How reliable are pre approvals?????

SecretAzure · ‎03-04-2015

Sorry michikade but what does "SCT" stand for?

Thanks in advance!

"Show your thanks with action! Hit the "Kudos" button (the stripe with the star) for every post you find helpful to show your appreciation to the community of great individuals who help you on these forums" -Me

Active Cards: Chevron Texaco, Amex BCE, Barclays Ring, Chase Freedom, Chase Freedom Unlimited, Best Buy Visa, Marvel MC

Must garden until 2/1/2022 to hit my goal AAOA.

dobirdsmommy · ‎03-04-2015

@SecretAzure wrote:
Sorry @Anonymous but what does "SCT" stand for?

Thanks in advance!

Shopping cart trick

building since 2011 Wallet:ME: Walmart 3k;Barclays Rewards 10k, Venture 18k; Slate 5k; Freedom 10k; overstock 4.8k, SGV2.5k; WEMC 20k 1.5 Rewards, Gamestop 1.2k, Fingerhut 3k; 2 NMAC Leases , VS 1.75k, BH 1.62k, Express 1.6k, Avenue 1.75k, JCrew 5k, HSN 1.47k, Torrid 1.55k, Roamans 1.4k, Jessica London 1.54k, kings direct 1.7k, Buckle 1.4k, WW 1.65k, ........ baddies:Fed Tax Lien
DH: 1750 capital one fh 2000, AU - VS, BH, HSN, WEMC, SPGV. Freedom, Slate, Venture, Barclays

Anonymous · ‎03-04-2015

@SecretAzure wrote:
Sorry @Anonymous but what does "SCT" stand for?

Thanks in advance!

It stands for Shopping Cart Trick, those comenity store cards like Victorias Secret and Buckle and Overstock. If you get a "Pre-Approval" popup at one of the online stores that Comenity provides the store card for, it's a soft pull but generally a yes, while a pre-qual at one of those stores means nothing.

alienfico · ‎03-07-2015

Well, I apped for Capital 1 and got approved for $300 unsecured - it is a low start but I will treat it right and charge it up and pay in full several times a month and hopefully they will increase my credit line after doing this over a couple of months.

Sadly, Discover denied and so did Barclays. They both told me to try again in six months. Apparently the high utilization on the AU card killed it. So now I'm wondering if it is even worth being an AU on that card. It has a $6,000 limit but the current balance is $3,800.

Back to the garden for six months....both of those HP cost me a total of 5 points. on my EQ which was 590....prior to apping

Starting: TU:515, EX:521, EQ:528
Current: TU:700 EX:706 EQ:674
FICO Goal: 725
Cap1 Venture $11,000AU, First Progress $500, Cap1 QS $1750, FH$600, Open Sky $300, Cap1 $500, BestBuy $1500 Target $1800

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Re: How reliable are pre approvals?????

Re: How reliable are pre approvals?????

Re: How reliable are pre approvals?????