Reply
Member
Posts: 19
Registered: ‎02-17-2014
0

I KEEP getting DISCOVER offers, DESPITE "THIN LINE" and Chase Denial.

Hi, guys, for 5 consecutive months now, I kept receiving Discover Card offers, and my risk averse nature would recuse me from applying. I checked my credit reports and they all state that I have a THIN LINE (insufficient history of credit, no delinquencies) I only have a one-time clean 2005 credit line history and then I got ill for years, paid my dues all via debit card, no credit card.

 

  1. Chase declined my application, immediately after that, Discover started pouring in offers it's the fifth letter I received from them now. I thought Discover Cards are very strict even for those with high FICOs. I don't even earn enough income, not a student either. WIll I get declined? Is this a dud? Krial got approved despite their mid-range FICO and very high >50% CU. I have no utilization. I only have a debit from a Credit Union.
  2. Could my mom add me to her instantly recently approved BCE card as an AU/authorized user, or will it downgrade / negatively affect her FICO because of my "thin line" history or will it be fine?

Thank you so much to you all for previously helping my mom's case.

 

 

Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: I KEEP getting DISCOVER offers, DESPITE "THIN LINE" and Chase Denial.


Enmie wrote:

Hi, guys, for 5 consecutive months now, I kept receiving Discover Card offers, and my risk averse nature would recuse me from applying. I checked my credit reports and they all state that I have a THIN LINE (insufficient history of credit, no delinquencies) I only have a one-time clean 2005 credit line history and then I got ill for years, paid my dues all via debit card, no credit card.

 

  1. Chase declined my application, immediately after that, Discover started pouring in offers it's the fifth letter I received from them now. I thought Discover Cards are very strict even for those with high FICOs. I don't even earn enough income, not a student either. WIll I get declined? Is this a dud? Krial got approved despite their mid-range FICO and very high >50% CU. I have no utilization. I only have a debit from a Credit Union.
  2. Could my mom add me to her instantly recently approved BCE card as an AU/authorized user, or will it downgrade / negatively affect her FICO because of my "thin line" history or will it be fine?

Thank you so much to you all for previously helping my mom's case.

 

 


Welcome to the forum.  Have you tried their pre-qual site? Sounds like you may be receiving their marketing letters. As it is difficult to advise other than, apping and hoping for the best.

 

regarding your second question- being added as an AU or ACM will not harm the primary's credit unless you 1) run up the card; 2) are responsible for making pyts and fail to do so.

 

also, you have asked this question across several different posts.  Please allow your question to be addressed in one thread as to avoid confusion/ duplication. 

 

Thank you. 

Valued Contributor
Posts: 1,569
Registered: ‎11-10-2012
0

Re: I KEEP getting DISCOVER offers, DESPITE "THIN LINE" and Chase Denial.

Why don't you apply for a card through your credit union and start building your file there? Credit unions are generally very generous to their members.



My Wallet:
WalMart: ||15k|| USAA Platinum MC: ||26k|| BCE: ||9k|| Chase Freedom Siggy: ||10k|| Discover it: ||6.5k|| SG Visa: ||11k||
USAA World MC: ||23k|| US Bank Cash+ Siggy: ||7.5k|| Citi TYP World MC: ||12k|| Barclays Arrival World MC: ||13k||Citi Double Cash World MC ||25k||Sallie Mae World MC ||18.8k||Fico Scores (3 Fico Monitoring): EQ 751,TU 749, EX 743. Last app: 9-12-14 Sallie
Valued Contributor
Posts: 4,599
Registered: ‎06-05-2013
0

Re: I KEEP getting DISCOVER offers, DESPITE "THIN LINE" and Chase Denial.

[ Edited ]

Enmie wrote

WIll I get declined?


Possibly.  We can't tell you for certain either way.  It's just marketing.


Enmie wrote

will it downgrade / negatively affect her FICO because of my "thin line" history or will it be fine?

Being an AU doesn't add your credit profile to her credit profile. Her account will be listed on your credit profile.
Member
Posts: 19
Registered: ‎02-17-2014
0

Re: I KEEP getting DISCOVER offers, DESPITE "THIN LINE" and Chase Denial.

Hi, what are "pyts". Thank you so much for your input, you've been a great help!! :'(

Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: I KEEP getting DISCOVER offers, DESPITE "THIN LINE" and Chase Denial.


Enmie wrote:

Hi, what are "pyts". Thank you so much for your input, you've been a great help!! :'(


Pyts = payments

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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

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.