I posted this the other day in the cc apps forum but figured maybe I'd get some opinions in here. I applied for discover it in august, but my credit was brand new, from july, so I was declined. I applied again stubbornly, knowing I'd be declined again, the following month and of course, I was.
I was definitely going to wait until next spring AT LEAST, to reapply. But after hearing the promo is going to go til the end of the year, I'm very tempted to reapply next month. My eq score is still stuck at 618 (I pulled from CCT tuesday) until this last collection is deleted which will happen this month. Score will almost definitely sky rocket. I got almost 100 points on tu somehow when tu deleted and 74 points on ex. Also, my eq score was 629 last month and dcu says it was 642 at the end of oct, which is 04, therefore should be lower. My uti went to 8% this month which could be why eq 08 is so low. Before the end of the year, I won't even have half a year of my own credit, despite perfect payment history, 1% uti, etc.
So, would apping again in 2015 be pointless?
- First denial reason on the letter they sent was, collection or public record, which as I said, will be addressed and rectified this month.
- Second was not enough accounts, student loan wasnt reporting yet when I last applied, so that might change that?
- Third was length of credit history, nothing I can do there...I'm an au on my dads barclays from july 2013, if that matters.
- Fourth said not enough accounts paid as agreed, not sure about this because I had %1 util and my student loan for $1450 is deferred?
- Fifth was too many inqs, 2 inqs are from september (including discover) 4 from august, 2 from july, 1 from june, 1 from feb, 1 from april 2014
I plan on getting the discover it card regardless, and with 2% back, I'd have a new daily driver with my qs1 as backup incase someone doesnt accept discover.
Thanks all.
