topic Re: Lowes CC in Credit Cards

Lowes CC

Anonymous — Thu, 01 May 2008 22:34:41 GMT

What kind of scores do you have to have to get approved for lowes card? Help anyone? My equifax is 642

Re: Lowes CC

heirophant — Thu, 01 May 2008 22:42:54 GMT

You are probably safe with that score and will get a pretty nice limit. I would guess around 2K....but it all depends on what baddies are on the report. No BK's, recent CO's, or collections?

Re: Lowes CC

Anonymous — Thu, 01 May 2008 23:01:01 GMT

I'm new to fico and just subscribed to score watch and got my equifax score (642) this is what it looks like.

3) collections unpaid and don't say to who but I'm sure it's medical

1st Original balance $219

Date assigned July,01,2002

Date reported April 01,2008

Date last active Sep 01, 2001

2nd Original balance $487

Date assigned Aug 01,2002

Date reported April 01, 2008

Date last active Nov 01, 2001

3rd Original balance $487

Date assigned Aug 01,2002

Date reported April 01, 2004

Date last active Nov 01, 2001

On a positive note I have 3 accounts in good standing 1 with 0 balance and 2 auto joint with life partner who has helped me get a credit score because I started out with a score of 0 three years ago. What should I do now one of these has to be a duplicate but I don't know. Any help would be appreciated. I need a new lawn tractor, think lowes would approve me with a down payment?

Re: Lowes CC

Jesedmotherof5 — Thu, 01 May 2008 23:27:19 GMT

have you check whogavemecredit.com ?

Re: Lowes CC

Anonymous — Thu, 01 May 2008 23:33:11 GMT

NO, I haven't applied for any credit since new auto in 2005 so I have no inquiries at all and the accounts I do have are all in good standing with 0 late payments since 2004 and paid down.1 auto in 2004 original balance of 25K owe lil over 9K & my truck original 30K bal now 12K. I just have those 3 collections which I don't know what to do with yet... still awaiting feedback from others on here.

Message Edited by egh68 on 05-01-2008 04:33 PM

Re: Lowes CC

heirophant — Thu, 01 May 2008 23:34:37 GMT

Those are really old collections. I have more than that that are newer and I got approved with an EQ of 602 for $800. I think you should go for it. The promos are awesome.

Re: Lowes CC

heirophant — Thu, 01 May 2008 23:40:11 GMT

As far as the collections, you need to find out the Statute of limitations for your state. I wouldn't dispute unless they are past the point of being able to collect. They are so old, they will fall off by next year on your report. No need to rock the boat.

Re: Lowes CC

haulingthescoreup — Thu, 01 May 2008 23:40:25 GMT

Yes, but a lot of lenders will shy away from unpaid collections, regardless of how old. Don't know where GEMB falls in this department.

Re: Lowes CC

heirophant — Thu, 01 May 2008 23:42:27 GMT

haulingthescoreup wrote:
Yes, but a lot of lenders will shy away from unpaid collections, regardless of how old. Don't know where GEMB falls in this department.

Like I said, I still have some unpaid collections on my report and they approved me. In fact, I also have a 2K Care Credit account.

Message Edited by heirophant on 05-01-2008 04:42 PM

Re: Lowes CC

haulingthescoreup — Thu, 01 May 2008 23:47:42 GMT

@heirophant wrote:

@haulingthescoreup wrote:
Yes, but a lot of lenders will shy away from unpaid collections, regardless of how old. Don't know where GEMB falls in this department.
Like I said, I still have some unpaid collections on my report and they approved me. In fact, I also have a 2K Care Credit account.

Oops, sorry, I missed that first time through. This has been a really long week, and one more workday to go!

Thanks for the catch.

Re: Lowes CC

Anonymous — Fri, 02 May 2008 00:59:34 GMT

I think Lowes (GEMB) primarily pulls TU. I got several GEMB cards last week with TU of 614, 03 bankruptcy a couple of baddies and upaid collections.

Re: Lowes CC

heirophant — Fri, 02 May 2008 01:03:36 GMT

GEMB has pulled nothing but EQ for me on my 2 cards and one CLI. I think this is the experience of the majority of GEMB card holders. Probably varies by state. If only whogavemecredit had that info....

Oh, and the denial for their Net Rewards Visa last year was alow EQ.

Message Edited by heirophant on 05-01-2008 06:03 PM

Re: Lowes CC

Anonymous — Fri, 02 May 2008 03:29:24 GMT

Here in Georgia Lowes pulls EQ About 90% time.P.S. Shows card issuer to Brooks Brothers WTH is, that.

Re: Lowes CC

Anonymous — Fri, 02 May 2008 12:36:19 GMT

My CR are confusing. seems like not everything matches up but everything should be off by 10/2008 so I don't think I should try to dispute anything and have them change the fall off date. All I know is if I don't want to push mow 4 acres Lowes is going to have to cut me some slack. The lil woman has had a Lowes card for several years with 1200 cl with 0 balance but she said if I was going to pay $3000 for a mower that I had to get my own Lowes card because she wasn't going to request a cli and have a hard pull on her CR or raise her uti. I currently don't have any CC's and have 3 TL one paid off and 2 auto's. We own our house & land but it's in her name because we are not married. When we met I had no kind of credit because I paid cash for everything and had a nonexistent score and now am up to 642. She has taught me a lot about credit management even though she handles all the finances.

Re: Lowes CC

Anonymous — Fri, 02 May 2008 20:11:31 GMT

Ok just got back from Lowes. They approved me for 1K credit line not enough to get the mower but I still got my mower, the lil woman met me there and put it on her account. She was proud of me for getting my first CC and rewarded me LOL with the understanding that I pay it off in 6 weeks so she don't get hit with finance charges. Lowe's has changed the 0% interest for 12 months with $299 purchases. It's now only 0% on select items over $299 but I'm happy any ways.

Re: Lowes CC

haulingthescoreup — Fri, 02 May 2008 22:21:25 GMT

Congrats to you on the card, and on the lil woman! You seem to have found a tough but loving and excellent schoolmarm. Happy mowing!

Re: Lowes CC

Anonymous — Sat, 03 May 2008 02:12:39 GMT

Evening Hauling, question for you on my CR it shows the credit issuer of my Lowes Card to be Brooks Brothers Platinum card. To the best of my knowledge a regular Lowes card is just that a store card could it be considered anything else. Pass along anything you may know I"ve never heard this before. Thanks

Re: Lowes CC

haulingthescoreup — Sat, 03 May 2008 02:18:31 GMT

@Anonymous wrote:

Evening Hauling, question for you on my CR it shows the credit issuer of my Lowes Card to be Brooks Brothers Platinum card. To the best of my knowledge a regular Lowes card is just that a store card could it be considered anything else. Pass along anything you may know I"ve never heard this before. Thanks

I don't know what the heck that's all about! I've heard of some pretty strange pairings before, but never that one.

I'd call up GEMB/Lowe's and ask them WTH. And I'd keep a pretty wary eye on my reports for the next 6 months or so, to make sure that you're not getting Oxford grey pinstripe 3-piece suits on your Lowe's card. I don't know that Jimmie Johnson shops at Brooks Brothers.

Re: Lowes CC

Anonymous — Sat, 03 May 2008 02:27:19 GMT

Got Ya I just pulled EQ everything is all good Call me stupid WTH is Brooks Brothers a high end retail store or what. Here in GA I don"t think there are any . GEMB operates a little different than other lenders it seems. By the way thanks as always for the information

Re: Lowes CC

haulingthescoreup — Sat, 03 May 2008 02:37:02 GMT

GEMB has umpty-zillion store cards. So I wouldn't be surprised if they have Brooks Brothers right up there next to Lowe's. Remember that banquet in Noo Yawk City? They all have to dress up sometime.