Here's the scoop: TU SCORE 755 Last weekend applied for US BANK Visa Signature. Did not get immediate approval on Sun pm, so I called Monday am and they said they just approved it for $8000 + no preset limit. (They said they had to finish verifying my address- howr they did that I do not know - but it was verified fast. Then they put up the web message stating the SIGNATURE approval.....Of course, I had been approved for CHASE WORLD already LOL!) After reading a couple of posts about US BANK giving multiple cards - of different brands....yesterday I clicked on US BANK Platinum Visa Card - AND BOOM -$5000 at prime + 5.99% - 0% purchase and BT for 6 months. FANTASTIC! Today, I was thinking of rounding out my new credit by getting a Line of Credit. I could never get a LOC when I had the BK on my reports. I have a checking at US BANK with maybe $200 in the acct - or less. SO: I went to US BANK and looked at their Premier Reserve Line of Credit Plus. You have to call them live to apply - and get their instant decision. I applied and she told me I would know in a few hours, then I could call back. I told her I was thrilled to get approved for SIGNATURE @ $8K AND thrilled to get the PLAT Visa for $5K at 0% then prime +5.99. I was completely upfront. She also gave me a kind of acct number and the number of the closest US BANK BRANCH. (I go to this branch - where I have checking to sign my RESERVE loan documents.) They make you go to a branch for the final signature - but approve you from a CENTRAL area. I called Debra a few minutes ago and explained that I could not reach the branch because of Columbus Day. I asked her the rates and credit limit. ---------------------------------------------------- She told me to set up an appt with the branch in the next 30 days to sign the REVOLVING - PERMANENT - line of credit - RENEWABLE Line of Credit. She told me I was approved for $25,000 at prime + 3.99%. I will stop by US BANK tomorrow and deposit another $100 into checking - AND sign the docs for the PREMIER RESERVE. It really is a reserve! No more apps for the Dogman. This one was worth the call! Unbelieveable. My TU score today DROPPED to 750....oh well! aarffff - dogman
THX all - unbelievable! The great thing is there are no balances - but I feel the flexibility http://www.usbank.com/personal/products_and_services/loans_and_credit_lines/usb_creditline_ps.html
THX Mark LA and GEORGE - coming from you two - it means A LOT! I nearly choked when she said $25K and the best rates. That is nice flexibility - and they give me access via check or Plat Visa card - or hook it to my checking acct. I get same rate purchase or CASH! This is the benefit of 750 FICO. I will always appreciate this Board's advice - by following the steps, to rebuild. Well, after the inquiries settle, my credit score should go up - and I already have the cards NOW - I want! aarrrffff ! YUP - they pull TU! and I do not know if they pulled 3X or still used my SIGNATURE app. Gosh - I am stunned and durn happy! DM
I congratulate you on rebuilding your credit to the point you now quality for these cards and lines of credit. However, as someone who has just started the journey of rebuilding his own credit, allow me a moment to be the voice of caution. You worked long and hard at rebuilding your credit. Be careful with these new cards and don't let your debt get to the point of where you are in trouble with your credit again. Achieving a high credit score is half the battle...KEEPING it is the other half.
you got that right! I appreciate the message BUCK! AND I have a mortgage to think about I just wish houses cost half and I would of been there already..... THX GEORGE
dogman, gotta thank you for the info. US Bank does have branchs in my neck of the woods. I'm going to try to follow your foot steps. I noticed that you got the highest LOC that they offer. Looks like I will be opening a checking account with them to get my foot in the door. Best regards, Mirage
Hi Mirage! YUP - and they pulled TU when they opened my chking acct in Mar or whatever - and the score then had to be 650.... Yup - I am stopping now butch - and I know you mean it well. It is now stopped - but - I sure am glad I did the LOC application! mirage - it is a nice deal ain't it? I saw that they advertise 1% + prime but I sure do not care. I am still sitting in the same chair wher a few weeks ago, I HAD to use CAP ONE!
Almost makes you not have any choice but to use this LOC over any of the credit cards. With such great terms and a high CL, you're set. Congrats!
Congrats Dog! Oh how far we have come!!! I got my first preapproval offer yesterday (for CU car loan at 3.5%). I won't be taking it but it sure feels good to see one, surely others will follow!
