05-24-2013 05:00 AM
So, I jumped the gun an applied for a Lowes card online. I didn't get an instant approval or denial, but got a reference number and the message that I will get an email or a letter. I am assuming it's up for a manual review, but expecting a decline letter in the mail. Anyone else have experience with them?
I checked my credit report this morning and my TU score dropped from 685 to 677, but just on TU, so I guess that gecredit only pulled from there. I was only expecting the inquirie to maybe be a 1-2 point hit, so lesson learned.
I did notice that TU has my name listed wrong. I sent them a letter a while back with proof of my correct name, but they won't change it for some reason. I am thinking that may be the reason I didn't get an approval or denial, so maybe a manual review might not be so bad and I may be approved, but we'll see.
I am sure if I get approved, the score will improve over time, but if I get declined that's going to suck.
05-24-2013 06:28 AM
Someone correct me if I am wrong....but you can have up to a certain amount of inquiries without it really affecting you. According to my report/score watch - once I hit 6 inquiries, I will see a big hit. I was trying to get a transfer card and applied to a couple - I think I'm at 3. I haven't seen a huge hit yet.
05-24-2013 08:04 AM
Did you talk to a regular CSR or a credit analyst? CSR likely cannot do much but might be a different story with a credit analyst. Also try this number 1866 519 6441.