@Anonymous wrote:
She just doesn't understand how hard it has been all of these years with bad credit and no cards.
So now I want to get a real strong base and garden for a minimum of a year to let them age and build scores back up.
She probably thinks I want to max them out like when we were young and dumb. When the reality is the exact opposite.
When we get a new house in a few years and she says She can't believe we got it "x" interest, I can tell her you're welcome and get to hear her tell me I was right. Again.
My husband has NO CC's of his own, All the credit is in my name alone.
The reason for that is: He has tanked our credit TWICE since we've been married, unintentionally.
He shops like a GURL!
I monitor the AU cards he has like a hawk (for numerous reasons not just his spending) but part of it is a check & balance on his shopping/spending habits. It's too easy for him to SPEND when he doesn't see green dollars leaving his wallet.
We RISE or FALL together. Marriage is a partnership.
Your situation is not my business but I wanted to share mine. Credit cards can become an addiction, just sayin'.
If you have a handle on it and your plan, you should talk to her- you'll feel better about it..
No piece of plastic is worth a marriage or even a marital argument.
Sorry for your denial.. That is a sign to slow down & let things mature.
Good Luck-
@Pikaboo-icu wrote:
@Anonymous wrote:
She just doesn't understand how hard it has been all of these years with bad credit and no cards.
So now I want to get a real strong base and garden for a minimum of a year to let them age and build scores back up.
She probably thinks I want to max them out like when we were young and dumb. When the reality is the exact opposite.
When we get a new house in a few years and she says She can't believe we got it "x" interest, I can tell her you're welcome and get to hear her tell me I was right. Again.My husband has NO CC's of his own, All the credit is in my name alone.
The reason for that is: He has tanked our credit TWICE since we've been married, unintentionally.
He shops like a GURL!
I monitor the AU cards he has like a hawk (for numerous reasons not just his spending) but part of it is a check & balance on his shopping/spending habits. It's too easy for him to SPEND when he doesn't see green dollars leaving his wallet.
We RISE or FALL together. Marriage is a partnership.
Your situation is not my business but I wanted to share mine. Credit cards can become an addiction, just sayin'.
If you have a handle on it and your plan, you should talk to her- you'll feel better about it..
No piece of plastic is worth a marriage or even a marital argument. Very true! 👍😁
Sorry for your denial.. That is a sign to slow down & let things mature.
Good Luck-
LOL 😂😂😂
@Anonymous wrote:so yeah i called and was denied. they used eery term in the book to tell me that i have gotten too many cards recently.
too many applications
too many new revolving credit accounts
too many young accounts or something to that effect
too short of history with revolving accounts
also said too many accounts with delinquincies. I have one from over 3 years ago and a collection that falls off in January. Not even on my TU. So I guess thhey pulled from EQ or EX
Based on your everything I read on this forum and elsewhere, I would have applied for the Chase card before all the others, or even better, wait until all the derogatory items fall off of your report.
@Anonymous wrote:I agree but had no chance for a Chase before the others.
If you had no chance with Chase before the new cards, then you definitely didn't after. Limited history, two new applications plus the CSP app combined with derogatory items on your report raised the red flags at Chase. I have one derogatory item from 2012 due to fall off next year. Until then I wouldn't dream or applying to Citi or Chase (well I do dream actually
) until I reached AAoA of 1 year and that item falls off.
I had a 6 month cc(with 36% util) and a car loan just over a year old. So Chase wasn't happening then. I had nothing on their prequals but did on Amex and Disc so went that route. That put me at 3. Once my Disc was reporting my util had dropped and score went up. I really had no intention of any others until next year. But saw that increase and had just joined NFCU so figured what the hell. Got approved for that. Now I could've went for Chase but still had no prequals and other than my util going down nothing had really improved my profile enough to be a Chase candidate.
Maybe if I had gone for a lower card I might've had a chance.
That may have been a better choice. The CSP is a minimum $5k credit, and Chase is squirrely about handing out that limit. I would say your report should have no derogs, a minimum AAoA of 1 year, a minimum of 6 months since last app, and scores in the 720+ range for good odds.
While the Freedom or Freedom Unlimited cards wouldn't be high limit cards, they would have given you a relationship with Chase. After a year or so, you can then app for the CSP depending on the derogatory items.
But I thought I was done anyway and maybe save the last spot for ear;y next year after the new cards were at about 6 months and had some history. I joined Penfed just as I did with NFCU just to get in for future loans and cards in the future. While on the phone I was asked if I intended to get any other products or services. I said early next year I wanted a car loan and cc. She said do you want to try and I figured sure. Still didn't really expect but figured no harm since they already did the pull. Got approved.
Realistically I only went for the Chase now because if my report was good enough to qualify....
Dont confuse the credit unions with prime banks. Often they have way different lending criteria.
I'd rather try before all new cards were reporting.
That wouldn't matter. They'll either they see the inquiries, or the reported new accounts
By the time my 2 years is up and I can apply with Chase,
Will your derogs have fallen off by then?