Credit Cards Center Credit cards from our partners
Reply
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: 3,804
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 Smiley Sad
EQ (DCU, Citi, PenFed)
EX (Amex, Chase, PSECU)
TU (Barclays, Discover)
Super Contributor
Posts: 5,712
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.
03/21/2016 FICO: EQ: 772 EX:773 TU:779
Highlighted
Epic Contributor
Posts: 28,035
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?
My Gardening 04/29/2016 All 3 Reports on Lockdown
Partner Joined Garden 04/11/2016

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

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 internal myFICO analysis of 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. These ranges were not provided by any card issuer.

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.