Need Help..Am I ready for next round of applying?

[GR8WhiTE]

I currently have Citi backed cards (Staples, Shell, O.Depot, etc) and I am looking forward to a new round of applying for some more Citi backed vendors.

 

 

But before my next round of applying should I eliminate ALL the debt I have on my Citi backed accounts or just some of the debt I have with them?

 

 

Also. I am looking forward to applying for Lowes or Amazon or both. Currently I only have one GE backed account. That account is JCP and I've had it for about 2-3 months. I recently paid my second JCP invoice and my third invoice is due in a month. With that being said, am I ready to apply for these other GE backed vendors? AND! Can my Citi debts mess up my chances with the GE vendors I want to apply to.

 

 

Thanks.

[stroked89coupe]

PM Returned.

[BRBiz]

I currently have Citi backed cards (Staples, Shell, O.Depot, etc) and I am looking forward to a new round of applying for some more Citi backed vendors.

 

 

But before my next round of applying should I eliminate ALL the debt I have on my Citi backed accounts or just some of the debt I have with them?

 

 

Also. I am looking forward to applying for Lowes or Amazon or both. Currently I only have one GE backed account. That account is JCP and I've had it for about 2-3 months. I recently paid my second JCP invoice and my third invoice is due in a month. With that being said, am I ready to apply for these other GE backed vendors? AND! Can my Citi debts mess up my chances with the GE vendors I want to apply to.

 

 

Thanks.

Not knowing the rest of your file but with what you said I think you would be good to go for some more citi and I would suggest you have your balances below half of your credit limit. For GE I would try Amazon since they are a little easier then Lowes and go for the Net 30 account for now. If you get approved at Amazon I would give Lowes a try.

[GR8WhiTE]

PM Returned.

thanks stroked

[GR8WhiTE]

 

I currently have Citi backed cards (Staples, Shell, O.Depot, etc) and I am looking forward to a new round of applying for some more Citi backed vendors.

 

 

But before my next round of applying should I eliminate ALL the debt I have on my Citi backed accounts or just some of the debt I have with them?

 

 

Also. I am looking forward to applying for Lowes or Amazon or both. Currently I only have one GE backed account. That account is JCP and I've had it for about 2-3 months. I recently paid my second JCP invoice and my third invoice is due in a month. With that being said, am I ready to apply for these other GE backed vendors? AND! Can my Citi debts mess up my chances with the GE vendors I want to apply to.

 

 

Thanks.

Not knowing the rest of your file but with what you said I think you would be good to go for some more citi and I would suggest you have your balances below half of your credit limit. For GE I would try Amazon since they are a little easier then Lowes and go for the Net 30 account for now. If you get approved at Amazon I would give Lowes a try.

Should I apply for the GECRB account(s) now? or should I wait for my other debts to be at least below half first?

 

Stroked was telling me vice versa. That Lowes is easier. Either way, go for the net 30 first?

[GR8WhiTE]

Since we are on the topic of applying.

 

As you all know, I want to apply to Citi backed vendors. Up to how many Citi backed vendors can I apply to at once? (I currently have 6 Citi backed accounts)

[BRBiz]

 

 

 

I currently have Citi backed cards (Staples, Shell, O.Depot, etc) and I am looking forward to a new round of applying for some more Citi backed vendors.

 

 

But before my next round of applying should I eliminate ALL the debt I have on my Citi backed accounts or just some of the debt I have with them?

 

 

Also. I am looking forward to applying for Lowes or Amazon or both. Currently I only have one GE backed account. That account is JCP and I've had it for about 2-3 months. I recently paid my second JCP invoice and my third invoice is due in a month. With that being said, am I ready to apply for these other GE backed vendors? AND! Can my Citi debts mess up my chances with the GE vendors I want to apply to.

 

 

Thanks.

 

Not knowing the rest of your file but with what you said I think you would be good to go for some more citi and I would suggest you have your balances below half of your credit limit. For GE I would try Amazon since they are a little easier then Lowes and go for the Net 30 account for now. If you get approved at Amazon I would give Lowes a try.

Should I apply for the GECRB account(s) now? or should I wait for my other debts to be at least below half first?

 

Stroked was telling me vice versa. That Lowes is easier. Either way, go for the net 30 first?

You could give it a shot now and if not approved try again when the balances are lower.

 

I think up until recently he would be correct but lately it appears the Lowes side has tightened up their belts a little.

 

Net 30's are usually easier approvals and if places offer a net and revolving account you usually can obtain both. I would get a little history then apply for their revolving account.

[BRBiz]

Since we are on the topic of applying.

 

As you all know, I want to apply to Citi backed vendors. Up to how many Citi backed vendors can I apply to at once? (I currently have 6 Citi backed accounts)

Try a couple first to see what happens.. Which ones don't you have?

[stroked89coupe]

 

 

I currently have Citi backed cards (Staples, Shell, O.Depot, etc) and I am looking forward to a new round of applying for some more Citi backed vendors.

 

 

But before my next round of applying should I eliminate ALL the debt I have on my Citi backed accounts or just some of the debt I have with them?

 

 

Also. I am looking forward to applying for Lowes or Amazon or both. Currently I only have one GE backed account. That account is JCP and I've had it for about 2-3 months. I recently paid my second JCP invoice and my third invoice is due in a month. With that being said, am I ready to apply for these other GE backed vendors? AND! Can my Citi debts mess up my chances with the GE vendors I want to apply to.

 

 

Thanks.

Not knowing the rest of your file but with what you said I think you would be good to go for some more citi and I would suggest you have your balances below half of your credit limit. For GE I would try Amazon since they are a little easier then Lowes and go for the Net 30 account for now. If you get approved at Amazon I would give Lowes a try.

Should I apply for the GECRB account(s) now? or should I wait for my other debts to be at least below half first?

 

Stroked was telling me vice versa. That Lowes is easier. Either way, go for the net 30 first?

 

 

 

From my experience, If the creditor is offering a net 30 account, and a revolving, I have always gotten approved for both (Or had my account transfered over to a revolving in the case with amazon). I can definetly see why some people would think the net account's underwriting guidelines were less stringent, because they are basicly know if your going to default 30 days after your first purchase. Like I said I applied for both same day and got approved for both same day.

 

I don't think you could go wrong if you choose to apply for the net account. first. Simply because you know the other, If not approved same day, will follow suite soon. As long as you are able to get your foot in the door with one of gecrb's cards then your golden.

 

 

Again, Apply for the net or the revolving, The end result will be the same - A lot of GECRB accounts.

[BRBiz]

When I first applied for Amazon I applied for the revolving I was denied and about a week later I applied for for the net and was approved. Pretty much the same with Lowes..

[BRBiz]

I should add though it may have something to do with how many revolving accounts you have reporting versus net accounts.. If you have a good chunk of revolving accounts reporting it may be a easier approval for the revolving card and vice verse. There are so many variables in business credit its hard to really understand what lenders are looking for or want to see.

[GR8WhiTE]

 

Since we are on the topic of applying.

 

As you all know, I want to apply to Citi backed vendors. Up to how many Citi backed vendors can I apply to at once? (I currently have 6 Citi backed accounts)

Try a couple first to see what happens.. Which ones don't you have?

I have Staples n Odepot (2-net 30's and 2- Revolving), TSC and Shell...I really want Sears because I have an AVIS car rental account and I'd be able to use my Sears card to make payments on it. Other than that, Im looking maybe for an Office Max account or some more gas cards. Sears is the one I want though.

[GR8WhiTE]

 

 

 

I currently have Citi backed cards (Staples, Shell, O.Depot, etc) and I am looking forward to a new round of applying for some more Citi backed vendors.

 

 

But before my next round of applying should I eliminate ALL the debt I have on my Citi backed accounts or just some of the debt I have with them?

 

 

Also. I am looking forward to applying for Lowes or Amazon or both. Currently I only have one GE backed account. That account is JCP and I've had it for about 2-3 months. I recently paid my second JCP invoice and my third invoice is due in a month. With that being said, am I ready to apply for these other GE backed vendors? AND! Can my Citi debts mess up my chances with the GE vendors I want to apply to.

 

 

Thanks.

Not knowing the rest of your file but with what you said I think you would be good to go for some more citi and I would suggest you have your balances below half of your credit limit. For GE I would try Amazon since they are a little easier then Lowes and go for the Net 30 account for now. If you get approved at Amazon I would give Lowes a try.

Should I apply for the GECRB account(s) now? or should I wait for my other debts to be at least below half first?

 

Stroked was telling me vice versa. That Lowes is easier. Either way, go for the net 30 first?

 

 

 

From my experience, If the creditor is offering a net 30 account, and a revolving, I have always gotten approved for both (Or had my account transfered over to a revolving in the case with amazon). I can definetly see why some people would think the net account's underwriting guidelines were less stringent, because they are basicly know if your going to default 30 days after your first purchase. Like I said I applied for both same day and got approved for both same day.

 

I don't think you could go wrong if you choose to apply for the net account. first. Simply because you know the other, If not approved same day, will follow suite soon. As long as you are able to get your foot in the door with one of gecrb's cards then your golden.

 

 

Again, Apply for the net or the revolving, The end result will be the same - A lot of GECRB accounts.

You're so right on that. The way to look at it at the end of the day is: the more accounts, the better. Why have just the revolvings when you can have the net 30's too. Just a plus.

[GR8WhiTE]

When I first applied for Amazon I applied for the revolving I was denied and about a week later I applied for for the net and was approved. Pretty much the same with Lowes..

So I might as well got for the net 30 first...be on the safe side

[GR8WhiTE]

I should add though it may have something to do with how many revolving accounts you have reporting versus net accounts.. If you have a good chunk of revolving accounts reporting it may be a easier approval for the revolving card and vice verse. There are so many variables in business credit its hard to really understand what lenders are looking for or want to see.

I agree. As of right now, I have zero revolving with GECRB and 4 Citi backed revolving

[GR8WhiTE]

 

 

 

 

I currently have Citi backed cards (Staples, Shell, O.Depot, etc) and I am looking forward to a new round of applying for some more Citi backed vendors.

 

 

But before my next round of applying should I eliminate ALL the debt I have on my Citi backed accounts or just some of the debt I have with them?

 

 

Also. I am looking forward to applying for Lowes or Amazon or both. Currently I only have one GE backed account. That account is JCP and I've had it for about 2-3 months. I recently paid my second JCP invoice and my third invoice is due in a month. With that being said, am I ready to apply for these other GE backed vendors? AND! Can my Citi debts mess up my chances with the GE vendors I want to apply to.

 

 

Thanks.

Not knowing the rest of your file but with what you said I think you would be good to go for some more citi and I would suggest you have your balances below half of your credit limit. For GE I would try Amazon since they are a little easier then Lowes and go for the Net 30 account for now. If you get approved at Amazon I would give Lowes a try.

Should I apply for the GECRB account(s) now? or should I wait for my other debts to be at least below half first?

 

Stroked was telling me vice versa. That Lowes is easier. Either way, go for the net 30 first?

You could give it a shot now and if not approved try again when the balances are lower.

 

I think up until recently he would be correct but lately it appears the Lowes side has tightened up their belts a little.

 

Net 30's are usually easier approvals and if places offer a net and revolving account you usually can obtain both. I would get a little history then apply for their revolving acc

I think I'm going to wait about a month or so before applying. Did you hear about any of this Stroked? Lowes tightening up lately?

[GR8WhiTE]

 

 

 

 

 

I currently have Citi backed cards (Staples, Shell, O.Depot, etc) and I am looking forward to a new round of applying for some more Citi backed vendors.

 

 

But before my next round of applying should I eliminate ALL the debt I have on my Citi backed accounts or just some of the debt I have with them?

 

 

Also. I am looking forward to applying for Lowes or Amazon or both. Currently I only have one GE backed account. That account is JCP and I've had it for about 2-3 months. I recently paid my second JCP invoice and my third invoice is due in a month. With that being said, am I ready to apply for these other GE backed vendors? AND! Can my Citi debts mess up my chances with the GE vendors I want to apply to.

 

 

Thanks.

Not knowing the rest of your file but with what you said I think you would be good to go for some more citi and I would suggest you have your balances below half of your credit limit. For GE I would try Amazon since they are a little easier then Lowes and go for the Net 30 account for now. If you get approved at Amazon I would give Lowes a try.

Should I apply for the GECRB account(s) now? or should I wait for my other debts to be at least below half first?

 

Stroked was telling me vice versa. That Lowes is easier. Either way, go for the net 30 first?

You could give it a shot now and if not approved try again when the balances are lower.

 

I think up until recently he would be correct but lately it appears the Lowes side has tightened up their belts a little.

 

Net 30's are usually easier approvals and if places offer a net and revolving account you usually can obtain both. I would get a little history then apply for their revolving acc

>I think I'm going to wait about a month or so before applying. Did you hear about any of this Stroked? Lowes tightening up lately?

 

BR didnt write that..I wrote "Im going to wait a month to apply and has Lowes really tightened up?"

[stroked89coupe]

Only from you.

[BRBiz]

 

 

 

 

 

 

 

 

 

 

 

 

 

I currently have Citi backed cards (Staples, Shell, O.Depot, etc) and I am looking forward to a new round of applying for some more Citi backed vendors.

 

 

But before my next round of applying should I eliminate ALL the debt I have on my Citi backed accounts or just some of the debt I have with them?

 

 

Also. I am looking forward to applying for Lowes or Amazon or both. Currently I only have one GE backed account. That account is JCP and I've had it for about 2-3 months. I recently paid my second JCP invoice and my third invoice is due in a month. With that being said, am I ready to apply for these other GE backed vendors? AND! Can my Citi debts mess up my chances with the GE vendors I want to apply to.

 

 

Thanks.

 

Not knowing the rest of your file but with what you said I think you would be good to go for some more citi and I would suggest you have your balances below half of your credit limit. For GE I would try Amazon since they are a little easier then Lowes and go for the Net 30 account for now. If you get approved at Amazon I would give Lowes a try.

Should I apply for the GECRB account(s) now? or should I wait for my other debts to be at least below half first?

 

Stroked was telling me vice versa. That Lowes is easier. Either way, go for the net 30 first?

You could give it a shot now and if not approved try again when the balances are lower.

I think up until recently he would be correct but lately it appears the Lowes side has tightened up their belts a little.

Net 30's are usually easier approvals and if places offer a net and revolving account you usually can obtain both. I would get a little history then apply for their revolving acc

>

>I think I'm going to wait about a month or so before applying. Did you hear about any of this Stroked? Lowes tightening up lately?

>

BR didnt write that..I wrote "Im going to wait a month to apply and has Lowes really tightened up?"

This has been the experience of others lately that I know.. As with eveything else in biz credit there are many factors that can effect the the outcome.

[stroked89coupe]

I've always thought and experienced on the personal and business side that GECRB was a pretty flexible lender. I know there not considered a PRIME lender in the personal side but I think they are on there way to that point. Maybe already there for the store card catagory. I love them. Especially for their CLI's. They have been better than navy for me regarding CLI's. They have not exceeded my Navy CL on the personal side. But they are only 1000.00 from matching it.

 

 

[BRBiz]

I've always thought and experienced on the personal and business side that GECRB was a pretty flexible lender. I know there not considered a PRIME lender in the personal side but I think they are on there way to that point. Maybe already there for the store card catagory. I love them. Especially for their CLI's. They have been better than navy for me regarding CLI's. They have not exceeded my Navy CL on the personal side. But they are only 1000.00 from matching it.

 

 

Once your in your good as long as your paying your bills on time they can be generous with their limits.

[GR8WhiTE]

Only from you.

[GR8WhiTE]

I've always thought and experienced on the personal and business side that GECRB was a pretty flexible lender. I know there not considered a PRIME lender in the personal side but I think they are on there way to that point. Maybe already there for the store card catagory. I love them. Especially for their CLI's. They have been better than navy for me regarding CLI's. They have not exceeded my Navy CL on the personal side. But they are only 1000.00 from matching it.

 

 

the good thing is that if your in from now, you have a chance to get grandfathered in later with whatever their newer accounts may be....pm sent stroked

[GR8WhiTE]

 

I've always thought and experienced on the personal and business side that GECRB was a pretty flexible lender. I know there not considered a PRIME lender in the personal side but I think they are on there way to that point. Maybe already there for the store card catagory. I love them. Especially for their CLI's. They have been better than navy for me regarding CLI's. They have not exceeded my Navy CL on the personal side. But they are only 1000.00 from matching it.

 

 

Once your in your good as long as your paying your bills on time they can be generous with their limits.

but do you need to be maxing accounts so they can see you need a CLI? or just be on point with your payments?

[stroked89coupe]

 

 

I've always thought and experienced on the personal and business side that GECRB was a pretty flexible lender. I know there not considered a PRIME lender in the personal side but I think they are on there way to that point. Maybe already there for the store card catagory. I love them. Especially for their CLI's. They have been better than navy for me regarding CLI's. They have not exceeded my Navy CL on the personal side. But they are only 1000.00 from matching it.

 

 

Once your in your good as long as your paying your bills on time they can be generous with their limits.

but do you need to be maxing accounts so they can see you need a CLI? or just be on point with your payments?

 

 

I have found in my experience with CITI and GECRB as well as an old HSBC Northern account that Credit Lines do not have to be maxed out (Or anywhere near) to receive a CLI. ESPECIALLY with GECRB.

 

 

Every creditor wants to see use on time payments. I have been able to get quite a few credit line increases this way.