Is a Lowe's Approval Possible?

Anonymous · ‎08-30-2014

I am supposed to be in the garden for the next few months but I want to take advantage of the Lowe's 18 month special financing that they are offering this weekend. So my question is do I have a shot of being approved? My AAOA is around 5-6 months with my oldest account being 2.5 years. I have opened 7 new CC'S in the past couple of months with my most recent being a GE/Synchrony Wal-Mart Card with a 1200 limit. I have 6 INQ on TU with 5 being in the last year. My TU Fico is 675 and my overall utilization is around 25%. What do you think?

Anonymous · ‎08-30-2014

Also, I have 100% on time payments and no baddies on TU.

Dw4250 · ‎08-30-2014

Yes you have a shot especially since you already have experience with GE.

Anonymous · ‎08-30-2014

Okay! I'm going to go today to apply in store as I've heard this is better and I already have the flooring picked out. I just wanted opinions on whether I should go or not. Lol. I know there is a chance for denial with so many new accounts but does Lowe's usually decline for that reason since it's a store card?

leegreen · ‎08-30-2014

Have the credit solutions number handy incase they dont give you a high enough limit off the bat...

06/26/2014 - Gardening until 7/1/15
NFCU NavCheck 15k, cashRewards VS 14k, nRewards 14k
Amex BCE 15k, CapOne Quicksilver MC 3k, USAA Platinum MC 2k, Discover It 1k
Jared 5.1K, Zales 5k, Lowe's 15k, Home Depot 5k

Anonymous · ‎08-30-2014

That already crossed my mind. Lol. The store associate I spoke to this morning also advised that approvals are higher at the end of the month?? Coincidence or a look into their lending?? Lol.

Anonymous · ‎08-30-2014

You should have a pretty good chance for it.

Anonymous · ‎08-30-2014

Awesome... thanks guys! I'm going in to the store in a bit... i will keep everyone posted.

Creditaddict · ‎08-30-2014

@Anonymous wrote:
Awesome... thanks guys! I'm going in to the store in a bit... i will keep everyone posted.

like other stated just put the credit solutions number in your phone and the second you are approved call them and ask them to CLI to $25k and see what they counter back at... I know that sounds crazy but TRUST on lowes and GE this is how they work... you will probably get way more than you thought and they will counter regardless if you ask for way to much!!

Anonymous · ‎08-30-2014

Awesome advice! Thanks.