topic Re: APPLYING FOR CREDIT AT THE END OF THE MONTH in Credit Card Applications

APPLYING FOR CREDIT AT THE END OF THE MONTH

Anonymous — Sun, 09 Feb 2020 18:07:31 GMT

Hi Guys!! At the end of the month ...my two Primaries...will be at both 6 months in age..

MJC 5K Limit($0 BALANCE)

OpenSky $200 Card

Discover AU 9.5K 7.5 YEARS AGE

AMEX AU 20K

Experian will have only 1 Inquiry....

Once i pay down my opensky,,,im pretty sure i will be like 710-740 FICO

I am going to pay down my opensky card to less than a $5 balance...my goal is to get a AMEX BCE..you guys think i have a good chance?

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

Remedios — Sun, 09 Feb 2020 18:18:23 GMT

Have you tried prequal on their website?

Not having one doesn't mean you wouldn't get approved, but having one is a nice indicator it might happen.

Do you have any negatives on your CR?

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

Anonymous — Sun, 09 Feb 2020 18:22:06 GMT

Hi! Thanks for applying to me.experian is clean..no baddies and no lates..when i do the prequalification...zero offers show up

@Remedios wrote:
Have you tried prequal on their website?
Not having one doesn't mean you wouldn't get approved, but having one is a nice indicator it might happen.

Do you have any negatives on your CR?

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

Remedios — Sun, 09 Feb 2020 18:23:39 GMT

What's the age of your oldest account?

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

Anonymous — Sun, 09 Feb 2020 18:30:07 GMT

By the time i Apply..the age of my oldest primary will be 6 months..both my primaries will be 6 months

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

Remedios — Sun, 09 Feb 2020 18:42:09 GMT

I would wait a bit longer. Without AU accounts, you wouldn't even have a FICO score quite yet.

Amex is not averse to young files, but I'd wait unless you dont mind $500 approval, without SUB, and highest APR.

Another lender that's not averse to young files is Discover.

I'm not sure if you tried their prequal.

I think if you have one, you should grab it (as long as it aligns with your spending),wait 6 months if approved, then go knocking on Amex's door.

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

Anonymous — Sun, 09 Feb 2020 18:47:04 GMT

Nice!! Discover is on my mind as well...my income is over 70K...so i hope the limit wouldnt be $500,,,scared of the whole 4506-t thing from Discover..but i can def try it

@Remedios wrote:
I would wait a bit longer. Without AU accounts, you wouldn't even have a FICO score quite yet.
Amex is not averse to young files, but I'd wait unless you dont mind $500 approval, without SUB, and highest APR.

Another lender that's not averse to young files is Discover.
I'm not sure if you tried their prequal.
I think if you have one, you should grab it (as long as it aligns with your spending),wait 6 months if approved, then go knocking on Amex's door.

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

CreditInspired — Sun, 09 Feb 2020 21:29:40 GMT

IMHO, I dont think you would be approved for an AmX BCE because your credit profile is extremely thin.

Also, what is MJC?

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

AllZero — Sun, 09 Feb 2020 21:32:10 GMT

My Jewelers Club?

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

MrPepperoni — Sun, 09 Feb 2020 21:36:56 GMT

I am trying to apply for this card too in the end of the month, probably on the same day with Citi Costco to get both. I saw profiles here who is getting approved for BCE at 8 months of history and good limits like 4-8k..

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

Anonymous — Sun, 09 Feb 2020 21:40:54 GMT

My profile was thin at the time of my BCE approval, and still is lol. I had 3 cards and 1 year after I was approved for my first CC, I was approved for BCE with similar scores to yours with no negatives.

Re: APPLYING FOR CREDIT AT THE END OF THE MONTH

Girlzilla88 — Sun, 09 Feb 2020 21:46:38 GMT

For Amex I would wait for the 1 year mark for sure to better be safe But if you plan on opping for several cards at the 6months that will change things I if possible why not do a prequal at the 1 year mark and see what it says and if it's still looking like a no go see if you can get better offers through DISCO etc at that point 1 year is better than 6 months for sure