The Shopping Card Trick
Acquiring New Credit with no Hard Inquiry
In virtually all circumstances receiving a new credit line
comes along with a hard credit inquiry, which remains on your
credit report(s) for 2 full years. Each inquiry can drop your
credit score by a few points or more! There are a few creditors
that do what is called a soft inquiry and offer a credit card if
your credit profile meets their minimum standards. A soft inquiry
does not affect your credit score and is only seen by you, the
Although this can be a welcomed way of gaining credit while
rebuilding, one should be very careful not to accept any and
every offer as too many retail accounts can be perceived as a
negative indicator by other credit issuers. Additionally, many
consumers who run across this "Shopping Cart Trick" accept every
offer they receive they wind up with too many overall new
accounts which also dings one's "Average Age of Accounts".
Generally speaking, these accounts come with low limits which can
also hurt your credit score (ie a $80 balance on a $200 credit
line is 40% in utilization). Credit seeker, beware! Only seek and
accept offers that you can truly use! A relatively safe option is
to accept no more than 3 of the store cards. For credit purposes
accepting the cards with the co-branding is thought to be better
than a non co-branded card.
Instructions for receiving pop-up pre-approvals:
Step 1: Be sure you are "Opted In"
Step 2. Turn off any Pop-Up Blockers.
Step 3. Chose the store(s) from which you would like to acquire credit. View List Here.
Step 4. Register for an account with the store's website.
Step 5. Shop for item(s) of interest and add them to your shopping cart.
Step 6. Click to Check Out.
Step 7. Enter your correct billing and shipping information.
Step 8. Continue to payment page.
Step 9. Wait a moment for a pop up.
Step 10. If you receive the pop-up or embedded message, Congratulations! You got
an inquiry free pre-approval. To accept the offer simply click to accept and follow
the instructions given. You can use your new credit line to purchase the item(s) in your
If the shopping cart trick doesn't work for you click here to learn possible reasons and how to increase your chances
of receiving pre-approval pop ups via the Shopping Cart Trick.