What would you do with a 651 credit score?

For just about anything you want to get off your chest about credit cards.
14 posts
amex007
Centurion Member
Centurion Member
 
Posts: 131
Joined: Wed Apr 01, 2015 3:31 pm
Location: NY

Postby amex007 » Sun Apr 12, 2015 12:48 pm

takeshi wrote:Where is this score from? What CRA was used as the data source? Keep in mind that there are 3 major CRA's and you have a score with each for any scoring model. Also keep in mind that depending on the creditor you apply with they may use an entirely different scoring model and/or CRA which can mean that the number they pull may be different from the 651 you're relying on.


For my last amex card they used Experian. Also for the chase card i got recently they pulled Experian.
Yes OP, it's good to address any derogs you can before applying.
Amex Gold NPSL | Amex ED 28500 | Barclaycard Arrival 17500 | Hyatt visa signature 5000
sockdrawer-- GM 4000 | Unionplus 2200
EX 795 EQ 786 TU 790


JamesMS
Centurion Member
Centurion Member
 
Posts: 151
Joined: Mon Apr 13, 2015 6:17 pm
Location: Fort Worth, TX

Postby JamesMS » Mon Apr 13, 2015 8:21 pm

Where are you pulling your credit report from? Most places (credit karma, Experian, etc...) offer an easy way for you to quickly view any derogatory items. If you state where you are looking we might be able to help.
Main Cards:
Amex BCE
Amex Everyday
Bank of America Cash Rewards
Chase Freedom
Capital One Quicksilver
Citi Thank You Preferred

Spark Cash Back (Business), Amex Plum (Business)

MemberSince99
Centurion Member
Centurion Member
 
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Mon Apr 13, 2015 9:03 pm

Venture is probably not feasible for a 651. Remember that's one of their "prime" cards, we aren't talking about the 39 annual fee, 300 to 500 limit with one CLI ever on the card, and no rewards here - that's their flagship card basically. They at least used to be picky on their prime cards. I think an Amex Green *might* be easier to get than Cap One - I found Cap One was more sensitive to inquiries on their prime cards than Amex, but that's just my personal experience (I applied for one of their prime cards years ago and was declined for inquiries).


Just some info that might save you 3 hard pulls for nothing. I'd try Barclays or one of the student cards (Discover or BofA - they may allow you a secured card as well). With a 651, it's really going to be hit and miss and depend on your overall profile. Worse comes to worse, do the shopping cart trick for ONE card that you will use, pay in full every month for 6 months to a year then go for prime when your score goes up at least 30 points or so. Whatever you do, don't go bananas and apply for every Commenity card - just take my word that someday you will wish you hadn't done that.

JamesMS
Centurion Member
Centurion Member
 
Posts: 151
Joined: Mon Apr 13, 2015 6:17 pm
Location: Fort Worth, TX

Postby JamesMS » Tue Apr 14, 2015 8:35 am

MemberSince99 wrote:Venture is probably not feasible for a 651. Remember that's one of their "prime" cards, we aren't talking about the 39 annual fee, 300 to 500 limit with one CLI ever on the card, and no rewards here - that's their flagship card basically. They at least used to be picky on their prime cards. I think an Amex Green *might* be easier to get than Cap One - I found Cap One was more sensitive to inquiries on their prime cards than Amex, but that's just my personal experience (I applied for one of their prime cards years ago and was declined for inquiries).


I agree, the Venture card probably would not be a good choice right now. Capital One has their "Classic Platinum" that might work though. Back in 2006 I had to rebuild my credit. This was one of the first cards that I was approved for back then. My score was probably around 630.
Main Cards:
Amex BCE
Amex Everyday
Bank of America Cash Rewards
Chase Freedom
Capital One Quicksilver
Citi Thank You Preferred

Spark Cash Back (Business), Amex Plum (Business)



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 2 guests