Well I have been a part of FWF for a couple months now and have learned more about credit and money in general then i have in my entire life, so i would like to thank you guys for that.
1st my general "stats"
age-20 (21 in august) im a part time student and work full time. personal income- ~43k HHI including my parents is well over 200k so on my apps I will probably meet in the middle and put 100k, except for AMEX I will put my income since they are FR nazis.
Current cards- AMEX Blue cash---------------- 22k limit ~$1500(0%)balance that will be payed off soon.
Bank of America Dodge rewards- 25k limit ~$1200 balance- dispute of 1k in progress, long story.
5/3 Bank---------------------- 10k limit ~$4800 balance @4% for life, and i actually havent been charged interest on this(im not complaining) for my dirtbike (i race motorcross)
Citi drivers edge------------- 1k limit no balance
Crapone card------------------ 1k limit no balance and oldest card
Also i have a car loan at about 12k
-so 59k in credit at about 13.5% utilization and that will be lower at the time of AOR.
My credit report from true credit is- SCORE INQUIRIES TU- 707 0 EX- 706 4 EQ- 702 10
I have been using TrueCredit and creditsecure for bumpage and i should see some bumping this month, i really want to wait till my inquiries are lower to start.
i am also a AU on 2 of my dads cards and have no idea how, thread about it is here LINK I really want to do this AOR before the AU user is done away with.
My goals- 1. 0% BT money 2. establish accounts that will help me for future AOR's - AKA reallocations 3. sign up bonuses 4. collect profit
Cards im planning on so far-
1. BOA Visa signature -12 month 0% BT_$50 statement credit Will try to get BT fee waived defferd
2. BOA Platinum plus Visa - 12 month 0% BT no BT fee defferd
3. AMEX SimplyCash Business Card 5% Cash Back on gas 1% everything else 60$ cardselection.com denied
5. CITI AMEX Dividend offer code- F1F3 0% BT till 7/1/08 or 10/1/08 with $100 purchase in the first 3 months. Max BT fee $29. Must Apply by 8/15/2007 Defferd
6 CITI Professional mastercard -150$ gift card after 1st purchase and 0% BT for 12 months $25 cardselection.com LINK to this offer deffered, then denied
7. Chase Home Improvement Rewards Card -12 month 0% BT_3%/75_$25 Cardselection.com defferd. then approved for 10000
8. Chase Platinum Visa -12 month 0%BT_3%/75$ max fee_$25 cardselection defferd DENIED
9. Chase Business Rebate Card - 6 month 0% BT 3%/75$ max fee_ $40 cardselection.com defferd the approved 12000
10. Chase Sony card -12 month 0% BT 3%/75$ max_ $100 after 1st purchase defferd
11. Discover® More Card -0% until the last day of the billing period ending during August 2008 $40 cardselection.com denied
12. WAMU Platinum MasterCard -9 month 0%BT_3%/$75 MAX FEE_ denied
7/5--- well i actually have 10 inquiries on EQ I misread it. and i have an EX that will drop off on the 9th. And after reviewing my orders i actually have about 25 more days untill i get some bumpage so i miscalculated that, so i may delay my AOR till mid next month.
Also took off discover business card
7/6----Added BOA platinum Visa- 12 month 0% BT no fee
7/8----got my first bump on TU today and an EX will drop off tomorrow my scores went up a little also-- TU-699, EX- 706, EQ still at 702
7/9----another TU bump which brought my score to 707
7/13----pulled the trigger with HORRIBLE results, hopefully one will get approved so i can buy a gun and shoot myself in the face.
7/15----so far my total inquires are TU-0 (no one pulled them?) EX-8 and EQ had two bumped today to leave a total of 8 also
7/23----first approval 5/3 cash rewards 12.500 limit will BT to checking
Why all the red for this individual? I am personally undecided on how I feel about AOR threads. I have been leaning slightly towards them being a nuisance and pointless. Though some do contain interesting information. In any event, I do not see how Blok should be given a negative rating whereas most every other AOR thread is greener than a woman who just found out her ex-husband won $300 million in the lottery.
mmanning63
Thrifty Member
posted: Jul. 5, 2007 @ 6:52a
FairlightRacing said: Why all the red for this individual? I am personally undecided on how I feel about AOR threads. I have been leaning slightly towards them being a nuisance and pointless. Though some do contain interesting information. In any event, I do not see how Blok should be given a negative rating whereas most every other AOR thread is greener than a woman who just found out her ex-husband won $300 million in the lottery.
good credit scores, but not great. lots of inquiries. You don't want cc companies to think you're desperate.
blok make sure that $43k is verifiable, especially for AM3X (as you pointed out)
also did you forget the Sony card for that free $100? That would put your at 4 chase apps though....
mmanning63 said: FairlightRacing said: Why all the red for this individual? I am personally undecided on how I feel about AOR threads. I have been leaning slightly towards them being a nuisance and pointless. Though some do contain interesting information. In any event, I do not see how Blok should be given a negative rating whereas most every other AOR thread is greener than a woman who just found out her ex-husband won $300 million in the lottery.
good credit scores, but not great. lots of inquiries. You don't want cc companies to think you're desperate.
blok make sure that $43k is verifiable, especially for AM3X (as you pointed out)
also did you forget the Sony card for that free $100? That would put your at 4 chase apps though....
Almost all the inquiries should be bumped by the time of my AOR so that shouldnt be a problem. yes, my income is verifiable, but i dont want to hassle my dad for docs. if it comes up so i wont be using his income on my AMEX apps. I couldnt find a working link for the sony card, ill try looking again.
edit- just found the working link so im going to try and squeeze that in.
And if anyone is going to give me red, pleas explain why. I put a lot of time into this and any comments would be appreciated. I also think this will help other young fatwallet members, such as my self.
While I personally haven't given you red, I feel that AOR stories should go into the sticky. I also generally don't go into AOR threads, since the details of people's AOR's aren't of particular interest to me. I actually wandered in here after seeing your thread get red when most are green and wondered why.
blok said: And if anyone is going to give me red, pleas explain why. I put a lot of time into this and any comments would be appreciated. I also think this will help other young fatwallet members, such as my self.
I suspect that "possibly youngest" tag line irked some people
markkundinger
Senior Member - 2K
posted: Jul. 5, 2007 @ 1:24p
I think you'll get results consistent with other AORs for those with high reported HHIs but relatively thin credit histories: very inconsistent.
If you want to do a BT with BofA, I recommend getting a card that has the BT fee capped (for instance, the Star Wars card), and don't count on your negotiation skills with waive the fee and potentially miss out on the whole opportunity.
I don't have a Discover Business card myself, but I hear rumor they go through moderately strenuous effort to verify business. Can you verify a small business?
RushnRockt said: blok said: And if anyone is going to give me red, pleas explain why. I put a lot of time into this and any comments would be appreciated. I also think this will help other young fatwallet members, such as my self.
I suspect that "possibly youngest" tag line irked some people
Actually, a 20 year old kid with the smarts and the cajones to research and pull this off deserves plenty of green, IMHO. Most of us were probably clueless about this stuff at that age.
newyork4me
Senior Member
posted: Jul. 5, 2007 @ 2:13p
curtisekarr said: RushnRockt said: blok said: And if anyone is going to give me red, pleas explain why. I put a lot of time into this and any comments would be appreciated. I also think this will help other young fatwallet members, such as my self.
I suspect that "possibly youngest" tag line irked some people
Actually, a 20 year old kid with the smarts and the cajones to research and pull this off deserves plenty of green, IMHO. Most of us were probably clueless about this stuff at that age.
20 is actually a rather late start these days....and I pulled it off the at 18 (day I turned). I only got $67k in credit at the time, but that was 1 yr ago.
lhendricks92 said: I did my first AOR in the womb.
That's a late start these days. I totally did my first AOR right after implantation.
jiffy
Ancient Member
posted: Jul. 5, 2007 @ 2:31p
I'm curious what kind of work do you do that you make $43k. 43k/52 weeks/40hrs = $20.68/hr which is pretty good for a 20yr old in college.
destroebl
Tired Member
posted: Jul. 5, 2007 @ 2:39p
And to contribute more to the actual AOR in question:
You say you're going to bump most of those inquiries off within a month, but I highly doubt it. Even if you're triple pulling from two sources, I think you're going to have a hard time getting the bulk of those off that fast. You have 6 EX, which obviously aren't going anywhere. The TU's could go, but EQ seems to have a fairly high bumping tolerance, where you have 11. It's going to be quite a awhile. That's a TON of inquiries for a 20yr old... where the hell did they come from? That's about how many I had AFTER I did my AOR.
Your scores are a little too low for my tastes as well. It's certainly not impossible to have a good AOR with scores that low, but I think that's somewhat pushing it, especially considering the large number of inquiries as well.
I would definitely nuke your balances before starting as well. You probably just need to wait a few months.
GroveStreetOG
Senior Member
posted: Jul. 5, 2007 @ 2:56p
On the Citi Professional Card, you need to do the trick to get more points.
1. Make sure your popup blockers are turned OFF. 2. Click on "apply" 3. Close or refresh the page.
A new window will pop up saying Wait!!!! Don't go!!!!! What if we give you $150, will that be all right???!?!! Also, when you do that the BT is for 12 months, not 9.
You used to have to go to a special link to do this, but now it works from the regular link on the Citicards page.
destroebl said: And to contribute more to the actual AOR in question:
You say you're going to bump most of those inquiries off within a month, but I highly doubt it. Even if you're triple pulling from two sources, I think you're going to have a hard time getting the bulk of those off that fast. You have 6 EX, which obviously aren't going anywhere. The TU's could go, but EQ seems to have a fairly high bumping tolerance, where you have 11. It's going to be quite a awhile. That's a TON of inquiries for a 20yr old... where the hell did they come from? That's about how many I had AFTER I did my AOR.
Your scores are a little too low for my tastes as well. It's certainly not impossible to have a good AOR with scores that low, but I think that's somewhat pushing it, especially considering the large number of inquiries as well.
I would definitely nuke your balances before starting as well. You probably just need to wait a few months.
well I have been pulling my reports daily for the last couple months and I am approaching 90 soft pulls so I think thay will start bumping soon. my balances will be paid in the next few weeks except for boa. my incuries came from buying my truck, my dirtbike opening bank accounts for bonus money, scottrade and credit cards.
markkundinger said: I don't have a Discover Business card myself, but I hear rumor they go through moderately strenuous effort to verify business. Can you verify a small business?
I'm a full time student and part time worker at 19. I'm planning on doing an AOR of my own but I only have 5 cards with a total combined limit of around 5.5k
taxmantoo said: What's done is done, but I wouldn't buy dirtbike/jetski/snowmobiles with borrowed funds. Especially if it's factory financing at $39 per month.
Did you miss the part about 4% interest on my 5/3 card
blok said: Did you miss the part about 4% interest on my 5/3 card
Yes, I missed that. So why the CRA inquiries for the dirt bike? Were you like me when I was 20 and let the dealers run my credit to see what wonderful financing deals they could get me? Yep, I was young and ignorant, one TU report I pulled after a summer of car shopping actually had "TU Alert - XX inquiries in XX days" printed on it. All from car financing inquiries from dealers I didn't buy a car from.
taxmantoo said: blok said: Did you miss the part about 4% interest on my 5/3 card
Yes, I missed that. So why the CRA inquiries for the dirt bike? Were you like me when I was 20 and let the dealers run my credit to see what wonderful financing deals they could get me? Yep, I was young and ignorant, one TU report I pulled after a summer of car shopping actually had "TU Alert - XX inquiries in XX days" printed on it. All from car financing inquiries from dealers I didn't buy a car from.
I actually bought it with a loan and only had it on the loan for 2 months before BTing it to my card, when i got the loan they ran my credit 3 times which i didnt know untill after. And on the 5/3 card i put it on, they havent charged me interest yet so thats pretty cool.
GroveStreetOG said: On the Citi Professional Card, you need to do the trick to get more points.
1. Make sure your popup blockers are turned OFF. 2. Click on "apply" 3. Close or refresh the page.
A new window will pop up saying Wait!!!! Don't go!!!!! What if we give you $150, will that be all right???!?!! Also, when you do that the BT is for 12 months, not 9.
You used to have to go to a special link to do this, but now it works from the regular link on the Citicards page.
holy crap that works just like you said, thank you!
GroveStreetOG
Senior Member
posted: Jul. 5, 2007 @ 10:48p
I checked and it works from the cardselection.com page or whatever that site was that you referred to (and which I signed up for as a result); but you have to attempt to close the page, refreshing doesn't seem to work. The new window will pop up, and I suppose you will get the cardselection.com bonus because you went through their site.
ChumChurum
Senior Member
posted: Jul. 5, 2007 @ 11:30p
May I suggest checking your true FICO scores before AOR? Wait until the inquiries get bumped off, as the FICO scores can be expensive to obtain on demand. You can check two (EQ and TU) true FICO scores for about $4.3, and the third, for an additional $13.
On myFICO.com, sign up for a free 30-day trial of ScoreWatch. That will give you an Equifax score, with a possibility of pulling EQ once more, and score updates when changes happen to your credit file. Also sign up for Identity Theft Security Deluxe, which is $4.95 per month, and will pull your TU score. You can cancel almost immediately after getting the score. Experian score will cost you $15.95. For all your purchases, you can use the code, Unionplus, to get a 15% discount.
Also, definitely wait until the TU and EQ inquires wear off. And if you have multiple 3-1 daily pull programs (TrueCredit, CreditSecure, etc), I would recommend checking your inquiry distribution mid-flight. During a recent App-Spree, my EX inquiry count went up to 10, putting a nice dent on my credit score. You can check your EX report at any time you want.
ChumChurum said: May I suggest checking your true FICO scores before AOR? Wait until the inquiries get bumped off, as the FICO scores can be expensive to obtain on demand. You can check two (EQ and TU) true FICO scores for about $4.3, and the third, for an additional $13.
On myFICO.com, sign up for a free 30-day trial of ScoreWatch. That will give you an Equifax score, with a possibility of pulling EQ once more, and score updates when changes happen to your credit file. Also sign up for Identity Theft Security Deluxe, which is $4.95 per month, and will pull your TU score. You can cancel almost immediately after getting the score. Experian score will cost you $15.95. For all your purchases, you can use the code, Unionplus, to get a 15% discount.
Also, definitely wait until the TU and EQ inquires wear off. And if you have multiple 3-1 daily pull programs (TrueCredit, CreditSecure, etc), I would recommend checking your inquiry distribution mid-flight. During a recent App-Spree, my EX inquiry count went up to 10, putting a nice dent on my credit score. You can check your EX report at any time you want.
Good luck.
Thank you for the info, i will definitely be taking your advice
curtisekarr said: RushnRockt said: blok said: And if anyone is going to give me red, pleas explain why. I put a lot of time into this and any comments would be appreciated. I also think this will help other young fatwallet members, such as my self.
I suspect that "possibly youngest" tag line irked some people
Actually, a 20 year old kid with the smarts and the cajones to research and pull this off deserves plenty of green, IMHO. Most of us were probably clueless about this stuff at that age.
Hey, I'm younger. I turn 20 this year! I didn't bother to post about my AOR as I didn't see it being different than any of the others posted though.
hejustlaughs said: curtisekarr said: RushnRockt said: blok said: And if anyone is going to give me red, pleas explain why. I put a lot of time into this and any comments would be appreciated. I also think this will help other young fatwallet members, such as my self.
I suspect that "possibly youngest" tag line irked some people
Actually, a 20 year old kid with the smarts and the cajones to research and pull this off deserves plenty of green, IMHO. Most of us were probably clueless about this stuff at that age.
Hey, I'm younger. I turn 20 this year! I didn't bother to post about my AOR as I didn't see it being different than any of the others posted though.
stop stealing my glory, lol. How did yours go, how much new credit did you get?
I added the BOA platinum plus visa with no BT fee, has anyone had problems getting multiple lines at BOA?
lhendricks92
Senior Member - 1K
posted: Jul. 6, 2007 @ 7:34p
Might I suggest the FIA (BofA) Charles Schwab instead of the BofA Visa Signature? Same $50 statement credit without the Visa Signature, high balance reporting headache. No problemo reallocating FIA CL to BofA (and vice versa).
cardjuggler
Senior Member
posted: Jul. 7, 2007 @ 7:04a
hejustlaughs said: Hey, I'm younger. I turn 20 this year! I didn't bother to post about my AOR as I didn't see it being different than any of the others posted though. At the risk of sounding like a broken record: please post a summary to the AOR stats thread so others in the same boat can see what to expect.
mrrepair2002
Greedy Member
posted: Jul. 9, 2007 @ 8:31p
Nice, looks good! im still too scared to do mine im still not up on everything to get it all down yet...
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