Discover IT question

[kalani91]

I recently got denied 3 weeks ago for the Discover IT card. My equifax score is bad 602, and 85% utilization. They just sent me a mail invitation to apply for their card, should I just let it be since I was just recently denied?

[09Lexie]

Welcome to the forum!

Sorry about your denial. Discover, like most lenders have a moratorium on submitting subsequent apps. Discover's is 30 days. However, in your case based on your util, it will result in another denial.

Once you get your util down below 20%, your CS should increase.

[kalani91]

thanks! sorry for the noob question. 

[09Lexie]

You're welcome! Don't be sorry...we are here to help!

[NewtoCredit80]

Discover would keep sending you the invite. Resist them till you get your util below 30% and ideally you should keep it below 10%.

[lithium78]

Discover approved me when I got my EQ score up to 650 and util % down below 10%.  I wouldn't reapply until you can get stuff into that range just to be safe.  Also, you should take a look at whogavemecredit.com to see the credit scores of people who were approved in your area

[chnceit]

Welcome to the forums and sorry for your denial. Like others stated get your overall utilization down. Banks dont like to see high usage at all.

Here is a link for Discovers card finder

https://www.discovercard.com/cardmembersvcs/acqs/app/chooseMyOffer/findMyOffer?beyond=it&beyond=true...