08-17-2011 11:45 PM
Hmm, so most people here got approved for the card with the 5-7 days message? My GF applied for the student card last night and got the same 5-7 days message, but she doesn't have any credit history at all, she tried to apply to her favorite store, Target, the other day and got denied. She too was given the option to register for online access. Maybe it might be good news for her then?
08-18-2011 07:44 AM
08-18-2011 08:22 AM
08-18-2011 08:53 AM
What happens is that your application is placed in a queue. When a credit analyst gets a hold of it, they call you to verify information. They will call you within 2-3 days. Just answer truthfully, and pass their ID verification and they will approve you. That is what happened to me.
I apped on the 14th, Sunday, and I received a phone call on the evening of the 16th. The lady I spoke with explained that they manually go through the apps to process them. She finally got around to mine, and said she was calling me so she could process it. I told her everything she needed to know, and I got a $3000 CL. Actually, she asked me, "Do you think $3000 will fit your needs?" As if I could have asked for more. But, I didn't want to push it, or get another HP.
For those who want to know, I am in TX and they pulled TU. They pulled EQ during the app processing over the phone. Hope that helps. I guess the moral of the story is, if you get the 5-7 day message, it's not a bad thing, just be expecting a phone call soon. Also, it seems as if you are asked to start setting up your account in the meantime, that is a good sign. (That's what happened to me.)
08-18-2011 12:21 PM
I guess it was good news afterall. She texted me this morning saying she received a call from Discover and they told her to mail in a copy of her school schedule, drivers license and social. I don't like the social bit, though. She said the woman she spoke told her they approved her for $750, not too shabby for her first card, I think at least. lol
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.