topic Re: Marvel Credit Card Application in Credit Card Applications

Marvel Credit Card Application

Anonymous — Sat, 14 Oct 2017 12:43:45 GMT

This is my first post as I just started with MyFico. I applied for the Marvel card before reading all of the posts that you need around a 680 TU for this card. I thought they were only going to pull my TU report which currently sits at 630 Fico 8 score, I just got an alert that says they not only pulled TU they pulled my Equifax report too (592). Now I took a HP on two credit reports. I believe I will be denied based on what I have seen on here but do you all think if I called and requested them to pull Experian also which is at a 650 I might be able to get a GW lower limit approval for this card?

Re: Marvel Credit Card Application

AverageJoesCredit — Sat, 14 Oct 2017 13:53:09 GMT

Hi welcome to myfico. Normally if Sync pulls 2 credit bureaus for an app it means you were probably borderline. I dont think you can offer to have them pull a specific bureau. They usually pull who they want to pull and thats usually the endword. Sync goes alot by what the computer says. Good luck on the app though

Re: Marvel Credit Card Application

Anonymous — Sat, 14 Oct 2017 15:42:41 GMT

Sync isn't known to do recons because they love their AI robot for making decisions. Still, it never hurts to request a recon and see, but I haven't seen many data points about it.

There's absolutely no guarantee which CB will get pulled, and because there are nearly record high chageoffs happening right now, it's even likely that a creditor may pull two if they're concerned with the first one.

Do you have anything on your reports within your control that you can fix to get your scores higher? Is your utilization over 40% on any individual card showing a balance? Are you reporting a balance on more than one card? Do you have any chargeoffs reporting a balance due?

Re: Marvel Credit Card Application

Anonymous — Mon, 16 Oct 2017 15:41:16 GMT

Thank you for your replies. My credit utilization for September is 21%, I am fresh out bankruptcy Discharge 07/28. My Equifax is so low because they haven't clearned the collections to read closed yet I am still fighting with them for 2 months now. My Experian report is clean I wish they would have pulled that one but oh well. I should probably garden for a while and let my current cards grow a little and see if my scores will go up.

Re: Marvel Credit Card Application

JR_TX — Mon, 16 Oct 2017 18:50:37 GMT

Hi Victoria and welcome to the myFICO community!

Sorry to hear about your Marvel denial. Since that card is one of Synchrony’s flagships, it’s typically harder than most of their cards to qualify for, which you’re right, requires about 670+ TU FICO8. I myself, am a rebuilder as well so I can feel your frustration.
Best of Luck and may I recommend this thread for you?...

http://ficoforums.myfico.com/t5/Bankruptcy/HOW-TO-From-BK7-discharge-to-700-in-24-months-or-less/m-p/1384075/highlight/true#M9218

Re: Marvel Credit Card Application

Anonymous — Mon, 16 Oct 2017 19:13:48 GMT

Sorry to hear you didn't make it on this application for the Marvel Card, but as you work to get your scores improved, you can give it another try once your TU gets past 670/680 and you get your utilization down some. I'd like to get this card myself because of its bookstore/media rewards, but my TU is 659; I don't know my current EQ but the last time I got an update (from Lenny, before they stopped giving free EQ scores) it was 688, and my EX is 694. That being said, I need Care Credit more right now.

Re: Marvel Credit Card Application

Meanmchine — Tue, 17 Oct 2017 05:28:50 GMT

Hi Victoria and welcome

A few years ago, I did the same thng as you except I applied for the Ebates card. I was a solid rebuilder at the time. With your TU score, there are a few Synchrony cards you could get, Walmart store card being one of them.

Good luck

Re: Marvel Credit Card Application

thummel — Tue, 17 Oct 2017 06:11:51 GMT

Marvel I think is one of there harder cards because it’s a visa and I would think anything under a 680 is iffy at that point.

Re: Marvel Credit Card Application

AverageJoesCredit — Wed, 18 Oct 2017 01:07:31 GMT

Actually a mastercard just in case we start a Fico stampede to get the new Sync Marvel Visa fyi doesnt exist fans!!

Re: Marvel Credit Card Application

Anonymous — Wed, 22 Nov 2017 17:54:20 GMT

Some of the fine print on the Marvel credit card website has me curious. First it says purchases are subject to credit approval. What does this mean? Is this standard language that all credit card companies use? I admit, I haven’t been reading all the fine print in the other credit cards. Next ticket purchases cannot be made on line and a fee of $5 per ticket. What??? On the surface, it looks like a great card, but I don’t know about these stipulations.

Re: Marvel Credit Card Application

Meanmchine — Sat, 25 Nov 2017 01:10:59 GMT

To heck with the Marvel card. Synchrony should come out with a Walking Dead Visa. Id bolt out of the garden so fast ............

Re: Marvel Credit Card Application

LShan82 — Tue, 06 Mar 2018 05:55:17 GMT

hi guys, is it still the general rule that TU should be at 680 for this card? TIA

Re: Marvel Credit Card Application

CreditGuy03 — Tue, 26 Jun 2018 15:26:40 GMT

I have learned some things about Sync B

1. They suck

2. They will close your accounts for returned payments

3. You need a 680 to have a fighting change. Some say preferably 710 for this card

4. They don't do recons

5. If you run a monthly balance and then pay if off suddenly they will cut your limit

6. If you are at a low limit for too long. They will just close your account for laughs and giggles and you wont know until you run your card in public and it is declined

7. They suck

Re: Marvel Credit Card Application

AverageJoesCredit — Tue, 26 Jun 2018 23:39:33 GMT

Any bank can close your account for returned payments. I've had no issues paying down my limit as soon as it post. It is true Sync doesnt fo recons. If you dont use your card for a long time, yes they can balance chase or close account. Are there issues you having with your credit profile that is making Synchrony reduce their risk?. Not many banks out there will give increases in credit like Synchrony if you take care of your credit. They have their issues but again so do all banks.

Re: Marvel Credit Card Application

Anonymous — Wed, 27 Jun 2018 11:23:56 GMT

Agreed with AJC. Also, I've been previously wanting the Marvel MC for this summer, but I've recently had to reassess since my TU FICO is stubbornly hovering in the mid-660's (with a brief blip upward in the 670's) for close to a year now while EX and EQ are both comfortably in the 680-690 range. From what I read, the Paypal 2% MC is easier to get and gives straight 2% across the board; my main concern is whether that old (closed) Bill Me Later account, since Synchrony just took over Paypal Credit, will hurt my app once I make it.

Re: Marvel Credit Card Application

outofcredit — Wed, 27 Jun 2018 14:21:18 GMT

@Anonymous wrote:
Agreed with AJC. Also, I've been previously wanting the Marvel MC for this summer, but I've recently had to reassess since my TU FICO is stubbornly hovering in the mid-660's (with a brief blip upward in the 670's) for close to a year now while EX and EQ are both comfortably in the 680-690 range. From what I read, the Paypal 2% MC is easier to get and gives straight 2% across the board; my main concern is whether that old (closed) Bill Me Later account, since Synchrony just took over Paypal Credit, will hurt my app once I make it.

My understanding is that the Bill Me Later accounts (now just plain Paypal Credit) were backed by Comenity Bank. The 2% Mastercard has always been backed by Synchrony. I would think apping for the 2% Mastercard before the Synchrony's acquistion of the regular Paypal Credit accounts would not result in a denial based on the prior relationship with Comenity Bank. They allow both accounts to be linked to a Paypal account just like they allow multiple checking accounts to be linked to a Paypal account. My thinking is you may be able to app the 2% MC before Synchrony takes over Paypal Credit officially (July 2, 2018) and not have the old Bill Me Later account prohibit approval. Maybe someone more knowledgeable can advise.

Re: Marvel Credit Card Application

Anonymous — Wed, 27 Jun 2018 16:38:57 GMT

@outofcredit wrote:
@Anonymous wrote:
Agreed with AJC. Also, I've been previously wanting the Marvel MC for this summer, but I've recently had to reassess since my TU FICO is stubbornly hovering in the mid-660's (with a brief blip upward in the 670's) for close to a year now while EX and EQ are both comfortably in the 680-690 range. From what I read, the Paypal 2% MC is easier to get and gives straight 2% across the board; my main concern is whether that old (closed) Bill Me Later account, since Synchrony just took over Paypal Credit, will hurt my app once I make it.
My understanding is that the Bill Me Later accounts (now just plain Paypal Credit) were backed by Comenity Bank. The 2% Mastercard has always been backed by Synchrony. I would think apping for the 2% Mastercard before the Synchrony's acquistion of the regular Paypal Credit accounts would not result in a denial based on the prior relationship with Comenity Bank. They allow both accounts to be linked to a Paypal account just like they allow multiple checking accounts to be linked to a Paypal account. My thinking is you may be able to app the 2% MC before Synchrony takes over Paypal Credit officially (July 2, 2018) and not have the old Bill Me Later account prohibit approval. Maybe someone more knowledgeable can advise.

If that's so, then I'll have to do this real soon - it's already June 27th. I had been planning to wait until sometime in July or even later, but if you're right I'll need to screw my courage to the sticking-point and pull the trigger by this weekend. I know that over in Credit Card Approvals I did find a thread where at least one person reported being able to get a fairly decent SL on the Paypal 2% with a 2013 BK and scores lower than mine on all three CRA's, so.