topic Re: Blispay Visa Application in Credit Card Applications

Blispay Visa Application

Red1Blue — Thu, 13 Apr 2017 23:58:56 GMT

I have applied for Blispay VISA. They asked me to call them for verification and I answred their questions. They said verifcation is complete and they will process the application and send me an email with status. My EX 687. Some baddies and lates reported. I am working on getthing them resolved and removed. What are my chances of approval.

Re: Blispay Visa Application

Anonymous — Fri, 14 Apr 2017 00:21:30 GMT

50/50. Doesn't matter if your score is 600... or 700... or 800. It's always 50/50 with Blispay. The most common denial reason is failure to verify identiy. Which, BTW, is complete BS so if that happens to you do everything in your power to recon it. A member on here recently had success by emailing the CEO himself upon denial and ultimately it was reversed to an approval.

Re: Blispay Visa Application

Red1Blue — Fri, 14 Apr 2017 00:35:03 GMT

@Anonymous wrote:
50/50. Doesn't matter if your score is 600... or 700... or 800. It's always 50/50 with Blispay. The most common denial reason is failure to verify identiy. Which, BTW, is complete BS so if that happens to you do everything in your power to recon it. A member on here recently had success by emailing the CEO himself upon denial and ultimately it was reversed to an approval.

Thanks. I called them and gave them information they asked. They said I'll recieve an email with in the next 2-3 days with their decision. I guess now I have to wait and see what happens with the application.

Re: Blispay Visa Application

Anonymous — Fri, 14 Apr 2017 01:22:53 GMT

Yup. If you get a denial reason with anything other than failure to verify identiy, there's nothing you can do really. But, if you do get the BS denial reason suggested previously, send me PM and I'll give you the CEO's email and you can get in contact with him and likely within 24 hours stand a good chance at getting the denial turned into an approval.

Re: Blispay Visa Application

Red1Blue — Fri, 14 Apr 2017 02:13:11 GMT

@Anonymous wrote:
Yup. If you get a denial reason with anything other than failure to verify identiy, there's nothing you can do really. But, if you do get the BS denial reason suggested previously, send me PM and I'll give you the CEO's email and you can get in contact with him and likely within 24 hours stand a good chance at getting the denial turned into an approval.

Thank you very much for your help. I very much appreciate it.

Re: Blispay Visa Application

Red1Blue — Fri, 14 Apr 2017 19:47:37 GMT

I am still waiting to hear from them. I called them this morning again and they said it is still being processed and it might take another 1-2 busienss days. I'll wait till Tuesday next week and see if they approve it by that time. I hope the wait is worth it.

Re: Blispay Visa Application

bk510 — Sat, 15 Apr 2017 00:50:28 GMT

@Anonymous wrote:
50/50. Doesn't matter if your score is 600... or 700... or 800. It's always 50/50 with Blispay. The most common denial reason is failure to verify identiy. Which, BTW, is complete BS so if that happens to you do everything in your power to recon it. A member on here recently had success by emailing the CEO himself upon denial and ultimately it was reversed to an approval.

yep, denied due to failure to verify identity recently. Talked to " Anita" on the phone and asked her to submit a request to have my INQ removed and she submitted and asked me to check back in 45 days.

So we shall see........

Re: Blispay Visa Application

Anonymous — Sun, 16 Apr 2017 01:47:20 GMT

@bk510 wrote:
@Anonymous wrote:
50/50. Doesn't matter if your score is 600... or 700... or 800. It's always 50/50 with Blispay. The most common denial reason is failure to verify identiy. Which, BTW, is complete BS so if that happens to you do everything in your power to recon it. A member on here recently had success by emailing the CEO himself upon denial and ultimately it was reversed to an approval.
yep, denied due to failure to verify identity recently. Talked to " Anita" on the phone and asked her to submit a request to have my INQ removed and she submitted and asked me to check back in 45 days.

So we shall see........

So sorry that happened. BlisPay is a "hard nut to crack." I just happened to hit them at a good time, but many have had problems. Just wait a few months and get yourscores up and try again. Good luck!

Re: Blispay Visa Application

Anonymous — Sun, 16 Apr 2017 15:21:37 GMT

Failure to verify identity has got to be the worst and lamest reason for denial. I'm extremely surprised that Blispay having been around for a year now hasn't ironed out this incredibly common kink in their system. I'd say that MORE than 50% of their denial reasons are failure to verify identiy, where with ANY other creditor that reason is probably like 1%. It's obviously an internal Blispay issue. You'd think they'd want that resolved, as they're probably losing a ton of perfectly qualified, profitable customers for a completely bogus reason. They should have some sort of back up plan/policy. Like if their system spits back a "failure to verify identity" rather than close the book on the situation, Blispay should send out a letter requesting X number of forms of ID, like provide at least 3 out of 7 listed or something within 30 days and a human being will recon your app. A system like this while it could take 30 days to get someone approved would probably result in the large majority of "failure to verify identity" denials to be turned into approvals, which ultimately represents a win-win for both Blispay and the customer.

Re: Blispay Visa Application

Anonymous — Sun, 16 Apr 2017 16:14:38 GMT

That Blispay is falling down so badly on a basic procedure like this is probably the biggest factor keeping them out of my list of potential issuers for a Visa. If I should get any mailers from them at this point, given this shortcoming, I'm not sure whether I'd even bother to open the envelope.

Re: Blispay Visa Application

Anonymous — Sun, 16 Apr 2017 19:08:39 GMT

I actually emailed the Blispay CEO today about this. Just because it angers me for so many of you on this forum. I already have the card, so perhaps the CEO will listen to me more than someone writing just to complain about not getting approved. I basically informed him that he's losing out on a lot of potential customers (and good, profitable ones too) due to the "failure to verify identity" reason and that it's clearly an internal issue that needs to be revisted and rectified. I'll report back what I get for a response from Greg.

Re: Blispay Visa Application

Anonymous — Sun, 16 Apr 2017 19:22:39 GMT

Good. I trust you also told him that there are a large number of potential customers who are aware of this failure in basic procedures and will not consider applying until it is rectified. (EDIT: Apologies, I didn't read through completely - I see you did, in fact, do that.)

Re: Blispay Visa Application

Anonymous — Wed, 14 Jun 2017 00:08:31 GMT

That was my denial reason...Failure to verify identity...I don't know what kind of system they use, because I KNOW I got all of my verification questions correct...Oh well...I'm headed to the garden because I hate NO'S...

Re: Blispay Visa Application

-Cal- — Wed, 14 Jun 2017 19:45:35 GMT

Does anyone know what they use for identity verification? After seeing so many people get denied for this reason, I was concerned that both my wife and I were going to get denied. Fortunately, we didn't have a problem. I thought I would have been likely denied because I have literally everything frozen. I thought she might have problems because of her relatively new last name.

Re: Blispay Visa Application

Subexistence — Wed, 14 Jun 2017 20:02:45 GMT

Why would you want bisplay over citi DC, fidelity visa, paypal2%, or Amex Blue Business Plus? Also how does one manage to get CEO emails? Could the reason for vification issue be a cheap reason to allow Bisplay to avoid transactors?

Re: Blispay Visa Application

joltdude — Wed, 14 Jun 2017 22:03:59 GMT

@Subexistence wrote:
Why would you want bisplay over citi DC, fidelity visa, paypal2%, or Amex Blue Business Plus? Also how does one manage to get CEO emails? Could the reason for vification issue be a cheap reason to allow Bisplay to avoid transactors?

Because the 2% is practically instant, and you can get 6mo 0% APR financing on any purchase over 199$ (and currently you can get BOTH the 2% and the 6m offer on the same purchase)

There is no minimum for redemption.... no requirement for an account with a brokerage, or not have to qualify for a buisness card or PG...

Its also a hidden tradeline on 2 out of 3 bureaus... which means you can utilize the credit limit given without taking much of a hit (although it still reports on one CR).. EX if i recall...

As far as I can tell Paypal 2% does not offer deferred interest offers YET... and the 2% can get frozen in a paypal account....

Disclaimer I got the offer for the Paypal 2% on sunday.... 6/11/2017

Can't help you with the CEO but basically they are using cost cutting and passing the savings to the end user.. like a no frills ISP...

Hence why its not a Siggy or other rewards tier....

I have it.. it was worth it, but they really need to get their processes in order....

Re: Blispay Visa Application

805orbust — Thu, 15 Jun 2017 11:08:47 GMT

Totally agree with Subexistence. It's an out. They certainly don't have the financial backing of the big boys so that's their bs filter. My opinion of course and I pretty much ALWAYS think there's something going on behind the scenes.

Re: Blispay Visa Application

jdxprs1 — Thu, 15 Jun 2017 12:20:45 GMT

I believe it is business model. I think they expected the majority of their clints to come from midsize businesses that signed people up as a way to give zero interest financing.

The flood of internet apps worried them on identity theft.

Re: Blispay Visa Application

Anonymous — Thu, 15 Jun 2017 13:58:01 GMT

@jdxprs1 wrote:
I believe it is business model. I think they expected the majority of their clints to come from midsize businesses that signed people up as a way to give zero interest financing.

The flood of internet apps worried them on identity theft.

I think you're right. I just went back and looked at the Blispay site and they put a lot of emphasis on recruiting merchants. Which makes me wonder; have any significant merchants adopted Blispay as their co-branded card yet?

Re: Blispay Visa Application

Anonymous — Sun, 16 Jul 2017 05:45:09 GMT

I applied for the Bilsspay Visa and was DENIED because I have ONE "new" account on my file and they said I don't have a long enough credit history. I'm in my 50's and have had credit (in good standing) since I was 18. They pulled Experian and even called the recon dept, twice, but nope, they didn't even want to recon me because of one fairly new card opened this year. So unless you have NO new accounts in at least six months don't even bother your time with them. My EX score is in the low mid 700's, NO hard inqs in over a year and everything is paid on time. AMEX limit $12k, Chase Auto $5,340 (was $14k last year) + others.