Why doesn't Walmart like me?
I have applied twice. My scores are accurate per mortgage pull.
The only negative I have on TU is two paid off judgments that are 3 years old. I have two credit cards and student loans reporting with perfect payment history. My CU visa that is reporting has $1000 line of credit with utilization around 10%. My student loans are 7 years reporting.
My daughter who is just starting out was approved with no revolving history and a 1 year car loan and got approved for $500 and was recently upped to $900. Me? Denied and denied!
@Kathy4NU wrote:Why doesn't Walmart like me?
I have applied twice. My scores are accurate per mortgage pull.
The only negative I have on TU is two paid off judgments that are 3 years old. I have two credit cards and student loans reporting with perfect payment history. My CU visa that is reporting has $1000 line of credit with utilization around 10%. My student loans are 7 years reporting.
My daughter who is just starting out was approved with no revolving history and a 1 year car loan and got approved for $500 and was recently upped to $900. Me? Denied and denied!
The judgements may be too recent for GE's liking.
What were the denial reasons in the letter you recieved?
The judgements are no doubt part of the reason, as stated by others above.
However, it's also very true that if you wait and apply in store, you'll have a better chance. People will argue that statement til the cows come home, but it's 100% true, there are many reasons the online app can be denied when an in-store app might have been approved. A lot of it has to do with identity verification, only 1 of the issues bypassed when applying in store.
