cancel
Showing results for 
Search instead for 
Did you mean: 

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

Member

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.

 

 

Message 1 of 4
3 REPLIES
Senior Contributor

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

bummer, a wasted inq Smiley Sad
DCU EQ 5.0, Citi EQ 08 Bankcard, PenFed EX NG2
EX 08: AFCU, Amex, Chase, PSECU EX 98(?)
TU 08: Barclays, Discover
Message 2 of 4
Super Contributor

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.
10/17/2017 FICO: EQ 829 TU 830 EX 826
Message 3 of 4
Epic Contributor

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?
Message 4 of 4