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Should I Apply for Barclays?

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JayPaulM29
Regular Contributor

Should I Apply for Barclays?

I'm slowly building my credit and my card line up. ...I wonder should I apply for Barclays and trash my Credit One. 

 

No notable problems with it so far (it's only been a month). I've been on a slight app spree, so I don't want too many inquiries poppin off on my report (I got like 5 so far).

 

So I'm being hopeful, I think I'll get approved for at least $1-3k with Barclay's, pay off the $75 balance with Credit One and close it. What do you guys think?


EQ 686 TU 692 EX 673// Goal 725's across///Gardening 2/20/15...Up for air 11/20/15
Message 1 of 6
5 REPLIES 5
SunriseEarth
Moderator Emeritus

Re: Should I Apply for Barclays?


@JayPaulM29 wrote:

I'm slowly building my credit and my card line up. ...I wonder should I apply for Barclays and trash my Credit One. 

 

No notable problems with it so far (it's only been a month). I've been on a slight app spree, so I don't want too many inquiries poppin off on my report (I got like 5 so far).

 

So I'm being hopeful, I think I'll get approved for at least $1-3k with Barclay's, pay off the $75 balance with Credit One and close it. What do you guys think?


OP, to help you get input, I've moved your post into a new topic for feedback.  Edits have been made for the move; please feel free to revise.  



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Message 2 of 6
Anonymous
Not applicable

Re: Should I Apply for Barclays?

Looking at your line-up, close CreditOne anyway.

Message 3 of 6
Anonymous
Not applicable

Re: Should I Apply for Barclays?

I don't know why you opened it to begin with? You have plenty of cards to build from didn't need that card at all, unless all your cards are less than a month old?

Close it.

How many inq on TU? 5? All in the last month?

If the answer to those questions is Yes, garden for 6 months then apply for a Barclaycard. If you only have 2-3 inq you may be Ok.

Let us know how it goes! Good luck
Message 4 of 6
Anonymous
Not applicable

Re: Should I Apply for Barclays?

File thickness will play a factor too. My last Barclay app was approved with 14 recent inquiries.

Message 5 of 6
ojefferyo
Valued Contributor

Re: Should I Apply for Barclays?

Cut the Credit One off, they are nothing but leeches

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