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Established Contributor
Posts: 619
Registered: ‎06-18-2007
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The GECRB funny of the day

In today's mail a letter arrived from GE Capital Retail Bank addressed to my husband, stating that he had applied for an Ikea card and they regret that they cannot approve it because (fill in the usual 3 or 4 bogus reasons.)  It was a standard letter the likes of which many of us have seen from applications or CLI requests.  Not a big deal, right?

 

But reading more closely, it said, "On 6/22/2010 you applied for an IKEA credit account...."

 

It also says that his score is 070 on a scale of 000 to 999.  And the TU score was pulled on 6/22/2010, also.  I hope his score has improved since then.

 

You think they have a backlog in their mail system?  The letter was dated July 20, 2012 (yesterday - the mail moves fast, huh?  Moving from Orlando to Baltimore?)

 

Oh wait - I just read more closely.  They said they realize they sent a letter back in 2010, but they incorrectly stated the bogus reasons for the denial, so they had to set the record straight and list the "real" reasons now.  Wow!  Is someone being paid to correct these??  They invited him to consider reapplying if he has not obtained an IKEA card since then.  HA !!!!!!

_________________________________________________________
Too many accounts; too many debts; lots of open credit, and lots of utilized credit. Scores somewhere in the 600s - I have no earthly idea exactly what number, but not 700 like it was, briefly.
Mega Contributor
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Registered: ‎04-09-2011
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Re: The GECRB funny of the day

AFAIK IKEA dumped their credit card awhile ago.......I may be wrong.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Established Contributor
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Registered: ‎06-18-2007
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Re: The GECRB funny of the day

[ Edited ]

Interesting!  I looked on the IKEA site and current card holders can log in, and it says the card is managed by GECRB.  But when I looked on the web for a link to apply for a card, it is a Citi application!

 

*edit:  The Citi application is on the Canada Ikea site.  The U.S. Ikea site has no link to apply for a card.  Maybe the manage existing accounts but don't take applications for new ones.  I know he does not want one now but it's a real hoot if they encouraged him to apply for a card again, when there is no way to do so.

_________________________________________________________
Too many accounts; too many debts; lots of open credit, and lots of utilized credit. Scores somewhere in the 600s - I have no earthly idea exactly what number, but not 700 like it was, briefly.
Moderator Emeritus
Posts: 4,875
Registered: ‎11-02-2010
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Re: The GECRB funny of the day


LS2982 wrote:
AFAIK IKEA dumped their credit card awhile ago.......I may be wrong.

I remember reading that a while back. Too funny that the OP is just getting this now!!! :smileylol:


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
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Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: The GECRB funny of the day

I'm interested to know, if its GE I might bite on that later.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
Posts: 619
Registered: ‎06-18-2007
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Re: The GECRB funny of the day

LS:  see my edit.  I realized that the Citi application is only on the Canadian site, and the U.S. site gives no link to apply for a card, only to manage an existing one.

_________________________________________________________
Too many accounts; too many debts; lots of open credit, and lots of utilized credit. Scores somewhere in the 600s - I have no earthly idea exactly what number, but not 700 like it was, briefly.
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: The GECRB funny of the day

I figured it was an error. I was at IKEA like 3 weeks ago and they didn't offer any apps when I asked.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
Posts: 755
Registered: ‎10-04-2010
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Re: The GECRB funny of the day


LS2982 wrote:
I figured it was an error. I was at IKEA like 3 weeks ago and they didn't offer any apps when I asked.

You ASKED for an app 3 weeks ago?????????

 

:smileysurprised:

BK in 2008, after making very stupid financial. decisions.

Barclay's Apple Financing Card ($6400) --- Capital One Quicksilver ($13,000)---GEMB CareCredit ($5700) --- AUFCU ($10000)--- Walmart ($5000)

FICO Scores: TU 735 EQ 709 EX 740 (Feb 2013, all pulled by lender TU 747 (May 2015)
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: The GECRB funny of the day

No, I was curious to see who they were backed by. (Awkward silence...........)



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
Posts: 1,142
Registered: ‎05-17-2010
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Re: The GECRB funny of the day

I received this letter today regarding my Lowes credit app from 4/20/10.  

 

The only thing they corrected on it was the Too Many Inquiries reason, which was very accurate (I went on an app spree that week).  

 

My internal GE score at the time...110 on a scale of 000 to 999.  

 

They invited me to reapply as well...I think I'll pass!  

 

 

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