topic Re: Denied! Synchrony, again!! Anyone know what CR they use? in Credit Card Applications

Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Sat, 02 Jan 2016 17:27:05 GMT

I've had my Wal-Mart CC since July. Opened with a measly $250 limit. Credit score 635-640 at the time. Credit score at the beginning of Dec was 618 on TU. Called in simply because it was more than 5 months, no CLI. No luv button progress, or Credit Solutions.

My TU score went up 55 points in 2 weeks. Naturally, I had the brilliant idea to call these people back yesterday. TU Score 673. Overall utilization 26% & Wal-mart Utilization 0% but was used this month & every month.

My question is, do you think they used a new credit report yesterday? Or the one I get monthly on their website? Or the one from 2 weeks ago when I called? I just don't understand why they're not liking me. Obviously I know I can wait and call back in a month, 3 months or whenever. I don't want to because of the fact that I have an installment loan that will be reporting any minute.

I think this may be the one that I close this year along with VS. Apparently I don't have a whole lot of patience. I want a CLI! lol

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Billybob_TX — Sat, 02 Jan 2016 18:11:48 GMT

They will send you a letter telling you which CR they used.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Sat, 02 Jan 2016 18:13:43 GMT

Don't close it yet. The luv will come. I was stuck for a year on my starting limit of $150. Couldn't even beg for a CLI. Once my TU score crossed the 650 threshold I did the online chat and was approved for a new limit of $3500, went from $800 to $3500 on my Amazon store card the next day. I saw somewhere, can't remember where, that Synchrony seems to have some structure where a 650 TU will get you $3500, 675 TU will get you $5000, 700 TU will get you $10k. I'm sure age of account and other things come into play. But, stick with them. Once you start getting increases, they grow quicker. Just takes time.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

elim — Sat, 02 Jan 2016 18:16:38 GMT

Yep, have to get your scores up. Just give it time and definitely don't close the card.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

undrtkr65 — Sat, 02 Jan 2016 20:10:52 GMT

I know they use transunion credit report but which score verison do they use my score just jumped to 645 fico 08 score. I guess once my wells fargo card updates to 0 I will call in. I got both my walmart, sams club and amazon card in sept of this past year. walmart and amzon limit is 800 and sams club is 500. No luv yet. I did read on here that after the 4th statement cuts people were getting increases.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Sat, 02 Jan 2016 20:25:37 GMT

That's why I was thinking I would be approved now. Transunion score is 673. I was thinking maybe they used my old credit report from earlier in the month.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Sat, 02 Jan 2016 22:17:35 GMT

I'll be closing mine soon since it's been stuck at $400 since I got it, and it's a rebuilder card in the first place. Besides, walking into a Walmart gives me hives.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Sat, 02 Jan 2016 22:21:42 GMT

@Anonymous wrote:
That's why I was thinking I would be approved now. Transunion score is 673. I was thinking maybe they used my old credit report from earlier in the month.

Did you call or did you use the luv button? FWIW, my assumption the button just looks at the previous SP where as chat or calling results in a new SP. it's worth keeping simply due to getting 5 cents a gallon discount for gas.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

bigpoppa09 — Sat, 02 Jan 2016 23:46:36 GMT

They use TU Fico08 and if u requested the increase 2 weeks ago they are using the old report u have to wait a couple of months so they will pull a new report.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

pizza1 — Sun, 03 Jan 2016 02:34:20 GMT

Why does everyone always want to close their cards if they don't get a CLI?! Especially rebuilders....Im not a patient person either, but my BK forced me to be, and 2 yrs later....im sitting really good. Started all with low limit hell too. You just have to give it some time!

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Sun, 03 Jan 2016 05:30:39 GMT

To me it's just annoying. I understand it's a "rebuilder card" but $250? I believe the minimum finance deal at 0% is $299, I can't even do that. It doesn't provide utilization cushion, I have several cards with TU credit scores, I don't use the gas stations. Pointless for me at this time. At least a normal CC at $250 I could use elsewhere..

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Sun, 03 Jan 2016 15:29:03 GMT

@Anonymous wrote:
To me it's just annoying. I understand it's a "rebuilder card" but $250? I believe the minimum finance deal at 0% is $299, I can't even do that. It doesn't provide utilization cushion, I have several cards with TU credit scores, I don't use the gas stations. Pointless for me at this time. At least a normal CC at $250 I could use elsewhere..

Heres my little story to help you and see how it goes. I started off with a Walmart store card way back in May 2015 starting limit $150 yes $150 is right like you I was like how in the world will I work with that amount. I started using the card here and there small amounts and kept paying in off. Several attempts in CLI no go many months past by this time my score slowly climb still no go with CLI. So I decided to apply for another card back by Sync which was Amazon boom approved since I shop at amazon a lot not sure why I didn't so it sooner, was approved for $800 was an improvement so I continued on use it a little PIF. Now I tried with CLI with Sync getting my Walmart up BOOM! instant 3.5K excited I was also next day called for amazon CLI mind you was only two weeks old same increased to 3.5K After that smooth sailing! Now I have so many Sync cards nearing total close to combined CL of 75K exciting yes now my score with in the 7 months or so staying steady at 700-720+ So just bare with them Sync is excellent I love them No issues what so ever. Hope this helps you.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Sun, 03 Jan 2016 16:20:45 GMT

It seems to me personally that sync bank will raise your limit if you use the card, get it up to 50 percent a few times and then ask for a cli.. Why would they give you a cli if your at zero percent usage and pay it off all the time ?

Re: Denied! Synchrony, again!! Anyone know what CR they use?

lg8302ch — Sun, 03 Jan 2016 16:35:26 GMT

@Anonymous wrote:
It seems to me personally that sync bank will raise your limit if you use the card, get it up to 50 percent a few times and then ask for a cli.. Why would they give you a cli if your at zero percent usage and pay it off all the time ?

I do not have any Synchrony cards but would also have suggested to try out this option. Use the card and let 50% of the limit report. If you pay down before statement cut date make sure to let 30-50% utilization report. If you let 0 balance report it gets 0% utilization this could be the reason for not getting a CLI. If you want to let all but 1 account report 0 balance then make sure you use the Walmart card as the card to let the balance report and try gain with your CLI request. At the same time be patient...it will not happen overnight. With use of the card I am pretty sure you will get your CLI after a while.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Mon, 04 Jan 2016 04:11:40 GMT

I went from $400 to $5000 in 4 months of having thecard. stick with it

Re: Denied! Synchrony, again!! Anyone know what CR they use?

ddemari — Tue, 05 Jan 2016 02:01:50 GMT

My experience with synch bank- TU FICO 640-650's they don't play nice. Get your score above 685 to 690s and they work with u.

Re: Denied! Synchrony, again!! Anyone know what CR they use?

Anonymous — Tue, 05 Jan 2016 02:13:12 GMT

They won't give me a CLI either. I got one CLI from 4500 to 30k (lowes) . All my other cards nada. And I use them all the time. I've tried different senerios, ran it up to 90% PIF, 50% let it report, 50% PIF, put 2000 through a 500$ card. Nada. Like I've always said I think they have a jar on their desk with a bunch of yes and Nos in it. It's probably like 5 to 1. If they pull a yes you get one. Lol. I'm just throwing them in the SD I have better cards to earn rewards on than trying to get a CLI.