To apply for new credit card or garden current cards? help

For just about anything you want to get off your chest about credit cards.
21 posts
neptunejcw
Platinum Member
Platinum Member
 
Posts: 61
Joined: Wed Nov 21, 2012 2:42 pm
Location: Indiana

To apply for new credit card or garden current cards? help

Postby neptunejcw » Wed Jun 05, 2013 11:04 pm

Well I've officially repaired my credit to the best of my ability. I've had things deleted by goodwill & nagging phone calls to the collection agencies.

Goodies on report- first premier credit card 1yr10m reporting paid on time low utilization 300C.L.
5/3 secured credit card paid on time for 4months 1000C.L. low utilization but this month I'm at 30% because I used it too soon after I paid my bill
Car loan through credit acceptance. Some lates but was paid off last.year.

Baddies paid capital one judgment falls off 2017
HSBC Chargeoff falls off next November

FICO:TU 674 3 inq EQ:654 1 inq Fako Ex 6532 inq
Income 80K a year.
I'm at a crossroad I would like to try to get a decent card like a Discover or something, which I've heard I might possibly get. I said I was gone try a month or 2 ago but have been scared. Should I let my 5/3/ garden till 6 months then apply or what? Im ready to get in the 700club. I need your advice on what I.should shoot for..


rockyrock
Centurion Member
Centurion Member
 
Posts: 803
Joined: Thu Mar 21, 2013 6:06 am
Location: Ventura, CA

Postby rockyrock » Thu Jun 06, 2013 4:15 am

You may want to try: http://creditcardforum.com/offers/cardmatch.php and see what comes up.

I went through everything you did a several years back. I had 90+ days late on Chase, USAA, BofA, Citi, et al but somehow my Amex survived and they never closed it. My Amex and a secured Visa were all I had for a while.

I wasn't sure when to start over and so I waited until I started getting the "pre-approved" invites in the mail. This took two to three years but it worked and I have been moving fwd ever since. I know way more now and probably wouldn't have waited as long in retrospect. I have never used the card tool I linked but hear it makes good suggestions.

Good luck!
American Express (2005): Premier Rewards Gold & Blue Cash Preferred
Chase: Freedom & UA Club USAA: Signature Visa & American Express
Discover it Bank of Hawaii Hawaiian Airlines WEMC Synchrony Sam's MC
Navy FCU Platinum Visa Citi Double Cash & AT&T Access MC

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

Postby MemberSince99 » Thu Jun 06, 2013 5:23 am

I say get another card or two. I think you have little to lose by applying for Discover they pull EQ for new applications and few other lenders do, so that inquiry almost stays hidden from most other lenders. Consider a GE backed card as they grow quickly with heavy use and PIF habits (auto CLIs).

I used the link above as well, my exclusive offers were 3 Amex revolvers. App'd and got instant approval on Amex BCP.

neptunejcw
Platinum Member
Platinum Member
 
Posts: 61
Joined: Wed Nov 21, 2012 2:42 pm
Location: Indiana

Postby neptunejcw » Thu Jun 06, 2013 5:52 am

I did it & came up with Capital one Venture One, Cash Rewards, Platinum Prestige & Venture. I was hoping discover popped up but all.capital one cards. Which ones do you all think I have the better shot at? & which card is the best

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

Postby MemberSince99 » Thu Jun 06, 2013 6:06 am

Discover has a pre-approval site, just Google it, and it will take you there and you can see if they have softed you and like what they see.

I would not apply for Venture, that's tough to get and with your credit history I'd be shocked if you got it. I don't think I'd be approved for it if I applied honestly. You may be able to get the Cash Rewards and Platinum card, but they pull all 3 bureaus and they are inq sensitive for the non subprime cards at least. I say go for Discover, check their pre-approval site, if they have a pre-approval or pre-qualified go for, and maybe even if not, because like I said they pull EQ and not many other lenders do so that inquiry stays kind of hidden except from Cap One which pulls all 3.

neptunejcw
Platinum Member
Platinum Member
 
Posts: 61
Joined: Wed Nov 21, 2012 2:42 pm
Location: Indiana

Postby neptunejcw » Thu Jun 06, 2013 7:23 am

Discover site said they wasn't able to find me any pre approved offers but it did say they recommend the discover it

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

Postby MemberSince99 » Thu Jun 06, 2013 7:38 am

neptunejcw wrote:Discover site said they wasn't able to find me any pre approved offers but it did say they recommend the discover it


I never get pre-approved by them either. But I've been approved for every card I've applied for with them since 2012.

neptunejcw
Platinum Member
Platinum Member
 
Posts: 61
Joined: Wed Nov 21, 2012 2:42 pm
Location: Indiana

Postby neptunejcw » Thu Jun 06, 2013 9:05 am

Well I guess I will try the discover it & see what happens. Be right back

neptunejcw
Platinum Member
Platinum Member
 
Posts: 61
Joined: Wed Nov 21, 2012 2:42 pm
Location: Indiana

Postby neptunejcw » Thu Jun 06, 2013 9:35 am

I applied for the Discover, it immediately said I was denied. But the email they sent me said they have received my application & it may take up 30days to process. Anybody know any phone numbers to recon?

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

Postby MemberSince99 » Thu Jun 06, 2013 10:12 am

I'm sorry you got declined. The recon number is 888-676-3695Image from the FICO site.
I have read and was told they don't do recons, but you have nothing to lose by calling and trying, and it's practice as you may do something like this with Chase or Barclays in the future and you won't be as nervous next time having done it before.
Good luck and let us know how it works out. If worse comes to worse, ask them what you can do to get approved for their card as you'd really like to get into the Discover family and see what advice they can give you.



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 2 guests