12-23-2012 01:20 PM
I'm not sure if anyone here as dealt with the same experiences Ill dealing wth now. I applied for the Best buy credit cadr online back in October and received a message online saying to call Best Buys credit department for further verification. I called right away and spoke to a rep and he said that my application was gonna be approved but since there's a fraud alert and they needed to verify my phone number, they couldn,t approve it at this time! So i called Equifax that same night and updated my contact info and ask them why was there a fraud alert put on my credit file since I nevered authorize it. I'm thinking when I signed up for the Equifax membership subscription, they automatically placed it on my report. So I asked Equifax and said they nevered placed it on my credit file which I think they did cause I nevered authorized it. Anyways Best Buy credit rep either I can have the fraud alert removed and re-apply again (which is another HP) as soon as fraud alert is removed or apply in store with ID. They failed to tell me that I would have to wait 90 days before re-applying again. I tried calling Best Buy today again and talked to a supervisor to take a look at my application and tried to hae her use the same application# and update my info but no luck!! She said I was on my way of being approved but because of that fraud alert, it was denied!! She said there's nothing she can do for me but to wait 90 days and re-apply again or go to the store with ID. I really don't ant to have a HP again besides after I have the fraud alert removed and re-apply again, I'm not sure I'll get the same result and they'll deny for something else. Has anyone had the same issues?? Thank you for any help.
12-23-2012 01:35 PM
It happened to me. I need to call them to verify ID. I had to answer L/N question and I was able to answer all of them. It was BB store card, CompUSA and Costco store card.
12-23-2012 01:44 PM
I answered all the questions but the problem was that when you have a fraud alert on your credit file, they have to verify with ID. So I'm going to re-apply once my 90 days is up. Thanks.
12-23-2012 02:08 PM
A 90 day or 7 year fraud alert? Either way a phone number should be attached and thus all they need to do is call you to verify. No need to show ID or apply in person.
12-23-2012 02:23 PM
It's a 7yr fraud alert, the problem was Equifax didn't have my updated contact info, so that same night when talked to the Best Buy rep. I called Equifax and updated my contact info and they said it will be updated within 24hrs. So I guess they couldn't contact me if they wanted to. I already sent out a letter to Equifax to remove the fraud alert. Fraud alert is standing between me and the Best Buy card! The worst part of all is that I never placed the fraud alert, I guess Equifax did when I signed uo for the membership. Don't know what to do now but to wait for the fraud alert to be removed and re-apply. My contact info is updated now. Thanks
12-24-2012 01:34 PM - edited 12-24-2012 01:34 PM
EQ automatically adds a 7 year fraud alert without any contact info anytime you file a dispute where you say you don't recognize the account and the results are verified. You can update the phone number online but to remove it, you need to fax in two forms of ID and a signed letter requesting it. Good luck on your approval, update the thread
12-29-2012 09:49 AM
12-29-2012 11:07 AM
I think you misunderstood me about the fraud alert...sorry about that but the frausd alert put in place by Equifax. What heppen was that I disputed a collection account on file that I wasn't aware of with Exp.. So Exp. delete but notified Eq. to let them know so that's why they place a fraud alert on my file.
12-29-2012 12:04 PM
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.