Reply
Frequent Contributor
azsassycat
Posts: 250
Registered: ‎09-18-2007

Hooter's Denial

I applied for a Hooter's Credit Card and was denied.
 
The reason for denial was "Recent Mortgage" - this was the only reason listed on the denial letter so I guess this is what did me in.
 
Does anyone know how long you have to wait before a mortgage is no longer new?  Six months, a year?
 
Here are the specifics for my TU credit report when I applied for the Hooter's card:
 
My TU score was about 608
 
Collections - only one - Portfolio (i hate these people) which will fall of in 12/08 (eight months!!!)
 
Inquiries - ten - 8 mortgage, 1 NCO, & 1 cap one
 
Credit Cards - Target since 07/07 - good standing, JCP since 05/04 - good standing, HSBC since 04/07 - good standing
 
Hope this helps someone either get the card or save an inquiry if you have a recent mortgage.
 
Cathleen
 
 
10/22/07 (FICO) EQ 544 EX 520 TU 518
03/04/08 (FICO) EQ 606 EX 599 TU 601
04/24/08 (FICO) EQ 600 EX 580 TU 608
Established Contributor
Jesedmotherof5
Posts: 537
Registered: ‎04-02-2008

Re: Hooter's Denial

can you call and ask for a recon?
6/9/08 FICO TU 697 EX698 EQ 618uti 6% (once new accounts hit) BIZ- DUNS 80, EX 35
GOAL 2008- 700s+ new car
2010 BE a first time buyer
Established Contributor
fender
Posts: 709
Registered: ‎04-20-2008

Re: Hooter's Denial

I agree, recon them.. If nothing else they can tell you when to reapply.
"WTB Access Number"
Established Contributor
unknown_entity
Posts: 853
Registered: ‎03-21-2008

Re: Hooter's Denial

With the sub-prime mortgage mess going on, I think they are displaying a measure of caution when it comes to extending credit to people with new mortgages.  I guess we should be glad this trend isn't being adopted by other lenders as well.  But in your case, I would recon them.  But truthfully, Hooters isn't that great of a card, don't get me wrong, it's not "bad" but you can get a Capital One card with better rates and AF's than Hooters.  I wouldn't worry about losing any hide over a Hooters denial.  You've been denied by better....(we all have)  lol. 
07/26/2007 TU-688
EQ-656
EX-649
Established Contributor
beenthere
Posts: 971
Registered: ‎01-13-2008

Re: Hooter's Denial

I like my Hooters card. Average apr, no AF and decent CL.
1-14-08....... TU=683, EQ=667, EX=666
7-04-08....... TU=688, EQ=678, EX=682.......
.......4 of my 5 cards and a new car later.
2/13/09 and forever EX 693
Frequent Contributor
azsassycat
Posts: 250
Registered: ‎09-18-2007

Re: Hooter's Denial

For the reconsideration - would you recommend calling them or writing them a letter?
 
Thanks-

Cathleen
10/22/07 (FICO) EQ 544 EX 520 TU 518
03/04/08 (FICO) EQ 606 EX 599 TU 601
04/24/08 (FICO) EQ 600 EX 580 TU 608
Established Contributor
unknown_entity
Posts: 853
Registered: ‎03-21-2008

Re: Hooter's Denial

Call them, it's better to speak with a live person,
07/26/2007 TU-688
EQ-656
EX-649
Frequent Contributor
creditdream
Posts: 352
Registered: ‎10-10-2007

Re: Hooter's Denial

Try to call this number 516 576-0404 ,and hopefully you will hear a good news from them .
GOOD LUCK . :smileyhappy:
Valued Contributor
casinoannie97
Posts: 1,989
Registered: ‎08-17-2007

Re: Hooter's Denial

Are they charging you for 8 inquiries for mtg. shopping?  I thought that should only count as 1.  Anyone??????  What time frame did you shop?
Established Member
lookingfor700
Posts: 47
Registered: ‎05-13-2008

Re: Hooter's Denial

I tried for a Hooters CC the other Day. Got 30 Day Msg, who knows if i got it... Any ways My Util is hurting me. How do they think you get Util up? Buy getting more cards with higher limts. The one CC that is reporting for me is one with $300 limit. I see alot of the, owed amount to high for credit limit reasons. I have a house payment and a car payment, what do they think everyone has a house paid for? Anyways, im going to keep on keeping on. 700 or Bust!

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+