Reply
Frequent Contributor
Posts: 463
Registered: ‎11-28-2012
0

Fraud Alert Shopping Trick Question

Anyone happen to know if the fraud alert on my CR will prevent the Shopping cart trick from happening? I think it will but I am curious if anyone with experience has an answer?

Start: Nov'12 EQ 699/EX 685/TU 696 / Current: April''14 EQ 715/EX 709/TU 709 * Goal 750+


Valued Contributor
Posts: 2,371
Registered: ‎03-15-2012
0

Re: Fraud Alert Shopping Trick Question

Computer generated inquires/analysis are usually 99.9% rejected automatically after softing.
Valued Contributor
Posts: 1,597
Registered: ‎09-15-2012
0

Re: Fraud Alert Shopping Trick Question


Burned2manybridgesB4 wrote:
Computer generated inquires/analysis are usually 99.9% rejected automatically after softing.

What does that even mean?

 

Could you explain with different wording please?


In My Wallet: Amex BCP (12/12) $32,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Forward (12/12) $9,600

Last App: April 2, 2014
Frequent Contributor
Posts: 463
Registered: ‎11-28-2012
0

Re: Fraud Alert Shopping Trick Question


SnackTrader wrote:

Burned2manybridgesB4 wrote:
Computer generated inquires/analysis are usually 99.9% rejected automatically after softing.

What does that even mean?

 

Could you explain with different wording please?


yes, this please

Start: Nov'12 EQ 699/EX 685/TU 696 / Current: April''14 EQ 715/EX 709/TU 709 * Goal 750+


Valued Contributor
Posts: 1,947
Registered: ‎03-30-2012
0

Re: Fraud Alert Shopping Trick Question

I think the short answer is basically no...ha.

Scores 1/12/2014: TU FICO: 660 | EQ FICO: 665 | EX AMEX FICO: TBD

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | BarclayCard Rewards Average: $2000 | Travelocity Rewards AMEX: $1050 | Discover IT: $2500 | Amazon Rewards Visa: $1500 | Chase Freedom: $1500 | Sportsman's Guide Visa: $3000 | Capital One QuicksilverOne MasterCard: $1600 | Target: $700 | J.Crew $9950
Contributor
Posts: 98
Registered: ‎04-13-2012
0

Re: Fraud Alert Shopping Trick Question

No, it shouldn't -- Unlike a freeze, a fraud alert doesn't prevent creditors from performing hard or soft pulls.

 

It is highly unlikely that a soft pull on your credit report which would otherwise result in a preapproval offer would be automatically filtered due to the alert. At best, they would contact you to verify your request for a card after the application was already submitted.

.ılılıll | CK/TU FAKO [770] // CS/EX FAKO [789] // QZ/EX FAKO [724] // EX FICO [763] | llılılı.
Chase Hyatt [$9K] // AMEX SimplyCash [$8K] // Chase Freedom [$7K] // PenFed Platinum Rewards [$6.5K] // AMEX Clear [$6K] //
Citi Forward [$6K] // BoA Privileges Cash [$5K] // Discover it [$3.5K] // Citi ThankYou Preferred [$2.2K] //
Valued Contributor
Posts: 1,128
Registered: ‎10-15-2011
0

Re: Fraud Alert Shopping Trick Question


QAMngrGirl wrote:

Anyone happen to know if the fraud alert on my CR will prevent the Shopping cart trick from happening? I think it will but I am curious if anyone with experience has an answer?


I think the shopping cart trick works if you already have another account with them!  They match your name and address with what they already have on file. 

 

You mean the aspect of going to Gap online and buying something and being offered a Gap card, right?  (If not Gap, fill in name of other store.)  From what I have read it is usually posted by people who already have accounts with the same company.  (I don't remember if it is GE or Comenity, but I do remember that all posts that I have read about it were from customers of the bank already.)

 

I here it works for Comenity if you enroll in the MyPoints program and you already have a credit card with them.  It hasn't happened with me yet, but I just signed up for MyPoints with them.  I did read for that, that it takes some time.  It might actually take making a purchase through the site, which I have yet to do.



Rethink every purchase you make, before you make it. Use the card with the best rewards. Pay in full each month. Redeem rewards often. Use the cards online shopping for more discounts. Smile, knowing that being thrifty allows you to actually get more out of the same amount of money!
Moderator
Posts: 27,206
Registered: ‎09-13-2012
0

Re: Fraud Alert Shopping Trick Question


bernhardtra wrote:

QAMngrGirl wrote:

Anyone happen to know if the fraud alert on my CR will prevent the Shopping cart trick from happening? I think it will but I am curious if anyone with experience has an answer?


I think the shopping cart trick works if you already have another account with them!  They match your name and address with what they already have on file. 

 

You mean the aspect of going to Gap online and buying something and being offered a Gap card, right?  (If not Gap, fill in name of other store.)  From what I have read it is usually posted by people who already have accounts with the same company.  (I don't remember if it is GE or Comenity, but I do remember that all posts that I have read about it were from customers of the bank already.)

 

I here it works for Comenity if you enroll in the MyPoints program and you already have a credit card with them.  It hasn't happened with me yet, but I just signed up for MyPoints with them.  I did read for that, that it takes some time.  It might actually take making a purchase through the site, which I have yet to do.


I just did it with VS I have no accounts with Comenity or WFNB.  I tried with some of the other stores (Abercrombie and Express) the same night and no joy. So, I have no idea how it works. Maybe that's why it's called a trick! :smileyvery-happy:

Valued Contributor
Posts: 1,128
Registered: ‎10-15-2011
0

Re: Fraud Alert Shopping Trick Question

Hmm, that's interesting.  Well I guess they have another way of doing it.  I just always assumed if you weren't a customer then you would simply have to apply normally.



Rethink every purchase you make, before you make it. Use the card with the best rewards. Pay in full each month. Redeem rewards often. Use the cards online shopping for more discounts. Smile, knowing that being thrifty allows you to actually get more out of the same amount of money!
Valued Contributor
Posts: 1,947
Registered: ‎03-30-2012
0

Re: Fraud Alert Shopping Trick Question


bernhardtra wrote:

QAMngrGirl wrote:

Anyone happen to know if the fraud alert on my CR will prevent the Shopping cart trick from happening? I think it will but I am curious if anyone with experience has an answer?


I think the shopping cart trick works if you already have another account with them!  They match your name and address with what they already have on file. 

 

You mean the aspect of going to Gap online and buying something and being offered a Gap card, right?  (If not Gap, fill in name of other store.)  From what I have read it is usually posted by people who already have accounts with the same company.  (I don't remember if it is GE or Comenity, but I do remember that all posts that I have read about it were from customers of the bank already.)

 

I here it works for Comenity if you enroll in the MyPoints program and you already have a credit card with them.  It hasn't happened with me yet, but I just signed up for MyPoints with them.  I did read for that, that it takes some time.  It might actually take making a purchase through the site, which I have yet to do.


I don't know...I got my Express pre-approval when having no other accounts with WFNNB...You DO have to create an "account" with the merchant, where it matches up your info. You'd definitely have to do that first.

 

It does seem like once you have an account with WFNNB, they will pre-approve you all over the place. That happened with me...I picked up $2K worth of credit with them in less than a month.

Scores 1/12/2014: TU FICO: 660 | EQ FICO: 665 | EX AMEX FICO: TBD

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | BarclayCard Rewards Average: $2000 | Travelocity Rewards AMEX: $1050 | Discover IT: $2500 | Amazon Rewards Visa: $1500 | Chase Freedom: $1500 | Sportsman's Guide Visa: $3000 | Capital One QuicksilverOne MasterCard: $1600 | Target: $700 | J.Crew $9950
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.