Credit Card Center Advertiser Disclosure

Frequent Contributor
Posts: 278
Registered: ‎04-29-2007
0 Kudos

RECONN letter i am working on can i get some input?


I am writing requesting reconsideration of the denial of my recent auto loan application.

It appears I was denied after you pulled my Equifax report. While the letter I received did not include specific reasons as to why I was denied, I would still like to go over the potentially negative information on my report.

High Inquiries:

I do have high credit inquiries at this time. Most of these are due to an auto lender shopping me around without my permission. The dealer was so determined to obtain my business that without my consent continued to shop around for financing for me without my knowledge.

Four Collection Accounts

There four derogatory items on my Equifax report that are there in error. I have disputed this with all three credit bureaus. Transunion, Experian and Equifax should be removing them anytime. I expect my Equifax report to reflect these changes within 30 days. These accounts have been paid off for well over a year however the collection agency that was assigned to these collections failed to update this information with the original creditor and the 3 major reporting agencies. I have the checks which were paid with my checking account that I hold with USAA Federal Savings Bank and will be more than willing to supply these as proof.

You will notice I have no other late payments, collection accounts or, general negative items on my report. I indeed have only had credit for a short amount of time and since my entering the United States Air Force have been managing my credit a lot more wiser and have been improving my score. I appreciate you taking the time to reconsider my application. I hope my explanation clears things up so I can in addition to my checking, saving and insurance coverage I hold with USAA Federal Savings Bank also be a proud auto loan holder with a great customer friendly company.







prety much a rough draft I am going to look over it some more and see what else i can add to it. any input?

Starting Score: 643
Current Score: 657
Goal Score: 700

Take the FICO Fitness Challenge
Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007
0 Kudos

Re: RECONN letter i am working on can i get some input?

Looks good to me! Good luck!

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.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* 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.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on 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.