Approved for a Lowe's card at $700. ( 34K income )
I planned to apply next year after I could tackle my last collection on Transunion, BUT it mysteriously was removed !! Since I technically didn't have any collections on any reports, I decided to take the bait early & see if I could get the card. . . . It was NOT instant. I had to call in & provide a reference #. The rep asked me basic questions like my name, bday & social. Total call time was about 7 minutes and she told me congratulations I was approved.
Scores at time of approval:
676 - TU
672 - EX
662 - EQ
My Transunion report:
9 inquires : recent car shoppping
Last late payment 11 months ago
Charged- Off Discover card last updated to paid in full/charge off 9 months ago
1.9 years AAOA - oldest account 5 years old
6 months of positive revolving bank card history (2 Capital One cards, 1 Amex)
No collections since the one I had was oddly removed (it was $4500 & 3 years old)
I requested a credit limit increase, but the approving rep told me I would need to wait upon activation. I came to the boards & found the Credit Solutions #. Called it & the rep told me that there was a "HOLD" on my account & I would need to be transferred to the verification department. I got nervous while being on hold for 3 minutes during the transfer & hung up. I will call for a CLI when I get the card. I wonder if I should start at 20K to see what they say??