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Member
mancub88
Posts: 24
Registered: ‎01-02-2010
0

New regs: first time I have seen ACCEPT or DECLINE credit offer after app approval.

I recently applied for the Elan Financial Services ADVANCE CARE Select Rewards Platinum Reward Visa.

 

Once I acknowledged the terms (APR, rates, fees, grace periods, etc) I was presented with a standard application.  Once I submitted, I got back an OFFER of credit approval that showed the approved CL, the APR for purchases and cash.

 

Below the offer, it asked if I wished to ACCEPT or DECLINE the offer. 

 

I declined, because the APR was too high and CL was only $2000, and I was curious to see if this TL would show up if I declined.

 

They pulled hard on EX.

 

 

Senior Contributor
score_building
Posts: 3,559
Registered: ‎01-10-2008
0

Re: New regs: first time I have seen ACCEPT or DECLINE credit offer after app approval.

bummer, a wasted inq :smileysad:
FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Super Contributor
marty56
Posts: 5,672
Registered: ‎10-06-2007
0

Re: New regs: first time I have seen ACCEPT or DECLINE credit offer after app approval.

It should not appear on your CR so it won't affect your AAoA or new account ding on your score.
09/12/2013 FICO: EQ: 772 EX:813 TU:752
Epic Contributor
Creditaddict
Posts: 21,519
Registered: ‎10-23-2007
0

Re: New regs: first time I have seen ACCEPT or DECLINE credit offer after app approval.

what was your score to get that approval? util?
Fico Scores: EQ- 653 Cap1., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
65 Cards and Counting :smileytongue:

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