As of posting I only have a maximum of $1100 of debt on my CR from charge offs. I put $450 security deposit towards a Wells Fargo Secured Visa. At the time of posting I have worked over 6 months with my current employer and have a positive relationship with Wells Fargo.
I submitted the application, thinking I would get an approved message.
I instead got a screen saying
"We need to verify a few pieces of information before we can give you a credit decision".
When I called, I got a robot response saying "Your account is currently under review, we will let you know our desicsion in 7-10 days". This sounds like a canned response when one is denied.
Has anyone else app'ed for the WF Secured Visa, and if so, can you tell me the process you went through? I'm really worried it will be declined, which stinks, as I am trying to build credit.
So you only have the Fingerhut CC as a positive tradeline right now?
Wow, someone else is up at 3am!
Yes, but it has not been on there more than 6 months, maybe 2 at the most.
My CR is not as nearly bad as some people's and the personal banker said even illegal aliens have been approved.
Still worrying though, I seem to be the constant victim of murphy's law.
Perhaps you should try one of the Wells Fargo numbers in the "Backdoor Numbers" sticky on Friday or Monday and see if they need anything from you to reach their decision. Right now, it sounds like a definite maybe.
Worst case scenario, if you're denied, maybe you could see if you can settle on your CO for the $450 you have put aside for the secured CC?
Yes I work night shift as a receptionist at a hotel. Are you currenlty banking with WF? Ive noticed that WF appreciates banking relationship.
Yes, I have a checking and savings with them for a few months now. I plan on dropping the savings with them soon (shhh), as I opened a High Yield (still a joke apy) savings account with American Express.
Thing is, the application said we need to verify some information, but it didn't really say what information needed to be verified.
Kinda sucks about having to wait for it by mail. I was actually planning on using it sooner for xmas shopping. I guess they don't have instant credit cards like they do the debit card.
They do have instant approvals but it all depends on your file if they see something that needs a look then they will hold your app but that doesnt mean a denial, my sister applied for VISA Platinum and got the same message yet she got approved with a $1k CL 4 days later. She also banks with them.
Try what SunRiseEarth said call the back door number