Would you perform a credit card application shop?
Maybe some shoppers realize the "hard hit" to their credit mends itself in a matter of weeks, and it's little work, without leaving home. Some of us have no need or desire for points or rewards.
We all have our own reasons for turning down or accepting assignments.
And then there are plenty of shoppers like me who don't do these shops 'cause they already know they wouldn't qualify.
We all have our own reasons for turning down or accepting assignments.
And then there are plenty of shoppers like me who don't do these shops 'cause they already know they wouldn't qualify.
I did a shop when I actually needed a different credit card. My credit score dipped a bit for a few months, but nothing significant. The inquiry also went away. It didn't take years.
"I told myself to quit you; but I don't listen to drunks." -Chris Stapleton
I generally get 1 or 2 new credit cards per year and close out 1 or 2 that I'm not using because the benefits are not good enough. I have excellent credit because everything gets paid off every month and I hang onto my oldest card as it is an indicator of how long credit has been available. The benefits on that oldest card are slim so I use it only a couple of times a year just to keep it alive.
Indeed my credit score gets a hit of maybe 10 to 15 points with a new card, but that clears up after a few months. My short and long term financial plans do not include buying a new car or a new home, so higher interest rates or denial of credit are not concerns for me. Thus when an interesting card application shop rolls around and the price is right, I'll take it.
Indeed my credit score gets a hit of maybe 10 to 15 points with a new card, but that clears up after a few months. My short and long term financial plans do not include buying a new car or a new home, so higher interest rates or denial of credit are not concerns for me. Thus when an interesting card application shop rolls around and the price is right, I'll take it.
Thanks for the reply! So the hard hit doesn't mend in weeks. More like months.@ceasesmith wrote:
Maybe some shoppers realize the "hard hit" to their credit mends itself in a matter of weeks, and it's little work, without leaving home. Some of us have no need or desire for points or rewards.
We all have our own reasons for turning down or accepting assignments.
And then there are plenty of shoppers like me who don't do these shops 'cause they already know they wouldn't qualify.
@Flash wrote:
I generally get 1 or 2 new credit cards per year and close out 1 or 2 that I'm not using because the benefits are not good enough. I have excellent credit because everything gets paid off every month and I hang onto my oldest card as it is an indicator of how long credit has been available. The benefits on that oldest card are slim so I use it only a couple of times a year just to keep it alive.
Indeed my credit score gets a hit of maybe 10 to 15 points with a new card, but that clears up after a few months. My short and long term financial plans do not include buying a new car or a new home, so higher interest rates or denial of credit are not concerns for me. Thus when an interesting card application shop rolls around and the price is right, I'll take it.
ah perfect. thanks for the feedback! I've heard of some people opening / closing 1-2 a year for various reasons, often incentives given etc.
I also open and close a few credit cards a year and rack up lots of rewards and bonuses for doing so. My credit score in high and solid and, like Flash, I am not buying a new car or house in at least a decade, so few worries. I also keep my oldest card so the ratings show a long credit history. Heck, I also make good MS fees doing loan applications.
Based in MD, near DC
Shopping from the Carolinas to New York
Have video cam; will travel
Poor customer service? Don't get mad; get video.
Shopping from the Carolinas to New York
Have video cam; will travel
Poor customer service? Don't get mad; get video.
@walesmaven wrote:
I also open and close a few credit cards a year and rack up lots of rewards and bonuses for doing so. My credit score in high and solid and, like Flash, I am not buying a new car or house in at least a decade, so few worries. I also keep my oldest card so the ratings show a long credit history. Heck, I also make good MS fees doing loan applications.
But would you do a MS for $100 instead of cashing in on those different / numerous incentives that are out there? Or do you do both?
The last card I opened gave $300 cash back (had to spend $2000 within 90 days if I recall), 0% APR for 18 months and 1% back on purchases. I would opt to do something similar vs. wasting a credit pull for far less compensation. I'm also assuming that most people that qualify for those MS credit cards would have decent credit from the get go, giving them more options.
Edited 1 time(s). Last edit at 03/20/2022 08:37PM by jdyeah.
I do both! A credit pull is no big deal if you have good credit, only use a small percentage of your credit limits, and pay in full every month. I have not carried a cc balance in almost 20 years.
Based in MD, near DC
Shopping from the Carolinas to New York
Have video cam; will travel
Poor customer service? Don't get mad; get video.
Shopping from the Carolinas to New York
Have video cam; will travel
Poor customer service? Don't get mad; get video.
I do as both Flash and Wales have stated. If one has a significantly high score, the temporary drop, due to a hard pull, is hardly noticeable. I seem to recall my last one was 10 to 15 points and lasted a few week; the shop fee was $175. If I could locate more such work, I would be quite pleased.
I would if the pay was adequate and if I was allowed to choose a credit card that was appealing to me. I just did a credit card application shop. The pay was $125 and I applied for a card with a $200 bonus offer. I spent one hour (driving + visit + report) total on the shop.
I have excellent credit. This application has not affected my score much.
I have excellent credit. This application has not affected my score much.
I did the Target one. It was not worth it. My credit took a hit and hasn’t recovered. It was only $75 There was some back and forth, plus I had to buy stuff. So overall not a smart move. Plus getting paid in 45-60 days was even wilder. I should’ve just quit energy drinks and made $90 in that time
Curinos has Credit Card opening shops twice a year. We do both secured and non-secured cards. It is 100% online and they pay $250 if you are approved and $50 if you are denied since it is a hard a credit pull. You do have to allow us to record the process of opening the credit card. This is done via a Microsoft Teams meeting on an iPhone. Occasionally we do have desktop credit card openings as well. All the non-secured cards also offer some type of bonus and are rewards cards. Once the video is recorded we redact all personal information. If you'd like to sign up for these and other hard credit pull shops that pay from $200-$300 please go to www.sassie.curinos.com. We are always searching for new shoppers for these projects.
Briana Baca
Data Collection Manager
Curinos
Briana.Goldman@Curinos.com
“Reality is the leading cause of stress amongst those in touch with it.” —Jane Wagner
Data Collection Manager
Curinos
Briana.Goldman@Curinos.com
“Reality is the leading cause of stress amongst those in touch with it.” —Jane Wagner
I wish Curinos would open more shops to Android phone users. I do not have an iPhone and will not get one.
I saw that. What can an iPhone do that an Android can't?
"I told myself to quit you; but I don't listen to drunks." -Chris Stapleton
Bri,
The assignments you described sound a bit familiar. As I neither own nor have access to a Smartphone, if chosen for a job, would it be necessary for me to permit your company to remotely access my computer?
The assignments you described sound a bit familiar. As I neither own nor have access to a Smartphone, if chosen for a job, would it be necessary for me to permit your company to remotely access my computer?
Oh, that Target one! What a PITA. So not worth it. It's been many years but I clearly remember the MSC expecting the cashier, off the top of their head, to know the rates, fees and every disclosure point. Really? And lots of back and forth about it.
Hi Everyone!
iPhones allow screen sharing of mobile banking apps. Android's do not. I am personally a Samsung user but have to use the iPhone for work. If you try to screen share a banking app on Android you only see a black screen, so we have to use iPhones.
iPhones allow screen sharing of mobile banking apps. Android's do not. I am personally a Samsung user but have to use the iPhone for work. If you try to screen share a banking app on Android you only see a black screen, so we have to use iPhones.
Briana Baca
Data Collection Manager
Curinos
Briana.Goldman@Curinos.com
“Reality is the leading cause of stress amongst those in touch with it.” —Jane Wagner
Data Collection Manager
Curinos
Briana.Goldman@Curinos.com
“Reality is the leading cause of stress amongst those in touch with it.” —Jane Wagner
There are many credit cards with cash or points rewards for opening one online with reasonable spending requirements. I did do one in person for a $200 fee years ago thinking I would get the cc's reward in addition. Banker told me no go.
I looove credit card shops! So easy. So many wonderful cards and spending bonuses. I don't llok at my credit score closely but have excellent credit.
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