Credit Card Center Advertiser Disclosure†
04-13-2013 09:09 AM
04-13-2013 09:12 AM
Hello fellow lurkers, I've searched but haven't found any posts that confirm if anyone has success wi Wells Fargo recons. I'm a current PMA account holder with many accounts and took the plunge by applying online last night. I got the 7-10 day decision email but when I called the application status number, it said that my app was declined. I kicked myself for clicking submit!
First thing this morning, I called and spoke to a representative to ask for a recon and she reviewed a couple of things. after a few minutes, she offered to re-route my application to someone else and that I would find out the decision within 3 business days.
I was hopeful that WF considers banking relationships but maybe this was false hope (I mean, they are a big bank!). I'm ready to pull all my accounts over to my new CU account if they flat out decline me without edification and or a counter-offer.
Did anyone go through this and if so, what was your outcome
Good luck to you!! The fact that the CSR moved the app along for futher review means she's confident of an approval.
I would think they consider banking relationships, but its been proven in the past here that even having a boatload of $$$ in the bank doesn't mean CC approval. Its very much YMMV.
04-13-2013 09:23 AM
04-17-2013 05:59 PM
04-18-2013 03:47 AM
there've been people who recon'ed successfully. try calling and requesting to talk to an underwriter directly.
they do seem to care about banking relationship. when I asked for a CLI sometime last year I jokingly said they should give me a big CLI for having a checking and savings account with them for the past 8 years. The supervisor/manager was able to tell me what my average daily balance has been for my checking and savings after putting me on hold for a while. I was surprised because I didn't see that coming since most banks separate both divisions.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.