Greetings All
I decided to write a journal of my Discover It journey after reviewing several posts that were able to help me along the way by comparing my similiar scores with those that had been approved. Approximately 7 years ago I had been recently divorced, destroying my credit and didn't care. I had a vehicle reposessed and had burned Discover for about $6,500, none of this which I was very proud of. A year and a half ago I decided it was time to put my big boy pants on and start the rebuilding process. Since then I have been approved for 2 NFCU cards, AMEX and Capital One among several other smaller cards. I recently tried the Discover preapproval site and to my surprise I received a preapproval for the Discover It and Discover Chrome cards when in the past all I had received was the secured card. I pulled the trigger and sure enough I was approved. My plan is to keep a very detailed journal of every click and call I make including monthly spend, balances and CLI requests in the hopes that it can help someone else as it did me.
Discover It
Approved 11/26/18 with a SL of $2,000
Pulled Experian (630)
12 total accounts on file (6 cc's, 5 retail, 1 installment loan)
AAOA 2 years 3 months
Inquiries 8
Utilization 66% (I know it's high, don't judge I'm working on paying it down)
Burned Discover for $6,500, charged off 6/2012. No longer on my report.
Auto loan charge off for $6,710 from 2/2013. Due to fall off report any day now.
No late pays on report
No collections on report (except for auto loan as mentioned above that shows as a closed account)
Received welcome email 12/1/18
Received card in the mail 12/3/18
Called for recon and denied 12/4/18
Statement cut date is 12/9/18
As I said prior, I will continue to update this post monthly with scores and CLI requests. Thanks for taking the time to read and I hope this posts helps others just like the thousands of posts i have read that has helped me along the way!!!!!
Update 3/16/19
Dec 4 2018 posted transactions 257.65, paid 199.68, statement balance 57.97 util 3%
Jan 4 2019 posted transactions 1,804.06, paid 1,800.00, statement balance 73.75 util 7%
Feb 4 2019 posted transactions 1,901.00, paid 1,900.00, statement balance 54.25 util 5%
Feb 12 2019 Requested a CLI, approved for 700.00, called in to recon and received an additional 800.00 for a total cli of 1,500.00
March 4 2019 posted transactions 2,193.26, paid 970.24, statement balance 1,245.65 util 36%
March 16 2019 Requested a CLI, approved for 500.00, called in and denied any additional increase.
CL is now double what I started with 100 days ago.
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