Author Topic: Applying for Credit Cards (Read 16431 times)

Schneur · « **on:** May 30, 2008, 03:12:40 AM »

Hey Dan, can you make a post or reply here as to what is the best information to submit on a credit card application?

Should we say we rent or own a house?

should we put income of 300,000 or of 40,000?

any ideas would i am sure be appreciated!!

thanx all!!

kishke · « **Reply #1 on:** May 30, 2008, 07:31:17 AM »

my credit is "bad".. i do have 3 cards now, and pay on time, and dont carry a balance for 1 year,, but i would love to apply for american express, or where i get starwood points/airlinge mailes i keep getting denied, do you have any suggestion how i can still get one of those cards?

Yitzter · « **Reply #2 on:** May 30, 2008, 04:39:19 PM »

I think it's all random, a friend of mine who has pretty good credit got denied to amex a bunch of times. I honestly dont know how they work.

ash · « **Reply #3 on:** May 30, 2008, 04:55:28 PM »

stop applying for cards for a while and get that "bad" credit up
i used to aply for the macy's card and was always refused now i have awsome credit working on churning and slowly flying the world for free
so it does change

Yitzter · « **Reply #4 on:** May 30, 2008, 05:03:14 PM »

Quote from: ash on May 30, 2008, 04:55:28 PM

stop applying for cards for a while and get that "bad" credit up
i used to aply for the macy's card and was always refused now i have awsome credit working on churning and slowly flying the world for free
so it does change

I like the part of flying around the world for free. I gotta start churning. I just have to lay low for a little bit!

levi · « **Reply #5 on:** May 30, 2008, 05:11:17 PM »

Quote from: Yitzter on May 30, 2008, 05:03:14 PM

I like the part of flying around the world for free. I gotta start churning. I just have to lay low for a little bit!

Flying the world for free, well said thats what its all about

Yitzter · « **Reply #6 on:** May 30, 2008, 05:17:41 PM »

True true, That IS what it's all about.

ash · « **Reply #7 on:** May 30, 2008, 05:48:23 PM »

the prices of airfair are going to go up i hope the milege wont go up as well

but your miles are going to be worth more if they stay the same as it is right now
like the old days

Yitzter · « **Reply #8 on:** May 30, 2008, 05:51:57 PM »

At the rate it's going now, air fare is going to be crazy expensive just like it was in the 20's. it's retarded. As long as gas is going up, air fare is tagging right behind it. It's insane.

Dan · « **Reply #9 on:** May 30, 2008, 05:54:15 PM »

Quote from: Yitzter on May 30, 2008, 05:51:57 PM

At the rate it's going now, air fare is going to be crazy expensive just like it was in the 20's. it's retarded. As long as gas is going up, air fare is tagging right behind it. It's insane.

20's?
I think you mean 50's-70's

Yitzter · « **Reply #10 on:** May 30, 2008, 06:04:23 PM »

Well I was going to initially say the 60's but then I did a wiki and apparently the first commercial aircraft came out in the 20's so.....

ash · « **Reply #11 on:** May 30, 2008, 06:11:04 PM »

lol even in the eighties a flight from cali to ny was 350 and up

Yitzter · « **Reply #12 on:** May 30, 2008, 06:19:07 PM »

Yea, that's funny. It's actually sad.

Schneur · « **Reply #13 on:** May 30, 2008, 06:24:31 PM »

can someone answer the question from the OP?

ash · « **Reply #14 on:** May 30, 2008, 06:34:52 PM »

why should you lie say you rent and make 70,000 which is possible or say the truth

Yitzter · « **Reply #15 on:** May 30, 2008, 07:07:05 PM »

Some people I know wrote that they make 30,000 a year, and still got accepted with a 18,000 Credit limit. I honestly don't know how they work. just say you make 50,000 and rent like ash said.

levi · « **Reply #16 on:** May 30, 2008, 07:08:20 PM »

Quote from: Yitzter on May 30, 2008, 07:07:05 PM

Some people I know wrote that they make 30,000 a year, and still got accepted with a 18,000 Credit limit. I honestly don't know how they work. just say you make 50,000 and rent like ash said.

Or you can say household income and make up any amount

eli123 · « **Reply #17 on:** June 01, 2008, 12:20:44 AM »

what you answer about rent or own makes little diff they go by what they could verify which is credit history and credit score anythng you can make up a story about they realize that and do not base their decision on it.

Avid Reader · « **Reply #18 on:** June 01, 2008, 01:31:22 AM »

It's a good idea to say "live with relatives" (if you do) since they want to see how much expense you have versus income. If you dont have to pay for your home, your income is worth more. When I lived at home I would always tell them I live with relative and they seemed very happy with that, and I got a very nice credit limit. I also had excellent credit. So you have to factor both things in.

Yitzter · « **Reply #19 on:** June 01, 2008, 01:44:23 AM »

Quote from: Avid Reader on June 01, 2008, 01:31:22 AM

I also had excellent credit. So you have to factor both things in.

You don't have good credit anymore?

Author Topic: Applying for Credit Cards (Read 16431 times)

levi

levi