Lowes Consumer Card - What To Do

[Anonymous]

Hello,

I applied for the Lowes consumer card this morning, they did a TU pull where I have a 642 score. I have the following:

mortgage opened 2 years ago

two new car loans in the past 2 years

one car loan payed off

in the past 6 months have opened a carecredit and exxon smart card and discover it, also have a FNBOHA card that I got years ago to jumpstart my credit (I had none)

only showing 2 negative accounts on my report, from medical items which I have been slowly paying off

I am high salary and my payment history is perfect.

I got the 7-10 reply on line, called synchrony and they said of course I need to wait for the letter but the gentleman told me if I applied in store I could potentially have better luck. 

I frequent Lowes and HD because I have a custom furniture business on the side that I do, and also projects for our home. 

My question is, what should my next step be? Wait for the letter and then wait a while to get my scores higher? Or possibly go into the store and talk to a CSR and explain the situation and try that way? I am trying to increase my credit portfolio and get cards I will actually use. 

Thanks in advance,

David

[Anonymous]

Also, found it odd that I already have one Synchrony card (care credit) with a 2k initial CL, but would get denied for this one?

[Anonymous]

Did you get that $2000 SL card when your utilization was lower or AAoA was higher?

[Anonymous]

---

@Anonymous wrote:

Did you get that $2000 SL card when your utilization was lower or AAoA was higher?

---

it was just a few months ago, utilization and AAoa was almost identical. the only thing different around the time was a few points increase because I had paid off some medical accounts from a long time ago, not sure how much that would affect it though?

[Meanmchine]

Wait for the letter

[Anonymous]

I imagine length of credit history and number of inquiries probably. So you think going in to a CSR and talking to them about the situation and having them call in the app to the underwriters is a bad idea? 

thank you for your replies!

[Anonymous]

I would visit the store

[Anonymous]

---

@Anonymous wrote:

I would visit the store

---

I think I am going to at least go in and talk to customer service, explaining the situation. The gentleman I spoke to at Synchrony underwriting sounded pretty confident I could go in to the store and have them call and get it approved.

[A1Credit]

---

@Anonymous wrote:

---

@Anonymous wrote:

I would visit the store

---

I think I am going to at least go in and talk to customer service, explaining the situation. The gentleman I spoke to at Synchrony underwriting sounded pretty confident I could go in to the store and have them call and get it approved.

---

Please keep us updated.  Good luck!

[Anonymous]

I’ve found that some Synchrony cards are easier to get than others. I only say that because I applied for the Lowe’s card and was denied but then waited 3 months and got approved.

It won’t hurt to go in person and see if they will approve it but if not then you certainly probably won’t have to wait long to get approved down the road!