topic Re: First Post, First Store card LOWE'S in Credit Cards

First Post, First Store card LOWE'S

Anonymous — Sun, 29 Jan 2012 18:20:23 GMT

Hello myfico world. first post here. first, i love this place. this place is so full of empowering consumer info. thanks all. i found this place when i stopped ignoring my credit that i destroyed years ago. filed freecredit report and saw a FAKO score of 550. i was depressed. didnt know it was a FAKO score at the time. on the upside, my credit wasnt near as bad as i expected. 2 no pays totalling $1300. and no credit history. i went to my bank, got a secured loan for $300, cuz i remembered that that was a good way to start. completed, and got another one with a year for $1000. paid off. after this, my credit union who is workin with me on this rebuilding plan, University Federal Credit Union, helped me apply and receive a secured visa with $500 limit. oh, before this i settled both my no pays. well fast forward to today, and my current TU FICO IS 686, EX FAKO=687, and EQ=629. i expect these scored to go up as my Util this month is 88%. that wont happen again as ive learned about posting dates and util ratios. will keep it around 5% from here on out. AAoA is only a year now. just found this site after i did all that other stuff on my own. wish i woulda found it sooner, oh well. Today after reading this site for days, i got the courage/jones to apply for a store card. applied for Lowes online and was instantly approved for $300. i was ok with that limit cuz i was just psyched to get approved. but after reading hear i decided what the hell, and called back door to lowes. i requested an increase to $1500. was asked questions, then transferred to underwriting. she askd more quesitons and reviewd my report, Equifax by the way. she returned after a few and said she was sorry she couldnt honor my request. i was like dammm. then she said your NEW CREDIT LIMIT is $900. i was pleased. thanks myfico forumites!

Re: First Post, First Store card

LS2982 — Sun, 29 Jan 2012 17:26:55 GMT

@Anonymous wrote:
Hello myfico world. first post here. first, i love this place. this place is so full of empowering consumer info. thanks all. i found this place when i stopped ignoring my credit that i destroyed years ago. filed freecredit report and saw a FAKO score of 550. i was depressed. didnt know it was a FAKO score at the time. on the upside, my credit wasnt near as bad as i expected. 2 no pays totalling $1300. and no credit history. i went to my bank, got a secured loan for $300, cuz i remembered that that was a good way to start. completed, and got another one with a year for $1000. paid off. after this, my credit union who is workin with me on this rebuilding plan, University Federal Credit Union, helped me apply and receive a secured visa with $500 limit. oh, before this i settled both my no pays. well fast forward to today, and my current TU FICO IS 686, EX FAKO=687, and EQ=629. i expect these scored to go up as my Util this month is 88%. that wont happen again as ive learned about posting dates and util ratios. will keep it around 5% from here on out. AAoA is only a year now. just found this site after i did all that other stuff on my own. wish i woulda found it sooner, oh well. Today after reading this site for days, i got the courage/jones to apply for a store card. applied for Lowes online and was instantly approved for $300. i was ok with that limit cuz i was just psyched to get approved. but after reading hear i decided what the hell, and called back door to lowes. i requested an increase to $1500. was asked questions, then transferred to underwriting. she askd more quesitons and reviewd my report, Equifax by the way. she returned after a few and said she was sorry she couldnt honor my request. i was like dammm. then she said your NEW CREDIT LIMIT is $900. i was pleased. thanks myfico forumites!

Congrats on your progress with rebuilding! May be good to join the Garden Club and watch your scores grow and futher CLI's come your way!

Re: First Post, First Store card

Trigga — Sun, 29 Jan 2012 17:27:25 GMT

@Anonymous wrote:
Hello myfico world. first post here. first, i love this place. this place is so full of empowering consumer info. thanks all. i found this place when i stopped ignoring my credit that i destroyed years ago. filed freecredit report and saw a FAKO score of 550. i was depressed. didnt know it was a FAKO score at the time. on the upside, my credit wasnt near as bad as i expected. 2 no pays totalling $1300. and no credit history. i went to my bank, got a secured loan for $300, cuz i remembered that that was a good way to start. completed, and got another one with a year for $1000. paid off. after this, my credit union who is workin with me on this rebuilding plan, University Federal Credit Union, helped me apply and receive a secured visa with $500 limit. oh, before this i settled both my no pays. well fast forward to today, and my current TU FICO IS 686, EX FAKO=687, and EQ=629. i expect these scored to go up as my Util this month is 88%. that wont happen again as ive learned about posting dates and util ratios. will keep it around 5% from here on out. AAoA is only a year now. just found this site after i did all that other stuff on my own. wish i woulda found it sooner, oh well. Today after reading this site for days, i got the courage/jones to apply for a store card. applied for Lowes online and was instantly approved for $300. i was ok with that limit cuz i was just psyched to get approved. but after reading hear i decided what the hell, and called back door to lowes. i requested an increase to $1500. was asked questions, then transferred to underwriting. she askd more quesitons and reviewd my report, Equifax by the way. she returned after a few and said she was sorry she couldnt honor my request. i was like dammm. then she said your NEW CREDIT LIMIT is $900. i was pleased. thanks myfico forumites!

GRATS ! Im also on a LONG way back with my credit

Re: First Post, First Store card

frogfan12 — Sun, 29 Jan 2012 17:29:31 GMT

Congrats on the new CC and on rebuilding your credit. Sounds like you're off to a good start!

Re: First Post, First Store card LOWE'S

Helpmeraiseit — Sun, 29 Jan 2012 20:48:41 GMT

congrats...on your new card and asking them for an increase

Re: First Post, First Store card LOWE'S

pizzadude — Sun, 29 Jan 2012 21:12:04 GMT

Congrats !!! GECRB is good about giving out regular auto CLIs too ~ so you will be over $1K soon !

Re: First Post, First Store card LOWE'S

Anonymous — Sun, 29 Jan 2012 21:14:15 GMT

Thx ya'll. is it normal for them to pull equifax for lowe's? the reason i pulled lowe's is because i thought they would pull TU.

Re: First Post, First Store card LOWE'S

CS800 — Sun, 29 Jan 2012 21:15:37 GMT

Congrats on your card. Enjoy the 5% discount.

Remember its GE so technically you show good use of the card, after the 4th statement you could ask for a CLI

Re: First Post, First Store card LOWE'S

CS800 — Sun, 29 Jan 2012 21:16:30 GMT

@Anonymous wrote:
Thx ya'll. is it normal for them to pull equifax for lowe's? the reason i pulled lowe's is because i thought they would pull TU.

They pulled TU for me.

Re: First Post, First Store card LOWE'S

boomhower — Sun, 29 Jan 2012 22:32:52 GMT

@Anonymous wrote:
Thx ya'll. is it normal for them to pull equifax for lowe's? the reason i pulled lowe's is because i thought they would pull TU.

It might just be your area. Lowes is GEMB who pull TU the vast majority of the time.

Re: First Post, First Store card LOWE'S

CS800 — Sun, 29 Jan 2012 22:39:53 GMT

I wonder if GE pulls TU08

Re: First Post, First Store card LOWE'S

boomhower — Mon, 30 Jan 2012 01:01:01 GMT

@CS800 wrote:
I wonder if GE pulls TU08

They use their own score, not a FICO.

Re: First Post, First Store card LOWE'S

CS800 — Mon, 30 Jan 2012 01:03:01 GMT

@boomhower wrote:
@CS800 wrote:
I wonder if GE pulls TU08
They use their own score, not a FICO.

Yes i saw that when I got my card it was a strange 500s to 700' range

Re: First Post, First Store card LOWE'S

JusdoNit — Mon, 30 Jan 2012 06:10:11 GMT

Welcome to the site and congratulations. More good things will come.