rightcoast wrote:Congrats on the CL! It does appear they need a lot of information. I have provided pay-stubs, W-2's, and ID for now before they have asked just to be prepared. Fingers crossed.
UPDATE:
Got a new message from a rep on CC app.[1/10/2013 11:22:53 AM EST] xxx, Alexandria:we will need you to establish membership with us
[1/10/2013 11:57:23 AM EST] Dane xxx:Yes, the membership is in process. I have provided all of the information necessary. Thank you for your response.
[1/10/2013 12:11:14 PM EST] xxx, Alexandria:thank you
Very odd
Good luck~
Jutz wrote:It's so weird how much more work you guys have had to do. Within 7 days I've had a fully open savings and checking account with funds, received a bank check for $17k for an auto loan, and am just waiting on the mail to be delivered with my VISA card.
Im in NY(mabey thats why?), and I was prepared as I read from others about the documentation requirements. I have no issue with someone who wants to verify my identilty,its good for me as well as them at the end of the day!
Same here. I'm local and all I had to do was show my license and tell them my SSN when I went into a branch. I'm wondering if it's a combination if things in the report coupled with being remote that makes them be really cautious. I went in with my SS card, birth cert, passport and last paycheck stub but didn't need any of them. Maybe I just have an honest face. 
Jutz wrote:It's so weird how much more work you guys have had to do. Within 7 days I've had a fully open savings and checking account with funds, received a bank check for $17k for an auto loan, and am just waiting on the mail to be delivered with my VISA card.
Obtaining a new SSN card was my only hiccup, and it really wasn't bad, 20 minute ride and about another 20 minute wait at the SS office. Was pleased with the CL as it got me above the 5k mark. 
Starting Score: 530 (EQ) 03-2012UPDATE:
DENIED
| Denial Reasons | Credit too new to rate. Income insufficient for amount of credit requested. Limited credit experience. |
I do not know about my membership status yet, I will update as soon I receive the info.
Amount of credit requested? I didnt even request an amt i just apped for the CC! come on man!
I tried.. back to the garden I go hopefully someone will learn from my mistakes
I suppose I could see the denial of the CC with your current scores. But I'd be surprised if they deny a membership as long as you give them the right documentation and don't have a bad Chexsystems report (I assume they check this). As for the CC, maybe you can establish an otherwise good banking relationship as a member and reapply in a few months once your numbers are up a bit. Good luck! Keep us apprised of the membership decision.
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
