Since my newest accounts are finally 6 months old and others made 2 years, overall usage out of $9,100 is 50% and inquiry’s are dropping off my reports and my 1 year self lender installment account will be finished before June 20th! I am now getting preapprovals in the mail for personal loans as well as credit cards..
Ikea Projekt pre approval showed:
SL: $5,500 even though I stated I was making a $3000 purchase for a new closet set up. APR: 0% for 6,12 or 18 months and 21.99% there after. No pre payment fees and no minimum spend.
Has anyone else received the CL that Ikea Projekt showed? And is this a store card or Visa/Mastercard? I really dont want store cards but I could use that limit to make a large purchase while also padding UTL.
I was also preapproved for the wayfair card.... it only took 3 years lol.. no stats on that so I will steer clear.
Pre approved for subprime cards for a few months now but I am looking for prime cards come June.. the big drop from 7/24 to 3/24!! Woohoo 🎊💪🏼🙏🏼
Should I dive in for Ikea Projekt or wait for the end of June where my UTL will drop to 30% and AAoA will be over 2 years *finally* while also having a score boost to 700 scores *finally*. I am soo itching but I’ve waited 10 months so maybe I can wait another 3 weeks?
Also last question..
My Discover card makes 1 year June 1st.. when I was approved for my then secured card I had a collection account.. its still on my file and now when I check Discover prequal they say “cant prequal for any offers due to collections account” In which there is only one.. the same from before my first Discover card 😕 Do I PFD the collection and hope for the 2nd card prequal or move on to other lenders lol
Also I would love to open a balance transfer card but I need to wait for better scores 😩
I just looked up the specs on the IKEA cards, and neither options seem great (unless you need a bigger line for Utilization on the Projekt card) or are planning on using the Projekt card for actual building. See, it seems IKEA/Comenity only offer the two options, a Projeckt card to use only for their Taskrabbiting and building of IKEA installs OR their Visa that ONLY pays you back in IKEA Credits which have to be used within a 30 to 45 day time frame or they become invalid! Like, no cashback to even add to your account as a payment, like Amazon or Walmart, etc. BTW, Amazon has a new Prime Starter card (I've been 'shopping' for possible cards today, tee hee 😋), which is secured, a $100 bucks down, the SL to be determined as you apply, AND you still get the 5% back and all normal Prime/Synchrony benefits, including your FICO score. It can be PC into a normal card depending on how you use it, which seemed pretty cool. I had a pre-approved offer from Ebates, but they only pay you your own card's cash back every 3 mos when your Ebates app actually pays you. So, ... those are some of the retail cards I looked up today, lol! And I so wanted IKEA, but after the Doc Of Credit and Wallet Hub shot it down, I thought, eh. Maybe something better. I am liking the Amazon, tho. And the PayPal has promise. Wayfair works well, but you need to buy often enough for Comenity to justify larger CLI. Macy's looked okay. And I just got a Nordstrom card which many say give a CLI every 3 or 4 mos! Try googling the best cards to grow with sub-prime credit from Nerdwallet or a credit comparison site, or looking for other threads on these boards. *it's late, I'm rambling. Sorry!* 😛😜😝🤐 Goodluck! 🌠
Starting Score: 630 Current Score: 768/798/803 Goal Score: 820+
Began in Jan 2017. As of March 2018, just bought a new solar home!
Planning for: Chase Saphire Preferred Am Ex Blue Everyday Marriott Bonvoy or Visa Sig and Hyatt Visa Card (DONE! SPG Business, baby!!!) A Viaso card (all for Japanese travel) And to open a High Yield Savings and CD investment, and maybe look into ETFs. (DONE! ALL!)
Citi Rewards+ - $14000, Citi DC - $11000, Nordstrom VS - $5000, Discover IT - $14700, CareCredit - $15000, Cap One Venture - $6000, Amazon - $3800, Wayfair - $4900, Simply Be - $1200, Lane Bryant Platinum - $1900, Cap One Quicksilver (co-sign/au) - $1250, Victoria Secret - $750, Paypal MC - $900 ☹ ($79750 in credit. So Far ...) Updated 6/5/2019