Re: DISCOVER IT -- NO CREDIT?

JamesKnox · ‎09-09-2013

Quick question,

Would it be possible to get approved for Discover IT with NO CREDIT HISTORY. Like no positive or negative history.

Or does Discover require that you have an estabished history?

Starting Score: (FICO)(August 29, 2013) 502(EQ) 568(EX) 549(TU)
Current Score: (FICO) (January 28, 2017) 712(EQ) 720(EX) 720(TU)
Goal Score: 720(EQ) 720(EX) 720(TU)
Amex Business Platinum NPSL | Chase Sapphire Preferred $15,000 | Chase Freedom $9000 | Amex ED $1,000 | BofACash Rewards $3100 | Amazon Store Card $4000

CashOnDelivery · ‎09-09-2013

I haven't heard of that happening. My wife needed a co-applicant because she had no revolving accounts 2 years ago. I couldn't do it because my credit was really bad at the time. Anyways, maybe there is someone out there that has an experience to share regarding your situation.

2010: 475 EQ 2011: 503 EQ 2012: 600 EQ2013:632 EQ
Starting Score: 634 EQ-3/13/13
Current Score: 706 EQ-8/29/13 703 EX-7/12/13 705 TU-8/9/13
Goal Score: 700
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-Wade- · ‎09-09-2013

@JamesKnox wrote:
Quick question,

Would it be possible to get approved for Discover IT with NO CREDIT HISTORY. Like no positive or negative history.
Or does Discover require that you have an estabished history?

You need to have estabished credit history!!! Also if you have no credit history then you won't have a credit score ( need 6 months of history in order to get a credit score)

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******

GlocksAndCredit · ‎09-09-2013

@JamesKnox wrote:
Quick question,

Would it be possible to get approved for Discover IT with NO CREDIT HISTORY. Like no positive or negative history.
Or does Discover require that you have an estabished history?

If ur a Student you can. That's how I FIRST Established credit. Thanks Discover!!!!

CSP $9500, CapitalOne VentureOne Sig Visa $8000 Chase Freedom Sig Visa $5000, Citi ThankYou Preferred Sig Visa $5000, Amazon Store Card $5000, Discover IT $4800, CapitalOne Quick Silver MasterCard $4000, Fidelity AMEX $4000, Sallie Mae Mastercard $3300, Hilton Honors Sig Visa $3300, Citi Double Cash $2700, SunTrust Cash Rewards $2500, Citi Simplicity Visa $2300, AMEX BCE $2000, AMEX Everyday $2000, AMEX Delta SkyMiles $2000, Amazon Reward Visa $1800, BP VIsa $1800, Barclays Apple Visa $1700, Suncoast FCU $1000, Target REDCard $900

Current Scores: EQ 727 (Fico), EX 735 (Fico) **In the Garden unti....forever.

SnackTrader · ‎09-09-2013

This is my only personal experience with this situation:

http://ficoforums.myfico.com/t5/Credit-Cards/The-Hits-Continue-with-Discover/m-p/2363331

As always, YMMV.

In My Wallet: Amex BCP (12/12) $50,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Prestige (4/16) $30,000

Last App: June 27, 2015

Jungook · ‎09-09-2013

My friend recently got her student Discover IT and she has never had any previous loans, secured CCs, or AUs. She is a freshman in college this year, so her student loans are very very recent.

DISCOVER IT -- NO CREDIT?

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DISCOVER IT -- NO CREDIT?