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New Contributor
peaceonearth
Posts: 74
Registered: ‎04-05-2013

Credit One Denial

Hello Folks,

 

I visited a website early morning today, I saw an add for prequalification from Credit One and just by curiosity; I clicked on the add and entered my personal information and got an instant denial based on the information bellow.

 

I am shocked, even if they approve me! I would not take their offer. I was approved for Barclaycard Rewards Card a Month ago and my score has improved since then, what's going on..any idea?

 

 

Your credit score: 748
Date: 01/16/2014
Scores range from a low of 350 to a high of 850

Key factors that adversely affected your credit score:

  • Delinquency reported on accounts
  • Ratio of loan balances to credit limits too high
  • Insufficient time since most recent account opened
  • Too many recent inquiries
Valued Contributor
-Wade-
Posts: 9,467
Registered: ‎08-13-2013

Re: Credit One Denial

You are better off without credit one! It's better cards out there


*** Old user name newportguy*** Current Score: myFico EQ - 806 (04/04/2014) Discover TU Fico - 803 (04/03/2014) myFico EX - 783 ( 08/13/13 ) myFico TU - 789 ( 04/09/2014 ) Amex - BCP 10 K * Discover - IT 9.5 K * U.S. Bank Cash + Visa Signature 8.8 K * PenFed - CR 5 K * Amex - GDSM 5 K ****** FICO 800 Club Member ******* EQ 806 *** Discover TU 803 *** EX ???
****** Garden Club Member ****** Last HP March 6th 2014 *** GOAL: The Diamond Spade & 830's Scores
Valued Contributor
BearsAndTurtlesRtheBest
Posts: 2,964
Registered: ‎10-02-2012

Re: Credit One Denial

+1 dont even call them hahha 

Wells Fargo Platinum VISA $1,000
Sony VISA $500
Bloomingdale's Credit Card $800
Macy's Credit Card $600
EX FICO---,EQ FICO---,TU FICO---, AAOA---, In the Garden Since 03-25-14
Established Contributor
CreditMagic7
Posts: 1,231
Registered: ‎01-04-2014

Re: Credit One Denial

No loss and in fact you're better off without them.


------------------------------------------------------------
It's All In The Magic Of Your Own Destiny
Valued Contributor
alvon123
Posts: 3,411
Registered: ‎09-24-2013

Re: Credit One Denial


Wade64 wrote:

You are better off without credit one! It's better cards out there


+1

Mouse cursor over cards to see limits
Valued Contributor
baller4life
Posts: 1,675
Registered: ‎09-13-2013

Re: Credit One Denial


CreditMagic7 wrote:
No loss and in fact you're better off without them.


+ a trillion!



GARDENING SINCE: 3/5/14 till 6/14 then 2016
AAoA: 5 yrs UTIL: 48% working on it!
MY WALLET: $3000 NFCU CASH REWARDS|$1100 FINGERHUT|$700 CHEVRON|$600 WALMART
$500 BARCLAYS REWARDS MC|$500 VICTORIA SECRET|$400 AMAZON|$300 BOA SECURED|$300 CAP 1 SECURED
ALL BUREAUS ON ICE
Valued Contributor
B335is
Posts: 2,014
Registered: ‎09-22-2012

Re: Credit One Denial

Why were you even trying for a Creditone card?
New Contributor
peaceonearth
Posts: 74
Registered: ‎04-05-2013

Re: Credit One Denial


B335is wrote:
Why were you even trying for a Creditone card?

I was reading some contents out of a website, an add popped-up on my screen asking me I want to see if I can get prequalified for one of their credit cards without getting a hard inquiry; I said why not I don't have nothing to lose.

Frequent Contributor
efranklin23
Posts: 1,461
Registered: ‎11-14-2013

Re: Credit One Denial


B335is wrote:
Why were you even trying for a Creditone card?

+1 Looking at your CS, CreditOne should be a card to avoid with a strong passion. No benefits whatsoever in your case as it's an credit rebuilder card.


$13.5K$7.5K5.5K$9K$5K500
Starting Score:621/Current Score:689/Goal Score:750
Frequent Contributor
Countingpennies
Posts: 426
Registered: ‎02-14-2013

Re: Credit One Denial

You have something to feel good about, Credit One denies most folks with really GOOD credit.


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