topic Re: CC after house closing? in Credit Cards

CC after house closing?

Anonymous — Thu, 09 May 2013 23:31:20 GMT

What was your experience?

I've been approved for 2 (GE and havertys, meant to only apply for 1) and declined for 2

Still want to apply for bce and citi but after getting declined for chase freedom and discover it

(both chase and discover pulled ex and eq....weird)

Re: CC after house closing?

myjourney — Thu, 09 May 2013 23:55:04 GMT

@Anonymous wrote:
What was your experience?

I've been approved for 2 (GE and havertys, meant to only apply for 1) and declined for 2

Still want to apply for bce and citi but after getting declined for chase freedom and discover it

(both chase and discover pulled ex and eq....weird)

How many INQ's do you have in the last 6 months and UTL? What's CR look like baddies ect? Did you recon any of these declines?

If Chase and discover declined I would say its time to stop and Amex will be hard to get IMO tho

Re: CC after house closing?

Anonymous — Fri, 10 May 2013 00:14:51 GMT

I have several inqs from the mortgage process in the last 6 months. I have 2 baddies from 2011 (1 a C/O), util is in the 30s.

I reconned both and will try to recon again as well.

Re: CC after house closing?

myjourney — Fri, 10 May 2013 00:16:11 GMT

@Anonymous wrote:
I have several inqs from the mortgage process in the last 6 months. I have 2 baddies from 2011 (1 a C/O), util is in the 30s.

I reconned both and will try to recon again as well.

What were reasons for decline from recon?

Re: CC after house closing?

Anonymous — Fri, 10 May 2013 00:25:25 GMT

new accts from 2012 (when I started to rebuild) -They want to see more establishment

too many inqs (which I explained)

high util (only chase said this)-I rechecked my util and it is still in the 30s

Chase also mentioned high student loan balances (rediculous if you ask me because these are a lt loan and have never been late)

Both asked about the baddies (explained this was 1 financial bump as there are only 2 and both are from 2011)

Re: CC after house closing?

Anonymous — Fri, 10 May 2013 00:35:25 GMT

With Chase, I've noticed you can't have more than one 'issue'. High util, inqs and baddies are usually a no go for them. Work on getting the util down to under 20%- 15% would be even better. Inqs you can explain. Discover seems to be a little all over the place with their approvals. But in both cases it looks like they want a lower util and cleaner file.
Amex will probably not be a good one ESP with high util. And depending on the amount of new credit I might caution apping for Barclays.

Re: CC after house closing?

boomhower — Fri, 10 May 2013 01:15:16 GMT

Last year I went on a spree after my closing. Got a Discover IT, Lowes, and Amex BCP. Declined for Citi Diamond. My utility was very very low and INQ's were low as well.

Re: CC after house closing?

Anonymous — Tue, 14 May 2013 22:25:14 GMT

Odd, I've stopped apping though.

I forgot I applied for a CLI on my NfCU card, got declined a few months ago. Went from 3K to 8.5K today, def going to leave my secured open with them, see what they give me upon graduation there

Re: CC after house closing?

webhopper — Wed, 15 May 2013 02:27:18 GMT

I went on an app spree after I closed. I got Chase Amazon, Amex Zync and NFCU Cashrewards as well as GECRB Amazon.

Got declined for a few too: Namely QT gas card that I wanted!

Re: CC after house closing?

Anonymous — Fri, 17 May 2013 04:58:01 GMT

So I apped for PP MC after I got my cli and apr reduction and visa signature status on my nfcu cash card, got approved for 1500.

I want to app for 2 more before I stop for a while, need some advice:

Home Depot or Lowes (Lowes is GE and I already have a few cards with them but Citi sent me a pre-approval a month ago after I was added as an AU on my mom's acct)

CareCredit (for any medical or vet emergencies)-how often do I have to use to keep this active?

Any advice on applying for the above before the new accts hit my report?

I know I have no hope for the AMEX BCE but do I have hope to try to start with a charge card?

Util have gone up to 40% due to mid-cycle reporting of my GE acct after changing my addy

Re: CC after house closing?

myjourney — Fri, 17 May 2013 05:04:30 GMT

@Anonymous wrote:
So I apped for PP MC after I got my cli and apr reduction and visa signature status on my nfcu cash card, got approved for 1500.

I want to app for 2 more before I stop for a while, need some advice:

Home Depot or Lowes (Lowes is GE and I already have a few cards with them but Citi sent me a pre-approval a month ago after I was added as an AU on my mom's acct)
CareCredit (for any medical or vet emergencies)-how often do I have to use to keep this active?

Any advice on applying for the above before the new accts hit my report?

I know I have no hope for the AMEX BCE but do I have hope to try to start with a charge card?

Util have gone up to 40% due to mid-cycle reporting of my GE acct after changing my addy

Lowe;s because GE gives good CLI's but at 40% UTL I would not advise any app's .....Time to garden

Re: CC after house closing?

terminalhockey11 — Fri, 17 May 2013 23:49:04 GMT

Closing in 2 weeks, the wife and I (640-650 range) trying to figure out what 1-2 app steps we should take. Welcome any advice

UTIL is low (my cards are about $10 at the moment and she has a $100 balance) but we have some baddies, she has one recent that popped up, mine are mostly from a couple years back. Inqueries with the 2 hard pulls + each of us have purchased vehicles in the recent past (Nov/Jan) out of necessity but overall DTI is low.

Lowes vs Home Depot to get some ancillary items (i.e. lawn mower)

Debating on a store card, furntiure stores (Scandinavian, Furniture Row) all seem to be Wells Fargo.

Also plan on calling Capital One - have had the Plat MC for 2+ years but didn't seem to be part of Credit steps so dont know if I've ever had a CLI (at $300) my others are subprime as well (1st Premier & Credit One) that hopefully I'll get to close by end of the year