topic Re: GE Question in Credit Cards

GE Question

brcamacho — Fri, 10 Aug 2012 22:22:07 GMT

Does having a current GE card with good history and verly low util help with getting another GE card? I.E. Walmart?

Re: GE Question

Anonymous — Fri, 10 Aug 2012 22:27:03 GMT

I believe so as it has happened to me. Once in with GE, always in with GE. IMO

Re: GE Question

Anonymous — Fri, 10 Aug 2012 23:38:29 GMT

If your already in with GE, is it a HP or SP for another card with them?

Re: GE Question

tbolt2 — Sat, 11 Aug 2012 01:32:43 GMT

HP through Trans Union for me every time when I applied in 2010.

I haven't applied for anything with GE in a while, so I don't know if anything has changed. Once you get an account with them, i can tell you that they do not like any new negatives or high utilization.

If your report is clean, the automatic CLI's GE does can be very generous:

My wife:

JCPenney 200 > 1000 > 1600 in 7 months

Amazon store card 1100 > 1300 > 1500 in 10 months

I had a few collection items from 2006 hit my report in 2011 after I had received my JCP and Amazon card. JCP is still stuck at 200, Walmart stuck at 700 and Amazon at 1100. Both the Amazon and WalMart card got one CLI at the 4 month mark, nothing since.... and its been over a year. I have had perfect payment history on every account for more than two years, but my utilization, inquiries, and balances have been quite high.....after this month, my util will be below 30%... hopin for some CLI's by the end of the year, but I'm not holding my breath....

Re: GE Question

creditnocash — Sat, 11 Aug 2012 01:48:25 GMT

when you open a new tradeline its always a hardpull.

but i believe all ge cards are soft pulls for cli.

Re: GE Question

Anonymous — Sat, 11 Aug 2012 01:56:00 GMT

@OlegWasHere wrote:
when you open a new tradeline its always a hardpull.
but i believe all ge cards are soft pulls for cli.

agree..

Re: GE Question

migliogiorni — Sat, 11 Aug 2012 02:20:23 GMT

It helped me. Had GE account for 6 months, then app'd for Wal Mart, instantly approved. Both were HP's

Re: GE Question

CK_Charles_Lover — Sat, 11 Aug 2012 04:19:55 GMT

@OlegWasHere wrote:
when you open a new tradeline its always a hardpull.
but i believe all ge cards are soft pulls for cli.

Re: GE Question

bichonmom — Sat, 11 Aug 2012 04:23:46 GMT

@brcamacho wrote:
Does having a current GE card with good history and verly low util help with getting another GE card? I.E. Walmart?

Yes and no. They're still going to pull your TU and base approval on your CR and FICO. So, having a positive history on a GE card may or may not help override anything negative on your CR.

Re: GE Question

Anonymous — Sat, 11 Aug 2012 06:08:17 GMT

@OlegWasHere wrote:
when you open a new tradeline its always a hardpull.
but i believe all ge cards are soft pulls for cli.

Home Design, HHGregg and Brandsmart are 3 of my cards that won´t CLI with a SP.

I have talked to U/W and nothing. They want to HP, 1 for all 3 though.

Re: GE Question

creditnocash — Sat, 11 Aug 2012 06:17:04 GMT

Are those ge? If that's what the agent said ten I was mistaken. From what I've read here walmart jcpenny and another store were soft pulls and ou could try every four months for a cli

Re: GE Question

Anonymous — Sat, 11 Aug 2012 06:33:50 GMT

@OlegWasHere wrote:
Are those ge? If that's what the agent said ten I was mistaken. From what I've read here walmart jcpenny and another store were soft pulls and ou could try every four months for a cli

They are GE but when I call the GE numbers listed here, the undewritters tell me they do not handle those accounts and I need to call the number in the back of the cards Particularly, all 3 cards have the same number on the back, which is different than the GE numbers listed btw.

I call and the "thank you for calling GE capital retail bank" script comes along. The CSR submits the CLI request and tells me that by law, GE is required to obtain permission from me to get a copy of my credit report and that such action will generate an inquiry in my CR. CSR tells me they are a bank and don´t have Credit Analysts. After requesting to be transfered to U/W, they need to HP me for an increase...

I might want to get some CLIs with my current cards before applying for something else

Re: GE Question

Anonymous — Sat, 11 Aug 2012 06:35:52 GMT

The GE cards I have that SP for CLI are: Lowes and Walmart. I do not care much about the other ones