topic Re: Lowes Denied with a high credit score in Credit Card Applications

Lowes Denied with a high credit score

Anonymous — Sun, 15 Jan 2017 19:01:36 GMT

I currently have a Fico score from Experian of 806 and TU a score of 790 and was denied a Lowes card yet have an unsecired Wells Fargo card. I guess they do not want my business. I would go to Home Depot but the Snow Blower I wanted was only available at Lowes. Funny how people with a credit score of 660 have been getting a card from Lowes. I did an online app a few weeks back and called today to ask the status and the woman said I was denied. Is an in store app easier and is it instant approval or denial?

Re: Lowes Denied with a high credit score

BronzeTrader — Sun, 15 Jan 2017 19:05:13 GMT

@Anonymous wrote:
I currently have a Fico score from Experian of 806 and TU a score of 790 and was denied a Lowes card yet have an unsecired Wells Fargo card. I guess they do not want my business. I would go to Home Depot but the Snow Blower I wanted was only available at Lowes. Funny how people with a credit score of 660 have been getting a card from Lowes. I did an online app a few weeks back and called today to ask the status and the woman said I was denied. Is an in store app easier and is it instant approval or denial?

You already answered your own question. Give it a try, nothing to lose.

Re: Lowes Denied with a high credit score

JoeLuvsHisCredit — Sun, 15 Jan 2017 19:07:12 GMT

I am so sorry. Have you try to call them for a recon? That's what I would do. Let us know what happen. Good Luck!!!!

Re: Lowes Denied with a high credit score

JoeLuvsHisCredit — Sun, 15 Jan 2017 19:08:29 GMT

I have better luck doing aps in stores.

Re: Lowes Denied with a high credit score

washpadude — Sun, 15 Jan 2017 19:09:25 GMT

@Anonymous wrote:
I currently have a Fico score from Experian of 806 and TU a score of 790 and was denied a Lowes card yet have an unsecired Wells Fargo card. I guess they do not want my business. I would go to Home Depot but the Snow Blower I wanted was only available at Lowes. Funny how people with a credit score of 660 have been getting a card from Lowes. I did an online app a few weeks back and called today to ask the status and the woman said I was denied. Is an in store app easier and is it instant approval or denial?

We did have a Lowe's store employee posting a couple of months ago. He indicated that in store employees can recon on your behalf to get a sale through. Is Wells Fargo your only card? Very thin file could get a denial perhaps. My scores are only mid-600's with a BK7 and my Lowe's is at 12k, and I burned Synchrony in BK.

Re: Lowes Denied with a high credit score

BronzeTrader — Sun, 15 Jan 2017 19:13:02 GMT

@washpadude wrote:
@Anonymous wrote:
I currently have a Fico score from Experian of 806 and TU a score of 790 and was denied a Lowes card yet have an unsecired Wells Fargo card. I guess they do not want my business. I would go to Home Depot but the Snow Blower I wanted was only available at Lowes. Funny how people with a credit score of 660 have been getting a card from Lowes. I did an online app a few weeks back and called today to ask the status and the woman said I was denied. Is an in store app easier and is it instant approval or denial?
We did have a Lowe's store employee posting a couple of months ago. He indicated that in store employees can recon on your behalf to get a sale through. Is Wells Fargo your only card? Very thin file could get a denial perhaps. My scores are only mid-600's with a BK7 and my Lowe's is at 12k, and I burned Synchrony in BK.

You burnt SyncB all $12K?

Re: Lowes Denied with a high credit score

washpadude — Sun, 15 Jan 2017 19:19:24 GMT

@BronzeTrader wrote:
@washpadude wrote:
@Anonymous wrote:
I currently have a Fico score from Experian of 806 and TU a score of 790 and was denied a Lowes card yet have an unsecired Wells Fargo card. I guess they do not want my business. I would go to Home Depot but the Snow Blower I wanted was only available at Lowes. Funny how people with a credit score of 660 have been getting a card from Lowes. I did an online app a few weeks back and called today to ask the status and the woman said I was denied. Is an in store app easier and is it instant approval or denial?
We did have a Lowe's store employee posting a couple of months ago. He indicated that in store employees can recon on your behalf to get a sale through. Is Wells Fargo your only card? Very thin file could get a denial perhaps. My scores are only mid-600's with a BK7 and my Lowe's is at 12k, and I burned Synchrony in BK.
You burnt SyncB all $12K?

No, my Lowe's limit is at 12k. I had Sam's Club and Amazon prior to BK, burned Synchrony for about 5k. Currently, Synchrony has extended me about 40k in credit, so I guess they weren't too upset about the BK.

Re: Lowes Denied with a high credit score

BronzeTrader — Sun, 15 Jan 2017 19:20:38 GMT

@washpadude wrote:
@BronzeTrader wrote:
@washpadude wrote:
@Anonymous wrote:
I currently have a Fico score from Experian of 806 and TU a score of 790 and was denied a Lowes card yet have an unsecired Wells Fargo card. I guess they do not want my business. I would go to Home Depot but the Snow Blower I wanted was only available at Lowes. Funny how people with a credit score of 660 have been getting a card from Lowes. I did an online app a few weeks back and called today to ask the status and the woman said I was denied. Is an in store app easier and is it instant approval or denial?
We did have a Lowe's store employee posting a couple of months ago. He indicated that in store employees can recon on your behalf to get a sale through. Is Wells Fargo your only card? Very thin file could get a denial perhaps. My scores are only mid-600's with a BK7 and my Lowe's is at 12k, and I burned Synchrony in BK.
You burnt SyncB all $12K?

No, my Lowe's limit is at 12k. I had Sam's Club and Amazon prior to BK, burned Synchrony for about 5k. Currently, Synchrony has extended me about 40k in credit, so I guess they weren't too upset about the BK.

I guess it is like a marriage, love and hate!!

Re: Lowes Denied with a high credit score

AverageJoesCredit — Sun, 15 Jan 2017 19:36:53 GMT

Sorry op for denial. Perhsps you can give a few more details on your profile. If its thin like mentioned that could be the problem but your scors are really good. This could just be the case that scores arent the only thing looked at when apping. If your credit history is short or new could be a factor.

Re: Lowes Denied with a high credit score

Anonymous — Sun, 15 Jan 2017 20:23:31 GMT

Longest account is 7 years. Have a car payment as well as the Wells Fargo card. No lates no derogatory's and no public records. One inquiry on EX but none on TU or EQ. Think I might apply in person. I am looking to get a snow blower, Amazon has the same one I was looking at online at Lowes, a little cheaper as well. Just for the heck of it I applied for the Amazon card and was approved for $2200.00. roblem is they have scheduled delivery and I doubt they have scheduled deliveries on Saturdays. Also I would have to put it together from Amazon where Lowes would do the assembly and might be able to get a Saturday delivery from Lowes.

Re: Lowes Denied with a high credit score

Anonymous — Sun, 15 Jan 2017 21:03:49 GMT

If it's only your car payment and the Wells Fargo Card, the denial was most likely from lack of revolving credit line experience. Will the Wells Fargo Card cover the amount to purchase the snow blower? Or you're after for the discount offered by the Lowes Card itself? If you really want a Lowes Card, have you checked the American Express Lowes Business Card? Not sure how much discount they give. Not a business owner you'll say next. If you "sell" stuff on EBay, that falls under sole proprietorship business owner.

This is is a whole new topic you can read up on. Are you preparing for the snow storm coming through? I heard it's gonna be bad. Maybe it'll lessen. Stay safe !!!

Re: Lowes Denied with a high credit score

Anonymous — Sun, 15 Jan 2017 21:11:51 GMT

@Anonymous wrote:
Longest account is 7 years. Have a car payment as well as the Wells Fargo card. No lates no derogatory's and no public records. One inquiry on EX but none on TU or EQ. Think I might apply in person. I am looking to get a snow blower, Amazon has the same one I was looking at online at Lowes, a little cheaper as well. Just for the heck of it I applied for the Amazon card and was approved for $2200.00. roblem is they have scheduled delivery and I doubt they have scheduled deliveries on Saturdays. Also I would have to put it together from Amazon where Lowes would do the assembly and might be able to get a Saturday delivery from Lowes.

Congrats on the approval.

Did you get an interest free period with your card? If not what is the APR? Are you going to PIF when you get the bill or carry a balance?

Re: Lowes Denied with a high credit score

AverageJoesCredit — Sun, 15 Jan 2017 21:39:59 GMT

Way to go on your Amazon. You should be able call up Credit Solutions and bump that baby up if you so desire. You may want to look into getting one more cc to help maximize your acore and give you some leeway when applying to show you have a coiple of revolving tradelines. Perhaps an Amex or Discover. Best of luck

Re: Lowes Denied with a high credit score

Anonymous — Sun, 15 Jan 2017 21:53:03 GMT

@Anonymous wrote:
@Anonymous wrote:
Longest account is 7 years. Have a car payment as well as the Wells Fargo card. No lates no derogatory's and no public records. One inquiry on EX but none on TU or EQ. Think I might apply in person. I am looking to get a snow blower, Amazon has the same one I was looking at online at Lowes, a little cheaper as well. Just for the heck of it I applied for the Amazon card and was approved for $2200.00. roblem is they have scheduled delivery and I doubt they have scheduled deliveries on Saturdays. Also I would have to put it together from Amazon where Lowes would do the assembly and might be able to get a Saturday delivery from Lowes.

Congrats on the approval.

Did you get an interest free period with your card? If not what is the APR? Are you going to PIF when you get the bill or carry a balance?

Sorry just did research on the Amazon Card with the special financing.

I don't have store cards that's why I asked the question.

Re: Lowes Denied with a high credit score

Anonymous — Mon, 16 Jan 2017 00:39:57 GMT

Well I went in person and applied and was still denied. No idea why but it does not matter. The people at Lowes did not want to seem to make a sale as I was looking at he snow blowers for a good half hour and not one person asked if I needed help and sales people or store associates were walking by practically the whole time. When I finally dod get someone I asked about financing and he told me that customer service would be able to handle that. I went to CS and asked about how long it would take to get a response from a credit app and she was going to hand me an app until I asked if they do it in the store. They seemed to be really bothered that I was taking up their time so Lowes does not desrve my cash business let alone an account from them. I can get interest free financing for twelve months with Amazon and as long as it is paid in full by twelve months no interest. I can make the purchase and pay it off before twelve months. Lowes also wanted 65 for delivery and with Amazon I can get free scheduled delivery.

Re: Lowes Denied with a high credit score

JoeLuvsHisCredit — Mon, 16 Jan 2017 06:26:42 GMT

So Sorry for the troubles. Good luck on finding the blower .

Re: Lowes Denied with a high credit score

sarge12 — Mon, 16 Jan 2017 10:01:21 GMT

@Anonymous wrote:
Well I went in person and applied and was still denied. No idea why but it does not matter. The people at Lowes did not want to seem to make a sale as I was looking at he snow blowers for a good half hour and not one person asked if I needed help and sales people or store associates were walking by practically the whole time. When I finally dod get someone I asked about financing and he told me that customer service would be able to handle that. I went to CS and asked about how long it would take to get a response from a credit app and she was going to hand me an app until I asked if they do it in the store. They seemed to be really bothered that I was taking up their time so Lowes does not desrve my cash business let alone an account from them. I can get interest free financing for twelve months with Amazon and as long as it is paid in full by twelve months no interest. I can make the purchase and pay it off before twelve months. Lowes also wanted 65 for delivery and with Amazon I can get free scheduled delivery.

If they denied you credit, by law they must mail you a rejection letter stating the reason...with scores that high it has to be something else, and you need to know what it is reguardless.

Re: Lowes Denied with a high credit score

Anonymous — Wed, 25 Jan 2017 01:52:10 GMT

UPDATE: In today's mail I received a letter in refernce to the Lowes CC app. It was a denial letter and the reason was that the application was to recent. I then called Sync bank and told them I received this letter but not the other one that I should have received by now. After talking to numerous people I found out the reason for the first denial was I placed a freeze on my EQ credit report. I realized this after I put the first app in on-line so I had the feeze removed and applied in person, was denied again and the reason was in the letter today. After talking to the various people the last person I talked to said apply again and when you are denied call right away and we can then see if their is something we can do.

I went today and asked for a credit manager in Lowes. The guy told me they do not have a credit manager in the store but that he could help me. I went through the whole problem and he understood. He got someone on the phone and they said have him do the app again which I did and again it was denied but he oticed that the computer screen did not do anything but give the denial. He said the process did not even go through what it was supposed to so he got someone else on the phone, was talkig to her and then he put me on with her. After confirming my identity over the phone to her she said I am apporved for $6000.00. So in the end it all worked out and instead of buying the sow bloer through Amazon I bought it through Lowes. With Amazon I would have paid hudreds more but have 12 months to pay it with no interest. With Lowes I bought it for a few hudred less but only have 6 months interest free financing, on the other hand my credit score should not drop by much because I am under 30% of my credit limit with what I financed on the card. I also found out that you can make payments at the store on the CC so I wil be paying it at the store instead of on line. That way it is credited right away and I can make the paymets in cash. Had I of paid it online the Sync bank would hve had the routing and checking accout numbers. They might try to take more than they are supposed to or maybe take a payment when the balance is paid off. Who really knows if that woulfd happen so why take a chance.

By the way I told the Lowes rep who heped out that he needs to give me his ID number so that Lowes will know it was him when I write a complinenting letter. It seemed like he was the only person who knew the procedeure that ayone I dealt with in the store should have done but did not.

Re: Lowes Denied with a high credit score

JoeLuvsHisCredit — Wed, 25 Jan 2017 02:02:00 GMT

I am so happy for you If I was you I would ask for a CLI when you receive the card. Alot of people done it and got a BIG cli Since your score is so high I bet you will get the limit up to near 20K to 25K they will counter you if you are not approve for the whole amount so ask for 25K since they started you at 6K

Re: Lowes Denied with a high credit score

Anonymous — Wed, 25 Jan 2017 03:02:35 GMT

As joe stated I was approved for 4500 in store. I called 45min later ( thanks to this forum) and they raised it to 30k.
I can do almost any home project now without being way over on UTI on this card! I did all my flooring with the financing and it was a great experience!