DW ending her 2014 journey....

Anonymous · ‎12-19-2014

This is her journey:

October 12 - Applied for Citi Diamond Preferred -> approved with $2,000 (mail offer)
October 12 - Applied for Amex ED -> approved with $9,500
October 12- Applied for Amex BCE -> approved on Oct 17 with $9,900
October 12 - Applied for Chase Freedom -> denied.
October 14- Applied for BoA cash reward-> denied
October 14- Applied for Discover it-> denied

October 22 - Applied for Barclaycard ring -> denied

November 07 - Cap1 Platinum -> Approved credit steps $300 (mail offer)

December 16 - Amex ED-> denied 3xcli

Thats her joutney as of right now.... 2015 is going to be full of surprises...what do you guys thing of what i got in store for her.....
thinking getting her a credit card with
☆home depot or lowes so she could have that kind of credit card in that category....
☆NFCU cash reward and LOC
☆Walmart ( for the fico score)
☆Chase Freedom
☆Discover it

Scores are between 700-710

What do u guys think.... ??? Any advice will be appreciated

Anonymous · ‎12-19-2014

@Anonymous wrote:
This is her journey:

October 12 - Applied for Citi Diamond Preferred -> approved with $2,000 (mail offer)
October 12 - Applied for Amex ED -> approved with $9,500
October 12- Applied for Amex BCE -> approved on Oct 17 with $9,900
October 12 - Applied for Chase Freedom -> denied.
October 14- Applied for BoA cash reward-> denied
October 14- Applied for Discover it-> denied

October 22 - Applied for Barclaycard ring -> denied

November 07 - Cap1 Platinum -> Approved credit steps $300 (mail offer)

December 16 - Amex ED-> denied 3xcli

Thats her joutney as of right now.... 2015 is going to be full of surprises...what do you guys thing of what i got in store for her.....
thinking getting her a credit card with
☆home depot or lowes so she could have that kind of credit card in that category....
☆NFCU cash reward and LOC
☆Walmart ( for the fico score)
☆Chase Freedom
☆Discover it

Scores are between 700-710

What do u guys think.... ??? Any advice will be appreciated

I wouldn't bother with the Wal-mart if she is able to get the Discover it.

SunriseEarth · ‎12-20-2014

I agree with Nixon. Unless DW has a need for in-store special financing at Wally, the Discover It would render it useless (in fact, if I get back in with Discover, I will either close or permanently SD my Wally card).

What were the denial reasons? Also, during an app spree, if you get denials or approvals with bad terms (high APR, low CL, etc), it's best to just stop and address the issues. It may have been best to stop with the Chase denial instead of incurring more HPs. I wouldn't attempt new apps until after at least May, so that the accounts can age and the HPs can start wearing off.

Anonymous · ‎12-20-2014

@SunriseEarth wrote:
I agree with Nixon. Unless DW has a need for in-store special financing at Wally, the Discover It would render it useless (in fact, if I get back in with Discover, I will either close or permanently SD my Wally card).

What were the denial reasons? Also, during an app spree, if you get denials or approvals with bad terms (high APR, low CL, etc), it's best to just stop and address the issues. It may have been best to stop with the Chase denial instead of incurring more HPs. I wouldn't attempt new apps until after at least May, so that the accounts can age and the HPs can start wearing off.

I would have attempted Recon on most if not all of those denials, but great point indeed!