Odds of approval for care credit

[Anonymous]

Hi, I am hesitant to apply for care credit as I believe I will be denied. I am waiting until my next update on credit before I apply. After the update, I will have about 55% util. I have 100% payment history. I just consigned in Jan for a 24k truck loan. I have another vehicle loan open June 2017. 3 credit cards total, with low limits (cap one $500, credit one $500, Walmart $200). CK says TU is 631, but I recently applied for prosper health, and they reported 604. Also have student loans but on repayment plan with $0/mo.

The procedure I want done is about 9K. I doubt I’ll be approved.

[Anonymous]

if you lower your util you would gain a lot of points then that would have a better chance for approval

[Anonymous]

Yes, I’m in the process of paying down. One is at a 0 balance, so now I’m working on the other two.

[Anonymous]

Do my odds improve Since I have a synchrony bank Walmart card?

[Anonymous]

Can anyone tell me which credit bureau care credit pulls from?

[Anonymous]

i believe its transunion

[Anonymous]

Care Credit pulled TU for my account in WA state. You might want to see if your provider accepts Alpaeon. It's similar to Care Credit but back my Comienty. I needed to have a procedure in 2016, and I was only approved for $1k CareCredit. Alphaeon approved me for $6k. My scores were all between 580 and 600. 

I wouldn't recommend that route if a procedure you want and don't need, but it was interest free financing like care credit. 

[Anonymous]

I’m checking to see what else they suggest. Because I’m thinking if I am approved for care credit it won’t be very much. It is a wanted, not needed, procedure so I may just have to wait. 😩

[FinStar]

As others have mentioned, given your current CLs, DTI and other overall profile information, it's unlikely that Care Credit would approve $9K out of the gate.

Once you get the utilization normalized, it's fairly possible you may get approved, albeit a much smaller CL than $9K.