topic Re: Newegg Store Credit in Credit Card Applications

Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 18:20:39 GMT

Hey guys,

I was just wondering if anyone with bad credit has had experience with applying for and getting accepted for Newegg's store credit. It seems like they might be pretty liberal about it, but I honestly have no clue and don't want to risk running a hard pull without having some inormation on their underwriting.

Thanks

Re: Newegg Store Credit

peghede — Sun, 18 Jun 2017 18:25:59 GMT

its a crap card .small credit limits and hard to cli.it's from Synchrony R.I.P.

Re: Newegg Store Credit

AverageJoesCredit — Sun, 18 Jun 2017 18:36:04 GMT

R.i.p

Re: Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 18:43:46 GMT

Well is there any other info you have on it, as that doesn't really provide any usefull infor, or anything else you'd recommnd like amazon, microcenter etc?

Re: Newegg Store Credit

peghede — Sun, 18 Jun 2017 19:09:38 GMT

was hard for me to get the egg account, when they finally aprroved me they give me $800 sl , took about 2 yrs to cli to $2400 and then Synchrony R.I.P and lexus nexus bs and i closed all my accounts with them myself.

every time they HP when u cli request, stay away from it.

Also i have microcenter card from w fargo ,have it for about 8 yrs sl $900 same today.i use it every 11 months for like 5 bucks so they don't close it.also they HP when u try to cli.

amazon another disaster,

keep looking those 3 are poop.

Re: Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 19:10:10 GMT

It depends on what you are looking to buy. If it's electronics/computers, there's Bestbuy (not sure if it's for bad credit), Amazon (Chase has become stricter now) and Walmart.

My bet would be on Walmart. Try giving it a shot. You may get 300 or at best 500 limit but it's a good start.

Re: Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 19:14:27 GMT

I'm looking to use it for electronics. I need a new monitor for work so those are generally pretty enexpenisve for what I need. I have zero interes in BestBuy. Really just looking for a store card to help my score out since it's in the mid 500s

Re: Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 19:16:06 GMT

Try Walmart. They've electronics too (both brick and mortar and onsite)..

Re: Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 19:19:28 GMT

Yeah I was just looking at them. Some intersting stuff. Even though it's a store card, I'm super weary of getting a hard pull just to be rejected since my score is in the 500s.

Re: Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 19:22:04 GMT

OK, here's the deal. If you don't want to risk being rejected but willing to pay a little more in instalments, Fingerhut is for you.

I don't usually recommend but for low 500s, there's a definite chance of getting approved. But be aware, you may end up paying $150 for a $100 monitor (even though it's in instalments)....good thing is they approve poor credit and CLIs and CB reporting happen regularly.

Re: Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 19:24:49 GMT

Lol $100 monitor. The ones I need with the resolution, refresh rate and color accuracy run more than $350, hence why I wanted credit to pay it off. I

I lad looked into Fingerhut because I was doing some research but wasn't entirely comfortable with it without hearing about it from someon else.

Re: Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 19:33:44 GMT

There was no need for sarcasm here...we are all trying to help each other out and I learnt a great deal from this forum which improved my scores from 540s to 730s now...

The $100 was just an example. Whether you go for 27" 4K Samsung monitor which costs $6365 or Acer which costs $385, the concept is the same. You will end up paying higher with Fingerhut.

Re: Newegg Store Credit

Anonymous — Sun, 18 Jun 2017 19:56:10 GMT

I found it funny given the context of getting credit to pay for a $100 monitor, that's all. I personally just found it humorous. I appreciate the advice quite a bit, but who really cares about something that I personally found funny. Wasn't sarcasm just my sense of humor when I read that.

Re: Newegg Store Credit

peghede — Sun, 18 Jun 2017 20:54:29 GMT

microcenter they won't approve you with that low score,new egg same. trust me.

Re: Newegg Store Credit

AverageJoesCredit — Sun, 18 Jun 2017 23:53:44 GMT

With mid 500's score id recommend checking out the rebuild section as youll get better advice on what kind of card you might find with those scores. Fingerhut is great to rebuild credit but i dont know their minimum. If Newegg is backed by Sync, id imagine youd need to be at least somewhere in the 600s . Perhaps get a secured credit card somewhere and purchase the screen you need that way so you can build your credit at same time.

Re: Newegg Store Credit

Anonymous — Mon, 19 Jun 2017 00:17:38 GMT

With scores in the 500's, I really think your best overall option is to get a good secured card and fund it for as much as you can. It's unlikely you'll get approved for any worthwhile unsecured card at that level, and even if you do it'll almost certainly be with an undesirable long-term set of terms (small credit line, very high APR, etc.) Walmart is notorious for handing out small lines to subprime customers, though that being said CLI's are reportedly fairly easy to get; I was quite surprised when I got approved for $1,200 earlier this month - I was expecting something more like $500. I haven't been able to get a CLI yet on my $800 Amazon Prime store card dating from last November, though from what I've learned on this site I now suspect the main reason is that I haven't cracked the 650 mark on TU (which is irritating because I'm well above that on both EQ and EX). I used to shop regularly at my local Micro Center though I haven't been back there in a while; maybe later on when my inquiries have cooled down a bit I may try getting that card (I'm in the market for a new laptop).

Re: Newegg Store Credit

Anonymous — Mon, 19 Jun 2017 04:16:12 GMT

If overstock has anything you'd be interested in, try for that since if you get it through the SCT then there's no HP (usually. Some report a HP even with SCT but mine was a SP

Re: Newegg Store Credit

Total80sKid — Mon, 19 Jun 2017 05:08:32 GMT

My scores are over 630 and Overstock gave me my lowest limit of $350

But they are worth a shot, esp with the SCT.

Re: Newegg Store Credit

Anonymous — Mon, 19 Jun 2017 05:12:06 GMT

Wow awesome. You guys have given me some great info. I do currently hav ea secured card with NFCU, but I really need a couple more lines of credit to start making some real progress.

Re: Newegg Store Credit

Anonymous — Mon, 19 Jun 2017 06:34:31 GMT

I have the Newegg store credit card 800sl, Auto cli to 3k, with 2013 charge offs showing but I do have long long history with Synchrony Bank. I have bought a motorcycle thru them, carecredit 7k limit, and my JCPenney card is over 20 years old. Someone with some bad marks but very little history probably will not get this success I have