topic Re: Recent approvals - credit rebuilding in Credit Cards

Recent approvals - credit rebuilding

Anonymous — Tue, 26 Oct 2010 19:07:35 GMT

My current scores are:

TU 709

EQ 658

I have two small revolving tradelines with Capital One ($500 balance $47) and Truliant Federal Credit Union ($500 balance $0)

3 unpaid judgments from 2005

2 paid charge off's with WFNNB (Express and Ny&Co) set to drop in 2012

In the past 2 weeks I have app'd and received:

Lowe's - $400 CL

Sam's Club - $800 CL

Crate and Barrel - $750 CL, hit CLI button, approved for $2500

Pottery Barn - $1550 CL

Arhaus Furniture - $4000 CL, hit CLI button, approved for $7000 (shocked!)

Just thought I would share. Happy to have a higher avail credit. Plan to keep UTI below 9%

Re: Recent approvals - credit rebuilding

Anonymous — Wed, 27 Oct 2010 02:27:38 GMT

Incredible job!

Re: Recent approvals - credit rebuilding

fused — Wed, 27 Oct 2010 02:34:14 GMT

I agree, very good work!

Re: Recent approvals - credit rebuilding

Anonymous — Wed, 27 Oct 2010 14:18:41 GMT

Thanks! Let the credit gardening begin!

Re: Recent approvals - credit rebuilding

Anonymous — Wed, 27 Oct 2010 17:20:24 GMT

Good work. I have a few questions, though.

Are these all store cards? Or can you use them anywhere (in other words, do they have a VISA or MC stamp)?

If they're store cards, do you really shop a lot at these places or did you just enhance your portfolio with new accounts for the sake of having new accounts that are easier to obtain?

Your next goal should be then to obtain more good general credit cards that will serve you in the long run, no matter where you shop. I am a skeptic when it comes to store cards. They clutter up your reports and don't really grow with you (well, that Arhaus card seems generous, though, doesn't it?). Anyway, just a couple of thoughts.

Re: Recent approvals - credit rebuilding

Anonymous — Wed, 27 Oct 2010 17:31:59 GMT

Great questions wollepopolle! Yes, they are all store cards and yes, I shop at these stores regularly (with the exception of Arhaus, however, I do plan to purcahse a few furniture pieices from them) which is why I chose them in addititon to the desire to enhance my portfolio. They will be the only store cards I have!

My next goal will be to increase my revolving limit with my credit Union.

Re: Recent approvals - credit rebuilding

Pushto700 — Wed, 27 Oct 2010 17:43:51 GMT

@Anonymous wrote:
My current scores are:

TU 709
EQ 658

I have two small revolving tradelines with Capital One ($500 balance $47) and Truliant Federal Credit Union ($500 balance $0)
3 unpaid judgments from 2005
2 paid charge off's with WFNNB (Express and Ny&Co) set to drop in 2012

In the past 2 weeks I have app'd and received:

Lowe's - $400 CL
Sam's Club - $800 CL
Crate and Barrel - $750 CL, hit CLI button, approved for $2500
Pottery Barn - $1550 CL
Arhaus Furniture - $4000 CL, hit CLI button, approved for $7000 (shocked!)

Just thought I would share. Happy to have a higher avail credit. Plan to keep UTI below 9%

Tremendous.

Re: Recent approvals - credit rebuilding

Creditaddict — Wed, 27 Oct 2010 18:13:25 GMT

@Anonymous wrote:
My current scores are:

TU 709
EQ 658

I have two small revolving tradelines with Capital One ($500 balance $47) and Truliant Federal Credit Union ($500 balance $0)
3 unpaid judgments from 2005
2 paid charge off's with WFNNB (Express and Ny&Co) set to drop in 2012

In the past 2 weeks I have app'd and received:

Lowe's - $400 CL
Sam's Club - $800 CL
Crate and Barrel - $750 CL, hit CLI button, approved for $2500
Pottery Barn - $1550 CL
Arhaus Furniture - $4000 CL, hit CLI button, approved for $7000 (shocked!)

Just thought I would share. Happy to have a higher avail credit. Plan to keep UTI below 9%

On Crate and Barrel and Arhaus, were those instant CLI or did you click the button and then check a couple days later? do you know if they pulled Credit? I thought WFFNB didn't pull credit but just wanted to double check

Re: Recent approvals - credit rebuilding

Anonymous — Wed, 27 Oct 2010 21:00:19 GMT

Creditaddict, I hit the CLI button in the morning and the new limit was available to view online in the afternoon. No, they did not pull credit for the CLI request, they just asked for income.

Re: Recent approvals - credit rebuilding

fused — Thu, 28 Oct 2010 01:55:53 GMT

@Anonymous wrote:

No, they did not pull credit for the CLI request, they just asked for income.

Nice! More credit without being harded.

Re: Recent approvals - credit rebuilding

creditchild — Thu, 28 Oct 2010 03:09:10 GMT

miss forward do you know what cra they paulled your credit from? i want to get a sam's card.

my score is a 633(EQ) TU 623. with a bk from 2006 i just dont want to waste any inquires.

Thanks!

Re: Recent approvals - credit rebuilding

Creditaddict — Thu, 28 Oct 2010 03:27:48 GMT

EQ usually

Re: Recent approvals - credit rebuilding

Anonymous — Thu, 28 Oct 2010 14:45:58 GMT

creditchild, for me they pulled TU. Sam's is GEMB. So is Lowe's and they also pulled TU. WFNNB pulled EX for Pottery, Crate and Barrel, and Arhaus.