Yeah that will be a ruff hit on your scores you better pull the trigger real soon. I have chase freedom and love this card. I have made a lot of money. But on the other hand i really like discover as well... And want to get that one as well.. But i couldnt tell you the best out of the 2 . They are Both great in my eyes.
@Peter1142 wrote:I want to finally get a nice prime card and have been getting prequals from Citi, Discover, and Chase. Was thinking Discover IT. I want a nice intro 0% APR with rewards and long-term low APR, with a nice CL. I have been thinking for days about who to app with.
Scores are about 680 Ex/ 700 Eq/Tu. Ex has an open collection from 4 years ago (< $1000). Util is about 20%. No new accounts in the last year but overall AAoA of revolving credit lines is pretty short. I have a bunch of mortgage pulls also.
I applied for furniture financing a few days ago through Wells for $8,500 and was approved for $8,000. They pulled all 3. I do not want to lose my furniture. So if you think there is a chance they will CLD me or something if I apply for another card now please say so. This is my first unsecured credit line in this price range. Obviously, when this near maxed out and possible consumer finance account reports, it is going to be bad news for my scores.
Thanks!
If you are going to do it, now is the time, before the new limit posts to your CR... you will be slowed down a bit while you get that paid down...
I do not think a CLD would occur, but you never know when banks anymore...
I hear a LOT about Discover IT... and I am thinking myself of getting one, It appears to be a great card, with wonderful CS.
I LOVE my Freedom card, and have never had any issue that I couldn't call and get fixed with Chase CS, so I highly recommend them.
Even if you have to recon at Chase, they are pretty good about it and you can explain the mortgage pulls.
Anyone you are getting a Preapp for via website, I would review what they are offering, and then make an informed decision on what is going to help YOU the most, and save you money in the long run..
and if you can get them both, they say Freedom/IT is a great Combo for the bonuses..
GL to you
Oh yeah as what he said as well Chase you can actually explain anything if you was to recon and maybe come out with approval if denied at first for maybe the mortgage pulls you can explain to them and they can overturn the denial.
Discover it you have a very very very slim to no chance at all getting a denial turned into a approval. They pretty much stick with what you are served from what i have heard on here. Good Luck
They pulled my Equifax every time and ounce on my TRU
But that could be different in your area not sure how they work on that.
