topic Re: Discover is NUTS ! in Credit Card Applications

Discover is NUTS !

Anonymous — Tue, 08 Nov 2016 18:47:25 GMT

So after gardening now for about 9 months give or take, I stepped out today to try for Discover AGAIN as they're the only major CC unattainable to me. My TU score they pulled was 702, 24% UTIL and no baddies for over 3 years (no major baddies at all). 0 INQs past 6 months and 5 past 12 months. Wait for it ... DECLINED but offered a Joint applicant or secured card to build history.

So her s where the experiment comes in. My buddy wanted a Discover too so we applied online together. His stats are: EQ 641, lower income than me, 5 inquiries past 6 months and a 30 day late 13 months ago. 20% UTIL. APPROVED $1800!!! I nearly tooted.

Here's what I learned. Discover "Credit analysts" are bogus and not credit analysts at all. They have ABSOLUTELY NO POWER TO OVERTURN THE COMPUTERS DECISION - period. They are basically there to answer the phone and run your info through the system. I reconned all the way up to a Senior VP LOL and they said their analysts any override the system unlike BARCLAY or chase for example. Complete and utter joke - not sure why they call them credit analysts when all they do is read off of a screen and can not override a denial or recon a SL (buddy tried to recon limit to $3000, nope).

So after nearly a year I wasted an INQ. THANK GOD only pulled one Bureau. I declined the joint and said adios.

Discover is truly an enigma - one I am done trying to deal with. My buddy said to just secure a card for $2000 or so to get history - why would I do that with $100+ of unsecured lines??? Lol. Election Day laugh !!

Re: Discover is NUTS !

Anonymous — Tue, 08 Nov 2016 18:52:46 GMT

Sorry about the denial OP. Goes to show that YMMV on CC applications. There must be something they didn't like on your profile. Your Util is a bit high..

Re: Discover is NUTS !

Anonymous — Tue, 08 Nov 2016 18:59:51 GMT

Ah wait for it here's the reason cited. Too many inquiries last 12 months. So 5 inquiries in a year is too much ? lol it's honestly comical.

What really gets me is that the crEdit analysts have no power at all as in with other cc companies.

Re: Discover is NUTS !

AzaleaB — Tue, 08 Nov 2016 19:59:59 GMT

That's a bogus response. When I got my Discover card, I had 5 or 6 on TU in the past 6 months. Can't see why you were denied and your buddy approved.

Re: Discover is NUTS !

Anonymous — Tue, 08 Nov 2016 20:03:41 GMT

Like I said. Nutsss

Re: Discover is NUTS !

pipeguy — Tue, 08 Nov 2016 20:12:47 GMT

Funny thing, looking through credit card threads I see things like "Discover is Nuts", "What's the big deal with NFCU", Chase and their 5/24 rule sucks, I give up on Barclay's, Capital One hates me, WF sucks, BoA drives me nuts,..... etc etc etc. (I left out Comenity because they actually do suck big time)

I wouldn't read too much into "generic reasons" posted. I just opened a new checking account with a fairly large bank - did it online and they had a problem with my wife's ID through ChexSystems which is what the CSR told me on the phone - before we got a chance to go into a branch, we got "denial" from the bank for my wife and the cited "non-derogatory public record history (we've lived here 30 years and in the area for 40) and property ownership history - again we've been in this house 30 years and had a second mortgage with this bank for 17 of those 30).

The best part is they gave her a CheckSystems credit score 883 out of 899 possible as a "denied" score. (we got it all straight when we went into a branch). So don't read too much into generic reasons .

That said, reading your sig, seems you have lots of revolving credit and quality accounts - other than the Credit One which I have no idea why you would keep that one open, so if Discover doesn't like you today.....no big deal. I used to have a Discover card in the late 1990's with a $10k limit - I closed it and I don't remember why but it wasn't due to missed payments or anything like that. Starting around 2011-12 I tried to get a Discover - declined, tried again at least 3 or 4 times declined. Then in late 2013 or early 2014 I was approved with a SL of $10k, that card is now $19.5k.

Today AmEx and I still don't like each other and CitiBank won't give me a branded Citi card but will give me any of their Citi-backed cards like Home Depot ($25k limit) and a bunch of others that I opened and subsquently closed - doesn't matter, other than maybe ego, as long as you have revolving cards that fits your spending who cares who the lender is? (other than Credt One and the like )

Re: Discover is NUTS !

Anonymous — Tue, 08 Nov 2016 20:47:32 GMT

Discover is my white whale and they always deny me. From what I've gathered and reading the forum they are not baddie friendly. I currently have three baddies left from 2013 and every time it's a no go. I was tempted again to try and app and started a post about baddies and discover and then I saw your post. Guess it's going to yet another hard pass for me

Re: Discover is NUTS !

kaw943 — Tue, 08 Nov 2016 22:10:00 GMT

@pipeguy wrote:
Funny thing, looking through credit card threads I see things like "Discover is Nuts", "What's the big deal with NFCU", Chase and their 5/24 rule sucks, I give up on Barclay's, Capital One hates me, WF sucks, BoA drives me nuts,..... etc etc etc. (I left out Comenity because they actually do suck big time)

I wouldn't read too much into "generic reasons" posted. I just opened a new checking account with a fairly large bank - did it online and they had a problem with my wife's ID through ChexSystems which is what the CSR told me on the phone - before we got a chance to go into a branch, we got "denial" from the bank for my wife and the cited "non-derogatory public record history (we've lived here 30 years and in the area for 40) and property ownership history - again we've been in this house 30 years and had a second mortgage with this bank for 17 of those 30).

The best part is they gave her a CheckSystems credit score 883 out of 899 possible as a "denied" score. (we got it all straight when we went into a branch). So don't read too much into generic reasons .

That said, reading your sig, seems you have lots of revolving credit and quality accounts - other than the Credit One which I have no idea why you would keep that one open, so if Discover doesn't like you today.....no big deal. I used to have a Discover card in the late 1990's with a $10k limit - I closed it and I don't remember why but it wasn't due to missed payments or anything like that. Starting around 2011-12 I tried to get a Discover - declined, tried again at least 3 or 4 times declined. Then in late 2013 or early 2014 I was approved with a SL of $10k, that card is now $19.5k.

Today AmEx and I still don't like each other and CitiBank won't give me a branded Citi card but will give me any of their Citi-backed cards like Home Depot ($25k limit) and a bunch of others that I opened and subsquently closed - doesn't matter, other than maybe ego, as long as you have revolving cards that fits your spending who cares who the lender is? (other than Credt One and the like )

I agree 100%

Re: Discover is NUTS !

Anonymous — Tue, 08 Nov 2016 22:23:11 GMT

Thanks for your input my friend. Actually very thorough and makes a lot of sense. I really appreciate the candor. Credit One is now at $2,000 lol. Need to update sig. I keep it for util really and got AF credited. Might close next year but $2,000 is $2,000 for util purposes.

Re: Discover is NUTS !

mattmyFIC0 — Tue, 08 Nov 2016 23:34:56 GMT

I've wasted 5 apps on them in the last 18 months. They just don't like my profile for some reason. Pretty much every other lender I've applied at has been good with it but not Discover. For some reason it just makes me want it more LOL

Re: Discover is NUTS !

Anonymous — Tue, 08 Nov 2016 23:44:50 GMT

Hahahahah tight!!!! We'll get in eventually. I'm almost considering ponying up $2000 for a secured just to get in the door. They unsecure after 7 months now if you're a good boy lol.

Re: Discover is NUTS !

mattmyFIC0 — Tue, 08 Nov 2016 23:58:20 GMT

They denied me for secured as well!!

Re: Discover is NUTS !

Anonymous — Tue, 08 Nov 2016 23:59:10 GMT

WHAT ! When and why???

Re: Discover is NUTS !

steelers1 — Wed, 09 Nov 2016 00:06:25 GMT

It took me 4 tries to get Discover.

I had a security freeze on EX for the first 3 tries.

I thawed it before the 4th try and I finally got it.

They pulled both EQ & EX when I was finally approved.

Re: Discover is NUTS !

Anonymous — Wed, 09 Nov 2016 00:10:06 GMT

Woooooooooo

Re: Discover is NUTS !

Loquat — Wed, 09 Nov 2016 00:23:39 GMT

I don't understand the logic with Discover. I wasted 4 pulls trying to get in with them over the past 2 years and finally was able to get in here recently. Always denied citing my BK13 despite being over 700 across the 3 reports. Offered a joint app 2 of the 4 times and one of those 4 was for the secured and even that was denied. On the 5th try I was finally able to get in with a $3200 SL. My BK13 is still on my reports and will be for a few more years. Don't know what made the difference with the 5 try but as much as I'm happy to have it...I'm kinda pissed at myself for wasting so many pulls just to get it. It's something about being told "no" that made me want it that much more. What's silly is now that I have it, I hardly even use it. Yea, I'm not that bright.

Re: Discover is NUTS !

mattmyFIC0 — Wed, 09 Nov 2016 00:43:43 GMT

@Anonymous wrote:
WHAT ! When and why???

A few months back. They say I had an unsatisfactory relationship with them.

The truth is that in 2007 I had a business card with them. When everything started hitting the fan around 2008 for my business they decided to close my account and transfer it for payment from another company. It wasn't charged off though as Discover still had the account. Anyway, it was for a very small amount (~$600) and I paid it off but that's not good enough for them. I never missed any payments either. They just can't let go of it.

Last time I called and spoke to an "analyst" they recommended that I read some of the helpful links in the footer of their site on how credit works! I was so freakin pissed off. I mean, I guess since I have 300K+ in credit lines I must need someone to hold my hand and teach me how all this crazy credit stuff works, right? I asked how long they will hold the old account against me and they wouldn't say. IME their analysts are rude and they have a LONG memory. Im not sure why they say it was not satisfactory though. It really is confusing since I never burned them at all!

Re: Discover is NUTS !

Anonymous — Wed, 09 Nov 2016 00:57:17 GMT

Let me tell you how much I agree with you. Their analysts are not analysts at all. They're glorified CSRs who sound dumber than a box of bricks. Horrid doesn't even touch on it.

BARCLAY and chase - THOSE are analysts. Regardless it's a joke what happened to you with them. I love their reward structure which is the only reason I keep trying - especially the cash matching. Overall the company needs some MAjor restructuring. Approving a 640 but not a 702 is ridiculous enough - but their whole MO is just weird

Re: Discover is NUTS !

Anonymous — Wed, 09 Nov 2016 01:29:23 GMT

i think a lot of people have cards that wont give any love no matter what. Heck, I cant get a sniff from my friggin Wal Mart store card which is my only store card. I've been trying to get a CLI from them from 5K for a year now. Their reason? You already have one of the highest lines of credit we offer... Get out of here!!! lol....

Re: Discover is NUTS !

joltdude — Thu, 10 Nov 2016 00:54:07 GMT

iv seen 8K on a Walmart store card.....