topic Re: why is it so hard for some to STAY In the Garden?? in Credit Cards

why is it so hard for some to STAY In the Garden??

Anonymous — Thu, 06 Dec 2012 16:33:17 GMT

Even tho they know they need to? They still come out and apply for Cards even tho they'll either get a denial or a Toy Limit... Because there uli is high, cards only been open MONTHS, Baddies still on reports, low credit score etc. So glad I've been able to stay put in the garden since May of this year till my Credit profile is OK ENOUGH To start my App Spree.

Re: why is it so hard for some to STAY In the Garden??

jsickz32 — Thu, 06 Dec 2012 16:35:32 GMT

Because of all the new threads about apps in here!!

Re: why is it so hard for some to STAY In the Garden??

distantarray — Thu, 06 Dec 2012 16:38:01 GMT

cause your in this forum full of credit nerds, point/bonus/limit chasers =p

some people won't ever understand..... like my friends go WHY DO YOU NEED 55k credit limits? Cause it makes my Fico utility happy + just nice to see how much banks trust me

Re: why is it so hard for some to STAY In the Garden??

09Lexie — Thu, 06 Dec 2012 16:43:03 GMT

Life sometimes makes it hard. Purchasing a new house? So, now I need a Lowes or maybe a furniture card. Also, the sheer joy of receiving an approval on one card MAKES you think about your portfolio or new offers that tempt you.

I am gardening now so I can reach mid- 700 on all bureaus by January.

Re: why is it so hard for some to STAY In the Garden??

clocktick — Thu, 06 Dec 2012 16:45:55 GMT

There's no blanket answer here. There are a ton of reasons why people step out of the garden:

1 They're impulsive

2 A good cc incentive pops up

3 They see someone with a similar credit profile just got approved

4 They don't care as much about the garden as they once did

5 They're done and ready to step out

6 As said above, they moved, got a car, etc. and they're applying for a related credit card

7 It's their choice!

Re: why is it so hard for some to STAY In the Garden??

Anonymous — Thu, 06 Dec 2012 16:57:39 GMT

Yea I agree with you guys totally. It's also nice to know that you won't be on pins and niddles while the Credit/auto loan Company reviews your report cause you know you made sure your Garden was right BEFORE You stepped out. That's also a Great feeling I've been told.

Re: why is it so hard for some to STAY In the Garden??

distantarray — Thu, 06 Dec 2012 17:03:20 GMT

it's just fun for some people, for instance people who already bought a house, cars and no big shopping left for a few years, they can app for anything and everything and not worry about their credit loss. If you have the ability ot hit 800+ you can app for anything you want you won't drop below 760. There's reward chaser couples who can take 20k+ per person each year in reward bonuses (it's been done, with loop holes) but realistically $5,000 in rewards a year is not too unheard of if that's all your doing is chasing points. so just a game for some people.

exhibit A from 1 year of cards

Re: why is it so hard for some to STAY In the Garden??

Happychap — Thu, 06 Dec 2012 17:49:00 GMT

I find coming on these forums can tempt me to apply for new cards that I do not need. I see cards that I didn't even think or know about and im like I MUST HAVE THIS CARD NOW!! I really need to have therapy Anyway, glad there are others with the same problem, now I don't feel so alone in the world lol.

Re: why is it so hard for some to STAY In the Garden??

Anonymous — Thu, 06 Dec 2012 18:43:52 GMT

@distantarray wrote:
it's just fun for some people, for instance people who already bought a house, cars and no big shopping left for a few years, they can app for anything and everything and not worry about their credit loss. If you have the ability ot hit 800+ you can app for anything you want you won't drop below 760. There's reward chaser couples who can take 20k+ per person each year in reward bonuses (it's been done, with loop holes) but realistically $5,000 in rewards a year is not too unheard of if that's all your doing is chasing points. so just a game for some people.

Yep, the flyertalk forum shows examples like this. These are experienced people with lots of credit history, who think nothing of cancelling a bunch of cards so that they can reapply for the same cards (to get new bonuses) in 3-18 months (depending on the issuer). As distantarray say, most of the time this works fine, as these type of profiles are impacted less by apping.

Re: why is it so hard for some to STAY In the Garden??

Duncanrr — Thu, 06 Dec 2012 18:48:47 GMT

I was not loved as a child so I need to gain the approval of others.

Re: why is it so hard for some to STAY In the Garden??

Anonymous — Thu, 06 Dec 2012 18:54:23 GMT

@Duncanrr wrote:
I was not loved as a child so I need to gain the approval of others.

Duncanrr, I think you are doing really well, and whether you stay in the garden or not, that's absolutely fine because always remember you are a GREAT human being, defined by more than your FICO score.

Now if you can just send me your SSN and credit card number.....

(Preying on the needy since 1987)

Re: why is it so hard for some to STAY In the Garden??

Involus — Thu, 06 Dec 2012 18:56:11 GMT

I find it hard to stay in garden when I'm active on this site - atleast before I had so many prime cards. I would see people getting approved with worse credit than me and I would app and get declined and so on. Don't have that problem anymore though.

Re: why is it so hard for some to STAY In the Garden??

Anonymous — Thu, 06 Dec 2012 19:03:28 GMT

Well some of these people "so called" getting approved for these Prime cards with HIGH Uli, High Inquires, low credit limits, very short history and oh yea and Low Credit Scores. It's hard to believe at times... Determination and Patience is what it takes to stay and Garden. I'll be leaving in March then going RIGHT Back in!

Re: why is it so hard for some to STAY In the Garden??

djrez4 — Thu, 06 Dec 2012 19:06:16 GMT

@distantarray wrote:
it's just fun for some people, for instance people who already bought a house, cars and no big shopping left for a few years, they can app for anything and everything and not worry about their credit loss. If you have the ability ot hit 800+ you can app for anything you want you won't drop below 760. There's reward chaser couples who can take 20k+ per person each year in reward bonuses (it's been done, with loop holes) but realistically $5,000 in rewards a year is not too unheard of if that's all your doing is chasing points. so just a game for some people.

This. Some of us don't want to be in the garden. I have pulled in 100k Ultimate rewards points (redeemed for over $11k in flights), 65k Hilton points, and $120 cash back just in the last 4 months. I plan to grab another 100-240k Hilton points, 100k American Airlines miles, 50k United Miles, 50k Starwood points and 50-90k Ultimate Rewards points in the first 6 months of next year.

Re: why is it so hard for some to STAY In the Garden??

bluesnowman — Thu, 06 Dec 2012 19:33:17 GMT

Like another poster said, it is hard to stay in the garden for many reasons. I was thinking of staying in the graden from october until the end of the month and go for an AMEX and Chase. I decided, what the heck, just pull the trigger and see what happens. I got one, did not get the other. Being on this site is tempting because there are people who have different or similar histories and you see them getting approved for cards that you believe you have no shot for. But some have the patience to stay and slowly their scores start going up. Just remember, your credit will grow with time and patience, and lastly, app for cards that you envision yourself using or needing. Dont apply for cards that you have no use for IMHO. Now it is seriously time for me to garden and stay here for a little while.

Re: why is it so hard for some to STAY In the Garden??

Anonymous — Thu, 06 Dec 2012 19:36:00 GMT

It's this forum. Especially if your targeting a specific card and someone starts posting approvals about it.

Re: why is it so hard for some to STAY In the Garden??

Anonymous — Thu, 06 Dec 2012 19:45:44 GMT

And the whole culture here is to encourage people to apply, and to congratulate them on approvals and CLIs. And a lot of the time, these are people who are rebuilding after credit troubles. Probably we should be asking "Do you need that card/CLI or is it going to get you into trouble?"

A little like an AA site where people post "I managed to get served today. I asked for a triple, they said no, but gave me a double." "Oh, congratulations!"

OK, a little extreme, but....

Re: why is it so hard for some to STAY In the Garden??

Duncanrr — Thu, 06 Dec 2012 20:16:04 GMT

The way I did it was I pretty much just stay on the rebuilding forum and ignored the credit forum. Once my rebuild had sufficiently progressed then I started looking at credit topics. Now I only occasionally go to rebuild threads and that's normally just to help others and not for personal questions.

Re: why is it so hard for some to STAY In the Garden??

Jutz — Thu, 06 Dec 2012 20:23:38 GMT

On Duncan's note, people who hit the CC forum before the rebuild forum tend to have an issue. Especially when the first post is "I apped for Cards A, B, C, D, and E, why did I get declined". Any of us who frequent the Rebuild Forum most often know that there is mostly sound advice coming out of there. I think there's two cards we recommend; Secured and WalMart.

Also, I've gots a well groomed garden.

Re: why is it so hard for some to STAY In the Garden??

Anonymous — Thu, 06 Dec 2012 20:26:54 GMT

I find that Anticipation keeps me in the Garden... Just seeing my score going up little by little. Especially when I have a goal set so its been pretty easy to stay... Cause I would HATE To get a Toy Limit or worse... DENIED. Just cause I couldn't help my self and left the Garden prematurely. But I LOVR Hearing Success stories about how my fellow Gardner's rebounded into prime Territory. But I use that as Inspiration that ill get there too... NOT To leave the Garden before I know I'm ready. That's all I'm saying my fellow Gardner's.