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Frequent Contributor
anca21bi
Posts: 355
Registered: ‎07-27-2008
0

Turned down for Secured CC

I applied for a secured CC with $300 opening deposit and I was turned down! I thought you couldn't get turned down with a secured CC application, whats going on?
Regular Contributor
MsQueenB
Posts: 269
Registered: ‎09-14-2007
0

Re: Turned down for Secured CC

Turned down for a 300 dollar secured card?  What did they think you were going to do - run away to Mexico on that?  Sheesh! :smileymad:
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
0

Re: Turned down for Secured CC



MsQueenB wrote:
Turned down for a 300 dollar secured card?  What did they think you were going to do - run away to Mexico on that?  Sheesh! :smileymad:


Right what card was it for?


Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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Regular Contributor
robertkinder
Posts: 195
Registered: ‎07-12-2008
0

Re: Turned down for Secured CC

BOA did the same thing to me and I have a checking account with them!! Waiting on the letter to see what the problem is.
Starting Score: EQ450 TU478 EX485 5/1/05 Current Score: EQ: 600 TU: 617 EX: 624 11/20/14 Goal: 700 by 6/2/15

"If I say I'm going to garden, ignore it, I'm lying!"
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
0

Re: Turned down for Secured CC



robertkinder wrote:
BOA did the same thing to me and I have a checking account with them!! Waiting on the letter to see what the problem is.


Make sure u let us know the reason after you get your letter.

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


Take the FICO Fitness Challenge
Regular Contributor
preci0uz
Posts: 156
Registered: ‎02-24-2008
0

Re: Turned down for Secured CC

In my opinion Orchard is very easy to get.

Might want to try that one.
Frequent Contributor
anca21bi
Posts: 355
Registered: ‎07-27-2008
0

Re: Turned down for Secured CC

It was with Wells Fargo and I have a checking account with them too!  It's messed up.
Established Contributor
Tons_of_Debt
Posts: 610
Registered: ‎08-01-2008
0

Re: Turned down for Secured CC

I just recently applied for a BofA $300 secured. With a savings of over 3k, I wouldn't think they would turn me down, but I haven't heard anything yet and I applied yesterday. :-(
08/01/2008 - 472 EQ; 523 TU; 454 EX
03/01/2009 - 574 EQ
08/08/2009 - 648 EQ
01/27/2010 - 671 EQ
07/04/2010 - 713 EQ
01/05/2011 - 730 EQ
Established Contributor
CreditDrama85
Posts: 1,046
Registered: ‎07-03-2007
0

Re: Turned down for Secured CC

what was the reason they denied you? BK? i got the WF secured card with a 505fico. im anxiously awaiting to see if they upgrade my account to platinum and refund my deposit as promised.
Frequent Contributor
anca21bi
Posts: 355
Registered: ‎07-27-2008
0

Re: Turned down for Secured CC

I considered BK, but decided to work through all my 23 collection accounts myself.  My fico scores are Eq-476-which just went up yesterday 21 points, Tu-554, Ex-529, I don't know why but once I get my letter in the mail I'm goint to contact them.

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