...as this thread progresses, this first post is continually updated... PANNYS AOR 1.0 - Both personal and business Primary Goal is to get as much credit lines as possible with 0$ BT or similar offers. I will be going for both Personal and Business Cards. I also plan to do a follow up AOR as soon as I can within a few months if possible to further increase lines. I will continue to try to read more and tweak this as best as possible in the next few days, then hopefully my transunion that I am waiting on will update and show my paid off existing credit card balances. I will update as I move along or any other info I put. If anything needs clarification, please let me know. BIO-
Age- 27
Single
Credit history length- 5 yrs avg. (14 yrs oldest acct- from a Marshall Fields charge card)
Personal income- 85K (I have been in school my whole life & made this last year on eBay)
HHI - 180k (I live with parents) DEBTS-
School Loans- 270K (no, not 27K, but 270K) - all currently on deferment
I have no other expenses or debt - no car, no rent, no mortgage CREDIT DATA-
As of 11/5/08, my credit scores are: 770 Experian- # INQUIRIES 4 - citi 8/08, 2/08 cbna, 6/07 hsbc, 3/07 discover
801 Equifax- # INQUIRIES 3 - DirecTV 1/08, us bank 8/07, charter1 8/07
774 Transunion # INQUIRIES 4 - 1st USA 10/08, Barclays 8/07, 1st USA 6/07, citi 6/07 CURRENT CREDIT CARDS Current Accounts prior to AOR-( CL, balance, opened) Citi Dividend- 14450, yr2000
Citi platinum select- 5000, yr2007
Discover 1- 5850, 200 balance, yr1999
Discover 2- 5800, 510 balance, yr2000
US Bank NWA- 10500, yr2007
AMEX Blue- 24900, yr2004
Chase 1- 2500, yr2006
Chase 2- 8000, 480 balance, yr2000
Key- 700, yr2006
B of A- 5900, yr2001
**Advanta Business- 14500, 400 balance-- this is currently my ONLY business line, yr2003
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10 personal cards, 1 business Total $1,600 bal avg. 5 yrs old --------------------------- 98.1K total CL (83,600 personal, 14,500 business)-----------------
PRE - AOR- I had 11K in credit card balances, last week paid down to $1,500. I also disputed all credit reports based on balances reported so that reflects ASAP. (Experian and Equifax already show, just waiting on TU now). I also did soft CLI on all cards that I could.
NEW CARDS I WANT TO APPLY FOR in AOR 1.0: BUSINESS & PERSONAL IN ORDER OF APPLICATION EX/TU- AMEX Business Platinum- Call in $200 credit- targeted Preapproved Offer ($450 annual fee)------ declined, i called in and had them pull another credit report (they tried to pull experian initially (which is FROZE), when i called they pulled TU...------------------------------ APPROVED
Citi Business- 0%BT, NO FEE, 15K TY points ---------------------------------------------------- DEFERRED- just called in and they say they cannot pull another report from EQ or TU... BOOOO
Amex Blue Cash- 0% pur 1 yr, 1.5% CB---------------------------------------------------- DECLINED- We have declined your application. We currently limit the number and type of American Express products we issue per person and you have met the current limit. An important notice concerning your rights is included. The creditor is American Express Centurion Bank.
TU- 5/3 business card- might be regional- 0/0 1 yr ----------------------------------------------------------------- DEFERRED- online form was submitted, but when i called to check on it no record of the app, so i applied over the phone.
TU- Bank atlantic business- juniper 0%BT 15 mo, $75 fee-------------------------------------------- 24K INSTANT APPROVAL
TU- Chase Business - 0% pur, 1% Rebate on purchases ---------------------------------------------------------------- DEFERRED- REJECT
EQ- visa plat baylor- us bank 0%BT 1 yr NO FEE IF BT WITH APP http://www.fatwallet.com/forums/finance/874344 --------------------------------------------------- DEFERRED
Citi Associated- http://www.citibank.com/us/cards/cardserv/associated/index.htm 0%BT/0 fee --------------------------------------------------- DEFERRED
citi pro 0/0 --------------------------------------------------- DEFERRED
TU- juniper i fly- barclays 0%BT 12 mo, $50 fee--------------------------------------------------- 12.5K INSTANT APPROVAL
TU- chase disney (thanks rabbit) 0%BT 1 yr, $75 fee --------------------------------------------------- DEFERRED-- approved -- 23K
EQ- http://www.usbank.com/cgi_w/cfm/creditcards/rewards/business/platinum_rewards.cfm - usbank business , 0 pur, 1% cb 6 mo.------------------------------------------ DECLINED, called to clarify business name, APPROVED - 19K
EX-BofA Plat Plus 0%BT/0fee --------------------------------------------------- DEFERRED-- just called in and they say they cannot pull another report from EQ or TU... BOOOO-- after unfrozen, 20K
EQ, TU- capital 1 business- cashback 0% pur til 12/09, 1% CB---------------------------- INSTANT APPROVAL- 5k--
TU- DISCOVER BUSINESS- 0pur til june 2009 (250 CashBack bonus when i spend 4K within first 3 months) -------------------------------------------- APPROVED- $6.5
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NEW LINES POST-AOR: so far... 110.0K
TOTAL CREDIT LINES with OLD AND NEW AOR CARDS- 208.1K My questions I am still a bit unsure about: 1-How will the inquiries affect my AOR; I have 3 or 4 on each credit report as noted above? It is not imperative that I B* right now is it? I plan on using B* after this AOR. 2-I want to prevent as much as possible any adverse reaction to this AOR. I am particularly talking about Citi and AMEX, as I have been reading some people say if too many citi apps that citi shuts down all their lines. AMEX I have read about slashing lines and cards. Do my citi and AMEX apps look ok? 2A- on my credit report, my crappy Key card with $700 limit says "key/citi" - will this count as a citi card, and if so should i cancel this account prior to AOR? Or should I just wait til after the AOR? leave as is now 3-I already have an Advanta business Card, will they let me have another card? I think I read somewhere that you can only have 1 business with Advanta; I will try to find that and update. 1 card allowed for advanta 4-I have a targeted offer for a Business Platinum Card AMEX- get $200 credit with first purchase. I am going to be traveling a lot too next year so I want this card for airport lounge access. Should I launch my AOR with a phoned in app. And then just roll along online with everything else? ok 5-I know business credit cards do not show on personal credit reports, but I think I read somewhere AMEX might look at both? Can anyone clear this up as to how AMEX works? I want to apply for as many AMEX cards as I can total --without having a problem as I have seen drastically reduced CL recently from AMEX from others posts. 6- Are there any cards business or personal that would be good additions to this? Any tips are appreciated. 7- For BofA, I just tried their pre approved offers- and NOTHING show up for me. Should I can all BA apps bc of this? no 8- I have a US bank line opened last year, do they allow for 2 accounts? yes THANKS- Hindustani AOR 1.0 & 2.0 are the two AOR I used as a model for mine. I used a few cards from his AORs and wanted to give credit where it is due. I hope someone in the future can model their AOR on mine. I also read so many others over the past few months, so much valuable info out there so thank you. -- | 
