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Valued Contributor
bs6054
Posts: 1,673
Registered: ‎11-11-2012

Credit Score reporting

Going through some of my credit card stuff today.  I know that if you are denied the (non)-lender has to give information about what led to the denial, including CRA and the negative factors and maybe a score.    Is this optional if you are approved?  With my card, Barclays listed my credit score from TU along with major reasons impacting score.  I can't find any such thing from Fidelity and PenFed.   Any idea why one lender will do this and others not?

Thanks

Valued Contributor
SnackTrader
Posts: 1,563
Registered: ‎09-15-2012

Re: Credit Score reporting

Sometimes it is also due to not getting the "best" terms of the card.  So if you don't get, for example, a 17.99% APR, and instead get a 22.99% APR, they give you your credit score.


In My Wallet: Amex BCP (12/12) $22.200, Chase CSP (4/14) $12,000, Barclaycard Arrival (5/13) $10,500, Citi Forward (12/12) $9,600, Cap1 Cash Rewards (6/12) $9,000, Chase Freedom (12/12) $5,000

Last App: April 2, 2014
Valued Contributor
beb86
Posts: 1,117
Registered: ‎10-31-2011

Re: Credit Score reporting


SnackTrader wrote:

Sometimes it is also due to not getting the "best" terms of the card.  So if you don't get, for example, a 17.99% APR, and instead get a 22.99% APR, they give you your credit score.


+1 the can still give you a score if approved. If you are denied or not approved at the best term like the post above states the have to issue the factors and a "credit score" that was used in their decision.....9/10 its not a FICO

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Valued Contributor
bs6054
Posts: 1,673
Registered: ‎11-11-2012

Re: Credit Score reporting


SnackTrader wrote:

Sometimes it is also due to not getting the "best" terms of the card.  So if you don't get, for example, a 17.99% APR, and instead get a 22.99% APR, they give you your credit score.


Oh OK, might well be something like that.  (It was 0% for 15 months, and then 17.99%) but a very small CL.   Will probably close it as soon as my Cash Plus card arrives.


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