10-27-2013 12:01 PM
My brother applied for a BofA card and was given the 30 day message. I know that's usualy doom and gloom (though in my experience I've only ever gotten the 7-10 day message.) Anyway, I was wondering after talking to him if it simply happened because It was a Sunday. I know most recon places are closed on Sundays, but not sure if that was relevant. I konw nothing about BofA or the 30 day message so I can't provide much guidance, but was just curious about the weekend thing.
10-27-2013 12:05 PM - edited 10-27-2013 12:31 PM
10-27-2013 12:14 PM
Thats a great question.... I've often pondered it myself as I have only ever been given the wretched 7-10day message on a Sunday. As a rule I won't app again on a Sunday, soley because waiting another day for recon or verifification can be quite painful. Good luck to DB!
10-27-2013 12:15 PM
Yes, cc's are approved on Sundays, holidays after hours etc. the 30 day message can be a verification check or requires further processing. Have you DB called tomorrow if they are closed today.
Gotcha...thanks for the info!
In your experience, is the 30-day message any different than the 7-10 message? Or do different banks just do different things and the days are arbitrary. I know when I got my first Chase and Citi card, I had to recon with both after getting the 7-10 message.
10-27-2013 12:21 PM
10-27-2013 12:30 PM
Of course they are, it's just a credit check done by a computer. They don't get weekends off.
Exactly. The "conveyor belt" of credit applications is a 24/7 process unless the system is unavailable due to system maintenance or you're dealing with a smaller community bank or certain CUs in which case the application is simply in queue for manual review on the next business day.
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.