Try Apps Credit Card Needing Advice

Anonymous · ‎10-28-2015

I have tried to help my DW app some credit cards running into confusion, I need some advice. First, let me explain her credit profile:

She has been an authorized user (four accounts for the AU) from me for about a year and a half. Last night, I pull her credit report, to find out her ex score is 763, tu 758, eq 735. The older account is one year and three months, aaoa is six months. Ex has one inquiry, tu has one inquiry and eq has one inquiry. Her total credit tradeline is 15000.00. Beginning of this month for October, I was helping her to get a cabella credit card for 6k, and then the following second week, I got approved for her chase csp 5400 and freedom 4500. So my question right now is should I go for more? Or should I just stop right here? Any advice would be appreciated.

Anonymous · ‎10-28-2015

I forgot to mention that, thats her first three credit card on her own.

Anonymous · ‎10-28-2015

@Anonymous wrote:
I have tried to help my DW app some credit cards running into confusion, I need some advice. First, let me explain her credit profile:

She has been an authorized user (four accounts for the AU) from me for about a year and a half. Last night, I pull her credit report, to find out her ex score is 763, tu 758, eq 735. The older account is one year and three months, aaoa is six months. Ex has one inquiry, tu has one inquiry and eq has one inquiry. Her total credit tradeline is 15000.00. Beginning of this month for October, I was helping her to get a cabella credit card for 6k, and then the following second week, I got approved for her chase csp 5400 and freedom 4500. So my question right now is should I go for more? Or should I just stop right here? Any advice would be appreciated.

Kinda hard to tell you whether she should get more without knowing what your goals are and what cards you have. Are you more interested in cashback cards? Travel cards? For pure credit score reasons, she doesn't need another card

Anonymous · ‎10-28-2015

Thanks Irish80 for your reply. She currently have cabella, csp and freedom. I was thinking about all apps same time then let them age together. But I am not sure what I do is right or wrong?

Anonymous · ‎10-28-2015

@Anonymous wrote:
Thanks Irish80 for your reply. She currently have cabella, csp and freedom. I was thinking about all apps same time then let them age together. But I am not sure what I do is right or wrong?

Letting all the accounts/inquiries age at the same time is a good strategy. So if there is a specific card that she wants, now is a good time to get one. Maybe a card geared towards something specific like groceries or gas. Some area of spending that you all do a lot of.

Anonymous · ‎10-28-2015

Thanks Irish80, do you think she has a chance to get the venture cars from Capital One? Because I went to their website to fill out their prequalify tool and they only show Quick silver. Next question, if I go for more, how many do you think I should go for before I hit the wall?

Anonymous · ‎10-28-2015

@Anonymous wrote:
Thanks Irish80, do you think she has a chance to get the venture cars from Capital One? Because I went to their website to fill out their prequalify tool and they only show Quick silver. Next question, if I go for more, how many do you think I should go for before I hit the wall?

I'm sure if she shows for a pre approval for the QS card that she will be approved for the Venture. I'd stop off another card or two to give her cards time to age and wait at least another six months and see if anything appeals to you/her.