During my recent app spree, I applied for an unsecured SDFCU card. Just got the letter in the mail yesterday. DECLINED - too many recent inquiries. That was the only reason.
They don't graduate secured cards, so I'm closing mine tomorrow. That card is SD'd anyway, since the rewards on my other cards work better for me. I've had that secured card 13 months now. It should hurt to close it, right? It's only a $500 CL, zero balance, and my overall util right now is 21%.
They don't graduate secured cards, so I'm closing mine tomorrow. That card is SD'd anyway, since the rewards on my other cards work better for me. I've had that secured card 13 months now. It should hurt to close it, right? It's only a $500 CL, zero balance, and my overall util right now is 21%.
I believe I have just under 30 on EX, which is what they pulled. Had an app spree last November, car purchase in December, mortgage apps in July, then this recent, post-closing spree. SDFCU was one of the last cards I applied for. Maybe it would have been different if it were the first?
@watch44 - Yup, that's actually what I'm doing now. I just got those decent limit cards in the last 30 days. 
You might want to send them a letter explaining the inq's for mtg, car etc. IIRC, another poster faxed in a letter after a denial and the recon was successful.
YMMV
YMMV
@lexie
Thanks. I may try that. Having second thoughts about adding another TL, though, since I'm gardening and don't really need it.
Thanks. I may try that. Having second thoughts about adding another TL, though, since I'm gardening and don't really need it.
That's up to you and the inq hit will not hurt as much as the ding to your AAOA.
Just in case you think I missed the 'don't really need it' comment.....Shaking my head!
Just in case you think I missed the 'don't really need it' comment.....Shaking my head!
Ha! I really screwed myself for now with all these seedlings. But it's done. 
All I can do is behave from now on.
All I can do is behave from now on.
