Re: SHOPPING CART TRICK TOO EASY!!!

TRC_WA · ‎12-29-2014

@Anonymous wrote:

Just also bear in mind that this quickly kills AAoA, oftern for very small CLs. See many posts from here of people regretting overuse of the shopping cart trick.

I agree...

I don't see a single retailer than I'd shop at... other than VS for the girlfriend... LOL

I don't invest much in store cards... I have a Best Buy, Walmart and Nordstrom... and expect all to be upgraded to MC/VISA sometime in 2015. Even if I were in beginning rebuild mode like I was 18 months ago I wouldn't go app crazy for toy limit store cards.

FICO8 current as of : 10-20-25 EQ: 736 TU: 728 EX: 722
Hard INQs last 12 months: EQ: 0 | TU: 0 | EX: 0
Verizon Visa $8500 Amex Delta Reserve $10,000 Care Credit $18,000
NFCU CashRewards $7500 Apple Card $7000 Best Buy $8000 Amazon $5000
NFCU auto loan (2022 Ford Bronco Sport Badlands - Cactus Gray) 6.95%
NFCU motorcycle loan (2024 Harley Davidson Road Glide - Alpine Green & Chrome) 9.45%
Total CL: $64,000 --- Total CC UTI: 31% --- AAoA: 6.5 years --- Income: $200k
Last app: 4-6-24

Anonymous · ‎12-29-2014

I think Comenity is a great thing. I have 7 of their cards. 2 have Visas, two have Mastercards. HSN, Overstock and J. Crew are store cards only. I began with 5 student loans reporting for 14 years. When those 5 loans go away forever, I would have begun at 0 years and 0 months AAoA. Now I have 8 credit cards that will only age for at least 10 years. My credit score did not take a hit whatsoever, except for a Barclays Rewards MC in the very beginning. If I add a new card once a year my AAoA will not hardly budge. I am projected to surpass the 800 credit mark across my FICO scores around March 2015.

To each his own. Everyone's story is different. You can't go much higher on a credit score whether you have a Centurion card or a J. Crew card.

It's all about the credit score and your ability to pay for the credit you currently have or desire to have. The people who can't handle credit don't need it anyway.

Anonymous · ‎12-29-2014

@Anonymous wrote:
The people who can't handle credit don't need it anyway.

Smartest thing said in this thread.

Chaselover · ‎12-29-2014

Thats some real work u did there!!

In a committed relationship with Chase from 12/2012.
Age: 26, Income: $59,240/-, Current score: TU from CK: 750/A (12/24/14), TU Vantage score from CK: 775/C (12/24/14), Experian from Creditsesame: 717, Equifax from myfico: 724, Overall Util: 1% (12/24/14), Total credit limits: $62,150, In the garden from 12/19/2014, AAoA : 7 months, Oldest account: 8 months, Newest account: 1 week, HP: 18.

Jerry45 · ‎12-30-2014

All I can help with is Sportman's. That is EQ, and a Soft Pull

CreditGuy03 · ‎12-30-2014

679 Eq must be too low for them. I never get the shopping cart to work for me

Equifax - 628, Experian -627, Transunion- 654 In the garden until 01/01/2019

mitchblue · ‎12-30-2014

I don't get it. Why do this for low limit CC's if you have much higher, better CC's already? I must be missing something..

FICO® 8 Scores 821 FICO® 9 Equifax 826 (Updated 02-7-23)

mongstradamus · ‎12-30-2014

You aren't missing anything you should not be going for those cards. The damage from new TL will hurt a lot

EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16

joltdude · ‎12-30-2014

Thought of getting a store/gas card.. but want one that would be used frequently, only one that shows a bit of utility from Comenty in the shopping card game is Sportsmans.. But DAAAMN it is SAFETY orange... doesn't mean it couldnt be an appealing card however... One of my parents used to have an early Lechmere credit card/chargeplate in a similar color but only had (i think) a 7 digit account number, similar to this http://www.ebay.com/itm/VINTAGE-PRINCESS-RETAIL-CREDIT-CHARGE-CARD-LECHMERE-SALES-C1540-/15149386282...

.Remember her using it one time and the cashier was like.. How do i use this... No magnetic stripe!... called down.. Someone in a suit came from the back... apologized profusely to my mother at the time.. showed the guy the key sequence on the IBM register.. And handed my mother his buisness card.. And if she needed anything, to please call him directly... Never saw that kind of CS, except at Jordan Marsh... Believe it or not it was rare for a woman to have a charge plate in HER name years ago.. yes credit was sexist too... and she isnt wealthy... Doesn't get treated like that in this day and age but it is interesting how credit has changed over the years.. and what it signifys and what it does NOT...Heh.. They used to use addressographs and the infamous phonebook type validity books and calling in an authorization...