05-16-2011 06:59 AM
I had 3 cards, Public saving bank,Cap1,Zync AMEX before starting app spree and the result is:
0.1 Citi Forward Declined and try recon 3 times all failed so I give up
1. Fidelity AMEX Approved
2. AMEX blue cash everyday Instant Delined, I have yet called for recon.
3. Discover more Need co-applicant but I don't want to add anyone as co-app so they withdraw my app. Failed.
4. Chase Freedom Got message "app under review wait for 7-10 days" so I call back door number to check
and it's declined but Recon and got approved ( I have checking account with them and that plays very important part for approval)
5. Barclay Apple Itune Instant declined, call for recon and it actually take less than a minute to get approved, too easy IMO.
I think I will stop for at least 6-7 months before another attempt on Citi,AMEX,Discover.
EQ drop from 723-->706, TU 741-->732
05-16-2011 09:50 AM - edited 05-16-2011 09:50 AM
What was your reason for decline on Citi Forward?
Congrats, but now you must not app for anything (credit cards or loans) for the next six months. Barclay is known to close account if they even see a hard inq on your report (they soft you every month).
05-16-2011 10:39 AM
They just simply read the script " CRA reported a limited credit history for you"
I asked her how to consider if it's limited or not and she suggest at least I should have 2 credit cards with al least 1 year history, a criteria which I failed to meet.
Thanks for warning about Barclay. It's not part of my selection at first but I really like its design and don't plan to use it outside of its rewards area.