@Anonymous wrote:
@girbabe wrote:
@Anonymous wrote:
@girbabe wrote:
@Anonymous wrote:With your scores I think you would get an instant approval with Barclay for the Ring (they pull TU). I was instantly approved and I had a very thin file. No pressure though, it's totally up to you which card fits your needs best. I will just add that the Ring has an 8% APR for everything (i.e. purchases, balance transfers, and cash advances), and also has no balance transfer fees, and the fee for cash advance is only $3. Just something to think aboutSounds great actually. Do you know what their requirements are for inquiries or new accounts within the magical 24 mos period? I only have one inquiry for Transunion but I've opened 5 credit cards since January 2014.
Well I can tell you that when I got approved for the Ring, I had opened up about 12 new accounts in the 6 months right before I applied (14 in the past 12 months), although 5 of the 14 new accounts hadn't reported yet (so I had like 9 new accounts reporting at time of app). And I think I only had 3-4 recent inquiries on TU at that time. Trust me, you'll be fine
Wowser! I can't believe how relaxed their requirements are. Thanks for the info - I'm going to go ahead and apply. In fact, this thread sort of went off topic from the orginal post. While all this has been going on, I went ahead and cancelled my Sonycard and combined limits on the other so now I have just the one Cap One card and if I can hold out until January, I'll have only 4 new accounts showing. I don't know why I'm being so anal about all this. But then, I suppose we are all a bit obsessive about our credit or we wouldn't be frequenting this forum.
Sorry, I did go off topic. But congrats on your Cap1 account combination! If you do app for the Ring, make sure you post back and let us know the outcome - good luck!
Well, thanks for the encouragement! That really was painless. I went ahead and applied and was approved for $7,000. It's not 7.25 but at 8% I'm happy and not going to complain. It should keep me satisfied for awhile. Thanks again for the suggestion.
And just because I want to rant and get this out of my system, it just burns my ass that I can get some banks to issue at their lowest APR such as Barclay and most recently Citibank at 12.99, but Capital One issues a $10K CL with their absolute highest APR of 22.99. Is it my bad 800 credit score, modest income or were they just having a bad day? What on earth is their logic....jeez.
@girbabe wrote:Well, thanks for the encouragement! That really was painless. I went ahead and applied and was approved for $7,000. It's not 7.25 but at 8% I'm happy and not going to complain. It should keep me satisfied for awhile. Thanks again for the suggestion.
Congratulations! And that's a pretty good SL for Barclay as well. Glad I could help 
@Anonymous wrote:
@girbabe wrote:And just because I want to rant and get this out of my system, it just burns my ass that I can get some banks to issue at their lowest APR such as Barclay and most recently Citibank at 12.99, but Capital One issues a $10K CL with their absolute highest APR of 22.99. Is it my bad 800 credit score, modest income or were they just having a bad day? What on earth is their logic....jeez.
both of our rears are on fire then. I am in the same boat with the apr variances!
Congrats on the great starting limit with the Ring! Anything higher than $5k is amazing for a starting limit on that card. Remember you can get a cash advance at any ATM for $3, thats it! (there is no grace period on cash advances like a purchase would have, but still useful!)
I just keep thinking that their logic is backwards. If I was a bank loaning money to someone with a fairly low fixed income but had a high credit score and low risk, I would issue a lower CL that is more inline with a lower income but with a low APR as well . Doesn't that make more sense?
I'm not complaining about having higher CL's since my overall available credit keeps utilization low and my score higher but I just like to know the reason for everything. Inquisitive by nature...
@Anonymous wrote:
honestly this is like the early 2000s all over again with banks WAY over lending. seriously. i make 30k a year and have scores of 686-699 depending on bureau and a few lates as well. god knows i have no business with $67k in open credit and NFCU shouldn't be giving me $33k by themselves lol.
Isn't NFCU military? Banks LOVE the military. 
@Anonymous wrote:
my grandfather was. not me. too out of shape and selfish to serve correctly lol.
So....attached to the military then. Same perk. Banks are nice to military people.