topic Re: Discover doesn’t do recons? in Credit Card Applications

Discover doesn’t do recons?

Anonymous — Sat, 29 Jun 2019 21:16:08 GMT

I just called a recon number for discover that I found here, and the woman told me they don’t do reconsiderations, but that I could submit a new application. I received a pre-approval in the mail so I was pretty bummed that I got a denial. Denial reason is “collection” which is a collection from 3 years ago.

Has discover stopped doing recons? Any advice here or should I give up on it.

Re: Discover doesn’t do recons?

FinStar — Sat, 29 Jun 2019 21:36:11 GMT

Discover has been known for quite sometime for not doing reconsiderations. IIRC, in extenuating circumstances through their EO, some decisions could be overturned if an error occurred, but that was back in the day. However, since their UW process is entirely automated, decisions cannot be overriden, unfortunately.

Re: Discover doesn’t do recons?

Anonymous — Sat, 29 Jun 2019 21:39:53 GMT

Bummer. Thank you for the info.

Re: Discover doesn’t do recons?

pinkandgrey — Sat, 29 Jun 2019 21:40:46 GMT

Here’s what you do:

Start a new application

Add at least one 0 to your income

Voila

Obviously I’m kidding lol..Sorry about the denial, but it’s probably a no-go with Disco. Don’t worry, though! Discover is highly forgiving and you can always reapply in a few months.

Re: Discover doesn’t do recons?

kdm31091 — Sat, 29 Jun 2019 22:41:26 GMT

Unfortunately there's no recon with Discover. You just have to wait and give it another try down the road.

As someone else mentioned, years ago I think they had more wiggle room with decisions, but it's entirely automated now.

Re: Discover doesn’t do recons?

Anonymous — Sat, 29 Jun 2019 23:50:47 GMT

I had luck turning a application hold/review into a approval and 3k SL over the phone but it was not a ouright denile. Sorry about the shoot down,, dont give up on them i find them a great lender to deal with and enjoy my cash back card. good luck

Re: Discover doesn’t do recons?

CreditCuriosity — Sun, 30 Jun 2019 00:38:53 GMT

Computer runs all at discover the CSR/UW or whatever appear not to be able to override anything that the computer says. Pretty black and white with them. Sure on some very rare cases something might be able to be done on EO level, but yet to be seen on anything since I have been on forum.

Re: Discover doesn’t do recons?

Anonymous — Sun, 30 Jun 2019 05:34:54 GMT

Did the "pre approval" offer letter in the mail have a set APR? I was wondering if it wasn't just a marketing ploy.

The reason I ask is that's what happened to me in February. I was pre approved for secured card on their site, and got that letter in the mail. Instant denial after applying. Then the following 2 months I received online pre approvals for all their cards. Applied and voila $9500 limit.

So you may want to wait a few months then check pre approvals via the website.

PS I also have a paid collection on my report plus 4 "90" day late student loan payments from 2015 and early 2018.

Re: Discover doesn’t do recons?

Anonymous — Sun, 30 Jun 2019 07:14:25 GMT

They make absolutely no sense.

Re: Discover doesn’t do recons?

Meanmchine — Sun, 30 Jun 2019 23:52:23 GMT

Every week, go to teir preequal website and see of there are ny offers for you. If one pops up, TAKE IT. Rise and repeat til they say yes

Re: Discover doesn’t do recons?

CAS2019 — Mon, 01 Jul 2019 16:36:46 GMT

Was the letter an actual preapproval or more of a prequalify? I always understood that unless the actual wording stated “preapproved”, all others were only marketing “prequalified” letters. Am I wrong with this?

Re: Discover doesn’t do recons?

Anonymous — Tue, 02 Jul 2019 00:30:15 GMT

My understanding is you can usually tell by the listed APR. If it's a single number (e.g. 17.49%) that means it's pre-screened via a soft pull. If it's a range (e.g. 14.99% - 19.99%) then it came from the marketing department and they didn't run your credit before sending it.

Same thing with online pre-approvals, in its online tool Discover gives pre approvals (with a single APR) and recommendations to apply (with a range), and they look basically the same but only the single APR pre approvals are actually likely to be approved.