@mattmyFIC0 wrote:
@12njoy wrote:I got locked out of my account and had to call Alliant. the rep said I see that you have a promotion on your account for a visa. I explained that I already applied. I asked if they use the same HP within 30 days and she said yes. I was just denied on 7/11/16 so very likely that this will be denied. She said this is a preapproval based off a SP but she couldn't tell me when the SP was done. She said, as we all know, once you apply then they review your full credit file. She emailed the loan officer to let him know that I have an existing HP that is good for another week. She said these are targeted offers based on the SP that you meet/met certain criteria at that time. Worse case scenario I'm denied and no new HP.
Maybe you can request a new HP if you feel your current report warrants it?
A new HP wouldn't help. I maybe have 6 new HP's on EQ and debt decreased about $1,500 with another new cc reporting (zero balance). I don't see a new HP being fruitful which likely leads to a denial. I really think it's the available credit that has them weary. The rep tried to convince me to take out a personal loan, a secured loan, and even an auto refinance. They are obviously trying to increase their customer base. She even sent me an email requesting that I let her know if the cc doesnt work out so I can pursue other credit options with them. I'm thinking the whole time, why would I need any type of loan as she's going on about an emergency and ensuring that I have funds to cover such emergencies.
(Formerly known as: Credit is my hobby (1.7M)/TCL objective)Dear Applicant:
Hello, this is Scott, your loan consultant from Alliant Credit Union. I received your application and thank you for applying. Unfortunately, we were unable to approve your credit card request at this time. You will receive a letter within 7 to 10 business days regarding the denial reasons which includes the opportunity to receive a free credit report. Let me know if you have any questions.
I was denied recently. It wasn't for available credit. I was given a BS reason of current obligations to income malarkey. The loan officer obviously didn't look at everything including the bank accounts I have with them. EQ is a 740 with no baddies reporting. I love when loan officers think they know what I can afford, but have ZERO clue. Lol
Luckily I had called and cancelled the app several hours before he even pulled my CR. I made them take off the HP, which they did and changed it to a SP.
Luckily I had called and cancelled the app several hours before he even pulled my CR. I made them take off the HP, which they did and changed it to a SP.
Geez. So now we know the "Offers" aren't guaranteed. Sorry 12. 
@baller4life wrote:
Geez. So now we know the "Offers" aren't guaranteed. Sorry 12.
No problem. This is what I suspected might happen, but it was a new HP.
@12njoy wrote:
@baller4life wrote:
Geez. So now we know the "Offers" aren't guaranteed. Sorry 12.No problem. This is what I suspected might happen, but it was a new HP.
Dang, they send us these emails and apparently they aren't really of any use. I'm glad I didn't pull the trigger on mine. I've had enough issues with Golden1 lately. I think I may just avoid these "smaller" CUs for the time being.