@zerofire wrote:
@mgood wrote:I think I recently saw someone who got declined at 0/12, but the reason seemed to be the x/24 number, which I didn't know they paid any attention to before that.
Issuers can see up to 24 months. It is up to them how much that is considered in the application.
Oh, I realize that. I just hadn't seen any previous data points of USB looking beyond the past 12 months. I found it interesting.
EQ8 769, TU8 757, EX8 769 as of May 1
@Aim_High wrote:
@CreditCuriosity wrote:
@AyaMai wrote:
@Blender wrote:Not great.
How many are you x/6?
6/6
As others has stated just don't.. Wait at least to 0/6 and even though with citi nothing is guaranteed. Us Bank is even more strict likely. Charge offs are very high right now and various other issues banks especially those two have really tightened up and not sure if anyone knows what the true cut off points are if a set rule, but they aren't favorable in current conditions.
@CreditCuriosity is right, but I'd take it a step farther, @AyaMai. Yes, US Bank and CITI are both very conservative about recent credit-seeking. While there aren't well-known metrics like there are with some other large lenders like Chase (5/24), I believe both of these banks look at the x/6 and x/12 values. More than one or two, depending on profile, will probably lead to a denial.
When you say the inquiries will drop off, do you mean as scorable (after 12 months) or drop off as reportable (after 24 months?) It's usually best to give the x/6; x/12; x/24 data points (both inquiries and new accounts) for the community to give feedback. Your best chance will be when you reach 1/12 or after. And I would only pursue one or the other lender at that time. Then garden and wait another six months at least before applying with the other.
Trying to figure out X/6; X/12; X/24
As of today I have 17 inquiries, 4 inquiries will be dropped off from Inquiries Report by June 9, 2024 and another 6 dropped by March 19/2025.
I had 6 inquiries in the last 6 months and 12 in the last 12 months and 17 in the last 24 months. My inquiries tend not to be spread out in a year but conentrated in a 2 months period of time. I did open a Citibank checking account with a SUB of $300 2 days ago, I am authorized user on DW Citibank Costco Visa Card, used same user and password creditendials to open the account, did have identity check on Experian, was surprised to be approved since Chase denied me few months ago -
I am following the 6 months rule to apply but didn't succeed to apply just for a card but I end up applying for multiple cards in October/November 2023 as I did last December 2022/January 2023. Citibank & US Bank are inquiry sensitive, have to use the conservative approach to be approved for a card, appreciate memebers responses to educate me and remind me not to do a dumb move which I do to & halt me the urge to apply for a card with no logic reason from my part.
I need to learn not to apply for a year which would be great, at my age time flies so quick :-)
@AyaMai wrote:Trying to figure out X/6; X/12; X/24
As of today I have 17 inquiries, 4 inquiries will be dropped off from Inquiries Report by June 9, 2024 and another 6 dropped by March 19/2025. . . .
Keep in mind that number of inquiries are probably different on each CRA. They're only on whichever one that lender pulled.
I'm 0/6, 3/12 on Eq; 1/6, 1/12 on TU; and 1/6, 3/12 on Ex.
Sometimes if you have a bunch of inquiries on one, like Ex, you can try applying for something that pulls Eq, for example 
New accounts generally report to all three, so your x/6, x/12, x/24 numbers for accounts should be the same across all the CRAs. (There are exceptions, like some loans, but all the credit cards I'm aware of report to all three.)
@AyaMai wrote:
I am following the 6 months rule to apply but didn't succeed to apply just for a card but I end up applying for multiple cards in October/November 2023 as I did last December 2022/January 2023.
I do they same thing. I behave for 3 months or 6 months and then decide to get ONE card. When I get approved for one, I think "What's one more going to hurt?" 
@mgood wrote:
@AyaMai wrote:Trying to figure out X/6; X/12; X/24
As of today I have 17 inquiries, 4 inquiries will be dropped off from Inquiries Report by June 9, 2024 and another 6 dropped by March 19/2025. . . .
Keep in mind that number of inquiries are probably different on each CRA. They're only on whichever one that lender pulled.
I'm 0/6, 3/12 on Eq; 1/6, 1/12 on TU; and 1/6, 3/12 on Ex.Sometimes if you have a bunch of inquiries on one, like Ex, you can try applying for something that pulls Eq, for example
New accounts generally report to all three, so your x/6, x/12, x/24 numbers for accounts should be the same across all the CRAs. (There are exceptions, like some loans, but all the credit cards I'm aware of report to all three.)
@AyaMai wrote:
I am following the 6 months rule to apply but didn't succeed to apply just for a card but I end up applying for multiple cards in October/November 2023 as I did last December 2022/January 2023.
I do they same thing. I behave for 3 months or 6 months and then decide to get ONE card. When I get approved for one, I think "What's one more going to hurt?"
More than a year ago I had a collection pop up from nowhere about an account which was closed more than a decade ago, my score dropped 60 points on Experian. There was no collection reported on Equifax, I found out from the community Comenity Bank pulls from Equifax, instanlty I applied for 3 cards from them, got approved, another card after 4 months and another card 3 months ago by the way they are not store cards. I do not have have any issues with the bank as others who bank with them. The strange part that the collection disappeared suddenly and my score shot back up. My score at this moment Experian 773, Equifax 781, Transunion 801.
I would be approved for Bilt in 6 months , do I need it, no since DW has one, waiting for new Wells Fargo Cards to be announced and what are the new transfer partners for my Wells Fargo Autograph.
@mgood wrote:
@AyaMai wrote:Trying to figure out X/6; X/12; X/24
Keep in mind that number of inquiries are probably different on each CRA. They're only on whichever one that lender pulled.
That's a good point, @mgood. This brings up a tracking method that I use to simplify where I am in my new credit apps. While there are many ways to do it, I keep a MS Word document with, among other things, a simple table for each of the three CRBs (EX; EQ; TU) and a fourth for "New Accounts." When I update it, I put the date at the top. Also I show total inquiries (24 months) and scorable (12 months.) Adding a line for a new year or subtracting old years is easy. Each new inquiry or card goes in that little box with a simple reference to the lender and date; for example, "Citi - 15" to indicate a new CITI card/inquiry in that month on the 15th. If you want to get really fancy, you can even use the shading to tint the 0-12; 12-24; or 25+ in different colors. (*Note: The table looks very small and compact in my example, but in a Word document, it's larger and plenty big enough to add references without making it look too busy.)
In that file, I've also got a running list of my card names, dates added, noted if business (so doesn't show on personal reports), and I keep it shaded with different colors for 0-6 months; 6-12 months; 12-24 months; 25+ months. New cards go on top; older ones at the bottom.
And I've also got a list of all my cards with opening date, credit limits, etc.
Lists and tables are a great visual reference for me and a reminder when I get too aggressive.
Inquiries EQ __ (scorable __) as of 01/15/2024 (x/6; x/12; x/24 | ||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
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