Jump to content

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.


Sign in to follow this  

New Credit - Amazing results!

The last post in this topic was posted 2043 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Recommended Posts

Here is a reference point for new credit file. I was helping someone and these results are awesome.

 

Dec, 2014 A friend immigrated to US. NO CREDIT ANYWHERE.

 

Dec, 2014 opened a BOA checking account along with Secured Visa card with $1000 limit, added another $1500- Secured limit is $2500.

Mar, 2015 Added my friend as an Authorized User on CITI card with a limit of $12,000,

June, 2015 Applied for Discover (I know, I know) Unsecured limit of $1500, I was thinking of doing 16 day CLI trick, but loophole is now closed.

June 2015 Applied for BOA Visa, limit $1500

 

Now here is a kicker received a AMEX gold PRG with 50,000 MR point offer, applied APPROVED online. Unbelievable AMEX Gold in 6 months.

 

Going to deposit $10K in secured card BOA, we shall see if this becomes unsecured with that limit, (I think it is 6 or 9 months.)

 

Now here is the next part, Chase... I think depositing $20,000 in Chase Checking and 30 days later ask for Freedom or CSP.

 

Now all of this cannot be achieved without the wisdom of this community. :yu:

Edited by JohnWilkers

Share this post


Link to post
Share on other sites

Your checking account with Chase isn't going to play a part in you being to obtain credit with them. That will be based on your credit report.

Edited by AnnMichele

Share this post


Link to post
Share on other sites

Your checking account with Chase isn't going to play a part in you being to obtain credit with them. That will be based on your credit report.

Actually, it will...or could.

 

Speaking as a former Personal Banker and Branch Manager for Chase, I have managed to get applications approved via a call to Lending Services (recon) when customers had limited/spotty credit but had a good chunk on deposit. They were toy limits, usually $500 or $1000, but they were approvals. Don't expect to deposit money and then get approved overnight, though.

 

I've also seen where customers have $5,000 parked in a savings account and get a "gold box" (preapproval at Teller line) for Freedom and Slate, always highest APR, always $500 limit. $10,000+, same thing, but $1000 limit.

 

But again, don't expect it overnight. The money has to be there for a while.

Share this post


Link to post
Share on other sites

The last post in this topic was posted 2043 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  




  • Member Statistics

    • Total Members
      179,977
    • Most Online
      2,046

    Newest Member
    jgreen11
    Joined

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines