topic Re: Cardmatch.com in Credit Cards

Cardmatch.com

Anonymous — Thu, 05 Dec 2013 01:34:31 GMT

I tried it, and it says:

Timothy GXXXX, CONGRATULATIONS! You have qualified for the following Special Offers. We've partnered with major issuers to show even better offers to well-qualified customers like you. These are offers you won't find elsewhere on our site.

The offers are the AMEX gold card and the BCP. Should I app for these, or is the site a joke?

Re: Cardmatch.com

red259 — Thu, 05 Dec 2013 01:43:38 GMT

I'm really baffled now. I used to always get the amex offer and now that I am about to do a round of apps it doesn't even offer me an amex anymore.

Re: Cardmatch.com

Anonymous — Thu, 05 Dec 2013 01:45:06 GMT

I did a pre-qual with amex themselves, and did not match any offers.

So is it possible this site makes for a better chance of approval? I'm really in deep as far as HP's, so I don't want to waste another one.

Re: Cardmatch.com

Anonymous — Thu, 05 Dec 2013 01:55:06 GMT

Excitement got the better of me...

We are sorry but we are unable to approve your application for the Blue Cash PreferredSM from American Express at this time.

I knew it was a lie.

Re: Cardmatch.com

myjourney — Thu, 05 Dec 2013 02:23:33 GMT

@Anonymous wrote:
Excitement got the better of me...

We are sorry but we are unable to approve your application for the Blue Cash PreferredSM from American Express at this time.

I knew it was a lie.

From a concerned friend and forum member

You really need to stop your just apping for anything and building up HP's

In the last 3 weeks you have seen what 6 apps now all with denials...if I'm wrong correct me?

what you are doing is pushing your development back at least a year every time you take another HP

Sometimes tough luv is the best luv so coming from someone who wants to see you succeed

STOP NO MORE APPS...WORK ON YOUR CR's

Re: Cardmatch.com

killer_queen229 — Thu, 05 Dec 2013 02:32:17 GMT

@Anonymous wrote:
Excitement got the better of me...

We are sorry but we are unable to approve your application for the Blue Cash PreferredSM from American Express at this time.

I knew it was a lie.

If you have little to no history then trying to apply for a company like American Express is not a good idea. They like to see people with credit history.

Re: Cardmatch.com

bigblue7722 — Thu, 05 Dec 2013 02:47:00 GMT

@Anonymous wrote:
I tried it, and it says:
Timothy GXXXX, CONGRATULATIONS! You have qualified for the following Special Offers. We've partnered with major issuers to show even better offers to well-qualified customers like you. These are offers you won't find elsewhere on our site.

The offers are the AMEX gold card and the BCP. Should I app for these, or is the site a joke?

That special offer thing I believe is new. I am assuming its a deal with amex they have. I know there is no way BCP should be coming up for me it never has in the past.

Re: Cardmatch.com

lg8302ch — Thu, 05 Dec 2013 02:50:00 GMT

You really need to stop your just apping for anything and building up HP's

In the last 3 weeks you have seen what 6 apps now all with denials...if I'm wrong correct me?

what you are doing is pushing your development back at least a year every time you take another HP

Sometimes tough luv is the best luv so coming from someone who wants to see you succeed

STOP NO MORE APPS...WORK ON YOUR CR's

thanks MyJourney....my words too

OP ..head to the garden immediately and let your inq age...chances of approval will be much better

Re: Cardmatch.com

Anonymous — Thu, 05 Dec 2013 03:12:18 GMT

Amex BCP may be a few years away at this rate.

Work on repair and consider a secured card in 6+ months.

There are times seeing all the approvals and shiny cards gets stressful but applying isn't the way to deal with it. Everyone starts someplace and a lot of the people you see having success now or bored with cards had long journeys. Some just managed their lives better, make more money, married someone with similar financial values, or didn't go through divorce, LOL!

My point is to do you. Don't get caught up in the idea that approvals or pieces of plastic say anything about you.

The computers are just reacting to a score that's based upon your credit history. Getting them to say "Yes! We like you!" is a matter of changing the behavior that lead to "No".

Re: Cardmatch.com

Anonymous — Thu, 05 Dec 2013 03:14:51 GMT

The only reason I apped is because I was pre-app, which turned out to be a lie.

So I am done apping for at least 5 months now. I am getting the WF secured card next week in the mail.

Would getting a 2nd SC boost my score any?

Re: Cardmatch.com

myjourney — Thu, 05 Dec 2013 03:19:58 GMT

@Anonymous wrote:
The only reason I apped is because I was pre-app, which turned out to be a lie.

So I am done apping for at least 5 months now. I am getting the WF secured card next week in the mail.

Would getting a 2nd SC boost my score any?

No it won't at this point

Here's a little info to help you see the damage thus far

HP's result in a 3-5 point drop per HP

New TL's that report to CR's result in a 3-5 drop

YMMV

Add them up and see which way your going

Long before all these INQ's I recommended a easy secured card SFDCU

With all the HP's now I'm not sure they would approved but since it doesn't require a HP no harm in trying

Re: Cardmatch.com

Anonymous — Thu, 05 Dec 2013 03:23:40 GMT

As mentiioned before I am getting a WF secured card with a $300 CL in the mail soon, I was approved for it.

So a new TL will lower it 5 or so points, but once it ages to 6 months, it will boost the score, correct?

Also, what's a good utilization? I've heard from as low as 7% to as high as 33%

Re: Cardmatch.com

myjourney — Thu, 05 Dec 2013 03:27:01 GMT

@Anonymous wrote:
As mentiioned before I am getting a WF secured card with a $300 CL in the mail soon, I was approved for it.

So a new TL will lower it 5 or so points, but once it ages to 6 months, it will boost the score, correct?

Also, what's a good utilization? I've heard from as low as 7% to as high as 33%

Not in all cases a lot of scoring comes from what's on CR's if you don't address that then scores will not increase much until those items age

UTL= 1-9% if applying for more credit (max scoring)

If not 10-20% IMHO

Re: Cardmatch.com

Anonymous — Thu, 05 Dec 2013 03:28:18 GMT

So I need to wipe all the baddies off before the score will improve much?

Re: Cardmatch.com

myjourney — Thu, 05 Dec 2013 03:30:09 GMT

@Anonymous wrote:
So I need to wipe all the baddies off before the score will improve much?

As many as you can would really help you ....Trust me

Working on your CR's could lead to the fastest scoring bumps and better approval odds

Re: Cardmatch.com

Anonymous — Thu, 05 Dec 2013 03:35:31 GMT

Is 0% utli (paying the balance off before the statment cuts), a bad thing?

Re: Cardmatch.com

myjourney — Thu, 05 Dec 2013 03:38:29 GMT

@Anonymous wrote:
Is 0% utli (paying the balance off before the statment cuts), a bad thing?

If your trying to increase scores yes

Have it at 1-9% when statement cuts then PIF

Re: Cardmatch.com

Anonymous — Thu, 05 Dec 2013 03:41:09 GMT

One other question...

I have a fingerhut account (its not a credit card), witch a balance of $130 on a $180 limit.

If I pay the account in full, will this ruin the tradeline? Thinking of just paying it off, but then the util will be 0, and then once it ages to 6 months, it won't boost my score, right?

Re: Cardmatch.com

djc1puno — Thu, 05 Dec 2013 03:48:08 GMT

@Anonymous wrote:
One other question...

I have a fingerhut account (its not a credit card), witch a balance of $130 on a $180 limit.

If I pay the account in full, will this ruin the tradeline? Thinking of just paying it off, but then the util will be 0, and then once it ages to 6 months, it won't boost my score, right?

leave a bit of balance for now and once you start using your new wells card then you can pay off your fingerhut and just have a balance report on your wells...

Re: Cardmatch.com

Shinoga — Thu, 05 Dec 2013 03:48:22 GMT