topic Re: My chances w/ Barclay's? in Credit Cards

My chances w/ Barclay's?

Anonymous — Tue, 03 Jan 2012 15:50:52 GMT

My current Macbook is about 3 1/2 y/o old and... it's about time to replace it. I'm wondering what my chances are with Barclay's.

Last score I pulled was last month and TU was 689 and EQ was 674, down bc I accidently let my Zync report about $1200 on it. This last time I paid it off before statement cut so right now reports should have me at about 21% uti. I know that's high but I'd like to get the computer soon if I can.

I app'd for Barclay's last year when I started rebuilding and they told me to get a year of history. I opened my Cap1 card last January and current CR say no late payments in 3 years. AAoA is 5 years.

Current cards/accounts and opened dates:

Cap 1- 750 CL (Jan. 11)

WalMart- 1300 CL (Aug. 11)

Amex Zync- NPSL (Oct. 11)

Auto Loan w/ Toyota (March 11)

I have 6 Inq's in the last year and I believe they all show on Experian. TU only shows WalMart and Cap1. EQ shows auto loans from March and Cap1 & Discover from last Jan.

Re: My chances w/ Barclay's?

Anonymous — Tue, 03 Jan 2012 15:52:22 GMT

With those scores you should very easily be approved for 2k on an Apple Card. Make sure you call and recon if you get approved for less

Re: My chances w/ Barclay's?

pizzadude — Tue, 03 Jan 2012 16:00:36 GMT

I agree, you should be in great shape for approval ~ go for it ! And definately recon if you need more CL for your purchase.

Re: My chances w/ Barclay's?

daveg38 — Tue, 03 Jan 2012 16:03:24 GMT

Here is some encouragement:

In conjunction with my "I *Heart* Barclays' thread, my scores were as follows:

EQ: 627

TU: 617

EX: 589

13 inquiries last two years. 1 collection, 54% utilization at the time of application. Backdoor approved for $350, increased today to $1350 and still await my card.

The two decisive factors used in my quest for this card:

1) Honesty. Told the truth about high INQ's and baddie.

2) Perfect current CC payment history. That is #1 with Barclays so far that I can tell.

My cards, combined, now went from 54% utilization (Fingerhut included) down to a miniscule 1.5% virtually overnight - and statement day for all is next week.

Re: My chances w/ Barclay's?

CS800 — Tue, 03 Jan 2012 16:07:16 GMT

@Anonymous wrote:
My current Macbook is about 3 1/2 y/o old and... it's about time to replace it. I'm wondering what my chances are with Barclay's.

Last score I pulled was last month and TU was 689 and EQ was 674, down bc I accidently let my Zync report about $1200 on it. This last time I paid it off before statement cut so right now reports should have me at about 21% uti. I know that's high but I'd like to get the computer soon if I can.
I app'd for Barclay's last year when I started rebuilding and they told me to get a year of history. I opened my Cap1 card last January and current CR say no late payments in 3 years. AAoA is 5 years.
Current cards/accounts and opened dates:
Cap 1- 750 CL (Jan. 11)
WalMart- 1300 CL (Aug. 11)
Amex Zync- NPSL (Oct. 11)
Auto Loan w/ Toyota (March 11)

I have 6 Inq's in the last year and I believe they all show on Experian. TU only shows WalMart and Cap1. EQ shows auto loans from March and Cap1 & Discover from last Jan.

I see no problem at all as previous people said for an approval. On the CL, I do not know.

Re: My chances w/ Barclay's?

Anonymous — Tue, 03 Jan 2012 16:16:40 GMT

i got approved for $1000. you have longer history then me and higher scores... you'll get it no problem!

Re: My chances w/ Barclay's?

Anonymous — Tue, 03 Jan 2012 18:09:13 GMT

@Anonymous wrote:
My current Macbook is about 3 1/2 y/o old and... it's about time to replace it. I'm wondering what my chances are with Barclay's.

Last score I pulled was last month and TU was 689 and EQ was 674, down bc I accidently let my Zync report about $1200 on it. This last time I paid it off before statement cut so right now reports should have me at about 21% uti. I know that's high but I'd like to get the computer soon if I can.
I app'd for Barclay's last year when I started rebuilding and they told me to get a year of history. I opened my Cap1 card last January and current CR say no late payments in 3 years. AAoA is 5 years.
Current cards/accounts and opened dates:
Cap 1- 750 CL (Jan. 11)
WalMart- 1300 CL (Aug. 11)
Amex Zync- NPSL (Oct. 11)
Auto Loan w/ Toyota (March 11)

I have 6 Inq's in the last year and I believe they all show on Experian. TU only shows WalMart and Cap1. EQ shows auto loans from March and Cap1 & Discover from last Jan.

(I Believe) The version of Fico that Barclays uses is not the same that is purchased here. Your Zync Payment should not be used in your utilization so your TU Fico may in fact be higher than you think. Barclays usually checks your TU CR and will check your EX if they need a second opinion, but 6 inqs won't alarm them if they are older or if you can explain. I think your vitals will merit an instant approval but you never know until you try!

Re: My chances w/ Barclay's?

Anonymous — Wed, 04 Jan 2012 16:54:43 GMT

Thought I'd update... I decided to apply this morning.

Approved for $1290. Not my highest limit.... Walmart is my highest with $1300. I don't think $1290 will actually cover the cost of the cheapest Macbook Pro and service plan so I'm thinking of calling when I get my card for a CLI. Have 30 days to take advantage of special financing so I may wait till I get the card and then head over to one of the apple stores here in Dallas so I can have computer in hand that day.

I continue to be amazed at the knowledge and help from this board. Went from charge off in undergrad days ( just about 5 or 6 years ago) to an Amex in my wallet (Zync but still an Amex) and now almost $3400 is total credit to me.

Re: My chances w/ Barclay's?

Anonymous — Wed, 04 Jan 2012 16:56:24 GMT

I'd call the backdoor right now, plenty of people who've recon'd before receiving the card and getting an increase! good luck!

Re: My chances w/ Barclay's?

pizzadude — Wed, 04 Jan 2012 17:10:31 GMT

Congrats on the approval !! I would be suprised if they didn't bump your CL when you call. Just explain that you are shopping and need a new computer, and need at least 2K or 2500...

Re: My chances w/ Barclay's?

Anonymous — Wed, 04 Jan 2012 17:14:35 GMT

@Anonymous wrote:
I'd call the backdoor right now, plenty of people who've recon'd before receiving the card and getting an increase! good luck!

+1 call right now dont wait for the card, you should be able to recon for atleast 2k

Re: My chances w/ Barclay's?

mAndrew1980 — Wed, 04 Jan 2012 18:08:26 GMT

You'll get approved for 2000-2500CL on recon. My credit profile was not good and I got 2000CL on recon. At the time I had three baddies, less than a year of credit history, 5 INQ's on TU, and about 670 FICO.

Enjoy the new Mac and congrats on a nice credit portfolio.

Re: My chances w/ Barclay's?

Anonymous — Wed, 04 Jan 2012 18:20:18 GMT

Had to wait till lunch break but I called for a CLI. Credit Analyst in the US verified my income. Asked how much in currently in savings and checkings. Told him $2000 should be good to buy Macbook, protection plan and Microsoft office for it. Said he noticed my good history and managing all my other accounts so approved for the $2k.

Highest limit card to date.... so excited about it.

Re: My chances w/ Barclay's?

Anonymous — Wed, 04 Jan 2012 20:05:25 GMT

That's super - Congrats!

Re: My chances w/ Barclay's?

Anonymous — Wed, 04 Jan 2012 20:56:56 GMT

Congrats thats awesome

Re: My chances w/ Barclay's?

learnin113 — Wed, 04 Jan 2012 21:01:36 GMT

You go Tina!

Re: My chances w/ Barclay's?

LS2982 — Thu, 05 Jan 2012 00:26:11 GMT

@Anonymous wrote:
Thought I'd update... I decided to apply this morning.

Approved for $1290. Not my highest limit.... Walmart is my highest with $1300. I don't think $1290 will actually cover the cost of the cheapest Macbook Pro and service plan so I'm thinking of calling when I get my card for a CLI. Have 30 days to take advantage of special financing so I may wait till I get the card and then head over to one of the apple stores here in Dallas so I can have computer in hand that day.

I continue to be amazed at the knowledge and help from this board. Went from charge off in undergrad days ( just about 5 or 6 years ago) to an Amex in my wallet (Zync but still an Amex) and now almost $3400 is total credit to me.

Congrats!!!! Barclays is awesome!

Re: My chances w/ Barclay's?

Anonymous — Thu, 05 Jan 2012 00:30:48 GMT

and lets us know what happens

Re: My chances w/ Barclay's?

Anonymous — Thu, 05 Jan 2012 00:32:15 GMT

im so slow

Re: My chances w/ Barclay's?

LS2982 — Thu, 05 Jan 2012 00:39:48 GMT

@Anonymous wrote:
im so slow