Cato Approval

[Anonymous]

I applied around 2 weeks ago. They do not do instant approvals so far as I know; therefore, I had to wait for the card or denial letter to come.

I was approved for $500 SL 22.9% Fixed APR

Not many notes on the card online so I do not know if this is a good starting limit or not

They pulled Transunion which had 13 inquiries and a score of around 712 at the time of app

Interesting tidbit you cannot use the flimflamming thing on their website

[Anonymous]

Congrats on your approval.  Be careful on opening a bunch of store cards tho, as you don't want to get stuck in toy store limits.

[Anonymous]

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@Anonymous wrote:

Congrats on your approval.  Be careful on opening a bunch of store cards tho, as you don't want to get stuck in toy store limits.

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Most of my Store cards have grown faster than my Bankcards. As can be seen in my signature. Thanks for the warning though I didn't think I had opened a bunch of them.

[Anonymous]

Update: It appears that you can request CLI's online but it notes that it is a hard pull.

Scott: I am sorry if I came off as upset the other day. I realize I do have a number of store cards but I love every one of them, they were for stores I frequent so they have proved to be valuable. 

[Anonymous]

Congrats depdep8! 

[AverageJoesCredit]

Congrats Depx2 What is Cato?

[Anonymous]

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@AverageJoesCredit wrote:
Congrats Depx2 What is Cato?

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It's a clothing store you usually find them in a shopping center right beside of Wal-Mart, in fact, there is one near every Wal-Mart in my area.

It caters to middle-aged and older women. They also have an It's Fashion branch (Why I got the card). It carries some men's clothes and accessories.

They are off-price like a Marshalls or TJMaxx but they carry their own brand

The Card is issued by Cedar Hill Bank a subsidiary of Cato Corp.

You cannot use the card online or over the phone. Which is actually really smart because it brings people into their brick and mortar outlets.

[AverageJoesCredit]

Ok thanks, nice to know.