Credit Cards From Pulaski Bank
Author: Guest
Posted: Wed Jun 02, 2004 12:36 am
Post subject: Credit Cards From Pulaski Bank
Does anyone know or have experience with what kind of credit score Pulaski Bank looks for for their cards? Their online app states "Excellent Credit History" required (I have 705 with Equifax) and just got approved for an AMEX Green card last month.
I want their card because of he 4.75% fixed rate they are offering (Citibank charges me 9.99%). I've owned my home for 4 years, have no derogatory information on my CR, and make $160,000 /year.
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Author: NightStar
Posted: Wed Jun 02, 2004 7:24 am
Post subject: Credit Cards From Pulaski Bank
I tried a while back, they pulled from TransUnion for me at the time my score was in the 740 range.
To apply with this bank you have to forward them by fax a copy of your payment stub, a copy of your drivers license.
They will mail you out something first to verify your address, or call you to verify your phone.
They have strict underwriting just like a mortgage loan would have, I did not make the cut, I messed up myself, showing joint debt, but they would not count my joint income for individual account. It made me look like my utilization was like 47% instead of 26%.
Also I have low income only $20,000 per year, so they would only offer $2,000 (and if you already have existing $2,000 credit limit with anyone else) then they are not going to give you anything! They mean it when they say you are only entitled to $2,000 that takes in account what you already have with other creditors.
They also reserve the right to sell any accounts of theirs out to other creditors... only problem is you might be going along happy with that 4.75% interest then boom - you now belong to a creditor charging 18% interest - just for example.
This was my unicorn card, kept chasing after this one, until I realized it was too good to be true. Least for me it will remain out of reach no matter how good my credit scores become.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Board Monitor
Posted: Wed Jun 02, 2004 8:53 am
Post subject: Credit Cards From Pulaski Bank
Good points Nightstar. Guest, you might have a shot given your high income. Though, your credit score seems borderline. What kind of debt load are you carrying?
Don't know exactly what they require (they generally don't share this information), but wouldn't hurt to try if your debt isn't too bad. Let us know how things turn out...
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Wed Jun 02, 2004 12:36 am
Post subject: Credit Cards From Pulaski Bank
Does anyone know or have experience with what kind of credit score Pulaski Bank looks for for their cards? Their online app states "Excellent Credit History" required (I have 705 with Equifax) and just got approved for an AMEX Green card last month.
I want their card because of he 4.75% fixed rate they are offering (Citibank charges me 9.99%). I've owned my home for 4 years, have no derogatory information on my CR, and make $160,000 /year.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: NightStar
Posted: Wed Jun 02, 2004 7:24 am
Post subject: Credit Cards From Pulaski Bank
I tried a while back, they pulled from TransUnion for me at the time my score was in the 740 range.
To apply with this bank you have to forward them by fax a copy of your payment stub, a copy of your drivers license.
They will mail you out something first to verify your address, or call you to verify your phone.
They have strict underwriting just like a mortgage loan would have, I did not make the cut, I messed up myself, showing joint debt, but they would not count my joint income for individual account. It made me look like my utilization was like 47% instead of 26%.
Also I have low income only $20,000 per year, so they would only offer $2,000 (and if you already have existing $2,000 credit limit with anyone else) then they are not going to give you anything! They mean it when they say you are only entitled to $2,000 that takes in account what you already have with other creditors.
They also reserve the right to sell any accounts of theirs out to other creditors... only problem is you might be going along happy with that 4.75% interest then boom - you now belong to a creditor charging 18% interest - just for example.
This was my unicorn card, kept chasing after this one, until I realized it was too good to be true. Least for me it will remain out of reach no matter how good my credit scores become.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Board Monitor
Posted: Wed Jun 02, 2004 8:53 am
Post subject: Credit Cards From Pulaski Bank
Good points Nightstar. Guest, you might have a shot given your high income. Though, your credit score seems borderline. What kind of debt load are you carrying?
Don't know exactly what they require (they generally don't share this information), but wouldn't hurt to try if your debt isn't too bad. Let us know how things turn out...
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 10:23 PM
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