topic Re: Applied Two GE Cards... Wal-Mart & Amazon in Credit Cards

Applied Two GE Cards... Wal-Mart & Amazon

YoungMoney06 — Tue, 27 Nov 2012 15:05:04 GMT

I just recently applied for two GE cards, Wal-Mart and Amazon, seeing as how I shop those the most often and would utilize those quite a bit, AND RESPONSIBLY, but was given the dreaded 7-10 day notice. I haven't checked my score recently, but am believed to be sitting at about a 642, but is there any way I could speed up the process. The hardest part is the waiting game, and I'm eager to grow my credit, so having these 2 additional cards would really help me, but am trying to be patient on whether I was approved or denied.

Any advice on how I could find out sooner, or must I be patient? :)

Re: Applied Two GE Cards... Wal-Mart & Amazon

TrishN — Tue, 27 Nov 2012 15:09:36 GMT

Call back door number. Search for back door number, you'll see it

Re: Applied Two GE Cards... Wal-Mart & Amazon

tinuviel — Tue, 27 Nov 2012 15:13:25 GMT

TrishN wrote:
Call back door number. Search for back door number, you'll see it

Agreed. When I got the 7-10 day message for my Dillard's card, I was sure that it meant that I had been turned down. Instead, they simply wanted to confirm my identity and I was approved. I would recommend that the OP give them a call and find out.

Re: Applied Two GE Cards... Wal-Mart & Amazon

Jutz — Tue, 27 Nov 2012 15:19:35 GMT

GE has been doing the ID verification a lot lately, I keep seeing that for everyone's approvals.

Re: Applied Two GE Cards... Wal-Mart & Amazon

YoungMoney06 — Tue, 27 Nov 2012 16:00:19 GMT

Should I call Wal-Mart underwriting, or Wal-Mart Personal Accounts? And for Amazon, GEMB backdoor number in the backdoor thread would work fine, correct?

Re: Applied Two GE Cards... Wal-Mart & Amazon

Jutz — Tue, 27 Nov 2012 16:05:49 GMT

I think in your situation Personal Accounts is fine. If you needed to recon UW would be better.

I think...

Most importantly, report back with results :)

Re: Applied Two GE Cards... Wal-Mart & Amazon

nicholasyud — Tue, 27 Nov 2012 16:26:40 GMT

Most of the time they just need to verify information....

Re: Applied Two GE Cards... Wal-Mart & Amazon

Epcot — Tue, 27 Nov 2012 19:27:36 GMT

Happened to me when I used my walmart pre-approval a couple weeks ago. Just answered three ID questions and was approved! Call in! :)

Re: Applied Two GE Cards... Wal-Mart & Amazon

Repo-ed — Tue, 27 Nov 2012 19:34:40 GMT

your good!

Re: Applied Two GE Cards... Wal-Mart & Amazon

YoungMoney06 — Tue, 27 Nov 2012 20:08:00 GMT

Speechless right now. Just called Wal Mart and was flat out told by an Indian woman in "customer relations" that because the system denied me, I would receive a denial letter with a reason in 7-10 business days. So I don't know but it's seeming that all ambition was lost by that rejection. Should I have done something different?? Not even sure if I want to check with Amazon now, a waste of to HPs for no reason.

Re: Applied Two GE Cards... Wal-Mart & Amazon

YoungMoney06 — Tue, 27 Nov 2012 20:57:56 GMT

Anyone have tips on what I may have did wrong, or did I do everything right and just should accept the "denial" because the system says so?

Re: Applied Two GE Cards... Wal-Mart & Amazon

Burned2manybridgesB4 — Tue, 27 Nov 2012 21:09:45 GMT

Any current revolving cards on your reports, that show more than a few months payment history?

Re: Applied Two GE Cards... Wal-Mart & Amazon

YoungMoney06 — Tue, 27 Nov 2012 21:19:25 GMT

Unfortunately not, I do have a new Wells Fargo College Student credit card that just reported this month, however, I've only had it for about a month now. :smileysad:

Re: Applied Two GE Cards... Wal-Mart & Amazon

Burned2manybridgesB4 — Tue, 27 Nov 2012 21:21:53 GMT

GEMB is weird. They love you out of the app gate, or treat you like a red headed step child. Try again after four months of current card usage.

Re: Applied Two GE Cards... Wal-Mart & Amazon

YoungMoney06 — Tue, 27 Nov 2012 21:24:42 GMT

I see that...they just drop kicked me in my throat. And what sucks even more is that now I got two hard pulls with no benefit from it. Friggin' terrible, now I have a total of 6 inquiries and will have to get those two HP'd again in four months. Thanks...

Re: Applied Two GE Cards... Wal-Mart & Amazon

Croselx — Tue, 27 Nov 2012 21:24:58 GMT

I recently went on an app spree for 4 cards (walmart, sears, home depot, amazon visa) and got 2 approved instantly (sears and walmart) and the other 2 (amazon visa and home depot) 'denied' (more like on hold until I verified some information through the phone or mail/fax. I immedately called HD and they told me to wait for the letter (not sure if it is necessary as they should have your info through your SSN#, name, address, etc.) I called after receiving the letter and verified information and was approved.

I believe my problem was that I had a 'thin' file. I only had 2 CCs at the time and one installment loan that was fairly recent. You may be on the same boat and only need to confirm identity information.

You can either: 1) wait for the letter and proceed from there depending on the reason they denied you or 2) call to verify status and if told that it is denied then try for a recon. If you can't get the cards then verify what is wrong with your credit, fix it and try again once the inquiries fall off.

Re: Applied Two GE Cards... Wal-Mart & Amazon

Jutz — Tue, 27 Nov 2012 21:47:11 GMT

Call underwriting and ask for a reconsideration. Should be a soft pull still. It sucks to hear no, and this still may not work, but it definitely won't work if you don't try

Re: Applied Two GE Cards... Wal-Mart & Amazon

YoungMoney06 — Tue, 27 Nov 2012 22:17:35 GMT

The inquiries will not fall off for two years. Must I really wait that long?

Re: Applied Two GE Cards... Wal-Mart & Amazon

YoungMoney06 — Tue, 27 Nov 2012 22:34:26 GMT

Another one bites the dust... Amazon, DENIED! Wow, what a rough 24 hours. Guess I let my approval of one credit card go to my head and will be gardening to avoid from excessive inquiries, just to be denied. Neither was able to tell me why I was denied, but that the letter would come in the mail 7-10 days.

Thanks for everyone's help anyway, and Amazon's denial came from the underwriters.

Re: Applied Two GE Cards... Wal-Mart & Amazon

Croselx — Tue, 27 Nov 2012 22:44:18 GMT

Inquiries completely 'fall off' in 2 years, but they are not counted for FICO after 1 year. You don't have to wait for the whole 1 year if you don't have many inquiries, but patience is the key to success when dealing with credit. I did try for new credit 6 months after a denial, but had only 1 recent inquiry because the older inquiries had reached the 1 year mark.

Edit: I also used my available cards (2) with the intent of getting new credit soon. I kept util at 10% or less and kept alternating between cards as I wanted the CCC to see usage so I could get CLIs and never missed payments.