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  1. #1
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    Default Is it better to wait, or app now?

    Since I have gotten my Discover it, I have been using it non stop in place of my crapitol one platinum card. As I stated in my previous threads, I only have a 750 cl on it. But my question is, is it better to wait and grow with this card, or app for the Chase Freedom or other similar cards to help with AAoA being that they would grow together?

    My TU fico which I just checked the other day via MyFico was 763.

    But I also just recently found out that my CapOne card which I have had the longest hasn't been reporting to EQ, so when I checked that it was significantly lower than with the other two bureaus. CapOne said they would send off a report for me and that I should allow 60-90 days for everything to be fixed. So this could also be hurting me currently.

    I believe I have 3 hard inqs reflecting on my report at the moment.

    If you need more info from me, please ask.
    Amex BCE $2,000 10/9
    Chase Freedom $2,200 9/16
    Discover it $1,250 2/13
    CO QuickSilver $1,250 9/12

    Ficos, per MyFico: 11/5

    Equifax: 702
    TransUnion: 718
    Experian: 722
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  2. #2
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    Default

    Wish I could edit...

    Updated scores in signature.
    Amex BCE $2,000 10/9
    Chase Freedom $2,200 9/16
    Discover it $1,250 2/13
    CO QuickSilver $1,250 9/12

    Ficos, per MyFico: 11/5

    Equifax: 702
    TransUnion: 718
    Experian: 722
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  3. #3
    Centurion Member MemberSince99's Avatar
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    Chase pulled TU for me, and with your TU FICO, you should have no problem getting a Freedom based on that. 3 inquiries also should not spook Chase (I had way more than that when they approved me for Freedom).

    Be aware that Chase tends to meet or come close to your current high credit line so don't expect them to give you 5k or more when your highest limit is 750 dollars. If you get 2 to 3k from them, that will be amazing (and I'm sure you'll be very happy) but in general from what I've read they don't want to be the first to give you a big line of credit.

    Still you have good approval odds. If for some reason you are declined and it's not that you are on their blacklist, I highly recommend calling the analysts backdoor number (NOT the regular customer service number) and doing a recon. Chase is relatively easy to recon (compared to say Citi or Amex) though you might have to do it a couple of times. I would go for it, Freedom is a good card and Chase is a bank that has offerings I think one day you would like (such as CSP). Best to get your foot in the door with them and let it age as you mentioned.
    FICOS
    TU: 771 April 2014
    EQ: 777 April 2014
    EX: 779 April 2014
    TU08 (Barclay's) 798 April 2014 Statement
    Discover 791 June 15 2014

    Cards:
    Associated Bank Accelerated Rewards Signature Visa 21.5k (05/12)
    Amex Platinum NPSL (5/13 - backdated to 5/99)
    Chase Freedom Signature Visa 11.5k (1/14)
    Amex Everyday Preferred 6k (3/14 - backdated to 3/99)
    Amex Hilton HHonors Surpass 9.5k (7/14 - backdated to 7/99)

    Garden: Card carrying Garden Club member. Gardening for life (and beyond)!
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  4. Gold Member
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    Quote Originally Posted by MemberSince99 View Post
    Chase pulled TU for me, and with your TU FICO, you should have no problem getting a Freedom based on that. 3 inquiries also should not spook Chase (I had way more than that when they approved me for Freedom).

    Be aware that Chase tends to meet or come close to your current high credit line so don't expect them to give you 5k or more when your highest limit is 750 dollars. If you get 2 to 3k from them, that will be amazing (and I'm sure you'll be very happy) but in general from what I've read they don't want to be the first to give you a big line of credit.

    Still you have good approval odds. If for some reason you are declined and it's not that you are on their blacklist, I highly recommend calling the analysts backdoor number (NOT the regular customer service number) and doing a recon. Chase is relatively easy to recon (compared to say Citi or Amex) though you might have to do it a couple of times. I would go for it, Freedom is a good card and Chase is a bank that has offerings I think one day you would like (such as CSP). Best to get your foot in the door with them and let it age as you mentioned.
    I have been hearing that they like at leadt 9 months to a year of history to approve, have you heard that?
    Amex BCE $2,000 10/9
    Chase Freedom $2,200 9/16
    Discover it $1,250 2/13
    CO QuickSilver $1,250 9/12

    Ficos, per MyFico: 11/5

    Equifax: 702
    TransUnion: 718
    Experian: 722
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  5. #5
    Centurion Member MemberSince99's Avatar
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    Probably ideally, yes. But your scores are good, and you may have some longer installment history and that could be taken into consideration by an analyst during a recon if need be.
    FICOS
    TU: 771 April 2014
    EQ: 777 April 2014
    EX: 779 April 2014
    TU08 (Barclay's) 798 April 2014 Statement
    Discover 791 June 15 2014

    Cards:
    Associated Bank Accelerated Rewards Signature Visa 21.5k (05/12)
    Amex Platinum NPSL (5/13 - backdated to 5/99)
    Chase Freedom Signature Visa 11.5k (1/14)
    Amex Everyday Preferred 6k (3/14 - backdated to 3/99)
    Amex Hilton HHonors Surpass 9.5k (7/14 - backdated to 7/99)

    Garden: Card carrying Garden Club member. Gardening for life (and beyond)!
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  6. #6
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    So I couldn't help it, I decided to app. Got the application pending message. Called the recon number. They had denied me for NO HISTORY. I asked if they pulled EQ, the analyst said yes. So explained to him the Crapitol One had not been reporting to them, and that I had called them to get it fixed. So he said that he could pull another bureau that they did report to and needed my permission. So, since I had already app'd I said yes. He put me on hold a few minutes, then came back. They pulled Experian and told me I was still denied due to short history and little usage. Which, is sadly true, I got that card before finding this place. And was scared to use it. So I wasn't using it in place of my debit card and then paying it off like I should have been. So, I have still been denied. Hopefully my Discover card will start reporting soon. Because I certainly don't plan on touch my Crapitol One card any time soon.
    Amex BCE $2,000 10/9
    Chase Freedom $2,200 9/16
    Discover it $1,250 2/13
    CO QuickSilver $1,250 9/12

    Ficos, per MyFico: 11/5

    Equifax: 702
    TransUnion: 718
    Experian: 722
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  7. #7
    Centurion Member MemberSince99's Avatar
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    That sucks to take 2 inqs and still be denied. If you wait until about September, and your scores remain good with the cards you have now, you should get it no problem.
    FICOS
    TU: 771 April 2014
    EQ: 777 April 2014
    EX: 779 April 2014
    TU08 (Barclay's) 798 April 2014 Statement
    Discover 791 June 15 2014

    Cards:
    Associated Bank Accelerated Rewards Signature Visa 21.5k (05/12)
    Amex Platinum NPSL (5/13 - backdated to 5/99)
    Chase Freedom Signature Visa 11.5k (1/14)
    Amex Everyday Preferred 6k (3/14 - backdated to 3/99)
    Amex Hilton HHonors Surpass 9.5k (7/14 - backdated to 7/99)

    Garden: Card carrying Garden Club member. Gardening for life (and beyond)!
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  8. Gold Member
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    Default

    Come on September. I could use a little more sunshine.
    Amex BCE $2,000 10/9
    Chase Freedom $2,200 9/16
    Discover it $1,250 2/13
    CO QuickSilver $1,250 9/12

    Ficos, per MyFico: 11/5

    Equifax: 702
    TransUnion: 718
    Experian: 722
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