@kroberts67 wrote:
@gdale6 wrote:
@Jitdc2 wrote:So apply for the more difficult card first then the easier card or vice versa?
Some of us know particular quirks of an issuing creditor and can help you select the order. With Barclays is best to make them your last on the list they dont like a lot of new accounts within 6 months of their opening and have been known to close newly opened accounts due to too many opening at once (this is more of a prob with a short credit history over a long one). The selection of creditors can also be made to spread the inquires across the CRAs so no 1 report is dinged for all of them. You can Google search credit pulls database and who have me credit for likely CRA pull...
Last? Shouldn't they be first to avoid them seeing INQ's? Sallie May, Care Credit, Chase and Discover are on my list. 2 to 3 of those would be TU. I realize they might not like that. I'm trying to stock up on the rewards cards but might forgo the Sallie Mae due to this. If I go for them, are you saying I should have dings (CC and maybe Discover) and THEN app with them so they are my "newest ding"?
Some say it should be first, some say last, I think the rationale behind last is more compelling. If you have multi inquiries on TU same day they actually get to choose whether or not they will auto approve you. If you are denied you would then be in position to call the backdoor and explain why you apped for multi cards on the same day..
How many cards are you planning to app for? I don't have experience with Barclay, but guess is if you applied for Sallie Mae and maybe 1-2 other cards, you would be fine no matter the order of your applications. Conversely, if you're applying for 5+ cards, that is going to throw up red flags for any creditor.
Anyway, I'm not trying to buck the CW here...but if I were you, I would make a list of the cards you want, rank them 1 to whatever, and apply for them in that order. Don't out think yourself.
Previous poster does bring up a good point about spreading the apps evenly over multiple CRA's (i.e. you're not applying for TU only CC's).
Good luck!
@Wade64 wrote:
@gdale6 wrote:
@Jitdc2 wrote:Quick logistical question when going on an app spree. Should I have multiple browsers open and hit the app button as close in time together as possible or should I use two different devices like a laptop and an ipad and hit simultaneously? Sounds silly I know but does timing matter when going on an app spree especially if both cards are from the same company?
This can be added to the book of old wives tales, it matters not in the electronic age, inquiries are recorded in nanoseconds and cannot be hidden from the 2nd one. What is more important is the order of apps to the ones that you will select.
+1 you can not beat the sysytem
+2 Take note to this. Even if you manage to beat the system, it will catch it to you real soon
@efranklin23 wrote:
@Wade64 wrote:
@gdale6 wrote:
@Jitdc2 wrote:Quick logistical question when going on an app spree. Should I have multiple browsers open and hit the app button as close in time together as possible or should I use two different devices like a laptop and an ipad and hit simultaneously? Sounds silly I know but does timing matter when going on an app spree especially if both cards are from the same company?
This can be added to the book of old wives tales, it matters not in the electronic age, inquiries are recorded in nanoseconds and cannot be hidden from the 2nd one. What is more important is the order of apps to the ones that you will select.
+1 you can not beat the sysytem
+2 Take note to this. Even if you manage to beat the system, it will catch it to you real soon
+3, the house always wins!