EX-cc-R they

[Anonymous]

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@debts wrote:

I sure do need to do that. Amen 

I will be house hunting Jan-June, 2016 and will be moving from my current residence of 5+ years and i need to keep my inquiry # as low as possible.

I still did not understand what Discover meant when asking me for a Joint application? my credit was not good enough on EX?

or they actually wanted a better profile for approval;

Patience is biting on me. I so much wanted the Discover card before i went house hunting. Just didnt work

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They want someone else with better scores to apply along with you.  When I applied, I did not qualify outright, but was offered a secure card with the hope of it unsecuring in a year.  At the time of my application, my scores were EQ 630, TU 660, EX 655 but still had some collections showing.  I only have one collection left which should be gone by the time it comes for Discover It to unsecure. 

[CreditDunce]

If you can pay off your credit card so it reports less than 10% utilization, your credit score probably wouldn't be a problem to get approved for a mid-tier visa/mc.  Your score is really being hammered with the high utilization.  In addition, some CCC may simply deny anyone with such a high utilization.  If you are actually paying in full each month, but have a low credit limit, you may need to pay most of your credit card bill before the statement cuts.  At least before applying for credit cards, etc.

If you can't afford to pay off your credit card, you might not be in the best position to go house hunting in a few months.   Most lenders are going to want to see some reserves in addition to a reasonable down payment.   If you have a maxed out credit card, it will be even more of a red flag than it is for applying for a credit card.

PS. If you do not have any installment loans, I would highly recommend you get one via a credit union.  Then pay off most (90%) of the loan.   It will boost your FICO 08 scores a good bit (10-15 points conservatively).  It will not help as much for your mortgage FICO scores, but it may help your EX-98 score.   Small differences in your credit score can make a huge difference in how much you end up paying for a mortgage.   For more details hang out in the Understanding Fico sub-forum.

Good Luck.