I was under the impression inquries only matter if your trying to buy a house and are all grouped as 1 inquiry for rate shopping is this whats holding my score down I really want a card I can use to buy big ticket items
@Cred4All wrote:
@Rmullens2208 wrote:First I decided to try for the Milestone credit card then BOOM 300$ credit limit feeling high I jumped on a credit one credit card man another 300$ heck ya feeling bullet proof I tried for an american express platnium instant denial, Wells fargo propel instant denial, Chase saphire instant denial, Barclay gold card 7 to 10 days message feeling good about that one. other denials Cap one, us bank,discover,citi,Chevron,amazon,ebay,southwest, I may have missed one or 2 but the important are the two big approvals
I'm trying to keep track, did you say you had 14-16 HP's, 140+ inquiries across 3 bureaus, only 2 approvals, and the other 12-14 were denials? OP, I 2nd the above feedback, glad you had an approval or two however agree you should continue cleaning up whatever is keeping the overall score down, and garden. At this rate, probably another 1+ years in the garden for those inquiries.
been testing the waters on approvals so far 4 approvals this year and my other two cards are kinda maxed out the first premier 500$ 498 balance the first access 300$ 301 balance but ive made all the payments before the grace periods i have no idea maybe fico scoring algorithm is wrong
@Brian_Earl_Spilner wrote:Congrats on your approvals.
Why are your scores so low and why do you have so many inquiries?
@Rmullens2208 wrote:been testing the waters on approvals so far 4 approvals this year and my other two cards are kinda maxed out the first premier 500$ 498 balance the first access 300$ 301 balance but ive made all the payments before the grace periods i have no idea maybe fico scoring algorithm is wrong
@Brian_Earl_Spilner wrote:Congrats on your approvals.
Why are your scores so low and why do you have so many inquiries?
Your inquiries alone aren't keeping your score that low. Once you get near 10, you stop getting dinged for them. Scores that low mean missed payments, charge offs, collections or bankruptcy. Which apply to you? If we can get you to at least 630 and keep you from applying, you can finally get some traction on approvals.
Well kind of embarrassing but i have two med collections from a diabetic child and some utility collections all from 5 years ago when the boy ended up in the hospital *We didnt know he was diabetic* but thats all behind me
@Rmullens2208 wrote:Well kind of embarrassing but i have two med collections from a diabetic child and some utility collections all from 5 years ago when the boy ended up in the hospital *We didnt know he was diabetic* but thats all behind me
Nothing to be embarrassed about, life happens. I'm rebuilding because of a hospital visit. Stop applying for at least a year, preferably two, get your balances down and you should be able to get more and better cards in the future. You're not gonna be approved for much at your current scores.
Thank you
@Anonymous wrote:Take a deep breath and quit gardening in that thread. Obviously you have been led astray by applying for 15 cards today.
Collections can be hindering but they're not the end of the world. Life happens.
Pay down your balances and never let them report more than 10% until you start getting into better territory and start seeing prime approvals happening.
@Anonymous wrote:Take a deep breath and quit gardening in that thread. Obviously you have been led astray by applying for 15 cards today.
Collections can be hindering but they're not the end of the world. Life happens.
Pay down your balances and never let them report more than 10% until you start getting into better territory and start seeing prime approvals happening.
Nobody led him astray. He hasn't even been in the gardening thread save a random post here and there.