03-28-2011 07:03 AM
Ok, so I applied for this card over the weekend and I got denied for these reasons: NUMBER OF TRADES;LENGTH OF TIME REVOLVING ACCOUNTS HAVE BEEN ESTABLISHED.
How are they on recon? Is it even worth trying for? My backgroud is, AU on a WFCC for 7 years at a 8500 line, my own WFCC just opened this month with a 7000 line, and a Walmart card opened for about a year with a 675 line I think. No lates or anything negative on my file. My LOC was opened with WF this past December and I just paid it down to 4000 from 8500.
03-28-2011 07:09 AM
Consider yourself fortunate. You wouldn't have wanted that card after seeing the limit. I applied with excellent credit and got a limit of $750. The rewards aren't good for anything unless you're in the market for a new GM vehicle in a few years. The amount of reward money a person accumulate isn't much. I closed my GM account last year..
03-28-2011 07:58 AM
I am a GM person so I would be in the market for one of their cars soon. Oh well, not worth calling them about it I guess.
Most of my accounts are within the past year. I have 3 CC and 1 Revolving LOC. Not much I know...but WF approved me and they are very strict. I know this because I work for them.
03-28-2011 08:20 AM
the op stated that the first card wasnt his own he was an AU on it. He just recently opened his own tradelines late last year, that is the reason why they said time accounts have been established they probably want to see at least a year or so on each line that he opened in his own name
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