topic Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER? in Credit Card Applications

WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 06:46:49 GMT

Hey All,

Quick Question for anyone who can shed light....... Does it matter or effect your app approval, app denial or SL, if you apply online for a card at a certain time of day? For example, if I apply for a credit card online (any card, doesn't matter), on say, Sunday night at 2am, will taht effect if you are approved or not, or what your SL will be? Should you apply, say Monday thru Friday, between 9am and 5pm, during normal hours, or the do the algorithms process the applications exactly the same 24hrs a day, 7 days a week? Just curious. Thaks for the input. I'm very interested to hear you'alls oppinions.

Mark

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 06:52:15 GMT

If you apply online, its usually the computer that decides based on your credit file. Time doesn't really matter unless if you're applying through phone.

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 07:13:02 GMT

Thank you! You would think, the time of day or day wouldn't matter, but these are the crazy things that go through your head when applying for cc cards. Hahaha. Thanks for the solid advice

Mark

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 07:27:16 GMT

I'll add one more thing, if the computer could not determine whether its an approval or denial, your case moves to LO (based on my experience with customers applying for Home Depot credit card). In that case, yeah time does matter for recon call (and applying through phone). FNBO is different, your application goes straight to LOs, if they haven't changed it.

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 07:31:55 GMT

Well, that is interesting. The computer can actually come to a stalemate or draw, and not make a decision either way? Wow. I nevver knew that. I know if you don't have any other accts w a bank, they will 7-10 day message you to verify identity then approve, but not coming to a decision? Really? With the time of day, I just feel like, ok, here I am at 330am at night in NYC, cause I work late, and want to apply for a card. Do I pull the trigger online at 33am Sunday early morning? LoL, or wait till Monday betweem 9-5pm? Crazy credit game

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 07:32:49 GMT

DOES IT MATTER??

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 07:39:57 GMT

I will have to reword it, its straight up denial (Sorry!). If approval can't be determined, denied right away. Just pull the trigger and find out lol. If you got denied, call recon. If I were you, check your lender's website on what time their CSR is open and apply through phone.

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

blindambition — Sun, 28 Oct 2018 07:39:26 GMT

It’s always by algorithm. While I don’t think time matters, your location when applying can matter.

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 07:42:45 GMT

Sounds like a plan!! Thank you. HAve you ever heard of Recon overturning a denial and approving?

Thx

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 07:44:20 GMT

Makes sense the algorithm, but how does location come into play on what day and time you apply, like late on a Sunday? Thanks.

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

blindambition — Sun, 28 Oct 2018 07:49:12 GMT

If you are far from home address when applying, system can flag as potential fraud... stolen information.

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 15:51:20 GMT

Actually mine is. I'll start with Barclays Uber.  I cold-apped and was instantly denied. Called recon and was denied too.  Called like 45 mins. later and was the same lady I talked to earlier. I requested to move to a supervisor or LO, which she does but no one answered. She then offered to move my case to another department, gave me my case # and phone # to call. Went to sleep and woke up to an email stating an approval. Moving on to PenFed, I applied through phone and after getting some of my details, representative went to loan officer and after around 5 mins. I was denied as stated by representstive due to short credit history (mainly because of no installment loans). Offered me to get a co-borrower so my chances are higher. Called later to another representative and requested a LO. Operations manager took up the phone and offered to get my case to a LO, no success. OP manager moved my case to senior LO and got approved.

EDIT: I didn't even get to use the co-borrower information for PenFed.

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 07:54:06 GMT

OK, I understand!!!!! Yes, makes total sense. I am on my computer at home. It's crazy, I never thought of that though. Geez. Thx

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 07:56:49 GMT

Wow...That's awesome!!! Congrats. What did they ask you? Or did they just approve? Wow? I never ever though to do that. Hey, side note, can anyone get a pen fed or nfcu or other credit union card? Any work arounds? The NFCU gives big limits!!

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 08:14:28 GMT

The stuff they ask you is your details for verification. Other than that, you explain the stuff from your CR that they don't like. I tried to explain my short credit history with the OP manager which she then tried to move my case to LO. Different LOs can have different opinion on the same CR.

NFCU: Either you are in the military or immediate family of military member.

PenFed: Either you are in the military, or immediate family, or make a donation to a veteran organization, which I forgot the name.

Depending on your associations (places where you work, live, etc.), you may get a membership for Credit Unions.

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 08:05:08 GMT

Thanks for all the advice!! Much appreciated

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 08:15:46 GMT

Let us know the result, and post to Approval section once approved.

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 08:26:29 GMT

Pulling the trigger. Any reccommendations on which BOA card to go for? I could use all the rewards types? Cash, Travel and Premium Rewards. Do you know which has a decent minumum starting limit? Meaning, which gives the highest limit? Would love a BIG SL. LoL. Thoughts?

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

odd_dog — Sun, 28 Oct 2018 16:18:07 GMT

@Anonymous wrote:
Pulling the trigger. Any reccommendations on which BOA card to go for? I could use all the rewards types? Cash, Travel and Premium Rewards. Do you know which has a decent minumum starting limit? Meaning, which gives the highest limit? Would love a BIG SL. LoL. Thoughts?

Since you asked I must put in here that questions and interest in "BIG SL" and "is the card metal" is really vanity and NOT credit. Worry about getting a card that you can use, and if it has rewards, that those rewards WORK for your lifestyle. ALMOST any card's CL can grow and that is what credit is all about it is a marathon not a quick "great feeling" sprint. Get approved for a card that will work for you and GROW the CL by paying off and responsible use....GOOD LUCK in applying!!!!!

Re: WHEN TO APPLY ONLINE? (TIME OF DAY) DOES IT MATTER?

Anonymous — Sun, 28 Oct 2018 19:28:27 GMT

Good advice. You can get really carried away w this whole credit game!!!!!!! Thanks again. Going to hold off for a few days and think this through!!!

M