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Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012
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Re: Discover CC

Can you have baddies with the more as long as the fico is in the 640ish?

Super Contributor
CS800
Posts: 6,551
Registered: ‎04-07-2008
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Re: Discover CC


Revelate wrote:

CS800 wrote:

'Easiest' card probably the IT

 

I'm in Massachusetts and they only pull EQ.


I think the More card is still easier than IT?  More has fees, IT doesn't in comparison, and generally that leads to tighter underwriting standards for the IT in this case?

 

Not sure if there's really enough new approval data on the IT as of yet to really see where the underwriting bar is set at, but the More is historically one year revolving history and a 640ish FICO for ballpark guidelines.

 


You know, thanks for bringing this up. You're right, the More is actually the 'easiest'. The IT is still not in their card lineup if one goes to 'browse for all Discover cards'

You have to do a search to find the app link for the IT. I wonder what the reasoning for that is.




Super Contributor
CS800
Posts: 6,551
Registered: ‎04-07-2008
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Re: Discover CC


Credit314 wrote:

Can you have baddies with the more as long as the fico is in the 640ish?


Like any credit card it's a YMMV situation if you get to do a recon. Depends on the age of the baddies and thier severities. Lates, charge offs, judgements etc.




Moderator
Revelate
Posts: 9,549
Registered: ‎12-30-2011
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Re: Discover CC


Credit314 wrote:

Can you have baddies with the more as long as the fico is in the 640ish?


Historically yes, my albatross (non-trivial Fed tax lien) was on my record when they sent me a pre-approval back in 2010 or thereabouts.

 

Other people have reported similar, Discover I think can afford to be a little more generous when it comes to underwriting criteria since they backend the card with their own transactional network and also the more people which have the cards, the more likely merchants will be to pick them up.  My theories anyway on their typical stance.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


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Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012
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Re: Discover CC

Thanks for all the info everyone

Moderator
Revelate
Posts: 9,549
Registered: ‎12-30-2011
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Re: Discover CC

[ Edited ]

CS800 wrote:

You know, thanks for bringing this up. You're right, the More is actually the 'easiest'. The IT is still not in their card lineup if one goes to 'browse for all Discover cards'

You have to do a search to find the app link for the IT. I wonder what the reasoning for that is.


Probably fishing for something, marketing trial or some such, much like Amex did with the Zync.  It has to be intentional as that'd be such an easy thing to see by any QA / website / product team with a pulse :smileyhappy:.

 

Actually what has their marketing strategy been on this?  Haven't seen radio / TV commercials for it and haven't stumbled across any reference to it other than here and similar credit card forums, though admittedly I don't watch a lot of TV nor listen to the radio much.

 

Pretty much the complete opposite to the Chase Liquid campaign which I keep seeing all over the place even with my limited pop culture habits.

 

 

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


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Established Contributor
sccredit
Posts: 969
Registered: ‎09-14-2012
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Re: Discover CC

They pulled EQ on mine, I am in CA.

Never take credit personally

Unsecured Credit: Amex BCP $24,900; Chase Sapphire Preferred $24,200; Discover It $12,500; Chase Ink Cash $15,000; Chase Slate $13,500; Citi TYP $12,900; Amex SPG Biz $3,000; DCU Visa $10,000; Logix FCU $15,000; Citi Home Depot $8,800; Lowes $5,000; Care Credit $6,000; Penfed Platinum Sig $16,000; Barclay Arrival Plus WEMC $5,000; Bank of America World Points Business Visa $8,000; US Bank PLOC Overdraft $1,500; US Bank Edge Rewards Business $10,000; PenFed PLOC $5,000

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
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Re: Discover CC

EQ in MD. They may pull 2 if your file is borderline.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
New Contributor
ntx
Posts: 66
Registered: ‎08-02-2012
0

Re: Discover CC

I'm in TX, they pulled EQ for me.

 

Had BK7 from 2005, no other baddies since, but thin file.

 

Approved on recon for $1,200 in Aug 2012, EQ 657.

 

Regular Contributor
Dishpro
Posts: 116
Registered: ‎06-10-2012
0

Re: Discover CC

For me last Sunday night they pulled EQ (724FICO) & EX (741PLUS). It was an instant approval. I live in NM. Good luck!
 

Starting Score:
585
Current Score: FICO TU 725 FICO EQ 735 EX 754
Goal Score: 850


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