My scores are all over 760 and I can't get a decent card pre-approved to save my life! I do have a lot of inquiries over the past two years all my cards are relatively new, and they all have pretty meager starting limits. I understand I've been bucketedt hrough Capital One, so I've essentially given up on them. But just having put my feelers out with some pre-approvals, I'm not getting anything! Are the hard inquiries that detrimental to getting new Prime cards?! TransUnion I have eight inquiries, Equifax I have seven inquiries, and Experian I have 14 or 16 inquiries! Can I at least expect after a year or two of gardening, and not applying for any more lines of credit, that I'll start getting some prime card offers? I just don't understand with such strong scores, why I'm getting denied! I know there's a formula and the scores are only a part of it, but why I even have the credit scores to begin with? I'm only bringing in about 40K right now on unemployment. I work seasonally, some laid off for 4 months. During the season I make anywhere between 60 and $80,000. Thanks in advance for any advice you can offer, or insights. I really appreciate your time in having read this.
Post: my credit utilization is essentially zero. I'm currently doing the AZ E2 leaving very small balances. Last month I zeroed out and lost about 20 points across the board. I've since bounced back from that. Thanks
Yes, that's essentially my plan. I just didn't know it could be that detrimental, with such strong scores. So thank you, it's reassuring! I'm going to space out my credit limit increase requests, the requisite 6 months or whatever. I'll try to build that way, while waiting. Thanks again
@Shmike wrote:My scores are all over 760 and I can't get a decent card pre-approved to save my life! I do have a lot of inquiries over the past two years all my cards are relatively new, and they all have pretty meager starting limits. I understand I've been bucketedt hrough Capital One, so I've essentially given up on them. But just having put my feelers out with some pre-approvals, I'm not getting anything! Are the hard inquiries that detrimental to getting new Prime cards?! TransUnion I have eight inquiries, Equifax I have seven inquiries, and Experian I have 14 or 16 inquiries! Can I at least expect after a year or two of gardening, and not applying for any more lines of credit, that I'll start getting some prime card offers? I just don't understand with such strong scores, why I'm getting denied! I know there's a formula and the scores are only a part of it, but why I even have the credit scores to begin with? I'm only bringing in about 40K right now on unemployment. I work seasonally, some laid off for 4 months. During the season I make anywhere between 60 and $80,000. Thanks in advance for any advice you can offer, or insights. I really appreciate your time in having read this.
Post: my credit utilization is essentially zero. I'm currently doing the AZ E2 leaving very small balances. Last month I zeroed out and lost about 20 points across the board. I've since bounced back from that. Thanks
I don't think so. I don't know for sure, but I wouldn't think you can be targeted, or not, for pre approvals with inquiries as a factor. What's your AAoA?
EDIT: was answering for the pre-approvals. A lot of inquiries would weigh on an application/ decision.
Aaoa? Sorry
This is prior to me being unemployed. I've been putting in 70,000 which is about what I make when I'm working give or take. Speaking of which, I've heard a lot of people inflating their income. Is this a sound tactic? I've read that only Amex really checks. I've yet to put in a request for a new card, even a pre-approval, while collecting.
Ahhhhhhhh sorry, yeah. One year two months. My oldest card is only 2 years 9 months.