Want to Apply for New Credit Card Accounts
Guest: Minerva
Post subject: Want to Apply for New Credit Card Accounts
Posted: Wed Jan 17, 2007 9:26 am Post subject: Credit Cards or Line of Credit
--------------------------------------------------------------------------------
Hello all,
I got a pre approve application for a line of credit with a stated amount of credit.
Want to do a apporama and the last time I got a new card was over ten months ago.
I need the credit because I'm going to buy some big ticket home appliances.
I'm wondering which action I should take that would give me the best chance to get approved. Do the apporama first and then try for the line of credit; or go for the line of credit first.
What are your thoughts on this? Thank you.
Minerva
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: QikPass
Credit Expert (100+ Posts)
Posted: Wed Jan 17, 2007 9:32 am
Depends on what you "WANT" the most.
If you want/feel you need the LOC more, then do that first, then go for the cc's your interested in.
Strategy for this is that as your inquiries add up, lenders may balk at issuing more credit, so hit those you are interested in the most first, then aor away to your hearts content.
_________________
Fortune Favors The Bold...
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: angelo21
Posted: Wed Jan 17, 2007 10:22 am
You need to do what you believe is your best interest based on your situation.
"Pre-approved" solicitations are always better than hard/cold pulls. Someone (or some thing) has taken the time to pull your data and determined your worthiness. Obviously, you have a greater opportunity of being approved on a preapp applicatiion provided there are no surprises when they pull your report.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Post subject: Want to Apply for New Credit Card Accounts
Posted: Wed Jan 17, 2007 9:26 am Post subject: Credit Cards or Line of Credit
--------------------------------------------------------------------------------
Hello all,
I got a pre approve application for a line of credit with a stated amount of credit.
Want to do a apporama and the last time I got a new card was over ten months ago.
I need the credit because I'm going to buy some big ticket home appliances.
I'm wondering which action I should take that would give me the best chance to get approved. Do the apporama first and then try for the line of credit; or go for the line of credit first.
What are your thoughts on this? Thank you.
Minerva
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: QikPass
Credit Expert (100+ Posts)
Posted: Wed Jan 17, 2007 9:32 am
Depends on what you "WANT" the most.
If you want/feel you need the LOC more, then do that first, then go for the cc's your interested in.
Strategy for this is that as your inquiries add up, lenders may balk at issuing more credit, so hit those you are interested in the most first, then aor away to your hearts content.
_________________
Fortune Favors The Bold...
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: angelo21
Posted: Wed Jan 17, 2007 10:22 am
You need to do what you believe is your best interest based on your situation.
"Pre-approved" solicitations are always better than hard/cold pulls. Someone (or some thing) has taken the time to pull your data and determined your worthiness. Obviously, you have a greater opportunity of being approved on a preapp applicatiion provided there are no surprises when they pull your report.
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 2:09 PM
0 Comments:
Post a Comment
<< Home