Lowes Approval (Finally!)

Anonymous · ‎06-24-2015

Without going into great details, Lowes would not allow me to apply for a card because I had cancelled one within the past year. It only had a $450 CL which didn't do me anything. After my credit card debt was fixed I reapplied but was turned down because I had cancelled a card within the past year. I spoke to someone with Synchrony a few weeks ago and he was very nice and said that if I apply for the card to call right away and they will review the app. I've been gardening so didn't try.

My DW and I need some things at Lowes so I decided to apply and expected the rejection. Lo and behold, it was approved with a CL of $6,500! Knowing what I know now that I've learned from the good people at myFICO, I called and asked for an immediate CLI. The guy was very nice and asked how much I wanted, so I said $10k, which is what I have with HD. He said congratulations your CL is $10k.

Lowes is much closer for me and I like the store better than HD, so I'm really glad I did this. It's amazing how one year ago it was $450 when I was drowning in debt, compared to a year later with a $10k limit.

I hated to leave the garden after 2 months, but I'm going right back in today. It appears it was a TU HP which is what it was last year also. I just had 2 HP that dropped after 2 years, and I have 5 that drop off in August.

taxi818 · ‎06-24-2015

@Vulcan1600 wrote:
Without going into great details, Lowes would not allow me to apply for a card because I had cancelled one within the past year. It only had a $450 CL which didn't do me anything. After my credit card debt was fixed I reapplied but was turned down because I had cancelled a card within the past year. I spoke to someone with Synchrony a few weeks ago and he was very nice and said that if I apply for the card to call right away and they will review the app. I've been gardening so didn't try.

My DW and I need some things at Lowes so I decided to apply and expected the rejection. Lo and behold, it was approved with a CL of $6,500! Knowing what I know now that I've learned from the good people at myFICO, I called and asked for an immediate CLI. The guy was very nice and asked how much I wanted, so I said $10k, which is what I have with HD. He said congratulations your CL is $10k.

Lowes is much closer for me and I like the store better than HD, so I'm really glad I did this. It's amazing how one year ago it was $450 when I was drowning in debt, compared to a year later with a $10k limit.

I hated to leave the garden after 2 months, but I'm going right back in today. It appears it was a TU HP which is what it was last year also. I just had 2 HP that dropped after 2 years, and I have 5 that drop off in August.

Congrats vulc. but you know you should have asked for 35k. they would have countered or given you the entire thing. congrats again.

Anonymous · ‎06-24-2015

@taxi818 wrote:

Congrats vulc. but you know you should have asked for 35k. they would have countered or given you the entire thing. congrats again.

Thanks! I just wanted to match my HD card. The rep was really nice. At first he asked me to confirm my home phone number, so I said "sorry I only have a cell" and he said oh ok, so he was updating that, and as he was doing it, he said that he's positive that's not why I called, and I said well, how do you know. So I told him I was interested in the CLI, so he asked me what I wanted to change to so I said $10k. He approved that in about 10 seconds, so I said, wait, $10k - I said $35k....he laughed and said it's nice to talk to people with a friendly tone and sense of humor.

Existentialist · ‎06-24-2015

Nice job. Glad U got back in.... congrats.

Existentialist · ‎06-24-2015

Nice job. Glad U got back in.... congrats.

baller4life · ‎06-24-2015

Congrats to you! Now call back and ask for $35k. You definitely left money on the table. Tell them you're remodeling and don't want to use too much of your limit.

Anonymous · ‎06-24-2015

@baller4life wrote:
Congrats to you! Now call back and ask for $35k. You definitely left money on the table. Tell them you're remodeling and don't want to use too much of your limit.

Baller - I actually thought about hitting the luv button on my new Lowes card account