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Member
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
Posts: 3,671
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
Posts: 5,703
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.
11/28/2014 FICO: EQ: 796 EX:788 TU:803
Epic Contributor
Posts: 24,400
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- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
83 Cards and Counting :smileytongue:
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