02-07-2010 05:26 PM
no one will pre qualify me even though i have good credit. orchard bank is only interested in offering me a secured card. my scores are TU 707 EX 724(i think) EQ 742. this is humiliating. why wont they pre-approve me?
02-07-2010 06:12 PM
no one will have the exact reason why, it could be your scores, your report, your history, age of accounts, inquires, baddies, tons of factors, try another place if you can't get it there.. hsbc is no good, try like walmart, or paypal, or even hooters.
what is your true myfico score?
02-09-2010 09:00 AM
02-09-2010 09:16 AM
I have credit numbers like that, and only after two and a half years of working on my credit and doing everything right did I receive a pre-approval offer from any company.
How long is your credit history? That's just as relevant as your scores.
02-09-2010 09:22 AM - edited 02-09-2010 09:24 AM
02-09-2010 09:40 AM
I'd be carefull about applying to prime cards if your history isn't long, though. When I first started, my scores where all 730+ and my credit profile was pristine except for having a very short credit history. I figured I could go on an app spree and get good credit lines, but I was wrong. They don't just look at your scores, they look at your account age as well.
I'd suggest getting the BoA 99/500 card and perhaps a Best Buy card, but don't be surprised or shocked that you don't have them banging down your door with pre-approval letters if the length of your credit history is short.
02-09-2010 09:45 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.