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It doesn't seem to be a rebuilder at all...
1 friend in the low 600's declined instantly
friend yesterday with a spotty history over a year ago but EX 679 - denied instantly!
MABT is also Continental Finance. Junk company with another junk product, this time trying for prime borrowers?
Pass.
Definitely not invite only. I've seen links to them on my CreditKarma account.
Looks like this is aimed at C1's Platinum and QS1 products, so it's weird that people in the 600s are getting declined.
Has anyone bit on this yet? I just got a preapproval letter in the mail today, curious as to what the SL's tended to be. I am 98% certain that I will not be getting this card. Just curious.
I got a pre-approval letter today for the Ollo Platinum. It serves no purpose to me as it has no rewards. Seems pretty equivilant to my Capital One Platinum that I never use.
I don't think that just because rates and reards are terrible, makes the card a rebuilder. All the declined posts prove the point. I think it's meant for people who don't know about better credit cards but still have decent scores.
Is there anyone else that tried for this card?
Yes. I just got the offer today. Accepted. $3000 limit. 24.99% APR, $0 AF.