Jump to content

Okay so how good does your credit need to be to get a Lowe's card


Recommended Posts

  • Replies 54
  • Created
  • Last Reply

Top Posters In This Topic

no mags citi doesn't hate you, it is your bad karma lol, u say u hate citi but you really mean, you LOVE citi right? Then a card with come!!!!!!!! Yea, they are right on it, CITI lol!

That's what my father says, minus the whole karma thing. "It's not personal, Maggie." Sigh, but I get tired. I screwed Chase years ago, was behind for $4500, which I eventually paid off. They gave me a card. I settled with Crap One for less than full value. They won't remove the charge off from my CRs, but they gave me a credit card. I don't get why Citi with whom I have no negative experience still keeps denying me credit.

Link to comment
Share on other sites

To update:

I just got an e-mail from GE Money Bank for Lowe's. They turned me down.

The given reasons:

Deliquency adverse public record or collection

Number of recently open revolving accounts

Too few accounts currently paid as agreed

The only comment I agree with is the second one. Yep, I have a few newly opened accounts.

Number one I don't understand at all. This is EQ the only negative I have is a 4 year old repo. Are they considering that a delinquency? It's not either a collection account or a public record.

And number three as me pissed off. The I only have a couple old current accounts still showing on EQ and they all say "Pays as agreed" with no lates or any thing. All of my recent opened accounts say "Pays as agreed" though they don't have much history. Is that what's hurting me? Are they not counting them as paid as agreed until they get a couple months history behind them?

Either way I think I'm going to send a reconsider letter.

Link to comment
Share on other sites

Lowe's is GEMB and HomeDepot is Citibank. I carry both. They both approved me in July 2007, but both have $725 limits.

Both had previously denied me due to my BK7 in late 2004.

I had posted this before, but for some reason, I have had better luck applying in the store with an actual purchase in hand.

At Lowe's I bought a lawnmower and applied for the instant 10% off. The lady at the customer service countered phoned it in. At HomeDepot, I bought a refrigerator and the delivery service. The customer service rep phoned in my application as well.

Both of my card limits that they set were very close to the amount of the purchase I made, which makes me think they favored the approval so I'd make the purchase. And I can't prove this, but my theory is that they are more lenient IN STORE because they know you are actually purchasing items, and not just lowering the quality of their credit pool (that they sell into the secondary market).

Next time around, try walking in and applying. Maybe that will tip the scales in your favor.

Link to comment
Share on other sites

Lowe's is GEMB and HomeDepot is Citibank. I carry both. They both approved me in July 2007, but both have $725 limits.

Both had previously denied me due to my BK7 in late 2004.

I had posted this before, but for some reason, I have had better luck applying in the store with an actual purchase in hand.

At Lowe's I bought a lawnmower and applied for the instant 10% off. The lady at the customer service countered phoned it in. At HomeDepot, I bought a refrigerator and the delivery service. The customer service rep phoned in my application as well.

Both of my card limits that they set were very close to the amount of the purchase I made, which makes me think they favored the approval so I'd make the purchase. And I can't prove this, but my theory is that they are more lenient IN STORE because they know you are actually purchasing items, and not just lowering the quality of their credit pool (that they sell into the secondary market).

Next time around, try walking in and applying. Maybe that will tip the scales in your favor.

Quite possibly true. I know things were done like this in the past.

Link to comment
Share on other sites

Lowe's is GEMB and HomeDepot is Citibank. I carry both. They both approved me in July 2007, but both have $725 limits.

Both had previously denied me due to my BK7 in late 2004.

I had posted this before, but for some reason, I have had better luck applying in the store with an actual purchase in hand.

At Lowe's I bought a lawnmower and applied for the instant 10% off. The lady at the customer service countered phoned it in. At HomeDepot, I bought a refrigerator and the delivery service. The customer service rep phoned in my application as well.

Both of my card limits that they set were very close to the amount of the purchase I made, which makes me think they favored the approval so I'd make the purchase. And I can't prove this, but my theory is that they are more lenient IN STORE because they know you are actually purchasing items, and not just lowering the quality of their credit pool (that they sell into the secondary market).

Next time around, try walking in and applying. Maybe that will tip the scales in your favor.

I'll do that. The man and I are still waiting for things to clear up to go house shopping. I was just anticipating and trying to set up the accounts now. Since Sears kicked me to the curb I thought about Lowe's and Home Depot. Home Depot hasn't said no yet. I'm still hoping.

BTW, Raymour and Flanigan approved me for credit and last night when I came home my DF is telling me that the local R & F called and said, "Come on in!" Guess they must be desperate for customers after Xmas.

Link to comment
Share on other sites

Raymour and Flanigan approved me for credit and last night...
The credit game is one huge crap shoot. R&F denied me, even with a $3500 purchase. My girlfriend (my wife now) had to open the card. They gave her $9000. :oops:

Congratulations!!!!

Link to comment
Share on other sites

I'll do that. The man and I are still waiting for things to clear up to go house shopping. I was just anticipating and trying to set up the accounts now. Since Sears kicked me to the curb I thought about Lowe's and Home Depot. Home Depot hasn't said no yet. I'm still hoping.

BTW, Raymour and Flanigan approved me for credit and last night when I came home my DF is telling me that the local R & F called and said, "Come on in!" Guess they must be desperate for customers after Xmas.

YEah, you are furniture shopping as well. Pick out some nice things.

Link to comment
Share on other sites

The credit game is one huge crap shoot. R&F denied me, even with a $3500 purchase. My girlfriend (my wife now) had to open the card. They gave her $9000. :oops:

Congratulations!!!!

Tell me about it. I just got approved for Circuit City (not the Visa, grumble, grumble), but a $1000 credit limit. But Wally world gives me $300 and Tarjay gives me $200. I really think this credit approval thing is a disease for me.

Link to comment
Share on other sites

YEah, you are furniture shopping as well. Pick out some nice things.

I'm not really, we have no room. We're living in a one bedroom apartment with his stuff and my stuff crowding things up. On top of that, the man has a storage unit full of stuff from his house. We'll probably have a massive yard sale when we finally get into a house and then we'll shop. I wonder if R & F will keep my approval open for a while??

Link to comment
Share on other sites

I looked into that. I also looked into credit at the Dump. I was sorely tempted to try for approval. Gosh, I'm complusive.

I was on Ashley's website as well as XO Furniture and saw no credit approval process on the site. What is "the dump?" As bad as the name sounds, it might be up my alley if the furniture isn't very cheap looking...

Link to comment
Share on other sites

What is "the dump?" As bad as the name sounds, it might be up my alley if the furniture isn't very cheap looking...
The Dump is just that. All of the clearance and overstock items end up in this enormous warehosue store. 99% of it is totally ugly and unwanted (this why it has been dumped), but every now and then you can find a decent piece if you dig.
Link to comment
Share on other sites

I was on Ashley's website as well as XO Furniture and saw no credit approval process on the site. What is "the dump?" As bad as the name sounds, it might be up my alley if the furniture isn't very cheap looking...

The furniture is not cheap looking, it's overstock name brand warehouses and stores. I've liked the furniture I've seen there. Like JQ says it's sometimes not very pretty stuff, hence, maybe why it didn't sell at full price, but you can find really good furniture at excellent prices. It know there's one in Turnersville NJ. The ads around here always say, "At Langhorne, Turnersville and Oaks". I'm assuming that Turnersville is in South Jersey somewhere in commuting distance of Philly. They're only open Friday, Saturday and Sunday.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.