topic Re: Sears Credit Card in Credit Cards

Sears Credit Card

Kay_Cee — Sat, 28 Mar 2009 13:39:22 GMT

I'm thinking about opening a store card at Sears just for the convenience when using an employee discount. I've called the back door number and credit central and can't get any information on minimum approval criteria. My credit score with EQ is 706 and TU is at 715; no lates, no derogs for the last three years and I'm using about 6% of my available credit. I've got open TLs at AMEX, Chase MC, Target Visa, an HSBC Discover, and three store cards (Carson's backed by HSBC,Ann Taylor - WFNNB and Macy's - FDS). I don't want to waste the hard pull if I'm not pretty sure I'll get approved. Any expert opinions out there??

Thanks for all of your help! You're awesome!!

Re: Sears Credit Card

Anonymous — Sat, 28 Mar 2009 13:54:07 GMT

Based upon what you posted, I'm sure you would be approved for an account, unless you opened a lot of these account recently. Please share your results if you app.

Message Edited by txjohn on 03-28-2009 06:54 AM

Re: Sears Credit Card

Kay_Cee — Sat, 28 Mar 2009 14:17:00 GMT

With the exception of my AMEX (opened in 1987) my other accounts are relatively new. 2 were openend 11/07 and the rest were opened last year; Target 3/08, Ann Tyalor 5/08, Macy's 9/08 and Chase 12/08. All of the inquiries I have resulted in card issuance. What do you think?

Thanks!

Re: Sears Credit Card

Anonymous — Sat, 28 Mar 2009 19:01:40 GMT

I wouldn't get too many cards in too short a period, especially if in the last 6 to 12 months. Too much credit in too short a time period can be a bad signal to creditors and possibly subject you to AA.

Re: Sears Credit Card

Anonymous — Sun, 29 Mar 2009 05:19:06 GMT

From what you have posted i bet you will be approved. But from what ive read it looks like Sears may pull Ex and you didnt list any info about Ex. I also plan on apping for Sears in June.

Re: Sears Credit Card

Kay_Cee — Sun, 29 Mar 2009 16:50:32 GMT

My FAKO score with EX is 723 but, I think I'm just going to sit back and let my accounts age a bit. Thanks for the feedback! Let us know how you make out when you app for Sears.

Re: Sears Credit Card

Anonymous — Tue, 31 Mar 2009 02:45:53 GMT

You have to be careful if you've opened too many cards in the past years, esp the past 6 mo. I would wait until most accounts are at least a yr old.

Re: Sears Credit Card

Kay_Cee — Mon, 06 Apr 2009 15:05:10 GMT

I bit the bullet the other night while at work and apped for the store card. Instant approval with a $2K limit and the Citi backed card. The limit is about $1900 more than I need but, I'll keep it. They pulled EQ according to the free credit monitoring I get through Experian and MSN Money. No notice from Scorewatch yet and I'll pay the balance before the statement cuts.

EQ - 706

TU - 715

Re: Sears Credit Card

krielly — Mon, 06 Apr 2009 19:23:59 GMT

I used to have 2 sears accounts, both in good standing, however they closed both when I filed BK. (not because I owed them but simply because I was bk)

Anyhow, since I DID BK on Citicard, I'm sure I'm blacklisted forever now from having a Sears card, correct???

I just realized not too long ago that Citicard is not reporting to ANY of the 3 bureaus on me.....strange. I'm sure they have me on a list SOMEWHERE though, don't you think??

Re: Sears Credit Card

Anonymous — Mon, 06 Apr 2009 22:12:47 GMT

Congrats and i hope to join you in June. Im surprised they pulled EQ I assumed it be a EX pull.

Message Edited by cartercorp on 04-06-2009 03:12 PM

Re: Sears Credit Card

elaine829 — Fri, 12 Feb 2010 04:08:58 GMT

Hi, make sure your utilization is down because when i applied just recently with a 680 equifax score which they pulled. They denied me because of my use of other revolving credit cards. I knew my utilization was high 28 percent but i thought i would get approve for at least something, but wasnt.

Re: Sears Credit Card

BungalowMo — Fri, 12 Feb 2010 17:41:44 GMT

@Kay_Cee wrote:
No notice from Scorewatch yet and I'll pay the balance before the statement cuts.

EQ - 706
TU - 715

That's the important part! Any interest you pay will likely zero out any employee discount you got.

Re: Sears Credit Card

Anonymous — Sun, 24 Mar 2013 15:29:51 GMT

yes,you are wright.If avoid to keep our credit score high, limit the number of credit cards if you apply for within a short period of time. "Every time you apply for new credit, that application shows up on your credit report, so you'll shoot yourself in the foot if you apply for a number of credit cards hoping to get one," Hardekopf says. The more cards you apply for, the more likely you are to be seen as a "credit seeker," a less-than-desirable label for someone who wants to maintain good credit. then You don't want to apply for credit that you don't need

Edit: removed HTML link, post fine otherwise. --Rev

Re: Sears Credit Card

Anonymous — Sat, 23 Mar 2013 12:04:21 GMT

Krielli i had a bk with citi in it 6 yrs ago and got approved last yr with 9k and 10k

They pull equifax for Thank you card and Experian for Hilton reserve card

Oh and congrats to the poster on the recent approval

Re: Sears Credit Card

HiLine — Sun, 24 Mar 2013 07:33:05 GMT

@Anonymous wrote:
Krielli i had a bk with citi in it 6 yrs ago and got approved last yr with 9k and 10k

They pull equifax for Thank you card and Experian for Hilton reserve card

Oh and congrats to the poster on the recent approval

Congratulations!!!

Re: Sears Credit Card

improvingmycredit — Sun, 24 Mar 2013 08:01:27 GMT

Hey aaronedward!
Welcome to the forums! Just a friendly note: this thread is over 3 years old. :-). Might want to check the dates on threads when posting. I'm sure that these posters have already received their replacement cards because they have hit their expiration date for renewal.