I was encouraged to apply for new credit recently due to my recent approvals for credit limit increases and I’ve received several invited from well sort after cards. I thought I’ll take the hard pull and apply for a lower tier card to be on the safe side. I Applied last night, I didn’t get an instant approval— it was the dreaded 7-10 day decision. I thought I wasted a hard pull, no darn way.
I called this morning and the representative said they needed to verify my address to process my application. This made sense, I’m actually in the middle of moving. I was put on hold for a few seconds, I was approved after.
Negatives on my credit
56% debt to ratio
Auto loan (lease) paid
(1) 1 year old late payment
(1) 2 year old late payment
(1) Inquiry
New personal loan (36 months)
Fico score 8
Experian 691 Equifax 690 Transunion 690
I called this morning and the representative said they needed to verify my address to process my application. This made sense, I’m actually in the middle of moving. I was put on hold for a few seconds, I was approved after.
Negatives on my credit
56% debt to ratio
Auto loan (lease) paid
(1) 1 year old late payment
(1) 2 year old late payment
(1) Inquiry
New personal loan (36 months)
Fico score 8
Experian 691 Equifax 690 Transunion 690
Starting Score: 640
Congrats on approval and what was your SL !!!!
I was approved for 2300 which is low but fair considering my track record in the past. I explained i pay my balance in full every month and Ive been invited to other tier 1-2 card and the SL is low. The rep told me when I get the card, I can request a manual increase as long as I do it within the first 90 days for a soft pull.
@Omw800 wrote:
I was approved for 2300 which is low but fair considering my track record in the past. I explained i pay my balance in full every month and Ive been invited to other tier 1-2 card and the SL is low. The rep told me when I get the card, I can request a manual increase as long as I do it within the first 90 days for a soft pull.
YOU...
CONGRATS on your Approval, the Very Nice SL, and Thanks for the DPs!!!
Congrats
Citi can often give low sl for many, even good credit. I wouldnt take a csr word that an additional request to increase sl would be sp within 90 days. Most likely will be another hp. Just take caution
Citi can often give low sl for many, even good credit. I wouldnt take a csr word that an additional request to increase sl would be sp within 90 days. Most likely will be another hp. Just take caution
I thought it was odd that she didn’t do the increase herself considering I call the EO number. She also mentioned that all reps are suppose to tell you if it’s going to be a hard or soft pull. I’m also think about applying for another Amex but with the 5/24 chase rule has me moving with caution. I’m undecided if I want a chase card because it’s a hard pull every time unless it’s an internal cli.
Congrats on approval and what was your SL!
Congrats on your approval!
