15K Approval from Logix....Approved?

[stroked89coupe]

Well I decided to apply with logix. Mainly because I have been recently hearing good things about them though that information may not be 100% correct. I applied for the regular savings. Then I decided to apply for the credit card. After the application it said I was pre approved for the following:

 

 

Platinum Rewards: 15K 13%

Platinum :15K 12%

 

 

 

I selected the rewards card since the interest rate does not matter to me. If approved for that rate it would be my lowest. If approved for that limit it would be my highest. Blowing Navy's out of the water at 12K

 

 

 

I have a discharged bk 7 two years ago. I have multiple inq's on EX (8 or so). Scores are around 650's. Utilization is 3% or so. Several other credit cards in the 1000 dollar and up range. Current auto loans with nothing but good history. Current personal loan with good history. Ect ect.

 

 

 

 

 

 

 

 

 

 

 

Now, I wonder if they will approve me. I know they are funny and even though I was pre approved someone still has to review it.

 

 

 

 

 

 

 

 

 

 

 

Impatiently waiting here.....

 

Edited November 15, 2013 by stroked89coupe

[lpkirby]

Good Luck and let us know!

[FixMyCred2013]

Logix is not very nice, my brother had to send them in paystubs, bank statements, letters from his work, tax returns among other things...this is AFTER he got the approval notice.

 

After he sent in all that they denied him for too much 'new' credit. His scores were 720+, he had two credit cards that were atleast 1.5 years old, paid mortgage, 2 car loans paid off and makes 65k + a year.

[missriss]

I was recently approved with Logix for 15k. I applied online as well, was instantly approved. Called the next day and spoke to the loan officer who email me the documents that needed to be electronically signed, and the credit card was ordered. No issues at all....

[stroked89coupe]

I just received my approval letter and credit report disclosure. Credit score was 668 and they pulled Experian as expected.

 

 

 

 

But

 

 

 

 

 

It looks like underwriting already reviewed it. The amount was changed from 15000 to 5000. I'm still 100% cool with that it will be my second highest credit card. I have to call the loan officer tomorrow to finalize everything.

[stroked89coupe]

I was recently approved with Logix for 15k. I applied online as well, was instantly approved. Called the next day and spoke to the loan officer who email me the documents that needed to be electronically signed, and the credit card was ordered. No issues at all....

 

 

Yep, Same here. Keeping fingers crossed that everything goes smoothly. I actually already signed a bunch of docs. For the credit card and savings account that they emailed me. They were really quick with everything. Did they request income docs?

Edited November 13, 2013 by stroked89coupe

[missriss]

No, they did not request any income docs from me.

[NewbietoFinance]

If you have experian frozen, will they default to another CRA?

[GR8WhiTE]

How are they if you have some baddies?

[cv91915]

I just received my approval letter and credit report disclosure. Credit score was 668 and they pulled Experian as expected.

 

 

 

 

But

 

 

 

 

 

It looks like underwriting already reviewed it. The amount was changed from 15000 to 5000. I'm still 100% cool with that it will be my second highest credit card. I have to call the loan officer tomorrow to finalize everything.

 

Congrats on the approval!!

[stroked89coupe]

Thanks. I was unabke to soeak with my loan officer today. I left a message later in the day. Will try again tomorrow or soeaj to someone else.

[stroked89coupe]

Spoke with someone today finally! They said after underwriting looked at it they reduced it to 5K. She said at first it was because navy was my highest line (5k) at the time. That was actually my old limit about 3 months ago. It's 12K now. She asked underwriting to bump it up and they said no. She specifically mentioned my BK. So they are definitely BK friendly!

 

 

Hey.... I'll take it!!! Second highest credit card line! No income docs requested.

 

 

 

Edited November 14, 2013 by stroked89coupe

[stroked89coupe]

Also I got approved for an increase on my Barclay card from 2000 to 3500. I also received an increase from 5000 to 11.5 (amount requested) on my Navcheck with Navy.

[msfgrp11]

Also I got approved for an increase on my Barclay card from 2000 to 3500. I also received an increase from 5000 to 11.5 (amount requested) on my Navcheck with Navy.

Congrats on all your approvals! Wait to go! You deserve it man!

[ronsetoe]

Spoke with someone today finally! They said after underwriting looked at it they reduced it to 5K. She said at first it was because navy was my highest line (5k) at the time. That was actually my old limit about 3 months ago. It's 12K now. She asked underwriting to bump it up and they said no. She specifically mentioned my BK. So they are definitely BK friendly!

 

 

Hey.... I'll take it!!! Second highest credit card line! No income docs requested.

 

 

 

Hey stroked congrats on the new credit line. I know I have read it before in your threads, but when was your BK? If I remember correctly was it 2010? TIA and congrats

[beastmode]

If you have experian frozen, will they default to another CRA?

 

Tried this. Got a call asking to unfreeze before proceeding. Unable to pull another CR per call.

[Misty120]

WooHoo Stroked! You're on a rool! Congrats!!

[GR8WhiTE]

Someone is on FIRE...

 

"Don't ever leave the table when you're on the heater"

 

[stroked89coupe]

 

Spoke with someone today finally! They said after underwriting looked at it they reduced it to 5K. She said at first it was because navy was my highest line (5k) at the time. That was actually my old limit about 3 months ago. It's 12K now. She asked underwriting to bump it up and they said no. She specifically mentioned my BK. So they are definitely BK friendly!

 

 

Hey.... I'll take it!!! Second highest credit card line! No income docs requested.

 

 

 

 

Hey stroked congrats on the new credit line. I know I have read it before in your threads, but when was your BK? If I remember correctly was it 2010? TIA and congrats

Thanks!

 

My chapter 7 bk was discharged 04/2012.

[stroked89coupe]

 

If you have experian frozen, will they default to another CRA?

 

Tried this. Got a call asking to unfreeze before proceeding. Unable to pull another CR per call.

Thanks for sharing!!

 

As far as the approval goes, they do not seem to factor in inq's or new accounts heavily. I feel that by having both of these ( 10 inq's and multiple new accounts under a year as well as my bk) it obviously played a part in why my limit was reduced.

[stroked89coupe]

Thanks everyone for the pats on the back. I owe it to people on here who contribute to helping others.

[stroked89coupe]

I also applied for an auto loan and personal LOC after my CC got approved.. My auto loan was denied simply because they do not lend in the state of GA. It actually says in order to open an account you have to be from certain states.That's the only reason I was denied for the auto. My loan officer was very nice. I applied for a PLOC and like I said was approved for 10K. We finished the app for 10k in a matter of minutes after I spoke with here this morning.. I called her back and asked how much I was approved for after she already started to issue the check, She said 15k. I said is there anyway we could change the amount?

 

 

 

Got it done no problem. Logix just blew everyone else out of the water. Highest tradeline to date. Annual income was 76,500.

 

 

 

I had a very good experience when I talked with everyone and they are very nice to deal with. I asked about Experian and they said that is the only CRA they can pull from. Just wanted to add some confirmation to the above posters comments.

 

 

Ex Fico was 686

Edited November 15, 2013 by stroked89coupe

[Matti]

I also applied for an auto loan and personal LOC after my CC got approved.. My auto loan was denied simply because they do not lend in the state of GA. It actually says in order to open an account you have to be from certain states.That's the only reason I was denied for the auto. My loan officer was very nice. I applied for a PLOC and like I said was approved for 10K. We finished the app for 10k in a matter of minutes after I spoke with here this morning.. I called her back and asked how much I was approved for after she already started to issue the check, She said 15k. I said is there anyway we could change the amount?

 

 

 

Got it done no problem. Logix just blew everyone else out of the water. Highest tradeline to date. Annual income was 76,500.

 

 

 

I had a very good experience when I talked with everyone and they are very nice to deal with. I asked about Experian and they said that is the only CRA they can pull from. Just wanted to add some confirmation to the above posters comments.

 

 

Ex Fico was 686

 

That's awesome. Congrats! Tempting. But I need another CU card like I need a hole in the head. Not to mention I've opened 4 or 5 new cards over the last 2 months. Waiting to see what happens to my AAOA when they all start to report.

[BDK]

I also applied for an auto loan and personal LOC after my CC got approved.. My auto loan was denied simply because they do not lend in the state of GA. It actually says in order to open an account you have to be from certain states.That's the only reason I was denied for the auto. My loan officer was very nice. I applied for a PLOC and like I said was approved for 10K. We finished the app for 10k in a matter of minutes after I spoke with here this morning.. I called her back and asked how much I was approved for after she already started to issue the check, She said 15k. I said is there anyway we could change the amount?

 

 

 

Got it done no problem. Logix just blew everyone else out of the water. Highest tradeline to date. Annual income was 76,500.

 

 

 

I had a very good experience when I talked with everyone and they are very nice to deal with. I asked about Experian and they said that is the only CRA they can pull from. Just wanted to add some confirmation to the above posters comments.

 

 

Ex Fico was 686

I don't understand, check for what?

 

But congrats on the approval!

[stroked89coupe]

 

I also applied for an auto loan and personal LOC after my CC got approved.. My auto loan was denied simply because they do not lend in the state of GA. It actually says in order to open an account you have to be from certain states.That's the only reason I was denied for the auto. My loan officer was very nice. I applied for a PLOC and like I said was approved for 10K. We finished the app for 10k in a matter of minutes after I spoke with here this morning.. I called her back and asked how much I was approved for after she already started to issue the check, She said 15k. I said is there anyway we could change the amount?

 

 

 

Got it done no problem. Logix just blew everyone else out of the water. Highest tradeline to date. Annual income was 76,500.

 

 

 

I had a very good experience when I talked with everyone and they are very nice to deal with. I asked about Experian and they said that is the only CRA they can pull from. Just wanted to add some confirmation to the above posters comments.

 

 

Ex Fico was 686

I don't understand, check for what?

 

But congrats on the approval!

 

 

Thanks!

 

See above in red