topic What does reconn mean in Credit Card Applications

What does reconn mean

Anonymous — Sun, 17 Sep 2017 07:31:53 GMT

I applied for a Walmart card today and got message should hear something in 10- 14 days. Read where someone reconned before the10 days and was approved. Not sure how to do that?

Re: What does reconn mean

Anonymous — Sun, 17 Sep 2017 08:18:08 GMT

There are certain banks, upon receiving a denial, you can call them for reconsideration on their decision, aka, recon. This usually requires answering questions on your credit profile etc.

Im not aware that Sync (bank that offers the Walmart credit card), can be reconned, but I could be wrong.

Re: What does reconn mean

UncleB — Sun, 17 Sep 2017 21:42:11 GMT

Hi @Anonymous, and welcome to myFICO!

Here's a link to a thread that lists common terms/abbreviations used on myFICO: http://ficoforums.myfico.com/t5/User-Guidelines-General/Common-Abbreviations/td-p/88458

Re: What does reconn mean

Anonymous — Mon, 18 Sep 2017 00:33:39 GMT

Thanks the list helps alot

Re: What does reconn mean

Anonymous — Mon, 18 Sep 2017 00:59:25 GMT

oops...I have been staking out my local Chase bank for 2 weeks.

Re: What does reconn mean

CreditMagic7 — Mon, 18 Sep 2017 13:55:27 GMT

It's been said that synchrony does not do reconsiderations.

That being said CHAT is always been a favorite method of choice for many good results and if no joy give it some time (and usage/PIF) and make absolutely sure you do whatever you can to raise your FICO TU Score.

They watch that like a hawk and positive movement upwards on that generally improves your chances everytime.