https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654624#M458020 <P>I have this theory that I use whenever I apply for store credit now that I never use to consider in the past. Maybe some of the credit experts here can chime in on whether or not this has any basis for fact. During big sales events, special promotions and close to, or during the big shopping season (black friday and up until xmas), many retail stores lower their lending standards and allow people like me who are rebuilding their credit an opportunity to get approved. Also, I believe that towards the tail end of the year, if retailers havent met their goals on the amount of consumer retail accounts in their portfolio, they will also start lowering their approval standards. I've also found that applying in store yields better approval results and higher credit limits. Take my recent history into consideration. I went on a recent app spree after only gardening for 3 months. On my previous spree I was denied for Old Navy, Walmart, and TJX (Marshalls, TJ Maxx, Home Goods stores). I applied for all of these online and was promptly denied every single time. All of these cards are GECRB backed cards. I thought GE hated me. I've never in my life had a GE backed card or included them in BK. I had heard GE was bk friendly and thought my odds were pretty good since there were many people that got approved post bk7. I tried to recon all of them and got denials for all!! I was told by an underwriter that I could reapply again in 30 days for Walmart and 90 days for the two others. So I waited at least 90 days to try again for all three and changed my approach. This time I would apply in store and wait for special promotions or a big sale to see what would happen. The first sign I saw that an approval was likely was when Walmart had an 18 months no interest financing option on electronics purchases over 400 dollars. I applied in the electronics section and told the cashier I wanted to make a large purchase and wanted to take advantage of the 18 months no interest promo. Approved...$2100. Reconned to $3700 literally minutes later after talking to an underwriter and making up a story about wanting to buy a tv but didnt get approved for enough credit. Next stop, Old Navy where they were having their "Stuff and Save Sale". 40 percent off everything in store including clearance items. In addition, new card holders will receive an additional 10 percent off for 60 days. Plus......for every 25 dollars you spend, you get 10 dollars in Old Navy Super Cash to use in November. The salespeople were promoting the card very aggressively and everyone that I saw who applied got approved immediately. I applied in store and was approved for $400. Wound up buying $300 in merchandise for $150. Bought 50 items total for my kids. Paid nothing over $6 dollars for anything. A lot of the shirts I bought for my kids would up being only $1.48. The kids were happy! Finally over to Marshalls where they were having 25% off on already reduced clearance items for two days only and an additional %10 if approved for credit. Once again, employees were agressively promoting the card and people were getting approved left and right. Applied...Approved $600 dollars. Bought 2 jackets. One for me, one for the wife. Original prices $200 and $149. Clearance prices $50 and $30. Total after all the savings tallied: $18 and $11. Sorry to sound like a shopaholic but these are things that my wife and I had to learn how to do in a tough economy. If its not on sale or clearance, I'm not buying it. Also, if the money is not in the bank to pay off these purchases in full....I'm not buying it. I hope this information is helpful to anyone looking to apply and save some money during these sales events! Thanks everyone!</P> Sun, 21 Oct 2012 16:14:16 GMT pinoyscorpion951 2012-10-21T16:14:16Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654112#M457854 This week, I had 3 inquiries drop off from Experian. I only have 3 now. It appears now that the Kohls credit card is now backed by capital 1 and the anecdotal reports are that it is easy to get now. They pull Experian and my score is 660 one year post bk7. I'm shopping for some items for the home and have 20 dollars in Kohls cash that I can stack on top of 30 percent at the register. I'm soo nervous, I've been declined 4 times before when their portfolio was handled by Chase. What do you all think? Is it worth the discount and possible rejection in front of a lot of other customers? It's a busy shopping night tonight. My wife is buying a boatload of stuff. The 30 percent would sure come in handy. Sun, 21 Oct 2012 03:45:44 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654112#M457854 pinoyscorpion951 2012-10-21T03:45:44Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654122#M457857 <P>i got approved for $300 a year or so ago. &nbsp;try it and they will still give u the %%% off&nbsp;</P> Sun, 21 Oct 2012 03:49:17 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654122#M457857 afbar1114 2012-10-21T03:49:17Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654124#M457858 <BLOCKQUOTE><HR /><a href="https://ficoforums.myfico.com/t5/user/viewprofilepage/user-id/617674">@pinoyscorpion951</a> wrote:<BR />This week, I had 3 inquiries drop off from Experian. I only have 3 now. It appears now that the Kohls credit card is now backed by capital 1 and the anecdotal reports are that it is easy to get now. They pull Experian and my score is 660 one year post bk7. I'm shopping for some items for the home and have 20 dollars in Kohls cash that I can stack on top of 30 percent at the register. I'm soo nervous, I've been declined 4 times before when their portfolio was handled by Chase. What do you all think? Is it worth the discount and possible rejection in front of a lot of other customers? It's a busy shopping night tonight. My wife is buying a boatload of stuff. The 30 percent would sure come in handy.<HR /></BLOCKQUOTE><P>With a 660 and 1 year post BK, my gut would be that they will decline you, even for a store card, but YMMV. All you can do is apply.</P><P>&nbsp;</P> Sun, 21 Oct 2012 03:49:37 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654124#M457858 Anonymous 2012-10-21T03:49:37Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654128#M457860 <P>they are runned by cap1 now but they havent been able to do a CLI in like 8months because of a system update.&nbsp;</P> Sun, 21 Oct 2012 03:50:27 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654128#M457860 afbar1114 2012-10-21T03:50:27Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654130#M457861 <BLOCKQUOTE><HR /><a href="https://ficoforums.myfico.com/t5/user/viewprofilepage/user-id/617674">@pinoyscorpion951</a> wrote:<BR />This week, I had 3 inquiries drop off from Experian. I only have 3 now. It appears now that the Kohls credit card is now backed by capital 1 and the anecdotal reports are that it is easy to get now. They pull Experian and my score is 660 one year post bk7. I'm shopping for some items for the home and have 20 dollars in Kohls cash that I can stack on top of 30 percent at the register. I'm soo nervous, I've been declined 4 times before when their portfolio was handled by Chase. What do you all think? Is it worth the discount and possible rejection in front of a lot of other customers? It's a busy shopping night tonight. My wife is buying a boatload of stuff. The 30 percent would sure come in handy.<HR /></BLOCKQUOTE><P>just letting you know at the time you wont be getting any cli for a while (ive been trying since june-had the card since last jan)</P><P>&nbsp;</P><P>they are upgrading their system but do not have any dates on when it will be back up.&nbsp;</P><P>&nbsp;</P><P>depends if you will use the card alot.&nbsp;</P><P>&nbsp;</P><P>ive probably bought 3 things in that store since i got the card and used once to get discount on a keurig and put it on my amex.&nbsp;</P> Sun, 21 Oct 2012 03:50:28 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654130#M457861 creditnocash 2012-10-21T03:50:28Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654132#M457862 <P>ill spend around $1k a year at least there i get alot of stuff for work and clothes for my self&nbsp;</P> Sun, 21 Oct 2012 03:51:33 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654132#M457862 afbar1114 2012-10-21T03:51:33Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654142#M457865 Yup, my wife and I spent about 3000 for items here in the last 2 years. At that clip we would qualify for mvc status and get even more perks. We just got in line right now with about 400 bucks worth of stuff. Wife just got paid yesterday. Looks like I'll be applying. I also have a bunch of new GE accounts that I just opened. 3 to be exact. Keeping my fingers crossed, Sun, 21 Oct 2012 04:02:35 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654142#M457865 pinoyscorpion951 2012-10-21T04:02:35Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654144#M457866 <P>good luck keep us updated hope you can still use the 30% off if u dont get it</P><P>&nbsp;</P> Sun, 21 Oct 2012 04:04:05 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654144#M457866 afbar1114 2012-10-21T04:04:05Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654156#M457871 Wow! Cashier told the lady in front of the line she got declined. Said it rather loud too. This might not end up like I thought. Also, I have about 3 people behind me now. Crap! Sun, 21 Oct 2012 04:14:00 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654156#M457871 pinoyscorpion951 2012-10-21T04:14:00Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654160#M457873 <P>This is exicting!! DON'T DO it!&nbsp;</P> Sun, 21 Oct 2012 04:16:06 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654160#M457873 BearsAndTurtlesRtheBest 2012-10-21T04:16:06Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654164#M457875 <P>OH THE SUSPENSE LOL... *FINGERS CROSSED*</P><P>&nbsp;</P> Sun, 21 Oct 2012 04:17:11 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654164#M457875 migliogiorni 2012-10-21T04:17:11Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654170#M457877 <P>My wife was approved back in Nov. 2009 with a 800 CL their perks are pretty good. Its an iffy one beacuse Cap1 is a weird bank when it comes to credit.</P> Sun, 21 Oct 2012 04:17:56 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654170#M457877 BearsAndTurtlesRtheBest 2012-10-21T04:17:56Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654172#M457878 <P>well your paying for the stuff anyways. might as well go for it...&nbsp;</P><P>&nbsp;</P><P>the bad thing would be if you gor approved but not enough for the purchases... dooooough!</P> Sun, 21 Oct 2012 04:19:01 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654172#M457878 creditnocash 2012-10-21T04:19:01Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654184#M457884 Palms sweating. Wife just found 30 dollars more in Kohls cash hidden in a pocket inside her purse. Still valid. Just confirmed with an associate that we can stack all of them with the 30 percent. That makes 50 dollars worth of Kohls cash for this transaction. I'm next in line. Sun, 21 Oct 2012 04:26:11 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654184#M457884 pinoyscorpion951 2012-10-21T04:26:11Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654186#M457885 <P>what happened!?!?!?!?!?! ahhhhhh so nerve wrecking</P> Sun, 21 Oct 2012 04:26:21 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654186#M457885 BearsAndTurtlesRtheBest 2012-10-21T04:26:21Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654188#M457886 <P>Unless I am mistaken (and this is possible) Kohl's still handles the underwriting decisions for these cards. CO just acts as a funder and servicer.</P> Sun, 21 Oct 2012 04:31:03 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654188#M457886 Anonymous 2012-10-21T04:31:03Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654190#M457887 <BLOCKQUOTE><HR />@Anonymous wrote:<BR /><P>Unless I am mistaken (and this is possible) Kohl's still handles the underwriting decisions for these cards. CO just acts as a funder and servicer.</P><HR /></BLOCKQUOTE><P>+2 c1 is just a funder...&nbsp;</P><P>&nbsp;</P><P>and suspense is killing us...&nbsp;</P><P>this thread is better then the story time one...&nbsp;</P> Sun, 21 Oct 2012 04:35:23 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654190#M457887 creditnocash 2012-10-21T04:35:23Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654192#M457888 O.... M..... G!!!!! Here are the facts. 13 months post bk. Numerous new accounts opened in the last 6 months. Lost of credit repair post bk and FINALLY after the 5th try. "Congratulations sir, you've been approved for a Kohls credit card!" Starting credit limit......... 800 dollars! Hahaha! Thank you Kohls and thanks everyone for sharing in this moment! Sun, 21 Oct 2012 04:37:37 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654192#M457888 pinoyscorpion951 2012-10-21T04:37:37Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654194#M457889 <P>party at my house!!!!!!!! lol congrats!!!!!</P> Sun, 21 Oct 2012 04:38:26 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654194#M457889 BearsAndTurtlesRtheBest 2012-10-21T04:38:26Z https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654196#M457890 Congrats<BR /> Sun, 21 Oct 2012 04:39:08 GMT https://ficoforums.myfico.com/t5/Credit-Cards/I-m-at-Kohl-s-should-I-apply/m-p/1654196#M457890 afbar1114 2012-10-21T04:39:08Z