serious. Anyone that has Simmons or Iberia has definitely moved on up to the east side! 😅

Re: anyone on here thinks I got a shot at Simmons Bank ?

FicoScore626 — Thu, 06 Oct 2016 10:03:38 GMT

@austinguy907 wrote:
@Anonymous wrote:
Every time I enter my information at Cardmatch.com I am pre-approved for the Simmons cards. To be honest, I am not impressed with their cards. I would use a Solid Waste Authorities Visa with a great APR before I would even try to obtain one of these. The banks who are hardest to get loans from only care about themselves. You have hundreds of other sources out there to meet your needs.
It's called marketing. Everyone is matched with Simmons, First Premier, and probably Chase/Cap1....

You know your scores have hit rock bottom when First Premier doesn't even appear as a match for you, Lol.

For the record, I'm NOT entertaining the idea of inviting First Premier into my life, I just find it funny that they seem to be keeping their distance from me now.

Re: anyone on here thinks I got a shot at Simmons Bank ?

Anonymous — Thu, 06 Oct 2016 10:22:29 GMT

Take a look at the Barclay Ring Master Card. Underwriting is less restrictive and the card has better terms for a basically no rewards card. Simmons and Iberia generally issue lower credit limits with virtually no rewards and the underwriting is probably the toughest for any card issuer. There are other options out there and Simmons/Iberia don't like baddies.

Re: anyone on here thinks I got a shot at Simmons Bank ?

Anonymous — Thu, 06 Oct 2016 22:23:55 GMT

I agree with Dinosaur. Might suit your needs just as well. Worth a look.

I personally am aiming for a 2020 Crystal Infinite/Marukai combo. City National Bank is close to my apartment and I will have them as well as Marukai when my last baddies fall. 3.25 years left before I strike for some difficult cards.