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Regular Contributor
jtc411
Posts: 169
Registered: ‎03-29-2012

Ticked off at Citi

Decided to add one more card to my mini spree after getting denied for BCE and still in pending review for Cash Plus, and Citi denies me with a 740 EQ and 80k a year income.  I call them and they give me the reason as being "Too low amount of revolving credit being used"...really Citi?  I'm sorry for not being in major debt.  FWIW my AAOA is 6 years and my history is 11 years


Starting Score: EQ 619
Current Score: EQ 735, TU 732, EX 745(Lender Pulled)
Goal Score: EQ 700


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New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012

Re: Ticked off at Citi


jtc411 wrote:

Decided to add one more card to my mini spree after getting denied for BCE and still in pending review for Cash Plus, and Citi denies me with a 740 EQ and 80k a year income.  I call them and they give me the reason as being "Too low amount of revolving credit being used"...really Citi?  I'm sorry for not being in major debt.  FWIW my AAOA is 6 years and my history is 11 years


They are essentially telling you that you aren't profitable enough for them to worry with it. They are in business to make a profit.

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
NFCU Flagship Signature $50k - USAA Cash Rewards AMEX $28k
Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k

Senior Contributor
youngandcreditwrthy
Posts: 6,154
Registered: ‎08-16-2012

Re: Ticked off at Citi

Wow!!! This is why even though I got approved for Disc and Amex this week, I keep failing to hit the submit button on a Citi Diamond app...

* insert choice words here* %#%%%%@&&$ lolllzzz
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Moderator
Shogun
Posts: 12,896
Registered: ‎04-15-2011

Re: Ticked off at Citi

I'm thinking I can guess what those choice words are!


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Current scores after adding $81K in CLs and 2 new cars since July 2013
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Valued Contributor
jsickz32
Posts: 1,987
Registered: ‎06-25-2012

Re: Ticked off at Citi

Whats your utl?
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Regular Contributor
jtc411
Posts: 169
Registered: ‎03-29-2012

Re: Ticked off at Citi


jsickz32 wrote:
Whats your utl?

0%  I paid all of my debt off recently and have been PIF.  Their exact words were "You aren't showing us enough history to see how you pay your cards"....I said..umm yeah I have an average age of 5+ years on all my reports, and a 740 EQ which you pulled...unreal.  Won't be doing anymore business with CITI

 


Starting Score: EQ 619
Current Score: EQ 735, TU 732, EX 745(Lender Pulled)
Goal Score: EQ 700


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Valued Contributor
jsickz32
Posts: 1,987
Registered: ‎06-25-2012

Re: Ticked off at Citi

Oh ok. Why dont you let a small amount report?
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Valued Contributor
navigatethis12
Posts: 1,881
Registered: ‎01-24-2012

Re: Ticked off at Citi

Citi will require at least one card to be reporting a balance. I do not know how much they would like to see, but it has to be at lease one. Their thinking is if you are not using the cards you have, why do you need another one? You can try talking to someone about it since you have nothing to lose. Just in the future make sure that you have once card reporting something when applying for Citi.

Established Contributor
CreditCrusader
Posts: 799
Registered: ‎09-27-2011

Re: Ticked off at Citi


Elcid89 wrote:

jtc411 wrote:

Decided to add one more card to my mini spree after getting denied for BCE and still in pending review for Cash Plus, and Citi denies me with a 740 EQ and 80k a year income.  I call them and they give me the reason as being "Too low amount of revolving credit being used"...really Citi?  I'm sorry for not being in major debt.  FWIW my AAOA is 6 years and my history is 11 years


They are essentially telling you that you aren't profitable enough for them to worry with it. They are in business to make a profit.


I hate to say it, but you're probably right on this. A prime lender isn't just looking for a low risk, but rather for someone who will use the heck out of the card. I think these lenders are tired of people snagging their credit cards for the sole purpose of padding available credit and keeping utilization low.

 

I'm sorry, but that is how I see the credit game to some...not that there's anything wrong with playing the game, but a lender isn't obliged to contribute.

 

I'm Spartacus!

hr>Starting Score: EQ 546, EX 547, TU 580
Current Scores (lender): EQ 725 , EX FICO 720, TU 737 FICO scores>
Goal Score: 750
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New Contributor
creditdreamera
Posts: 65
Registered: ‎09-22-2012

Re: Ticked off at Citi

Being in even an little bit of debt, is important.

EX -682
EQ -658
TU -663

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