topic Applied for Jared in Credit Cards

Applied for Jared

Red1Blue — Wed, 12 Dec 2007 04:32:08 GMT

I got Kay for 5K and I applied for Jared and it said, I'll hear from them in 10 days. I am not sure what that means. I thought Kay and Jared share the same CL. Does it mean they have to do manual review and send me the jared card for the same CL?

Re: Applied for Jared

Anonymous — Wed, 12 Dec 2007 04:34:35 GMT

Maybe they are two separate lines or maybe they reallocate one from the other if you apply for both...hmmm. Keep us posted.

Re: Applied for Jared

Red1Blue — Wed, 12 Dec 2007 04:37:16 GMT

I should not have applied for Jared. Now I have to wait another 10 days to figure out what is happening. I should have been happy with the Kay Card.

Re: Applied for Jared

Anonymous — Wed, 12 Dec 2007 04:50:07 GMT

The INQ's should merge - so don't sweat that part

Need help finding something?

I love a princess cut- the DW too.

Re: Applied for Jared

Red1Blue — Wed, 12 Dec 2007 04:52:16 GMT

Yes, I want to buy some thing nice for DW and 3 Daughters ( 15 and 9 and 9). Suggestions greatly appreciated.

Re: Applied for Jared

Anonymous — Wed, 12 Dec 2007 05:03:52 GMT

I have twin boys born April 98

What does the DW need- a ring?

Earings or nice necklace or bracelet for the girls.

@Red1Blue wrote:
Yes, I want to buy some thing nice for DW and 3 Daughters ( 15 and 9 and 9). Suggestions greatly appreciated.

Re: Applied for Jared

Anonymous — Wed, 12 Dec 2007 08:02:37 GMT

@Red1Blue wrote:
I got Kay for 5K and I applied for Jared and it said, I'll hear from them in 10 days. I am not sure what that means. I thought Kay and Jared share the same CL. Does it mean they have to do manual review and send me the jared card for the same CL?

Jared does not do instant approvals. If you got Kay, odds are you'll get Jared at the same limit. Both cards will actually share the same credit line, but will report separately. This is great for utilization. You can also get J.B. Robinson and another one I forget the name. All owned by Sterling.

Re: Applied for Jared

Anonymous — Wed, 12 Dec 2007 11:52:17 GMT

I also recently got a Kay card and apped for Jared. I called Jared to confirm application and was approved over the phone, same CL, and yes they are shared. As far as reporting I do not know yet. I am hoping that they report separately though, that would be nice for UTI.

~aaagirl1

Re: Applied for Jared

Red1Blue — Wed, 12 Dec 2007 12:18:34 GMT

I'll call Jared and ask them about the app. Did they pull a seperate CR for you when you applied for Jared?

Re: Applied for Jared

Anonymous — Wed, 12 Dec 2007 12:34:11 GMT

Yes, unfortunately 2 hards on equifax. Maybe if you call and ask for a soft? The cards came very quickly too, within 7 days.

~aaagirl1

Re: Applied for Jared

Anonymous — Wed, 12 Dec 2007 14:13:52 GMT

Seeing a lot of Jared questions lately.

Guess I'll throw mine in the ring.

I keep reading they share limits. So if I have Jared, Kay and JBRobinson they will share the same amount? I have Kay at $6000 and since my Equifax was clear I figured I'd apply for the other two.

Re: Applied for Jared

Red1Blue — Wed, 12 Dec 2007 16:59:13 GMT

I called Jared CS. They said they have should have my app there by tomorrow. I'll know tomorrow if they have approved it for me.

Re: Applied for Jared

Creditaddict — Wed, 12 Dec 2007 18:52:12 GMT

They approved me for Kay, then applied for Jared... got the message then received the card the next week. They did however pull 2 HARD PULLS!

Re: Applied for Jared

Anonymous — Wed, 12 Dec 2007 19:05:33 GMT

concorduser wrote:

I called Jared CS. They said they have should have my app there by tomorrow. I'll know tomorrow if they have approved it for me.

Did they explain how the shared lines work? I don't do jewelry store cards but am definitely intrigued

Re: Applied for Jared

Creditaddict — Wed, 12 Dec 2007 19:15:46 GMT

My only question is becuase there shared... if I use my Kays card today... like im going to! I deserve diamonds for christmas... will that balance report on my Jared card too... or will my Jared just sit there with a nice 0 balance and high cl to give me great util!!?

Re: Applied for Jared

Red1Blue — Wed, 12 Dec 2007 19:18:57 GMT

Hi CreditAddict, join the club of confusion. I am still trying to figure out the same thing. How they treat the shared CL and how they report.

Re: Applied for Jared

Anonymous — Wed, 12 Dec 2007 19:56:49 GMT

Meeee tooooo!

~aaagirl1

Re: Applied for Jared

Red1Blue — Thu, 13 Dec 2007 14:35:07 GMT

I checked my CR and there is a new hard from Sterling for the Jared. My inq's are only 4 on EQ I guess it is not too bad. I have to wait and see if the Jared card is approved and how it will show on my CR.

Re: Applied for Jared

Anonymous — Thu, 13 Dec 2007 15:29:01 GMT

I have Kay, Jared and J.B. Robinson. My Kay account reports a $1900 balance. The other two report $0.00 balance. They are great for lowering utilization. Just beware that their minimum payment is a larger percentage than the major CC's. On the $1900 balance, my minimum payment is $120 per month.

Re: Applied for Jared

Creditaddict — Thu, 13 Dec 2007 15:40:25 GMT

Woohooo... JBRobinson too!!

I just applied (hear within 7 days message)

3 new credit lines with $1500 a piece would be to fab for my credit

Although my orchard bank card opened on my credit report with a $1 balance and my score on EQ dropped from 588-552... AS IF!

Hopefully within a couple months of that aging, it will go well past the original.