I've been working on my credit for just over a year now, and have learned a lot from you guys! I thought I'd throw my DPs and some background for anyone gathering info.
Did a prequal about a month ago, and was preapproved, but wanted to wait until my utilization updated first before applying. In the meantime I accepted a small line of credit from my bank. Tried the prequal again two weeks later and was denied. Waited for the letter, which stated the new account with my bank as the reason for denial.
Less than a week later, I received an invitation to apply. My EX score had jumped from 684 to 708, so I pulled the trigger without trying a new prequal.
Approved instantly for 4k.
So here are the real DPs:
Pulled EX no surprise, at 708
33% utilization, still carrying a bit on a first year no APR Amex
10 inquiries when applying, 6 from a car loan. No inquiries in last 6 months.
No lates or derogs
Sorry for the novel, but I really appreciated getting as much info and background as possible when I was looking into applying, and hopefully someone finds this useful.
Congratulations on your Discover approval!
Cool news you have here, nicely done.
Thanks for adding your DPs and background. Cheers!
I love novels, nothing to be sorry about. Congratulations and thank you for your interest in helping others.
Congratulations on your approval! I love thorough data points. That's the whole point of this thread! Great job and thanks for sharing 😊
Congrats! Ms Disco was my first "real" credit card. I got it in Dec of 2018, and I still say it's the best overall card out there for the first year.