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Valued Contributor
Posts: 1,673
Registered: ‎11-11-2012
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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
Posts: 1,603
Registered: ‎09-15-2012
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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) $32,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Forward (12/12) $9,600, Citi Thank You Premier (6/15) $6,800

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Valued Contributor
Posts: 1,115
Registered: ‎10-31-2011
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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
Posts: 1,673
Registered: ‎11-11-2012
0

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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