topic Re: Will WaMu approve me? in General Credit Topics

Will WaMu approve me?

Anonymous — Mon, 21 May 2007 12:45:24 GMT

I heard Washingtin Mutual pulls TU...i got a TU score of 572 with an inquiry from Hooters Card on 5/15/07.

I applied today with the offer that they send me in the mail...Do I stand a chance of getting approval?

I mean, I want this card because theres no annual fee. If i get approved for Hooters and Wamu...ill probably keep WaMu because Hooters got an annual fee for me.

Re: Will WaMu approve me?

Tuscani — Mon, 21 May 2007 12:56:23 GMT

You probably have a pretty good chance.

Re: Will WaMu approve me?

Anonymous — Mon, 21 May 2007 16:05:50 GMT

WaMu/Providian won't approve me because I had a Providian in 1999-2000 that was charged off to the tune of about $3000. Apparently they have long memories (like AMEX) and won't approve anybody who has ever defaulted on them.

Even with my FICO in the 650s and going up, I suspect they won't have anything to do with me until the Providian TL falls off.

Re: Will WaMu approve me?

Anonymous — Mon, 21 May 2007 16:53:22 GMT

Was the offer from WAMU an invite or a pre approved offer? I got a pre approval from them and they approved me online for 2000 credit limit. I was geeked because I was in the process of improving my credit and a friend had a WAMU and she said that they automatically review your credit for credit line increase. Hers went from 1000 to 7000 with in a year.

Re: Will WaMu approve me?

Anonymous — Mon, 21 May 2007 17:31:27 GMT

Okay so i just called Wamu and got approved for $750 CL with no annual fee.

In your opinion...Should i also activate the Orchard ($300 CL, $59AF) to start building my credit up again??? (If i dont activate it...it wouldnt come on my report...correct?)

I also have Cap1 which has never been late with a $500 CL opened nearly 5 years ago.

7 bad items on the credit report and 1 medical collection. All paid in full or settlements in 2006 except the collection, which was 2 months ago.

Re: Will WaMu approve me?

Anonymous — Mon, 21 May 2007 17:33:26 GMT

it was an invite. and they approved me for $750. Its a start. thats all i care about.

Re: Will WaMu approve me?

Tuscani — Mon, 21 May 2007 17:40:03 GMT

I would activate the Orchard.. close it in about a year or before the AF renews.

Re: Will WaMu approve me?

Anonymous — Mon, 21 May 2007 17:44:41 GMT

i was thinking the same thing...or what i can do is try to get that AF taken off as i'll try my best to be ontime with each payment. If they dont do that, then i'll close it in a year before the AF hits again.

Re: Will WaMu approve me?

Tuscani — Mon, 21 May 2007 17:49:16 GMT

Irvin wrote:
i was thinking the same thing...or what i can do is try to get that AF taken off as i'll try my best to be ontime with each payment. If they dont do that, then i'll close it in a year before the AF hits again.

Yep. Sounds like a plan! Glab you got approved. I was pretty confident you would.

Re: Will WaMu approve me?

Anonymous — Mon, 21 May 2007 18:55:14 GMT

actually it was a "pre-approval"..not an invite from Wamu

Re: Will WaMu approve me?

MercyMe — Mon, 21 May 2007 20:07:13 GMT

Hey, Tuscani, are you still on? And Hi, again, all.

I have a question regarding Washington Mutual. Well, a couple. First, do you have a WaMu card? Are you -- wise advisor and trusted contributor, upon whom so many of us rely (like Noah and Brammy and LadyFi) satisfied with them? Brammy spoke much about them, and I've read the posts, but I'm leary of a turn down, or another $500 card, too, right now, even because one of my credit pitfalls is low credit limits. (You'd think the CRAS would prefer it that way, huh?)

But anyway, I'm looking at two Wamu offers of credit, so no one be discouraged. They will continue to send them, honestly. ) What's the difference between an invitation and a pre-approval? I have until day after tomorrow to reply to one, which reads: Get a 0% fixed APR until June 1, 2008 on balances transferred now. What does the NOW mean? Credit Limit up to $7500, it says. Yeah right.

The other doesn't say it's from Washington Mutual but I think it must be. Or Providian, maybe? The offer's the same, the cards to choose from are the same, and it has the free Fico monitorring. I blew the chance at one, when my scores were higher. 3.99 fixed for the duration, on balance transfers and 10% back on gas. That offer expired in March. I really don't want another card. I have enough. But to think about saving all that interest on all the three 4 and 5 hundred dollar cards sure is tempting.

Do you suppose I should wait until after I'm done disputing with Sun Trust? I talked to the main branch today, and demanded to speak with someone who could resolve this mess now. They put me through to a manager who said he'd take care of it. It will be fixed or off the credit within two weeks. Of course, I had to threaten them with the FTC and suit.

That's another thing (and am I asking too many questions?) . I have heard Washington Mutual pulls Transunion. My TU score, from TU, is lower than my TU Fico, from MyFico. Which one will they use should I decide to apply?

Thanks.

just me.

Re: Will WaMu approve me?

Anonymous — Tue, 05 Jun 2007 13:02:16 GMT

Has anybody gotten a CLI upon Activation from WaMu???

Do I have a chance? Are they going to pull my report again?

Re: Will WaMu approve me?

Anonymous — Tue, 05 Jun 2007 14:30:59 GMT

I have a card I got last September. At that time they did not do cli at activation, but it may have changed. My understanding is the CLI will not come till after one year of on-time payments.

Re: Will WaMu approve me?

Cory — Tue, 05 Jun 2007 15:07:57 GMT

Irvin wrote:
Has anybody gotten a CLI upon Activation from WaMu???

Do I have a chance? Are they going to pull my report again?

Irvin, slow down and breath, lol. You are getting credit from everyone now. You already want an increase and haven't even gotten the card yet. That's great that you are getting approved hope you take care of it.
You can host your own seminar on credit cards now lol. You and Tuscani.
I will never get into the mess I got myself into again in life. For now on I will have no more than 3 major credit cards, lol.
Cory

Re: Will WaMu approve me?

Anonymous — Tue, 05 Jun 2007 15:18:19 GMT

haha. you are right. i gotta do my best try not to get in trouble again. I had to get new lines of credit because i only had 1. But this is it, nomore new credit for me for as long as possible.

Re: Will WaMu approve me?

cabledude27 — Tue, 05 Jun 2007 15:22:08 GMT

These guys keep pre-approving and inviting me then declining me. I had a providian that I thought was sold to Emerge Visa but they keep declining me and I see from further inspection of my CR that I had another Providian that was put under my Bankruptcy. It's so annoying as they send me these "pre approves/invites" every week, if they are declining me due to the Providian bankruptcy cant they flag me or something so that I stop getting the offers? I mean what do they see when the check me for the pre approved offers? Apparently not that little piece of info. Other than the obvious (throw out the pre approvals I get from them) is there any advice on anything I can do about the declines or pre approvals from them?

Re: Will WaMu approve me?

Anonymous — Tue, 05 Jun 2007 15:34:03 GMT

@cabledude27 wrote:
These guys keep pre-approving and inviting me then declining me. I had a providian that I thought was sold to Emerge Visa but they keep declining me and I see from further inspection of my CR that I had another Providian that was put under my Bankruptcy. It's so annoying as they send me these "pre approves/invites" every week, if they are declining me due to the Providian bankruptcy cant they flag me or something so that I stop getting the offers? I mean what do they see when the check me for the pre approved offers? Apparently not that little piece of info. Other than the obvious (throw out the pre approvals I get from them) is there any advice on anything I can do about the declines or pre approvals from them?

Sounds like the only way to get back in their graces would be to settle the old discharged debt. Obviously you don't want to do that? Start tossing them in the trash on the way into the house?

Re: Will WaMu approve me?

Anonymous — Tue, 05 Jun 2007 16:30:28 GMT

For WAMU Specifically. **Wamu does strange things with apps. Before you apply, make sure you have either a 0$ balance or very very close to $0 on your credit reports with all other credit cards. It will improve your odds greatly with WAMU. They do not like UTL when applying.

Re: Will WaMu approve me?

Cory — Tue, 05 Jun 2007 18:33:40 GMT

Irvin wrote:
haha. you are right. i gotta do my best try not to get in trouble again. I had to get new lines of credit because i only had 1. But this is it, nomore new credit for me for as long as possible.

Yeah right, you are going to apply again after you read this post. lol

You have like 20 credit cards now?

Re: Will WaMu approve me?

Anonymous — Tue, 05 Jun 2007 18:38:35 GMT

haha. I am 4 right now...

but 20 is not thatttt far away. Almost there.

haha jk