topic Re: Lowes in Credit Card Applications

Lowes

Shawndoe79 — Mon, 24 Aug 2015 01:33:14 GMT

I keep hearing about these awesome limit increases for lowes accounts. Whats the minimum score needed to get a lowes account. It seems like all you need to do is get a foot in the door and then call credit solutions. THis would be an awesome utilization buffer. My scores dropped due to recent new accounts but my income is 70K. Would I have a chance, I think Synch hates me as I was declined for an Ashley Furniture account back in May, but I was only 4 mos post BK7 at the time. I really want this card as I would love to do some appliance upgrades!

Re: Lowes

taxi818 — Mon, 24 Aug 2015 01:42:44 GMT

@Shawndoe79 wrote:
I keep hearing about these awesome limit increases for lowes accounts. Whats the minimum score needed to get a lowes account. It seems like all you need to do is get a foot in the door and then call credit solutions. THis would be an awesome utilization buffer. My scores dropped due to recent new accounts but my income is 70K. Would I have a chance, I think Synch hates me as I was declined for an Ashley Furniture account back in May, but I was only 4 mos post BK7 at the time. I really want this card as I would love to do some appliance upgrades!

Well as far as scores go you would be fine. Low to mid 600s would get you in. But im not sure about a recent BK. So on that i cannot give advice.

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 01:50:18 GMT

Yes in May that was the reason for the Ashley furniture store decline but I was only 4 mos post bk7 and only had small credit limit on cards for a total of about $1000. I am in much better shape now however, that decline still weighs heavy on my brain lol

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 01:53:39 GMT

I think Ive read somewhere on the forum, that the magic number is 6mos - 1yr post Bk for Synchrony

Re: Lowes

taxi818 — Mon, 24 Aug 2015 01:55:50 GMT

Really. That's pretty good. So I'm guessing you are 8 months out? Have you tried another synch card? Like Walmart or Amazon store?

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 02:13:41 GMT

No I haven't tried anything synchrony since they hurt my feelings lol

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 02:14:33 GMT

Yes I'm 8 months out

Re: Lowes

Anonymous — Mon, 24 Aug 2015 11:25:44 GMT

I know it appears that way but not everyone is getting increases right away. My Tu was 670-680 i believe, and i got 800 and constant denials from credit solutions and chat so far. I have 4000 walmart and 3500 amazon so its ok, i know in time it will grow.

Just didnt want to see you apply for the wrong reasons.

Ill bite my words when after fourth statement they give me >5000 lol

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 11:27:37 GMT

@Anonymous wrote:
I know it appears that way but not everyone is getting increases right away. My Tu was 670-680 i believe, and i got 800 and constant denials from credit solutions and chat so far. I have 4000 walmart and 3500 amazon so its ok, i know in time it will grow.

Just didnt want to see you apply for the wrong reasons.

Ill bite my words when after fourth statement they give me >5000 lol

Lol Thanks for the advice

Re: Lowes

ojefferyo — Mon, 24 Aug 2015 17:01:36 GMT

@Shawndoe79 wrote:
I keep hearing about these awesome limit increases for lowes accounts. Whats the minimum score needed to get a lowes account. It seems like all you need to do is get a foot in the door and then call credit solutions. THis would be an awesome utilization buffer. My scores dropped due to recent new accounts but my income is 70K. Would I have a chance, I think Synch hates me as I was declined for an Ashley Furniture account back in May, but I was only 4 mos post BK7 at the time. I really want this card as I would love to do some appliance upgrades!

I would check the TU Fico to see where you really sit, they are a TU puller. When I app'd I got $4k, I immediately got on the phone and asked for an increase. They asked how much I wanted and I said $35k. She puts me on hold for a minute and comes back approved. My TU at the time was at 780 and no baddies on my CR.

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 17:36:07 GMT

@ojefferyo wrote:
@Shawndoe79 wrote:
I keep hearing about these awesome limit increases for lowes accounts. Whats the minimum score needed to get a lowes account. It seems like all you need to do is get a foot in the door and then call credit solutions. THis would be an awesome utilization buffer. My scores dropped due to recent new accounts but my income is 70K. Would I have a chance, I think Synch hates me as I was declined for an Ashley Furniture account back in May, but I was only 4 mos post BK7 at the time. I really want this card as I would love to do some appliance upgrades!
I would check the TU Fico to see where you really sit, they are a TU puller. When I app'd I got $4k, I immediately got on the phone and asked for an increase. They asked how much I wanted and I said $35k. She puts me on hold for a minute and comes back approved. My TU at the time was at 780 and no baddies on my CR.

I know my TU is 633 and I don't need $35k lol. Only maybe $5k for Kitchen appliances. However I only have 3 inquiries on TU.

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 17:38:44 GMT

But would love the utilization buffer

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 17:45:53 GMT

Would Walmart or Amazon be easier than lowes? I just don't want a denial if I'm taking a HP

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 18:22:59 GMT

Welp took the bait, got 7-10 day message pretty sure it's a denial. I'm convinced Synchrony hates me. No more apps unless they are SPs or Cap1 prequal site

Re: Lowes

ojefferyo — Mon, 24 Aug 2015 19:42:58 GMT

Sorry to hear

Re: Lowes

ojefferyo — Mon, 24 Aug 2015 19:44:21 GMT

@Shawndoe79 wrote:
@ojefferyo wrote:
@Shawndoe79 wrote:
I keep hearing about these awesome limit increases for lowes accounts. Whats the minimum score needed to get a lowes account. It seems like all you need to do is get a foot in the door and then call credit solutions. THis would be an awesome utilization buffer. My scores dropped due to recent new accounts but my income is 70K. Would I have a chance, I think Synch hates me as I was declined for an Ashley Furniture account back in May, but I was only 4 mos post BK7 at the time. I really want this card as I would love to do some appliance upgrades!
I would check the TU Fico to see where you really sit, they are a TU puller. When I app'd I got $4k, I immediately got on the phone and asked for an increase. They asked how much I wanted and I said $35k. She puts me on hold for a minute and comes back approved. My TU at the time was at 780 and no baddies on my CR.
I know my TU is 633 and I don't need $35k lol. Only maybe $5k for Kitchen appliances. However I only have 3 inquiries on TU.

I don't need the $35k either but it's nice to have in case you do. I got the card so I could get the 5% off since I plan on doing some stuff around the house. So far I've ran about $1k though it lol

Re: Lowes

Shawndoe79 — Mon, 24 Aug 2015 19:44:26 GMT

Anybody have a number to check the status for a lowes app?

Re: Lowes

ojefferyo — Mon, 24 Aug 2015 19:59:14 GMT

@Shawndoe79 wrote:
Anybody have a number to check the status for a lowes app?

Normally if approved it would be instant with synchrony. Check the backdoor number page

Re: Lowes

jim44 — Mon, 24 Aug 2015 22:10:22 GMT

@Shawndoe79 wrote:
I keep hearing about these awesome limit increases for lowes accounts. Whats the minimum score needed to get a lowes account. It seems like all you need to do is get a foot in the door and then call credit solutions. THis would be an awesome utilization buffer. My scores dropped due to recent new accounts but my income is 70K. Would I have a chance, I think Synch hates me as I was declined for an Ashley Furniture account back in May, but I was only 4 mos post BK7 at the time. I really want this card as I would love to do some appliance upgrades!
I feel your pain Shawn. Granted, my first store card HHGregg was approved 17 months post discharge but 6 more approvals after that within a four year period. Was even approved for a $5k CLI on my Lowes card 8/14 I joined Sams Club and applied for the store card at the store. Denied. The SC clerk said she had made a mistake and applied for the SCMC. I tried again online on 11/14, denied again. ?? BK was given for the reason both times. Maybe a Robo denial? I was also told by a forum member Synchrony does not do recons...... My first 7 approvals were all with GE. Maybe not a coincidence.

Now I want to try with Ashley to take advantage of their no interest promotion. I'm like you, I can't help but take denial personally it's just my nature. But their big labor day sale is fast approaching............... and another HP.

Best of luck with Synchrony. It seems they are not so giving as GE was .

Re: Lowes

Anonymous — Fri, 18 Sep 2015 15:37:27 GMT

Applied at 3AM and got approved for $400, lol!!!!!! Hit agent up on chat when they opened for Synchrony at 9AM and got instant approval for 12k. TU 714, EQ 696, EX 704. Going hit them up again in a week when Util and paydowns hit my report. Only took 2 point hit on TU score for HP.