I just can't seem to get approved for credit at discount tire. I have a median score of 730 (which is decent for a 21 yr old) and EVERYWHERE else I've ever applied, I've gotten approved with the best rates. Hell, I was approved at best buy with a $5000 limit (which I've since closed.) But for some reason Discount Tire seems to think I'm not good enough for a $1000 limit. It just pisses me off. I know GE money owns their credit, but i'm pretty sure they also own BB's. Is there another place that has more lenient credit? I need tires really soon.

 

ge money holds some of best buys older accounts, the rest are now with chase

 

Maybe your credit is not as strong as you think, otherwise you would have been approved for a larger amount.

 

I subscribe to a service that gives me a full detailed credit report every month. My credit is flawless.

 

info on this?
i want to keep my credit on the fly.

 

I use www.freescore.com

They have a free trial, but then charge per month. It's very easy to use and VERY detailed. Your credit score updates at the end of every month, and you get an email notification ANYTIME something changes on your credit (I.E. credit checks, account closures, ect.)

 

On the other end of the spectrum, I walked in with no job and got approved for $1500 on the spot. The sales guys reaction was like I had just got approved for $150,000. So maybe your right, and not that many people get approved...who knows, and who really gives a ****.

 

How bout Trying the Dave Ramsey approach

 

alot of times someone can have an awsome credit score but its whats called "new credit" Anyone who has less then five full years on loan payments that all are on time in full amonts then it could be considered "New Credit" because it shows that you might be a sketchy long term payment maker.

 

Are you talking about the Car Care One Card? I applied for it with Byunspeed back when they would do the promotional financing.

 

^^^ I agree credit may be spotless, but not enough to meet DCT requirments, my grandson had like problem with Lowes.
Johnny

 

as i understand it, your credit may be spotless but people will still reject you for most things because you dont have any sort of history with major credit transactions. for instance, making scheduled house or car payments will help you increase your credit score, whereas just paying your credit card off every month will not. its not that you have bad credit, its that you have no credit, or very little.

 

With credit cards its not always about credit score but also credit history. I know that's what screwed me on some loans a while back was that my credit score was a 783 but my history wasn't as long as they prefer. Take out a signature loan man, lower interest rates.

 

Another thing to look at is your debt to income ratio.

Do you have a lot of CC and what is the DIR? Does your freescore.com thing tell you this?

DIR = Debt to income ratio.

You can have awesome an Credit score and if your debt to income is to high they will turn you down. Thats just as bad as having an bad credit score.

 

I walked in when I was like 17 and they approved me one with like a $1500 credit ... Try to see if you can get a CC somewhere else with no annual fees etc, either your local bank which usually has the same kind of 1.99 for the first year etc or no interest for a year yada yada.

 

^^^^^Bingo!^^^^^^^^^^

 

Nah, I'm only $1000 in "debt" and make 3 times that per month. I doubt it's my DIR. It's probably that I've only had credit for just under 4 years.

 

Who applies for store credit?

You don't have a Visa, MasterCard, or American Express you can use?

 

I only have 1 actual credit card. The rest were credit accounts from conn's, best buy, frys, and guitar center. The fry's and GC accounts are still open, but I owe nothing on them. The credit card I have has a $1500 limit and owe around $1000 on it, so that won't be enough for tires.

 

Your DIR is based off your total debt not just cc debt.
House, car, bills, living expenses, child support
So would your DIR be still be the same??? You still make 3x that?
If that the case then why not just pay cash for it?
Also get rid of cards you don’t use . Have 1 or 2 you will have a better score over having 5 or 6.