I just received a prequal offer in the mail for the Cap One GM Buy power card. I'm pretty stoked about that because its the first card offer I have gotten since working on rebuilding that wasn't subprime.
My concern is that yesterday I had a 19 point drop in Exp score (just Exp). I have until February to accept the offer, but of course my fingers are itchy to app for this card.
Advice? Should I wait? Should I pull the trigger and hope my other 2 scores are high enough?
Such decisions!
We are actually planning on buying either a Yukon or Suburban this spring, but I doubt I can rack up enough points that quickly. Eventually I would like a Silverado, but that will definitely need to wait a couple of years after the SUV purchase.
Not even going to lie, I am probably more excited at the prequal for a card that doesn't come with a $75 initial fee and $300 CL
Typically, the GM card is a single pull rather than Cap One's famous triple pull. They did a single EQ pull for mine. Your EX score may not even matter, but I'd check the credit pulls database for your area.
Good luck!