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Frequent Contributor
Posts: 408
Registered: ‎03-16-2012
0

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?

Current Cards: Cap 1 Journey $3000, Cap 1 Playstation $2250, WFNNB Store Cards $2450 combined, Target $700, CareCredit $1700, Barclay Rewards Plat. Mastercard $1800, Old Navy $300, DCU Platinum Rewards Visa $2000, Swagbucks Rewards Visa $1000

Starting Score: 615 EQ (03-15-2012) 600 TU (03-21-2012 Barclays app) ) Ch.7 discharged 5/2009

Current Score: 671 EQ (09-27-2014 DCU) 660 TU (9/26/14 Barclays) Ex 688 (10/07/2014 Swagbucks)

Gardening since 9/22/2014


Senior Contributor
Posts: 3,528
Registered: ‎01-19-2009
0

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
Posts: 408
Registered: ‎03-16-2012
0

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.

Current Cards: Cap 1 Journey $3000, Cap 1 Playstation $2250, WFNNB Store Cards $2450 combined, Target $700, CareCredit $1700, Barclay Rewards Plat. Mastercard $1800, Old Navy $300, DCU Platinum Rewards Visa $2000, Swagbucks Rewards Visa $1000

Starting Score: 615 EQ (03-15-2012) 600 TU (03-21-2012 Barclays app) ) Ch.7 discharged 5/2009

Current Score: 671 EQ (09-27-2014 DCU) 660 TU (9/26/14 Barclays) Ex 688 (10/07/2014 Swagbucks)

Gardening since 9/22/2014


Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

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

I would try again in 6 months.




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
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