I help many of my friends repair their credit and one of my besties really wanted the PPAL CB card.
He has a chargeoff from 2015 paid and one late car payment from 2018. His TU FICO is around 689 and his vantage score from synchrony pre approval was 718.
8 Inquires on TU - ALL within the last 6 months and about 5 new accounts in last 6 months - one from last month.
So I told him - outlook not so good or if you are approved probably a low SL. He wanted to take the chance anyway.
He found in his email the 4% CB offer and we applied from there.
WELL - low and behold INSTANT APPROVAL 10K - (4k temporary) and also the lowest APR 21.49!!! i was shocked. I have a near 800 TU and my PPAL CB is stuck at 8K lol.
He also has a carecredit with 14k limit and amazon with 5k from synch - does synch take accounts you have with them into consideration?
Not only am I shocked with the SL but also the APR - unless this is normal from synch and I am out of the loop!!
Congratulations to your friend!
Congrats to DF!
Congratulations on DF's approval! 👍
Yeah thats a stumper. Im going to guess the computer saw him as a viable candidate that will use the card as his #1 , though im just speculating. Even with all my Sync cards and history, they only gave me $300 to start. Took me a whole year to reach 10k so tell your friend use it like there's no tomorrow, which very well not be