@kskajohnson wrote:I don't have a whole lot of experience in delving into various credit card apps and mailings but I am curious....as I've posted in a previous thread, I am closing on my first house next week and after I get that all taken care of, I was looking forward to closing my Capital One Secured Card that I've had for 3+ years (perfect payment history, low useage) to get my deposit back and open up HOPEFULLY an unsecured card now that I've rebuilt my credit.
I've recently been recieving mailings and today I received one from Discover with an "invitation" number and a reply by March 30th timestamp....do those mean anything or are those just standard spam type mailings? I just don't know if that means I stand a greater chance of being approved with them or what exactly it means (if anything).
Any help would be great....
Thanks!
In general, credit offers received in the mail mean that you meet certain minimum data points for that particular mailing demographic. As an example, if your neighborhood's credit profile matches some algorithm the lender has created, the lender will saturate that particular area with offers. Other times, the mailings may very well be targeted to specific individuals. Either way, it is never a guarantee of approval. The best of luck to you if you decide to apply.
I'd double check online for pre-quals from them too~
Getting the letter just means you're good credit score wise...income, inq, baddies etc come into play when you actually apply
I just realized yesterday that they (chase at least) have a disclaimer in the back stating something like you could be approved, or you could not
Getting the letter just means you're good credit score wise...income, inq, baddies etc come into play when you actually apply
I just realized yesterday that they (chase at least) have a disclaimer in the back stating something like you could be approved, or you could not
