topic Re: Should I take the hit now for DCU?? in Credit Cards

Should I take the hit now for DCU??

pizza1 — Mon, 08 Sep 2014 02:39:01 GMT

So I'm in the garden for cc apps. My last app was 2 months ago which ended in denials. I've got a ton of inquiries and some new accounts this past year, and decided the best course of action was now to garden for 2 yrs. Well, I'd like to have a DCU cc, and I think my chances of getting a decent limit would be to wait and app for the cc in 2 yrs after gardening. My question is this... Should I go ahead and app for membership now, take the hit and build a relationship with them the next two years, then app later on for the card, or wait and do it both together in two years??

Thanks

just to clarify, the HP would only be for membership, not to apply for credit.

Re: Should I take the hit now for DCU??

pizza1 — Mon, 08 Sep 2014 02:21:24 GMT

Anyone? Anyone? Beuhler? Beuhler?

Re: Should I take the hit now for DCU??

daybreakgonesXe — Mon, 08 Sep 2014 02:22:18 GMT

Just go for it, you'll never know until you try!

Re: Should I take the hit now for DCU??

Involver — Mon, 08 Sep 2014 02:25:15 GMT

You might want to wait more than 6 minutes to bump your own thread.

Re: Should I take the hit now for DCU??

pizza1 — Mon, 08 Sep 2014 02:27:22 GMT

Involver... Lmao!! I'm impatient what can I say! Besides , you didn't even answer my question in my post! Some help you are!

Re: Should I take the hit now for DCU??

bigblue7722 — Mon, 08 Sep 2014 02:31:15 GMT

I could never figure out what is so special about DCU. The as low as 1.49% auto rates look good but their credit card seems very boring and the rewards card as low as 11.25% seems a little high to me. Also the double pull one for the account the other for what you want is not fun either. But as for your question OP i would take the HP hit now, build a relationship. A good CU should always value a relationship over anything else.

Re: Should I take the hit now for DCU??

B335is — Mon, 08 Sep 2014 02:33:37 GMT

Is your Chexsystems report clean?

Re: Should I take the hit now for DCU??

pizza1 — Mon, 08 Sep 2014 02:34:43 GMT

Thank you big blue!!

Since I have a recent bk (1 yr old now), I obviously want a higher limit card sooner than later, and have researched DCU some. I figured the HP ill take now for membership will be gone in yrs when I want to apply for the card. I don't know.... I'm torn!

Re: Should I take the hit now for DCU??

pizza1 — Mon, 08 Sep 2014 02:36:10 GMT

B33.... Yep... Never has been an issue for me for checking savings accounts. I bank at two different banks now.

Re: Should I take the hit now for DCU??

PandiferBear — Mon, 08 Sep 2014 02:36:52 GMT

@bigblue7722 wrote:
I could never figure out what is so special about DCU. The as low as 1.49% auto rates look good but their credit card seems very boring and the rewards card as low as 11.25% seems a little high to me. Also the double pull one for the account the other for what you want is not fun either. But as for your question OP i would take the HP hit now, build a relationship. A good CU should always value a relationship over anything else.

I think this is the draw for many. I know it was for me. Will make the trip to the dealership much less stressful.

Re: Should I take the hit now for DCU??

bigblue7722 — Mon, 08 Sep 2014 02:42:56 GMT

@PandiferBear wrote:
@bigblue7722 wrote:
I could never figure out what is so special about DCU. The as low as 1.49% auto rates look good but their credit card seems very boring and the rewards card as low as 11.25% seems a little high to me. Also the double pull one for the account the other for what you want is not fun either. But as for your question OP i would take the HP hit now, build a relationship. A good CU should always value a relationship over anything else.
I think this is the draw for many. I know it was for me. Will make the trip to the dealership much less stressful.

Yes but a lot of Credit unions offer similar rates. Their checking accounts are terrible. 0.05 APY!!! Theres a CU in CT that offers 4.99 APY on up to 10k.

Re: Should I take the hit now for DCU??

PandiferBear — Mon, 08 Sep 2014 02:47:06 GMT

@bigblue7722 wrote:
@PandiferBear wrote:
@bigblue7722 wrote:
I could never figure out what is so special about DCU. The as low as 1.49% auto rates look good but their credit card seems very boring and the rewards card as low as 11.25% seems a little high to me. Also the double pull one for the account the other for what you want is not fun either. But as for your question OP i would take the HP hit now, build a relationship. A good CU should always value a relationship over anything else.
I think this is the draw for many. I know it was for me. Will make the trip to the dealership much less stressful.
Yes but a lot of Credit unions offer similar rates. Their checking accounts are terrible. 0.05 APY!!! Theres a CU in CT that offers 4.99 APY on up to 10k.

True, but in my area credit union loan rates are higher than what DCU offers, so it was worth it for me. They are not going to be my go-to banking institution. I may use them for a savings account, because I can put them out of sight and out of mind.

Re: Should I take the hit now for DCU??

leegreen — Mon, 08 Sep 2014 02:57:17 GMT

I am a DCU member, I have an open checking and savings that I do nothing with...fee free though. However its great seeing my Equifax Classic 04 score free every month! My vote would be that the score alone is worth joining...plus you can monitor FICO progress for free!

I say join now pizza and watch your gardening progress for free!

Re: Should I take the hit now for DCU??

myjourney — Mon, 08 Sep 2014 03:22:21 GMT

SMH Lol

Re: Should I take the hit now for DCU??

pizza1 — Mon, 08 Sep 2014 03:26:32 GMT

LMFAO MJ!!! Hahahaha love it!! I'm just thinking ahead here... The app would only be for membership!! Not a cc!! So it doesn't count! Lol I wouldn't be approved for anything credit related right now, especially Being EQ pulled lol!!

Re: Should I take the hit now for DCU??

B335is — Mon, 08 Sep 2014 03:28:02 GMT

@pizza1 wrote:
LMFAO MJ!!! Hahahaha love it!! I'm just thinking ahead here... The app would only be for membership!! Not a cc!! So it doesn't count! Lol I wouldn't be approved for anything credit related right now, especially Being EQ pulled lol!!

Has gardening changed?

Re: Should I take the hit now for DCU??

myjourney — Mon, 08 Sep 2014 03:28:32 GMT

@pizza1 wrote:
LMFAO MJ!!! Hahahaha love it!! I'm just thinking ahead here... The app would only be for membership!! Not a cc!! So it doesn't count! Lol I wouldn't be approved for anything credit related right now, especially Being EQ pulled lol!!

Sure? The first step is admitting the problem Lol

Re: Should I take the hit now for DCU??

pizza1 — Mon, 08 Sep 2014 03:32:00 GMT

You guys are killing me!! Lol!!! So you think I shouldnt app for membership now to be able to garden and build a relationship with them for next two years?? Is that what you're really trying to tell me, lol! So instead of taking one HP hot now for membership, let it age completely off, and then apply in two years for their cc, you think I should wait and take 2 HP at the same time in two years from now? Just trying to clarify

Re: Should I take the hit now for DCU??

Kenny — Mon, 08 Sep 2014 03:36:54 GMT

I'd say go ahead and get the membership started and then eventually maybe preapprovals will roll in.

Re: Should I take the hit now for DCU??

myjourney — Mon, 08 Sep 2014 03:44:34 GMT

@pizza1 wrote:
You guys are killing me!! Lol!!! So you think I shouldnt app for membership now to be able to garden and build a relationship with them for next two years?? Is that what you're really trying to tell me, lol! So instead of taking one HP hot now for membership, let it age completely off, and then apply in two years for their cc, you think I should wait and take 2 HP at the same time in two years from now? Just trying to clarify

You know me I look at the whole pic from every angle ...at least I try to....I'm not perfect but I try to see the value in everything...Lol

So that being said your willing to take a HP FOR?

No signup bonus?

No reward structure?

No Credit whatsoever?

For a free score?

And the chance of doing business with them 2 years from now?

What's the value of a HP to you?

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