09-11-2009 11:35 AM - edited 09-11-2009 12:57 PM
FYI to all needing CareCredit.
My EQ FICO is 665. I have 2 CA's, 1 old & paid. 1 old in dispute. I also have 5 Public Record Federal Tax liens, unpaid and unresolved (long story).
My only positive TL's are 2 AU accounts for BoA. One is $12,000 CL with $5200 balance. The other is $10,000 BoA with $0 balance. Both are 3.5 years old, no lates, perfect history.
Anyway, having some tooth pain & problems. I went to the dentist and needed a lot of work. So my son, being concerned, helped me apply for CareCredit (not as co-signer) with $5,500 as my initial estimated purchase amount.
I did not get instant approval, got the "needs to be reviewed" message. Of course I figured this was code word for "denied" but we'll make you wait for it.
About 45 minutes later I got a CSR call who asked me a whole bunch of personal identity questions like, "which addresses do I know or have association" and also asked me "do you know the following person" and then would ask me what their approximate age or the month they were born, etc. These were family members, 2 kids and 1 daughter inlaw.
Anyway, after about 10 minutes (the CSR had a heavy foreign accent so it was very difficult for me to understand at times), she finally said, "congratulations, you have been approved for a new account with an available credit limit of $5,500."
Well, I found out from the dentist that the work is more extensive than originally anticipated. So my son told me we should ask for a CLI. So this morning I called in and explained that I needed $1500 more credit and that the dentist had agreed to 24 months no interest. I was transferred to a credit analyst.
After about 3-4 minutes the credit analyst said, Mr. OnTheRoad, I have adjusted your credit limit to $7,000. Is there anything else I can assist you with?"
Nope...thanks alot. So now I get to get all my work done, interest free for 24 months.
So I would say CareCredit is in the mood to lend again.
Hope this helps someone else like me
09-11-2009 12:55 PM
I applied online.
But I did apply under the Dentist ID. I did the search on carecredit.com till I found their office, then I clicked APPLY from the dentist listing.
09-13-2009 02:21 PM
I recently obtained a new CareCredit account. They gave me $12k initially, then I asked for CLI the next day and got $14k.
And now that they offer up to 24 month no interest plans, this account has come in handy. DW had some major dental that we were happy to do interest free.
For those who can't get CareCredit, they can try ChaseHealthAvance.com as an alternative.
09-14-2009 10:39 AM
Yeah, I just ask them to increase my limit by $4K, and approved instantly.
09-15-2009 06:34 PM
09-16-2009 07:24 AM
My younger brother (senior in college) was approved $5200 CareCredit yesterday for dental work.
He was also approved for $5000 with Chase Health Advance (he applied both, since CareCredit wasn't an instant approve. They called and asked ID verify questions after he applied online).
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO