@FinStar wrote:
@skigirl916 wrote:
@Firehorse wrote:I'm not sure what they are doing over there. After I was denied I decided to turn around and app for a Chase Freedom and Discover and was instantly approved for both.
When I got my denial letter it said my score was 749 out of a possible 320 to 844 scale. WTH is that? Not FICO that's for sure. And BTW... WISH I was 749... wow.
It's probably your tax lien.
Yes, more than likely.
Could be as an excuse. BofA ignored it when giving me a 10X CLI from $500 to $5k and a PC to Signature. And my regular CU ignored it giving me instant approval for a 5K Visa. After talking to several analysts on recon, only one mentioned it but said it had NO bearing on their decision to grant a CLI.
Damn thing should have been withdrawn. The state calculated my 1099s twice and I've been fighting it ever since. It's really old and drops off 08/2015 now. Frustrating. 
Before derogs made sense because I had 5 COs but I got all of them removed. Pretty sure being SELF-EMPLOYED had a lot of negative weight for them.
NASA is the only one that has denied me for an app. LOL.
Kinda digressed there. Sorry. LOL.
Anyway main point in my comment was the scoring system was odd. 320 - 844? Must be internal scoring.
@Firehorse wrote:
@FinStar wrote:
@skigirl916 wrote:
@Firehorse wrote:I'm not sure what they are doing over there. After I was denied I decided to turn around and app for a Chase Freedom and Discover and was instantly approved for both.
When I got my denial letter it said my score was 749 out of a possible 320 to 844 scale. WTH is that? Not FICO that's for sure. And BTW... WISH I was 749... wow.
It's probably your tax lien.
Yes, more than likely.
Could be as an excuse. BofA ignored it when giving me a 10X CLI from $500 to $5k and a PC to Signature. And my regular CU ignored it giving me instant approval for a 5K Visa. After talking to several analysts on recon, only one mentioned it but said it had NO bearing on their decision to grant a CLI.
Damn thing should have been withdrawn. The state calculated my 1099s twice and I've been fighting it ever since. It's really old and drops off 08/2015 now. Frustrating.
Before derogs made sense because I had 5 COs but I got all of them removed. Pretty sure being SELF-EMPLOYED had a lot of negative weight for them.
NASA is the only one that has denied me for an app. LOL.
Kinda digressed there. Sorry. LOL.
Anyway main point in my comment was the scoring system was odd. 320 - 844? Must be internal scoring.
Nope, no excuse. BofA is not your CU and your CU is not Barclays and the same goes for neither of them having the same U/W criteria as NASA FCU. Whatever U/W policies and thresholds they have is the method in which your application is reviewed and considered. Every lender is different and not subject to the same policies. It's easier to view it from the outside since no one knows their exact U/W criteria and we're only seeing some things that are reported on the surface when folks apply.
And yes, the score range they provided is related to internal scoring.
@FinStar wrote:
@Firehorse wrote:
@FinStar wrote:
@skigirl916 wrote:
@Firehorse wrote:I'm not sure what they are doing over there. After I was denied I decided to turn around and app for a Chase Freedom and Discover and was instantly approved for both.
When I got my denial letter it said my score was 749 out of a possible 320 to 844 scale. WTH is that? Not FICO that's for sure. And BTW... WISH I was 749... wow.
It's probably your tax lien.
Yes, more than likely.
Could be as an excuse. BofA ignored it when giving me a 10X CLI from $500 to $5k and a PC to Signature. And my regular CU ignored it giving me instant approval for a 5K Visa. After talking to several analysts on recon, only one mentioned it but said it had NO bearing on their decision to grant a CLI.
Damn thing should have been withdrawn. The state calculated my 1099s twice and I've been fighting it ever since. It's really old and drops off 08/2015 now. Frustrating.
Before derogs made sense because I had 5 COs but I got all of them removed. Pretty sure being SELF-EMPLOYED had a lot of negative weight for them.
NASA is the only one that has denied me for an app. LOL.
Kinda digressed there. Sorry. LOL.
Anyway main point in my comment was the scoring system was odd. 320 - 844? Must be internal scoring.
Nope, no excuse. BofA is not your CU and your CU is not Barclays and the same goes for neither of them having the same U/W criteria as NASA FCU. Whatever U/W policies and thresholds they have is the method in which your application is reviewed and considered. Every lender is different and not subject to the same policies. It's easier to view it from the outside since no one knows their exact U/W criteria and we're only seeing some things that are reported on the surface when folks apply.
And yes, the score range they provided is related to internal scoring.
Let me have my rant. 