topic Re: Apple: Need a new computer but getting ready to buy a car in Credit Cards

Apple: Need a new computer but getting ready to buy a car

boogiesaveslives — Wed, 07 Mar 2012 19:28:28 GMT

I have been working on my credit to get a new car and it's looking like I can do it at the end of April. I've been planning on using my tax return to pay down my cc's to get my final bump. I'm at about 40% util. . I was also planning on waiting until after I bought the car to buy an Apple computer, but just my luck, my computer just died and this HP touchpad just won't cut it.

so now I'm contemplating taking the plunge early. Not sure if the INQ and new account will hurt me or if I could possibly get a bump if I ask for a high limit ($2500) and only use about $1000. I can go buy a cheap pc cash, but honestly I feel like that would be a waste of money.

TU 628, 2 unpaid collections from 2009, low DTI, income $65,000.

any thoughts would be greatly appreciated! Thanks!

Re: Apple: Need a new computer but getting ready to buy a car

CreditCrusader — Wed, 07 Mar 2012 19:47:30 GMT

@laurasiew wrote:
I have been working on my credit to get a new car and it's looking like I can do it at the end of April. I've been planning on using my tax return to pay down my cc's to get my final bump. I'm at about 40% util. . I was also planning on waiting until after I bought the car to buy an Apple computer, but just my luck, my computer just died and this HP touchpad just won't cut it.

so now I'm contemplating taking the plunge early. Not sure if the INQ and new account will hurt me or if I could possibly get a bump if I ask for a high limit ($2500) and only use about $1000. I can go buy a cheap pc cash, but honestly I feel like that would be a waste of money.

TU 628, 2 unpaid collections from 2009, low DTI, income $65,000.

any thoughts would be greatly appreciated! Thanks!

Hmm...TU 628 would be a 50/50 for Barclay's Apple VISA card, but you might be able to get approved - even if it took a recon - especially since you have a specific purchase in mind. I was denied online and during the first two recon efforts. Then, on the 3rd try, I mentioned that I was disappointed that I couldn't buy my wife our first Apple for Christmas - and that I might have to shop PC brands. The guy put me on hold and came back with an approval for $300 more than I asked for. This with a 616 TU FICO at the time of approval

Words of advice:

1. Apply for the computer financing FIRST, as any approving lender likely will not freak out over a subsequent auto loan application/approval (people have to work to earn money...even Barclay's understands that).

2. If you are denied and recon, mention specifically that you are wanting to buy a (type of Apple computer goes here). They seem to be very generous with recons when you mention that you might have to wait to purchase and/or buy a PC if financing isn't approved.

As always, YMMV, but this is my limited experience, so take it for what it's worth

Re: Apple: Need a new computer but getting ready to buy a car

Anonymous — Wed, 07 Mar 2012 19:41:52 GMT

Depending on the computer, you may not have a high enough limit. MBP 13" start around 1300. Not sure of the exact cost with tax and everything as Apple's stores down pending the release of the iPad 3. Refreshing the store page is killing me

Re: Apple: Need a new computer but getting ready to buy a car

Anonymous — Wed, 07 Mar 2012 19:44:45 GMT

@Anonymous wrote:
Depending on the computer, you may not have a high enough limit. MBP 13" start around 1300. Not sure of the exact cost with tax and everything as Apple's stores down pending the release of the iPad 3. Refreshing the store page is killing me

haha, i am really tempted to jump from my 10.1. I am upgrading my Apple TV fo sure.

As for the poster, I bought a mac air last November for my wife, Barclays gave me $2500 and that was with suppressed credit from loading $60k on our credit cards for oru wedding. Income might play a factor, but you have a shot!

Re: Apple: Need a new computer but getting ready to buy a car

stefanc — Wed, 07 Mar 2012 19:47:40 GMT

Not sure about approval criterea - but you could try a MacMall preffered account - you'll likely get hit with an EQ inquiry, but the account will more than likely be hidden. So an inquiry ding but no new account ding...

They have some great blow-outs on MacBooks.

Re: Apple: Need a new computer but getting ready to buy a car

boogiesaveslives — Wed, 07 Mar 2012 19:48:05 GMT

I'm planning on buying a refurb 13 inch, they're around $1000 plus tax...and I've been trying to go to the online store too! Sheesh!

Great feedback thank you! I'm just worried that the new line will hurt my score, I'd much rather get a better deal on the car...

Re: Apple: Need a new computer but getting ready to buy a car

boogiesaveslives — Wed, 07 Mar 2012 19:49:14 GMT

MaxImally doesn't report?

Re: Apple: Need a new computer but getting ready to buy a car

Anonymous — Wed, 07 Mar 2012 19:49:24 GMT

@laurasiew wrote:
I'm planning on buying a refurb 13 inch, they're around $1000 plus tax...and I've been trying to go to the online store too! Sheesh!

Great feedback thank you! I'm just worried that the new line will hurt my score, I'd much rather get a better deal on the car...

Hear that Apple? Even the fico fourm is saying it. LET US IN!

Re: Apple: Need a new computer but getting ready to buy a car

boogiesaveslives — Wed, 07 Mar 2012 19:50:38 GMT

stupid touchpad, I meant MacMall doesn't report?

Re: Apple: Need a new computer but getting ready to buy a car

stefanc — Wed, 07 Mar 2012 19:55:39 GMT

@laurasiew wrote:
MaxImally doesn't report?

Nope - I have never heard of a MacMall preferred account reporting (or NewEgg - same bank) reporting. So it's pretty certain that it wont unless you default.

I've run alot through my MacMall Preferred account with the 6 month no interest/no payments (paying it off before it's up of course). NewEgg also has some Mac deals on occasion and offers 12 month 0% - again doesn't seem to report. MacMall is definately an authorized reseller with the full line - check out blow outs, open box etc. NewEgg does not seem to have the full line so not sure what's up with that...

Re: Apple: Need a new computer but getting ready to buy a car

boogiesaveslives — Wed, 07 Mar 2012 20:06:39 GMT

Good info. That might be a good choice since a new account might hurt my score, but at the same time I probably could use the available credit in the long run...

oh decisions decisions!

Re: Apple: Need a new computer but getting ready to buy a car

stefanc — Wed, 07 Mar 2012 20:12:59 GMT

@laurasiew wrote:
Good info. That might be a good choice since a new account might hurt my score, but at the same time I probably could use the available credit in the long run...

oh decisions decisions!

Ye I hear ya on that!

I've ordered two MacBook Pros (one an open box -- smokin' deal!) and a color laser printer this last year. Didn't really need them, but with the account hidden I just couldn't resist. Way high interest rate if you don't pay off the promo in time.

Re: Apple: Need a new computer but getting ready to buy a car

boogiesaveslives — Wed, 07 Mar 2012 23:02:16 GMT

ugh. I went ahead and applied for apple AMD got a denial. Called for a recon and they're closed!

Re: Apple: Need a new computer but getting ready to buy a car

SoulMaster — Wed, 07 Mar 2012 23:21:07 GMT

No matter where you wind up getting your financing, if you buy at Mac Mall you'll still save a ton of $. They have a brand-new, one model back section that's 25% off sticker on some items. I check it every day.

Here's the dircect link:

http://www.macmall.com/n/Apple-Closeout-Blowout/macCustomPages-3964

Also, note how they are low on stock... the next round of macs is due out in the next 4-8 weeks. I know you hate your tablet, but you might just want try to hold off for a few weeks so you LITERALLY aren't wasting money. (Any computer you buy today will be 10-30% cheaper in a month.

More proof to the rumor of the new macs:

Best Buy has all their macs on sale, apple doesn't let them do this unless they are trying to burn through stock
OSX Mountain Lion was announced 4 weeks ago, They usually hit the machines 8-12 weeks later and boxed versions are avail 8-12 weeks after that. Apple said Mountain Lion is coming in "summer" which makes that timeframe work.
Apple usually updates their computers 2x/year. (early and late models) the last refresh was Oct of last year (I think)... they're right on schedule.

-SM

Re: Apple: Need a new computer but getting ready to buy a car

LS2982 — Wed, 07 Mar 2012 23:36:36 GMT

@laurasiew wrote:
ugh. I went ahead and applied for apple AMD got a denial. Called for a recon and they're closed!

Let them know your interested in the financing offer, they're going to ask questions about your report. Be prepared to answer for anything on your report.

Re: Apple: Need a new computer but getting ready to buy a car

Anonymous — Thu, 08 Mar 2012 03:43:34 GMT

You know apple sure makes some nice computers, but if buying the car is a priority need rather than want, why dont you spend 450 bucks on a dell from walmart. I know they are no apple, but heck, it would get you a computer for now, and the car buying should be easier and maybe have better rates without that higher utilization.

Just my opinion of coirse.

Re: Apple: Need a new computer but getting ready to buy a car

Anonymous — Thu, 08 Mar 2012 03:46:21 GMT

@Anonymous wrote:
You know apple sure makes some nice computers, but if buying the car is a priority need rather than want, why dont you spend 450 bucks on a dell from walmart. I know they are no apple, but heck, it would get you a computer for now, and the car buying should be easier and maybe have better rates without that higher utilization.

Just my opinion of coirse.

It *might* be possible that the OP's occupation depends on Macs like mine does. Xcode, the program that you write code for iphone apps in, wont run on a pc or anything else. Then again this is a very specific circumstance.

Re: Apple: Need a new computer but getting ready to buy a car

Anonymous — Thu, 08 Mar 2012 03:51:45 GMT

Good point. I was at best buy the other day and dang some of those apples make me drool. I just have such a hard time spending the money.

Re: Apple: Need a new computer but getting ready to buy a car

Anonymous — Thu, 08 Mar 2012 03:55:21 GMT

@Anonymous wrote:
Good point. I was at best buy the other day and dang some of those apples make me drool. I just have such a hard time spending the money.

I never have that problem because I keep mine very close to new with invisible shields and such. When I go to sell them I usually get all but 100 back from my original purchase. Apple devs were given information on the iPad released today in advance. I decided itd be best to sell my iPad 2 nearly 1 month before since no one wants an iPad 2 when the 3rd is out. After 4 hours of battling Apple's site I finaly got my order placed through Amex's points mall.

Re: Apple: Need a new computer but getting ready to buy a car

Anonymous — Thu, 08 Mar 2012 04:16:20 GMT

Sweet. Do they have.delivery dates on the ipad3 yet? I do think i am going to invest in the new one. Think verizon has a no contract 10 gig for 80 bucks a month. Something close to that anyway.