Hello everyone. Going to make this my intro and ask for some advice while I'm at it 
I'll try to be brief but I tend to be long winded. Had a BK back in 98, completely off reports now of course. In 99 Cap1 started giving me unsecured cards. Over the next 3 years I got a total of 4 with them. Used them heavily, never missed a payment, carried a high balance most of the time. Fast forward to 2011, I started working on paying them off one at a time. 4/11 Chase sent me a pre-approval for their Freedom card and I was approved. Used that as my primary card always PIF. Middle to end of 2012 I paid off the last of the Cap1 cards and they stayed in the sock drawer. Dec. 2013 I closed one of the Cap1 cards because it had a $5/mo. fee.
On the 15th of this month I decided that the 3K limit on my chase card wasn't enough in case I really needed it for somthing. Paying twice each month to keep the util low on it was a pain as well. I had gotten an auto-CLI of 1k from them in Sept. 2013 so I didn't want to ask for another so soon. Saw the offer for Chase backed Amazon Visa with the $50 gift card added on approval and went for it. Instant approval with a $500 limit. I was disappointed to say the least. Looked around some more and on the 20th decided to apply for the Barclay Rewards World MasterCard. Instant approval for $6900. Great, that was what I was looking for.
Requested a CLI via luv button from Cap1 and declined for non-use/no recent payments. That's fine, I wanted to get my FICO and a copy of one of my credit reports. They checked EQ and it's 795. With this new information and still on the high from getting approved for the World MasterCard I applied for a Citi Dividend card and a Duck card. Instant denial on the Citi, still waiting on the letter. And 7-10 day message on the Duck card.
Now, getting to what I may need advice on and why... I should have taken more time to look into Barclay before applying for their card. I am concerned that there may be some AA as a result of the Inquiries around the same time as getting that card and the Amazon Visa that hasn't started reporting yet. I also don't know if I'll get approved for the Duck card (I'm also a little worried about my information on my application since I read about accounts being frozen and such but that's a different matter) and to top it off, my boyfriend added me as an AU on his Chase Freedom card and it just started reporting and looks like a new line for me. So, they'll see my Amazon card, his card, the extra inquiries and his card has a $14k limit and about 2% util at the moment. It pretty much doubled my available credit from that one alone.
So, if they CLD me or simply close the account thinking it's too risky now from the new accts. Should I just recon and explain that the $14k Chase is just an AU and I'm not responsible for it? Maybe I'm just over-reacting and nothing will come of the new accounts/inquiries. According to Barclay, my TU FICO is 800 when they started showing it in my account. Cap1 EQ is 795 (from Dec. 2013 info), my income is only $23k/yr. and my AAoA is 9y 1mo before the Amazon Visa is added on, no baddies. One other question, when an AU account is added to my credit report is there any indication that it's just an AU? I know FICO score factors it as if it were my own line but I'm wondering if there is a notation or anything on the reports from the CRA themselves.
Turned out very long post and this is me trying to be brief I've never been good with recons so any suggestions on how to play it if one is needed would be helpful. Thank you in advance and thank you to everyone that posts all the helpful information on all the threads here. I am kicking myself for not reading though here before looking for new credit.
@CelticLady wrote:Hello everyone. Going to make this my intro and ask for some advice while I'm at it
I'll try to be brief but I tend to be long winded. Had a BK back in 98, completely off reports now of course. In 99 Cap1 started giving me unsecured cards. Over the next 3 years I got a total of 4 with them. Used them heavily, never missed a payment, carried a high balance most of the time. Fast forward to 2011, I started working on paying them off one at a time. 4/11 Chase sent me a pre-approval for their Freedom card and I was approved. Used that as my primary card always PIF. Middle to end of 2012 I paid off the last of the Cap1 cards and they stayed in the sock drawer. Dec. 2013 I closed one of the Cap1 cards because it had a $5/mo. fee.
On the 15th of this month I decided that the 3K limit on my chase card wasn't enough in case I really needed it for somthing. Paying twice each month to keep the util low on it was a pain as well. I had gotten an auto-CLI of 1k from them in Sept. 2013 so I didn't want to ask for another so soon. Saw the offer for Chase backed Amazon Visa with the $50 gift card added on approval and went for it. Instant approval with a $500 limit. I was disappointed to say the least. Looked around some more and on the 20th decided to apply for the Barclay Rewards World MasterCard. Instant approval for $6900. Great, that was what I was looking for.
Requested a CLI via luv button from Cap1 and declined for non-use/no recent payments. That's fine, I wanted to get my FICO and a copy of one of my credit reports. They checked EQ and it's 795. With this new information and still on the high from getting approved for the World MasterCard I applied for a Citi Dividend card and a Duck card. Instant denial on the Citi, still waiting on the letter. And 7-10 day message on the Duck card.
Now, getting to what I may need advice on and why... I should have taken more time to look into Barclay before applying for their card. I am concerned that there may be some AA as a result of the Inquiries around the same time as getting that card and the Amazon Visa that hasn't started reporting yet. I also don't know if I'll get approved for the Duck card (I'm also a little worried about my information on my application since I read about accounts being frozen and such but that's a different matter) and to top it off, my boyfriend added me as an AU on his Chase Freedom card and it just started reporting and looks like a new line for me. So, they'll see my Amazon card, his card, the extra inquiries and his card has a $14k limit and about 2% util at the moment. It pretty much doubled my available credit from that one alone.
So, if they CLD me or simply close the account thinking it's too risky now from the new accts. Should I just recon and explain that the $14k Chase is just an AU and I'm not responsible for it? Maybe I'm just over-reacting and nothing will come of the new accounts/inquiries. According to Barclay, my TU FICO is 800 when they started showing it in my account. Cap1 EQ is 795 (from Dec. 2013 info), my income is only $23k/yr. and my AAoA is 9y 1mo before the Amazon Visa is added on, no baddies. One other question, when an AU account is added to my credit report is there any indication that it's just an AU? I know FICO score factors it as if it were my own line but I'm wondering if there is a notation or anything on the reports from the CRA themselves.
Turned out very long post and this is me trying to be brief
Was Citi included in your BK? If you had burned them previously, chances are you might still be blacklisted.
Otherwise, it could have been due to all the recent inquiries you have gotten. Citi can be a bit quirky if this is your first account with them.
Wait for the letter before calling.
Lenders can see that you are AU on your CRs. Don't worry about that. Some lenders do not factor in AU accounts at all in their considerations process as well.