- Centurion Member
- Posts: 4055
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
But if you apply for a card you get through the SCT, presumably there is at least one hard pull involved before you actually get a full approval? So it's sort of like getting an 'invitation to apply' in the mail - you'll probably get approved, but it's not guaranteed?
I can see the appeal of the technique for people with really bad credit. What puzzles me a little is that I thought store cards generally had slightly stricter credit standards than, say, Capital One. I, at least, was rejected by GECRB in my first-ever credit application. If someone is so desperate for a new account that they will take a $200 line, I'd think it unlikely that they would be approved.
Does Comenity have much looser credit standards than GECRB? Or the idea is that you shop around different retail websites until someone will offer you a $200 limit?
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech