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Established Member
Cokeguy88
Posts: 18
Registered: ‎02-12-2014
0

Denied credit card

Hi to all MyFico members

 

recently i applied to the Teamsters  credit card and got denied . In the email they send me they state my equifax score is 618 but i checked my fico equifax score today and it is 702.. now i applied for the card on 2/15/14 and checked my fico score today on 2/22/14 could a couple of days really increase my total score like that ? I just paid a $423 balance on a $1000 CL

$3,000$4,000 $3,500 $1,000 $1,700 $1,300 $3,000 My Fico scores EX674,EQ702,TU729
Regular Contributor
antdave93
Posts: 171
Registered: ‎03-27-2013
0

Re: Denied credit card

Did you any alerts stating the reason(s)for the increase?

Valued Contributor
gdale6
Posts: 9,614
Registered: ‎12-13-2013
0

Re: Denied credit card

Unless that CC balance has updated at the CRA it would not make a difference, its probably due to a difference in FICO Models being used to generate the score, its also possible the score you were given with the decline is an internal model and not a FICO at all, if it doesnt say FICO its not a FICO.

EX Cred Ses 12/14: 796 ; EX Fico 04 V2 06/14: 775; EX Fico 08 07/14 778 ; EX Fico 08 BC 12/14: 858
EQ Fico 05/14 781 ; EQ MPM 12/14: 750
TU Fico 8 12/14: 719; TU MPM 06/14 706
Community Leader
Mega Contributor
coldnmn
Posts: 15,853
Registered: ‎08-08-2011
0

Re: Denied credit card

[ Edited ]

gdale6 wrote:

Unless that CC balance has updated at the CRA it would not make a difference, its probably due to a difference in FICO Models being used to generate the score, its also possible the score you were given with the decline is an internal model and not a FICO at all, if it doesnt say FICO its not a FICO.


+1 Welcome to the forum!

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