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Contributor
Posts: 89
Registered: ‎07-28-2012
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Just got denied for Walmart Credit card?

My middle score is 617. I have seen other people here with lower scores and approved. I have a year and a half car loan that has been on time every month, also about a month ago opened a capital one secured credit card. However I have 2 charge offs and 1 collection that has been paid. Also, My mom has a walmart cc and she has me as an authorized user, payments have been ontime and her util is 29%. Any idea why I was denied? Also, per my LO ( trying to get a mortgage) I need more revolving credit so what should I do if I keep being denied. Also my scores are experian 632, equifax 628 and TU 617.
Established Contributor
Posts: 541
Registered: ‎12-02-2011
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Re: Just got denied for Walmart Credit card?

In all honesty those scores are quite low, and if they pulled TU (most likely), that is not even borderline.  You can always try to recon and explain away the baddies.

 

 

Established Contributor
Posts: 923
Registered: ‎06-12-2012
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Re: Just got denied for Walmart Credit card?

Do you have any baddies with GEMB or GECRB?

JP Morgan Select $10k | CSP $10k | Citi TY Premier $15k | BofA 3-2-1 $15k | Chase Freedom $10k | Discover IT $10k | Barclaycard $15k | AMEX SPG $5k | AMEX PRG NPSL | NASA Platinum-Advantage $10k | CapOne Quicksilver $3k | Walmart Card $5k | Amazon Card $10k | Chase Auto 1.49% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
Contributor
Posts: 89
Registered: ‎07-28-2012
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Re: Just got denied for Walmart Credit card?

Jlu, no I do not have any baddies with them, however I had a credit card with them back in 2003 which I closed shortly after but was never late. Learnin113, can you please explain what recon is? Also, I know most people see my credit scores as low right now but before I got my car loan my score was 494!! I kniw is a long road but where I came from am half way there.
Established Contributor
Posts: 923
Registered: ‎06-12-2012
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Re: Just got denied for Walmart Credit card?

[ Edited ]

Okay I asked because before I managed to GW some GEMB lates I was unable to get any GE-backed cards. You should wait until your TU is > 630 and re-app. Recons are few and far between with GE - it seems they are almost completely computerized in their decisions. Wait for the letter and let us know what the denial reasons are.

 

EDIT: Recon = Reconsideration. Exactly what it sounds like. You ask an underwriter to review your application. Sometimes the computers deny what a human would approve.

JP Morgan Select $10k | CSP $10k | Citi TY Premier $15k | BofA 3-2-1 $15k | Chase Freedom $10k | Discover IT $10k | Barclaycard $15k | AMEX SPG $5k | AMEX PRG NPSL | NASA Platinum-Advantage $10k | CapOne Quicksilver $3k | Walmart Card $5k | Amazon Card $10k | Chase Auto 1.49% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
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Posts: 13,582
Registered: ‎04-15-2011
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Re: Just got denied for Walmart Credit card?

Try to recon using the backdoor number.  This way you will have an actual person looking at your CR and not an automated system.  It's worth a try.



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EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
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Contributor
Posts: 89
Registered: ‎07-28-2012
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Re: Just got denied for Walmart Credit card?

How can I get the backdoor #?
Established Contributor
Posts: 923
Registered: ‎06-12-2012
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Re: Just got denied for Walmart Credit card?


glendazamot wrote:
How can I get the backdoor #?

From us. 877-294-7548 or 877-294-8770

JP Morgan Select $10k | CSP $10k | Citi TY Premier $15k | BofA 3-2-1 $15k | Chase Freedom $10k | Discover IT $10k | Barclaycard $15k | AMEX SPG $5k | AMEX PRG NPSL | NASA Platinum-Advantage $10k | CapOne Quicksilver $3k | Walmart Card $5k | Amazon Card $10k | Chase Auto 1.49% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
Established Member
Posts: 65
Registered: ‎09-01-2012
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Re: Just got denied for Walmart Credit card?

The first one is Walmart ? I called and was denied at target , I would like a recon too!
Contributor
Posts: 89
Registered: ‎07-28-2012
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Re: Just got denied for Walmart Credit card?

Thanks for the phone # but had no luck. Underwriting denied to disclose the reason why it was denied and insisted that there is nothing they can do to review just to wait for the letter which I will receive from 7-10 days : (
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