What are my chances for Discover It.

mripguru · ‎05-26-2013

As the title suggests - I'm wondering what my chances might be for a Discover It card approval based on scores below?

If I do get denied - do I have any recourse to have them review the application for approval?

CreditJunkie917 · ‎05-26-2013

What does the rest of your profile look like? And baddies? That would give a better indication on your chances. Can't qualify approval chances on scores alone.

Amex PRG(NPSL), Amex BCE($5K), Amex Hilton($1K), NavCheck ($15K), NFCU CR Siggy($20K), USAA Amex($7K), USAA World MC($7K), CSP($2.3K), Chase Marriott($1.8K), Care Credit($2.5K), Cap1 QS($3.5K), VS($500), Cap1 Secure($200) Starting Scores(Jan 2013): FICO EQ: 643, TU: 552, EX: 567 Current Scores(Sept. 2016): FICO EQ: 672, TU: 703(?), EX: 682 In the Garden FOR-EV-ER!!!!! Cards and goals achieved! Let's grow and mature these babies!!!

mripguru · ‎05-26-2013

All of my baddies are paid up (though some are recent - all under $1k though).

I have a Cap One CC (Secured) - but, that's about it.

CreditJunkie917 · ‎05-26-2013

based on the info you've provided, and seeing that you only have the one cc, I would say your chances are slim. That's good that you have paid on your baddies, but if they are recent, that will hurt you. How long have you had your cc for? How many inquiries in the past year?

Amex PRG(NPSL), Amex BCE($5K), Amex Hilton($1K), NavCheck ($15K), NFCU CR Siggy($20K), USAA Amex($7K), USAA World MC($7K), CSP($2.3K), Chase Marriott($1.8K), Care Credit($2.5K), Cap1 QS($3.5K), VS($500), Cap1 Secure($200) Starting Scores(Jan 2013): FICO EQ: 643, TU: 552, EX: 567 Current Scores(Sept. 2016): FICO EQ: 672, TU: 703(?), EX: 682 In the Garden FOR-EV-ER!!!!! Cards and goals achieved! Let's grow and mature these babies!!!

mripguru · ‎05-26-2013

4-5 inq's in the past year.

CC is fairly recent..... 2-3 months.

enharu · ‎05-26-2013

what kind of derogs do you have?

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).

FocusedAndDetermined · ‎05-26-2013

I would suggest waiting 6 to 12 mos. put some distance between you and your recent baddies, and give your card/inquiries time to age. Your TU (which IT pulled for me) and expecially you EX are low. Let score move up before you app.

CredittotheMax · ‎05-26-2013

You can always recon.

$5k

$4.5k

$2.8k

$8k

$500
FICO = EQ: 786 (1/15) TU:774 (2/15) EX: 767 (2/15)

LS2982 · ‎05-26-2013

@CreditJunkie917 wrote:
based on the info you've provided, and seeing that you only have the one cc, I would say your chances are slim. That's good that you have paid on your baddies, but if they are recent, that will hurt you. How long have you had your cc for? How many inquiries in the past year?

I agree, your likely to get flat out declined and have to recon, if that is successful it will be a toy limit.

Why is your EX score so low?

EQ FICO 548 3/3/16

mtrsprt · ‎05-26-2013

I tried for Discover IT. Got shot down totally. All my baddies are paid, and over 4 years old.... Past 2 years rebuilding with flawless current history......6 accounts, all in great standing and low utilization also.....

They dislike baddies.......

Id say you have a 1/100 chance......

Starting Score: 521 TU, 597 EQ, 574 EX on 6/20/2011
Current Score: 753 TU, 764 EQ, 766 EX on 02/17/2014
Goal Score: 720-740 Across the board

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