Which card is easy to get with lots of inquries?

For just about anything you want to get off your chest about credit cards.
34 posts
popamode72
Centurion Member
Centurion Member
 
Posts: 1099
Joined: Sun May 04, 2014 4:41 pm
Location: Atlanta, GA

Postby popamode72 » Mon Sep 15, 2014 6:14 pm

CarefulBuilder14 wrote:While those are accurate examples of what is bad advice for most people with decent credit, and those claims certainly circulate on myfico without much thought, they don't sound like something fmc92 actually tried to follow.

If anything, fmc92 (with a secured Discover, some sort of Barclaycard, and maybe 50-100 inquiries in the last 2 years) needs to garden more urgently than 95%+ (or even 99%+?) of the population, so the typical gardening mantra would be appropriate.

I was expecting to hear, if I heard anything, some horrible advice more along the lines of:

If Amex turns you down for a Gold card, apply next month for a Platinum. Then a Green the month after that. App once a month for the Green until you get it. Amex likes to know you're really interested in them, even if you have bad credit. Don't worry about looking desperate.

Or

The FICO formula doesn't penalize you if you app for many cards at once. If you app for three cards in one day from different issuers, it only counts as one inquiry.

Or maybe

FICO doesn't count store cards not using a major payment network when determining your AAoA or number of inquiries.


Nope. I can say without that even over at MyFico on every single thread the guy has made, people have told him that he needs to slow down on the apping a ton. Some even suggested freezing all of his reports so he wouldn't be as tempted to keep shooting himself in the foot. Exact same kind of advice that's been given here and over at CreditBoards so this time it's been a much more universal, consistent thing here.

I don't think MyFico is all that bad. There are good people there with good advice as well if you're willing to sort out the crap and fearmongering that's also there sometimes though I also sometimes get annoyed that there are seriously people that do not contribute much other than to say congrats to others. Seeing as how that site is run by a CRA, I'm starting to see why they're a lot stricter and paranoid on certain things that can be talked about here with no problems, like freezing one credit bureau and having a creditor pull a report from a different bureau or something like that.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)


popamode72
Centurion Member
Centurion Member
 
Posts: 1099
Joined: Sun May 04, 2014 4:41 pm
Location: Atlanta, GA

Postby popamode72 » Mon Sep 15, 2014 6:19 pm

MemberSince99 wrote:Examples:
Q: I have a 750 score and a Crap One card with a 500 limit that will never grow and a 39 annual fee with no rewards. Perfect payment history and no inquiries. Should I apply for a prime card?
A: NOOOOOOOOOOOOOOOOOOOOOOOO don't do that you'll get an inquiry andt hat's a bigger crime to humanity than the Holocaust!!! Just garden don't ruin your perfect track record!


Q: I applied anyway and got approved for a Chase CSP card for 15k. Should I close the Crap One now that I don't need it?
A: NOOOOOOOOOOOOOOOOOOOOOOO NEVER EVER EVER for ANY reason EVER close a credit card you'll destroy your credit, doom the entire planet and be labelled a terrorist.


Q: I closed the Crap One anyway, but now I'd like to diversify and get an Amex so I have another card, to take advantage of their perks and establish my MS date. Should I apply?
A: How could you even think about it? 2 new accounts in the last several years? That will send up MASSIVE red flags to your current creditors who will CLD you or even close you down. In fact even one new account could be considered a big red flag you should pray they don't close your account!!!!


You get the idea. And they answer questions when they have no clue what the answer is but try to come across like they do know and give wrong information. I've seen that numerous times. The mods and the community leaders and some of the big posters there really know their stuff, but some of the others have no clue what the hell they are talking about but sound off like they are experts anyway, just making fools of themselves.


To a certain extent, I still see stuff like that sometimes. People there do sometimes tend to get carried away whenever someone closes a prime card that they don't want anymore that isn't giving them good service.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

jrmsu
Platinum Member
Platinum Member
 
Posts: 79
Joined: Sun May 04, 2014 9:53 am
Location: Mississippi

Postby jrmsu » Mon Sep 15, 2014 7:22 pm

Is the shopping cart trick "good advice?"
My Cards:

Discover It - $8,450 (9/13)
BankAmericard Cash Rewards Visa Signature - $5,000 (4/14)
Chase Freedom - $3,000 (5/14)
AMEX Hilton HHonors - $16,500 (6/14)


popamode72
Centurion Member
Centurion Member
 
Posts: 1099
Joined: Sun May 04, 2014 4:41 pm
Location: Atlanta, GA

Postby popamode72 » Mon Sep 15, 2014 7:46 pm

jrmsu wrote:Is the shopping cart trick "good advice?"


You need to shopping cart trick every single Comenity card you can get so you can someday have over 100 cards you'll never use and deal with crappy customer service. Lol.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

fixmycredit92
Green Member
Green Member
 
Posts: 16
Joined: Thu Sep 11, 2014 8:10 pm
Location: usa

Postby fixmycredit92 » Mon Sep 15, 2014 8:04 pm

popamode72 wrote:You need to shopping cart trick every single Comenity card you can get so you can someday have over 100 cards you'll never use and deal with crappy customer service. Lol.


Comenty is WAY WAY better than GE Even Fingerhut has better service than GE!

popamode72
Centurion Member
Centurion Member
 
Posts: 1099
Joined: Sun May 04, 2014 4:41 pm
Location: Atlanta, GA

Postby popamode72 » Mon Sep 15, 2014 8:38 pm

fixmycredit92 wrote:Comenty is WAY WAY better than GE Even Fingerhut has better service than GE!


And First Premier and Credit One has the best customer service of all in some weird, parallel universe. Stop spamming.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

Super100
Green Member
Green Member
 
Posts: 10
Joined: Mon Sep 01, 2014 4:58 pm
Location: USA

Postby Super100 » Tue Sep 16, 2014 10:36 pm

I wish there was a way to get the Hard Inquiries removed without having to wait 2 years....

User avatar
djrez4
Centurion Member
Centurion Member
 
Posts: 1468
Joined: Tue Jul 31, 2012 12:20 pm
Location: United States

Postby djrez4 » Wed Sep 17, 2014 10:22 am

Super100 wrote:I wish there was a way to get the Hard Inquiries removed without having to wait 2 years....


Who says there isn't?
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]
[/RIGHT]

User avatar
PlyrStar93
Centurion Member
Centurion Member
 
Posts: 410
Joined: Wed Jun 04, 2014 1:06 pm
Location: Chicago

Postby PlyrStar93 » Wed Sep 17, 2014 10:38 am

djrez4 wrote:Who says there isn't?

Well seriously, that is what I am about to do right now.

I just pulled my Equifax report, and turned out Citi did a hard pull on 8/30 this year. At or around that time I did not apply for any new credit or CLI with Citi.

Already disputed directly with Equifax, and their result was inquiry was factual record of report access, so they let me dispute with creditor. Still I am busy with school, can't find out a good time to draft my dispute letter.
Citi Forward Visa $5000 10/2012 | American Express Blue Cash Everyday $8000 2/2014 | Discover it $7000 5/2014
Chase Freedom Visa Signature $7000 6/2014 | Citi ThankYou Premier Visa Signature $5000 1/2015
All EMV.

popamode72
Centurion Member
Centurion Member
 
Posts: 1099
Joined: Sun May 04, 2014 4:41 pm
Location: Atlanta, GA

Postby popamode72 » Wed Sep 17, 2014 10:39 am

I'll just say you can't for sure with Experian unless it's something you can dispute. There's your hint. Don't wanna get banned if I go further than that but other websites have mentioned the subject before.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 2 guests