FatWallet

I'm sorry to be the one to tell you that you'll have little to no chance of getting any of those accounts approved. She has no revolving debt experience, and all you did was kill her credit with a slew of inquiries. Start out small then work your way up.

jfarinha said:I got instant approvals for 10,400.00 with Bof Platinum rewards,
and 1000.00 sony chase card.
I can get rid of all the inquiries within 2 mos. not a problem.
her true fico score seemed pretty good.

ficos not everything. 16mos experience will scare alot away. helps that you put HHI down for a 19 year old... If you ever get FR'd say goodbye to that card.

[edit to add 1 more thing]
you can get rid of the TU and EQ inquires yes, not experian. better hope no one touches EXP in the coming months.

jfarinha,

Can you clean your post up some? Very difficult to read.

Who were the issuers of the two AU cards?

Why did you AOR for your 19 yo daughter instead of yourself? I hope she consented to this.

c

Well, I hope the interest you make from the BTs is more than the $100-$200 you have to pay to get rid of the inquiries. Doesn't seem worth it for me just because of the amount of work vs. amount of reward ratio.

How can you be making $140k and have $500 subprime CC accounts, especially if you have been CMO for 3 years? Or was it your daughter that just used your income as HHI and AU on two cards?

So, just to make sure I'm clear:

The applicant for the loan is actually your daughter. But the HHI is reported as the high number because it is yours, correct?

I am very interest to see the full results from the AOR. I would expect a lot of declinations due to limited credit history. However, I would also expect a few very nice credit lines due to the high household income. In other words, I'd expect results all over the dang place.

And assuming that you have larger and older credit lines, then you definitely would have gotten better results by making your daughter AU on some of the best accounts, and letting those cards report, before starting the AOR. Oh well, no big deal.

I hope she doesn't go crazy spending on the new cards.

Experian keeps telling me that inquiries cannot be disputed. I've been thinking about serving them a nice invitation to a nearby courthouse. Perhaps I'll send the dispute CMRRR and see what happens.

Might sue them anyway just for fun (ask for class action status) because I have close to a dozen phone recordings of EX employees telling me they do not investigate inquiries.