07-22-2009 08:38 AM
I decided to go for the CC today. I found the nerve to say to the 1st person that answered the phone,"hi,I'm calling to apply for the plat rewards card,and per my conversation with a rep the other day(didn't want to name drop unless necessary,may get someone in trouble),my initial credit report from when I applied for membership would suffice". If you have to pull another bureau,I don't want to apply.
He said yes sir,that is correct.......... As long as it has not been 30 days since you opened your membership I can use the previous report. If you hold just a moment. After what seemed like 2 hours,but actually was more like 3 mins,he said............ I can approve you for a $5000 rewards card right now if you like. I LIKE!!! In case you are wondering,it was NOT Nick(LOL)
Are you being required to supply any supporting documentation?
07-22-2009 07:12 PM
07-22-2009 07:24 PM
If I were you I would check my cr very carefully, I was told the same thing then asked to hold while he submits it to the underwriter, after about 5 mins he came back and said I was approved for a 5k unsecured loan I asked what my score was and he said somewhere between 640-660 I found that strange because when I did my original app for the savings account 1 week earlier it was 680 I inquired about this and he stated it had something to do with the way they score. I pulled my cr today and quess what another inq on the same day he put me on hold. I am pissed and I will be disputing the second inq because we had that conversation seconds before he pulled another report without my permission. I have to say this leaves a bad taste in my mouth about Alliant.
Dispute is not the proper way to remove an INQ. Read back a few posts for further information.
07-22-2009 07:52 PM
When I say dispute, I'm refering to disputing it with Alliant to have it removed. I did this with Walmart and they removed the 2nd inq, however it resulted in a fraud alert on my cr.
How did that happen? That's not right either. They should not be using that as a methodology for removing an INQ.
07-22-2009 07:56 PM
07-23-2009 08:21 AM
I was so excited,I had not looked at a recent cr. Checked this morning,only activity from Alliant was original inq dated 07/05/09. I guess I dodged that bullet. By all the posts I was reading here and elsewhere I was getting antsy.
I don't know if they record conversations or not,but I did state IF A 2nd INQ WOULD BE RUN I DO NOT WANT TO APPLY
07-23-2009 07:15 PM
Johnnybear, that is good news but keep checking for a while mine showed up a couple of days later. I did speak with the LO today and informed him that I was not pleased with his dishonesty and I was very dissapointed that Alliant would allow such practices. He stated that he did it by accident because when he submitted my app for the loan he forgot to click on the drop box that asked him if he wanted to use an existing report or run a new one. I don't know if I entirely believe him because he said I shouldn't worryabout it because it would only drop my score by 1 point. I told him the point was that he wad dishonest and I want the inq removed. He informed me that it couldn't be done. I told him it could then he informed me that he didn't know how. I told him that when I originally put in the app my score was 680 and I want the loan based off of that score and asked him the difference in the percentage rate. He said it would drop from 14.99% to 13.6% and cost me about $5 less a month I told him to pull that report and base it off of that or I don't want the loan. He said he would try to find it and get back with me. Sorry for the long post but I felt consumer need to be aware. If anyone knows how he can get that inq removed please let me know I told him I would research it and get back to him. So here's researching.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.