Shopping Cart Trick is BS!!!!

[Anonymous]

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@Anonymous wrote:

Ok I am really confused!!! How did you get a home loan through the SCT?????  What about W2 and paystubs???

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Corlaney: Creditcontractor has a fun sense of humor; however, for those who do not know his comments can be taken the wrong way and even be confusing.

Sometimes I feel as if the joking comments are a way to add flair but then I also worry that it can spread confusion and misinformation.

As for how people get Visa's or Mastercard's via the SCT, some stores have both a plane store card and a co-branded store card. An example of this is Williams Sonoma they have a Store Card and a Visa. both issued by Comenity. 

I believe it depends on your credit score and profile in regards to whether you will get a pop-up for the store card or co-brand. I would imagine you do not meet Comenity's standards for a Mastercard/visa or you would be getting the pop-up offering you them.

[Anonymous]

I made sure all popups were disabled, added $2500 into my cart, checked out as guest, I did check to become a member, then entered my info, they then gave me the preeapporved Visa choice, I accepted, enter my birth, last 4 and income.

I said MC, but they were both VISA's.

[Anonymous]

Which card went from 350 clip to 29.5 and how?

[MacRoadie]

Needed a new china hutch, so went to Overstock to see what they had. Found one I liked and added it to my cart, got the offer for preapproved credit line on 10/24. Plugged in last 4 and got a $6,000 CL. Completed the transaction (because I really did need the hutch) and just for fun I clicked the love button this morning at got a CLI for $800. No HP's so far on any bureau. 

[joltdude]

There once was a time when the SCT trick could be used to build credit with a handful of cards at once requiring just minimal purchases and use... and the CLIs would come....... These days theres too much AA and it isnt really a reliable method.... the cards themseves are meh... but if you find one or two useful.. you could go for it. but the days of 5+ SCT cards in a short period of time with ever increasing CLIs are mostly history...... Frankly there are much more reliable methods these days... In general I passed on SCT cards.... if i have a use for one. i might pick it up but currently have no intentions of dealing with Comenity....

-J

[MacRoadie]

Did SCT for Williams Sonoma (actually need stuff for Thanksgiving at the house and ex took most of the dinnerware and service). Was approved for $2,000. Just received card, registered it, and hit the Luv button to see what would happen. $800 CLI. CL now $2,800.

I have a pretty high income but crap FICO resulting from forced Chp 13 to extricate some pretty entangled finances. That may be the reason. Paid 100% to all unsecured creditors and every penny of mortgages and car loans so I’m hopeful that reflects positively. All closed accounts show 100% paid.

Update 11/10: I'm in the garden, but couldn't resist the Siren's Song to click for some luv after some needed kitchenware shopping and voila: another $800 added to the CL for total CL of $3,600.00. Back to tending the garden.