@bmartinta wrote:
So I opened up an account with a local credit union here in Colorado. I knew going in that they were going to do a hard pull to open the account and they told me they could submit an application for a Credit Card under the same pull. I was denied and wasnt even offered a lower limit. My score came in at 711 through Experian. I havnt used any form of credit since I paid off my auto loan back in January 2016. The only blimish are 2 late payments from 2011 and 2014. I wanted to open up a card to get start some new credit history. I am not really upset I was denied, but I have a question about applying for another card. I was told that I was denied because 1) I was a brand new member How come they didnt tell you that? knowing you would get denied for for this reason!, and 2) I lacked sufficient history You said you havent used any type of credit since 2016, that's the reason why. I am 32 and have had 2 auto loans, and one secured card that have all been paid in full and closed. I did have some nasty stuff on there, but that has all dropped off and no longer shows up. I also have about $13k in student loans that have all been paid on time since 2012. My question is; will the denial hurt me if I apply for a more reasonable card since it was done under the hard pull for the membership? They told me that it would not show up as 2 separate hard pulls. I am wondering if I am okay to fire off another application for a different card outside of the credit union. My salary is $60k and my only payments are my rent and student loans totalling about $1,000/month. Any advice?
Thanks so much.
What are your scores for all CRAs?
I think you should be ok in the 700 range across the board. What card are you looking for? cash back? travel?
