Tuesday, December 22nd, 2009 at
9:11 pm
jumperjacob asked: OK Here’s the situation…… I have a FICO score of 663 according to the purchase of my Equifax credit report on myfico.com….I own a “annual payment visa card with a limit of $750 (increased from original of $250) over the last year and a half and WalMart Credit card with a limit of about the same (increased as well)….. I want to buy an engagement ring for my girlfriend. I have $3,200 in cash and the ring I want is $4700, so I need to finance the last $1,500. My best financial choice would be to get a credit card with a 12 month 0% APR, so I can pay the $1,500 off no problem in 12 months. BUT, I don’t want to apply for some of these cards, (Most are platinum) if it will hurt my credit score if I’m rejected. Will I be accepted? My balance on the other two cards is like $100 total, I’ve paid them off consistently. (never late) but I am improving on past credit problems from like 7 years ago. . Will I get rejected for these 0% Introductory APR cards?
Tara