topic Re: I'm Addicted to applying for Cards in Credit Cards

I'm Addicted to applying for Cards

Anonymous — Fri, 08 Jan 2016 05:14:17 GMT

I don't know what's wrong with me.... I've applied for 15 cards within the last week I even apply for cards that I know I'm not gonna be approved for!?

Re: I'm Addicted to applying for Cards

Anonymous — Fri, 08 Jan 2016 05:16:37 GMT

Freeze your reports?

Re: I'm Addicted to applying for Cards

elim — Fri, 08 Jan 2016 05:19:33 GMT

Don't worry, It will come back around and smack you right out of it.

here is the magic secret to stop.

Re: I'm Addicted to applying for Cards

Anonymous — Fri, 08 Jan 2016 05:21:46 GMT

I'd change your addiction to gardening and responsibily managing your lines of credit. Watching your score grow can be just as addicting, and discourage from more app sprees.

Re: I'm Addicted to applying for Cards

NRB525 — Fri, 08 Jan 2016 05:21:54 GMT

15 is a large number of apps in one week.

Start listing them out. In order for you to get in the right frame of mind to stop, first you have to acknowledge what you have applied for, and what the reason was when you applied.

Also list out the cards you were denied. That provides good information back to you also.

If you list them in the sequence you applied, often you can start seeing trends with maybe some approvals initially, but then more and more commonly denials.

Knowing the facts helps you to face the truth about what you did, and to think through next time you decide to app again.

Re: I'm Addicted to applying for Cards

Anonymous — Fri, 08 Jan 2016 05:25:52 GMT

Maybe try to find something else to focus on?

If you had been browsing the "Approvals" section before registering here, I suggest staying out of there.

Re: I'm Addicted to applying for Cards

TrialByFire — Fri, 08 Jan 2016 05:54:11 GMT

Not sure if trolling or serious. Could work either way with your first post down thread of "apply for it". If you think there's an apping issue, freeze your reports and seriously stay away from the approvals section. When you start setting up all those online accounts, you may find its more than you want to keep up with. If you think you'll be tempted to over use all of em just cut em up, light em on fire, freeze em in ice or something. Climbing out of a mountain of CC debt is not fun.

Re: I'm Addicted to applying for Cards

creditguy — Fri, 08 Jan 2016 06:44:49 GMT

Once every lender has turned you down you'll get tired of applying and find something else to move on to. In all seriousness you will be rejected more than you'll be approved if you keep this up and you'll only dig your future rejection hole even deeper by piling up inquiries.

Take whatever you currently have and appreciate it, nurture it and build it, and in time, your apping itch like all things, shall pass, good luck.

Re: I'm Addicted to applying for Cards

bodyboy1 — Fri, 08 Jan 2016 07:50:12 GMT

>You know you have a problem... You don't know what's wrong!? Keep applying for credit.. You'll figure it out... Then you convince these people you are crazy, good show, go for 20.. 25.. Ruin the credit you already have. ... And that's just your 2,nd post

Re: I'm Addicted to applying for Cards

SouthJamaica — Fri, 08 Jan 2016 12:19:14 GMT

@Anonymous wrote:
I don't know what's wrong with me.... I've applied for 15 cards within the last week I even apply for cards that I know I'm not gonna be approved for!?

I hate to say it, but being on this forum is probably the worst possible thing for you.

Re: I'm Addicted to applying for Cards

Anonymous — Fri, 08 Jan 2016 12:54:27 GMT

Yep, I had the "App Itch" .. now I'm addicted to gardening and watching my scores grow as my accounts age.

Re: I'm Addicted to applying for Cards

takeshi74 — Fri, 08 Jan 2016 13:21:14 GMT

@Anonymous wrote:
I don't know what's wrong with me.... I've applied for 15 cards within the last week I even apply for cards that I know I'm not gonna be approved for!?

Address whatever the issue is. Constantly applying is not sustainable. If you have credit seeking activity that is deemed excessive for your credit profile it will be a red flag to creditors. Your credit seeking activity can impact your existing accounts.

When you are in shape to apply then sort out your needs/wants and use that to select cards that suit you versus just applying. Form a strategy and stick to it. Applying should be an effect, not a cause.

Re: I'm Addicted to applying for Cards

Anonymous — Fri, 08 Jan 2016 14:57:45 GMT

get off this forum, only reason I'm able to garden is because I simply can't get the cards I want.

If I had higher credit score I'd probably have to retire from myfico just so I dont go crazy checking for the latest deals.

I still do even though it doesnt do me any good

Re: I'm Addicted to applying for Cards

baller4life — Fri, 08 Jan 2016 15:25:59 GMT

Re: I'm Addicted to applying for Cards

Anonymous — Fri, 08 Jan 2016 15:41:40 GMT

@baller4life wrote:

Agree 100%

Re: I'm Addicted to applying for Cards

Anonymous — Sat, 09 Jan 2016 00:13:14 GMT

well atleast it was done around the same time, so a good chunk of those inquiries will fall off in 2 years.

Re: I'm Addicted to applying for Cards

Anonymous — Sat, 09 Jan 2016 01:42:32 GMT

I feel ya! I've been there. I posted something very similar in August. I just came out of the garden to get a Venture, and am going back in. The best thing to do is seriously stay off the forums. Work on caring for your current cards and getting CLI. Sometimes CLI can be just as fun in 6 months or so. I know the rush from an approval! It's fun, but not worth it. Good luck

Re: I'm Addicted to applying for Cards

Anonymous — Sat, 09 Jan 2016 01:43:01 GMT

There's nothing wrong with being addicted to applying for cards.

Re: I'm Addicted to applying for Cards

bodyboy1 — Sat, 09 Jan 2016 02:15:27 GMT

paperchasers wrote:

There's nothing wrong with being addicted to applying for cards.

> HA HA HA HA HA, LOL!!! > it's not funny! in fact it's sad! ... you are rite! it's Wrong to act on that addiction and actually continue to apply for Cards, less lone for cards/Accounts that you are Denied for.. whether you need or Want them. you can be a credit card collector without Debt, like Myself & others (Ron), you can have a credit card junkie/ HOARDER like myself or others who want something app for it & get it! opposed to just apping for something to App!> then it's time for Intervention or Mental help. > Most of the time When a person Cries out, (They Need help!)

Re: I'm Addicted to applying for Cards

Anonymous — Sat, 09 Jan 2016 05:39:02 GMT

@bodyboy1 wrote:

@Anonymous wrote:
There's nothing wrong with being addicted to applying for cards.
> HA HA HA HA HA, LOL!!! > it's not funny! in fact it's sad! ... you are rite! it's Wrong to act on that addiction and actually continue to apply for Cards, less lone for cards/Accounts that you are Denied for.. whether you need or Want them. you can be a credit card collector without Debt, like Myself & others (Ron), you can have a credit card junkie/ HOARDER like myself or others who want something app for it & get it! opposed to just apping for something to App!> then it's time for Intervention or Mental help. > Most of the time When a person Cries out, (They Need help!)

I have went a little crazy. But my scores have improved. I still cant believe I have 25 inquiries. That is ridiculous!

6/2013 care credit joint, approved $3k

9/2013 cap1 denied

4/2014 chase denied, disco denied, credit one approved

9/2014 commerce bank 2k visa approved

12/2014 1k cap1 qs approved

4/2015 amazon $850 approved

5/2015 $1200 sams approved, $5k amex ed approved

6/2015 2k delta approved, prg approved

7/2015 2k citi dc approved, chase hyatt denied, ihg 5k approved

9/2015 2.1k BOA amtrak approved jointly

10/2015 SP lenovo 4k approved, CU 3k visa approved

12/2015 2nd commerce approved, 1st commerce closed, limits combined

This tells me that things were going great around may/june. But once I started the frenzy, my limits were held down. Luckily I have some CLIs here and there. BOA denial was a huge indicator. As well as Chase needing recons. But honestly with no need for any major loans, my credit was just wasting. I have done fairly well with points and bonuses to add to couponing. I would not have anybody do this though unless they didnt need anything major too. I am sure if I was not super OCD with my payments/balances this would not be the case! Had I waited I am sure my starting limits with BOA/Chase/Citi would be much higher.

You wont get rich from credit cards that is for certain. But they do make traveling nice. I try to mix a little Ramsey and a little Orman.