You can app right away. History begins faster if you have a card in hand lol
@recoveringfrombk7 wrote:@Gmood1 thanks! Made a bunch of wasted inquiries before I found this place, and have a lot of cancelled useless cards as a result, but hey I've learned a lot since!
I made a bunch of wasted inquiries before , during, and after
. Im the poor mans @Gmood1 🤪
I have quite a few inquiries I regret (including some from 2020), but in general, I think for somebody building or rebuilding from either nothing, or bad credit, inquiries are a necessary evil. What makes sense for somebody who's been 800+ for five years will not be ideal for you, unless you are very patient. What's done is done, don't worry about it too much. You can reach your goals. JMO.
@KJinNC sure, but wasted inquiries are different from excess inquiries. No matter your profile wasted inquiries are never good.
True, but you don't always know which is which until after the fact. Sometimes you can tell, and this board is helpful for that.
But as a for-instance, I applied for Ducks Unlimited the day before they switched from 5% gas to 1.5% everything, and was denied ... so that was a double-wasted inquiry. I'm actually glad I was denied, because at least I didn't also take the hit for the new account.
I did have some absolutely wasted inquiries last year in the early months, things that made no sense, like applying for a Signature Visa with scores in the low 500s, but how much has it really hurt? In my situation, IMO, not as much as some people think.
About a week. Specifically, I applied on the phone on a Sunday. I received an email welcoming me as a new member on Monday, eight days later. I was able to set up my online account that day.
(I also received a letter that same Monday that had been sent the Wednesday in between saying I needed to try uploading documents again ... but I guess they figured it out, because I am a member now without doing that.)
I received my debit card PIN today. I have not received my debit card yet.
