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Frequent Contributor
JenniferinFL
Posts: 305
Registered: ‎03-16-2012

Found my Discover Card decline letter.. Question about when to reapply?

I thought they had declined me because of the bankruptcy on my record, but letter said it was because of the collection. I went ahead and called the backdoor number and someone looked at my application. I let them know that the collection was erroneous and now removed, but that of course I had a 3 year old bankruptcy on my file. Person I talked to said that at least 2 years postbankruptcy and no negatives since wouldn't be a problem and suggested that I reapply 45 days from the date of my previous application. I want to wait for my score to go past 700 before applying again, I would be applying for the Discover More student card.

 

Unfortunately they do pull TU and I have 7 inquiries on TU. Drops to 6 in August. Might be able to get one removed as mortgage company pulled my credit when we clearly told them we only wanted my husband on the mortgage.

 

I'm not worried about AAoA, I'm still over 6 years with the new accounts reporting.

So, wait for August or a whole year?


Starting Score: 615 EQ (03-15-2012) 600 TU (03-21-2012 Barclays app) USAA Fako 598 Vantage 639 (03-15-2012) Transrisk 616 (03-15-2012) Ch.7 discharged 5/2009
Current Score: 663 EQ (06-10-12) 655 TU (04-28-2012 myfico) Vantage 730 (05-15-2012) Transrisk 674 (05-15-2012)
Goal Score: 680 No more app'ing until May 12th 2013!


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Senior Contributor
john398
Posts: 3,513
Registered: ‎01-19-2009

Re: Found my Discover Card decline letter.. Question about when to reapply?

how many inquires in the last 6 months? not the 2 years it shows, i heard they like it under 2 the last 6 months

Frequent Contributor
JenniferinFL
Posts: 305
Registered: ‎03-16-2012

Re: Found my Discover Card decline letter.. Question about when to reapply?


john398 wrote:

how many inquires in the last 6 months? not the 2 years it shows, i heard they like it under 2 the last 6 months


5 in the last 6 months, 4 if I get the one I didn't agree to removed. It should be under 2 in the last 6 months around Sept 23rd.


Starting Score: 615 EQ (03-15-2012) 600 TU (03-21-2012 Barclays app) USAA Fako 598 Vantage 639 (03-15-2012) Transrisk 616 (03-15-2012) Ch.7 discharged 5/2009
Current Score: 663 EQ (06-10-12) 655 TU (04-28-2012 myfico) Vantage 730 (05-15-2012) Transrisk 674 (05-15-2012)
Goal Score: 680 No more app'ing until May 12th 2013!


Take the FICO Fitness Challenge

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

Re: Found my Discover Card decline letter.. Question about when to reapply?

I would try again in 6 months.




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