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Established Contributor
Posts: 726
Registered: ‎05-12-2012
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Discover Denial Score

Ok, now I'm really weirded out.  I received the letter stating the reasons for denial from when I applied for the discover more card bout a week ago.

 

Says from Equifax

 

Type of score: FICO

Your Credit Score: 603

 

But myFICO says my EQ score is 660, how can that be.  Can anyone shed any light on this for me, any help would be appreciated.


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Frequent Contributor
Posts: 426
Registered: ‎07-21-2010
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Re: Discover Denial Score

Discover might be using a Credit Card Enhanced FICO score maybe?

 

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My favorite card right now: Barclays Arrival Plus WEMC
Frequent Contributor
Posts: 426
Registered: ‎07-21-2010
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Re: Discover Denial Score

Also, have you called their reconsideration line and talked to a credit analyst to see if they can get you approved?  You should definitely try since you already took the hard pull.  You can find the number in the Backdoor Numbers thread at the top of the Credit Cards Forum page. Good luck!

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My favorite card right now: Barclays Arrival Plus WEMC
Established Contributor
Posts: 726
Registered: ‎05-12-2012
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Re: Discover Denial Score

I suppose that's possible, are there different types of FICOS that would all come from Equifax?  Wasn't aware they offered different types of FICO, forgive my ignorance, but isn't there just one true FICO?


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Established Contributor
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Registered: ‎05-12-2012
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Re: Discover Denial Score


hedgeclipper2 wrote:

Also, have you called their reconsideration line and talked to a credit analyst to see if they can get you approved?  You should definitely try since you already took the hard pull.  You can find the number in the Backdoor Numbers thread at the top of the Credit Cards Forum page. Good luck!


Yah, actually I already did try a recon, but they would only accept with a joint applicant.  And of course we all know that's not an ideal situation, so I respectfully declined their offer.


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Frequent Contributor
Posts: 426
Registered: ‎07-21-2010
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Re: Discover Denial Score


BrokaToe wrote:

I suppose that's possible, are there different types of FICOS that would all come from Equifax?  Wasn't aware they offered different types of FICO, forgive my ignorance, but isn't there just one true FICO?


What you get here is a true FICO score, however there are many different types of FICO scores.

 

The score you see here is exactly what you would see on a mortgage inquiry score most likely.

 

There are also credit card enhanced fico scores, auto-enhanced fico scores, etc.

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My favorite card right now: Barclays Arrival Plus WEMC
Frequent Contributor
Posts: 426
Registered: ‎07-21-2010
0

Re: Discover Denial Score


BrokaToe wrote:

hedgeclipper2 wrote:

Also, have you called their reconsideration line and talked to a credit analyst to see if they can get you approved?  You should definitely try since you already took the hard pull.  You can find the number in the Backdoor Numbers thread at the top of the Credit Cards Forum page. Good luck!


Yah, actually I already did try a recon, but they would only accept with a joint applicant.  And of course we all know that's not an ideal situation, so I respectfully declined their offer.


Do you have relatively new credit?

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My favorite card right now: Barclays Arrival Plus WEMC
Established Contributor
Posts: 726
Registered: ‎05-12-2012
0

Re: Discover Denial Score


hedgeclipper2 wrote:

BrokaToe wrote:

I suppose that's possible, are there different types of FICOS that would all come from Equifax?  Wasn't aware they offered different types of FICO, forgive my ignorance, but isn't there just one true FICO?


What you get here is a true FICO score, however there are many different types of FICO scores.

 

The score you see here is exactly what you would see on a mortgage inquiry score most likely.

 

There are also credit card enhanced fico scores, auto-enhanced fico scores, etc.


Very good info to be aware of, preciate the feedback


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Contributor
Posts: 100
Registered: ‎02-13-2012
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Re: Discover Denial Score

Yeah Discover uses a FIdifferent FICO score. I think it said Beacon V5 or something like that when they mailed me my credit score. My FICO EQ showed 641 and their system showed 660. It was weird.

Barclaycard Apple Financing (2100), Discover More (2500), US Bank Visa Platinum (2000), CFNA (2200), Chase Freedom (500), Capital One (1500), HSBC Platinum Master Card (750), Nebraska Furniture Mart (1000)
Frequent Contributor
Posts: 426
Registered: ‎07-21-2010
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Re: Discover Denial Score

Sometimes its almost like they just pick a number and mail it to you.  Their scores have never matched any other scores I have gotten.

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My favorite card right now: Barclays Arrival Plus WEMC
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