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Contributor
rkb84
Posts: 80
Registered: ‎09-28-2012
0

App spree fail after signing on new home

[ Edited ]

Well I worked on my credit for a while, though I got a good but accomplished. Was able to close on my house on the 31st, and decided I should be good to get a few cards now finally to build up. Scores at time of apps

 

EX: 679

TU:670

EQ:657

 

First, Walmart.. apped in store and it said I had to call to complete app, I called to verify and they said declined with no reason, I would get a letter in 7-10.

 

Cap 1 Cash Rewards- 7-10 message, called and they asked some questions and asked I fax a copy of ID and a bill with address.

 

Then for the hell of it, I went for a Chase Freedom since with all these inquiries it will be over a year until I can get a new card anyways.. Said additional processing needed so I called backdoor #, they said it was declinced due to recent paid collection but I could get another manual review if I removed an Equifax security alert. I did that and called back, they requested the same info as Cap 1 and I faxed that, still wating on something.

 

I figured I was at the point where I coould at least get the Walmart and Cap 1, curretly I have a Cap 1 secured, am an Joint Cardmember on a Chase Slate, also have good years worth of on time payment on a car loan, and student loan. Kind off disappointed I guess I will need to wait a good bit for all the inquiries to drop first.

 

 

 

Established Contributor
jcstarkey8826
Posts: 708
Registered: ‎06-01-2012
0

Re: App spree fail after signing on new home

Im also surprised you didnt get the wal mart card. I was at 674 when I got my card and it was an instant approval. I also got my freedom the same day so hopefully that will pull through for you!

In my wallet: GCU Patinum Visa 1500 CL, Charter One Platinum Rewards 500 CL, Chase Freedom 800 CL, Wal Mart Discover Card 6300 CL, Kay Jewelers 3000 CL
Contributor
rkb84
Posts: 80
Registered: ‎09-28-2012
0

Re: App spree fail after signing on new home

I know I am pretty bummed I was waiting all this time to get a few cards to do it right this time, plus I wanted to go get some furniture financed and am afraid it won't go through.

Established Contributor
rtw
Posts: 797
Registered: ‎05-01-2012
0

Re: App spree fail after signing on new home

Hope it works out with Chase.


Starting Score: EX: 575 (PSECU 5/2/12) TU: 582 (3/6/12) EQ: 664 (4/27/12)
Current Score: EX: 699 (PSECU 06/04/14) 702 (my FICO 08/05/14) TU: 699 (08/01/14) EQ: 675 (07/08/14)
Goal Score: 720
20K PSECU 7/12 | 12K USAA 9/12 | 11K BOA 1-2-3 9/12 | 9K Citi HHonors 9/12 | 8.5K Citi AAdvantage 5/08 | 5K Chase Sapphire Pref. 9/12 | 3.8K Barclays USAir 7/12 | 6K Walmart Dis. 11/12 | 1K Amex SPG 11/12 | 2K Amex BCP 1/13
Moderator Emeritus
webhopper
Posts: 7,225
Registered: ‎09-16-2011
0

Re: App spree fail after signing on new home

[ Edited ]

rkb84 wrote:

Well I worked on my credit for a while, though I got a good but accomplished. Was able to close on my house on the 31st, and decided I should be good to get a few cards now finally to build up. Scores at time of apps

 

EX: 679

TU:670

EQ:657

 

First, Walmart.. apped in store and it said I had to call to complete app, I called to verify and they said declined with no reason, I would get a letter in 7-10.

 

Cap 1 Cash Rewards- 7-10 message, called and they asked some questions and asked I fax a copy of ID and a bill with address.

 

Then for the hell of it, I went for a Chase Freedom since with all these inquiries it will be over a year until I can get a new card anyways.. Said additional processing needed so I called backdoor #, they said it was declinced due to recent paid collection but I could get another manual review if I removed an Equifax security alert. I did that and called back, they requested the same info as Cap 1 and I faxed that, still wating on something.

 

I figured I was at the point where I coould at least get the Walmart and Cap 1, curretly I have a Cap 1 secured, am an Joint Cardmember on a Chase Slate, also have good years worth of on time payment on a car loan, and student loan. Kind off disappointed I guess I will need to wait a good bit for all the inquiries to drop first.

 

 

 


Sounds like you were approved for Freedom and for the Cap 1 card...

Congrats!    They wouldn't be having you fax stuff in without it being an approval... otherwise why bother right?

 

I was asked to fax a utility bill and my ID to Chase when I got the Chase Amazon card last year.


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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Contributor
rkb84
Posts: 80
Registered: ‎09-28-2012
0

Re: App spree fail after signing on new home

Yeah they actually did ask for a utility bill and ID, that's good to hear hopefully you are right! Should I call and follow up and let them know I faxed it?

 

Moderator Emeritus
webhopper
Posts: 7,225
Registered: ‎09-16-2011
0

Re: App spree fail after signing on new home


rkb84 wrote:

Yeah they actually did ask for a utility bill and ID, that's good to hear hopefully you are right! Should I call and follow up and let them know I faxed it?

 


my advice would be to give it like 3 days...  It is very slow for them to get things off the fax machine...   After the 3rd day you can call and ask about the status of your application


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
Contributor
rkb84
Posts: 80
Registered: ‎09-28-2012
0

Re: App spree fail after signing on new home

Thanks for the advice I will try that

Valued Member
GangnamFICO
Posts: 87
Registered: ‎11-28-2012
0

Re: App spree fail after signing on new home

A bit of a coin flip with those scores but I think your rational for the timing and your execution is sound.  Good luck, time will be on your side.

Walmart TU Score 740
Chase Freedom($5000); CitiThankYou Preferred($5000); GEWM Discover($3500); Walmart Store($1300); AMEX Gold; AMEX BCE($6000); GE Discount Tire($1500); Mor Furniture ($4700);Cap1($750)
Valued Member
natashahol
Posts: 41
Registered: ‎03-22-2012
0

Re: App spree fail after signing on new home

I had just closed on my house when I applied for Chase so my address was not verifiable. Chase asked for either a utility bill or copy of DL. It took forever for them to get it and update it.  I'll blame it on the holidays and possibly user error.  But once they received it I was approved. The first copy of my DL was not readable. Make sure when you fax the DL that you use a zoom option on your copier to make the license as big as possible  so that that the image and words are legible. Also if you have a special option to fax photos use it.  I think they got tired of me because I stalked the back door number.  It was worth it in the end though Don't be afraid to call, but do give it about three days first.. Good luck!



Starting Score:FICO EQ 620 TU Fako 595 EX FAKO 628
Current Score: Lender Pull 10/2012 EX 719, EQ 704, TU 690

BOA $8500 I CitiForward $6500 I Chase Freedom $3000 I Discover More $1500 I Kohls $1000 I Orchard Bank $400
App free since 12/8/2012.. holding out til 11/2013

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