topic Re: Want To Apply For Addison CU Visa!!!!!!!!! in Credit Cards

Want To Apply For Addison CU Visa!!!!!!!!!

Ron1 — Wed, 29 Jul 2009 00:53:48 GMT

Hi, I have been reading messages for a while without posting. I joined Addison last week after I read txjohn threads. Their customer services were very nice as txjohn said. Now I want to apply for Cash Back Platinum Visa. Now I had Alliant CU Visa, LOC ,other major ccs. I wanted to have this card as a daily use card or backup card. I had perfect credit history, no past due. no late and got 3 INQS within six months. My questions are:

Is it tough card to get? Was it instantly approved? Where did they pull? Does they need income vertification? Should I wait to apply?

Thanks.

Ron.

Message Edited by Ron1 on 07-28-2009 05:53 PM

Re: Want To Apply For Addison CU Visa!!!!!!!!!

wmarat — Wed, 29 Jul 2009 03:11:29 GMT

1. I Think that this card is easier than PenFed, but harder than First Premier to get.

2. I have not met CU which is capable to approve instantly. Most LO contact applicants either personally, or electronically (Addison sent me emails and voice messages).

3. Experian

4. Yes

5. You should be OK, go ahead.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Anonymous — Wed, 29 Jul 2009 03:15:56 GMT

@wmarat wrote:
1. I Think that this card is easier than PenFed, but harder than First Premier to get.

2. I have not met CU which is capable to approve instantly. Most LO contact applicants either personally, or electronically (Addison sent me emails and voice messages).

3. Experian

4. Yes

5. You should be OK, go ahead.

PenFed can and does instantly approve some CC applications. Some - not a lot.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

wmarat — Wed, 29 Jul 2009 03:20:17 GMT

Never happened (in my case), but everything is possible.

@Anonymous wrote:
@wmarat wrote:
1. I Think that this card is easier than PenFed, but harder than First Premier to get.

2. I have not met CU which is capable to approve instantly. Most LO contact applicants either personally, or electronically (Addison sent me emails and voice messages).

3. Experian

4. Yes

5. You should be OK, go ahead.
PenFed can and does instantly approve some CC applications. Some - not a lot.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Anonymous — Wed, 29 Jul 2009 03:26:52 GMT

It happened in this house - just not to me. It happended to Her Ladyship when she asked for a $10K CC when she was probably qualified for a $50K card (which she was recently offered and accepted a bump to $30K). Neither of us has ever been asked for anything by them.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Ron1 — Wed, 29 Jul 2009 05:31:44 GMT

Thanks for your reply. Do you think they will ask for income vertification if I asked for 5K? I'm self-employed and I may have problems to show them paystub. How long does it take to get a decision?

Ron.

Message Edited by Ron1 on 07-28-2009 10:26 PM

Message Edited by Ron1 on 07-28-2009 10:31 PM

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Ron1 — Wed, 29 Jul 2009 05:29:42 GMT

Thanks for your reply. Should I go for LOC first? Let build some credit history with them.

Ron.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Anonymous — Wed, 29 Jul 2009 05:30:49 GMT

@Ron1 wrote:
Thanks for your reply. Do you think they will ask for income vertification if I asked for 5K? I'm self-employed and I may have problems to show them paystub.
Ron.

Not sure if you are talking about Addison or PenFed. You always have to be prepared to submit proof of income to PenFed, and self-employed individuals have reported having problems with approvals there.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Anonymous — Wed, 29 Jul 2009 05:32:39 GMT

@Ron1 wrote:
Thanks for your reply. Should I go for LOC first? Let build some credit history with them.

Ron.

That's a good question, LOC or cc? I'd be interested in hearing from posters with experience or insight into that question.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Ron1 — Wed, 29 Jul 2009 05:34:32 GMT

I don't have Penfed yet. I'm sorry. I didn't make myself clear. I'm talking about Addison CU.

Ron.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Anonymous — Wed, 29 Jul 2009 05:34:57 GMT

Both are unsecured credit lines. I very much doubt it makes any difference as far as approval is concerned.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Anonymous — Wed, 29 Jul 2009 05:39:46 GMT

@Anonymous wrote:
Both are unsecured credit lines. I very much doubt it makes any difference as far as approval is concerned.

I've noticed LOC's tend to have lower APR. If your primary purpose is to have cash available, it probably makes sense to get a LOC since cash advance on a cc is a much higher APR and usually the "kiss of death".

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Ron1 — Wed, 29 Jul 2009 05:40:38 GMT

LOC for Checking Overdraft may be easier than CC. I think it depends on their policy. I called to them to ask some info about cc. They (CSR) wasn't able to answer my question and they were supposed to call me back. I haven't heard from them since.

Thanks for the reply.

Ron.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Ron1 — Wed, 29 Jul 2009 05:45:34 GMT

I want to apply for both LOC to cover checking in case of insufficent funds and cc as a backup card/ normal daily use card (if Chase/BofA close my account). I know I only can apply for either one at a time when I am a new member.

Ron.

Re: Want To Apply For Addison CU Visa!!!!!!!!!

Ron1 — Wed, 29 Jul 2009 17:41:04 GMT

What CL did you ask for?

Do you have any past due? baddies?

How long did it get approved?

How many INQ(s) did you have?

Thanks.

Ron.