topic Re: Need help with Discover in Credit Card Applications

Need help with Discover

Anonymous — Sat, 08 Feb 2020 02:00:54 GMT

I been trying to prequalify with Discover since a while. Previous relationship is the reason of the denial. Today I logged into Experian and it shows these offers. Is it worth applying or not?

Re: Need help with Discover

Anonymous — Sat, 08 Feb 2020 02:11:12 GMT

No. Experian has no way of knowing if Discover will approve you. They are just showing you offers based on people who were approved with similar scores.

Experian tells me I am 99% matched for an American Express and Chase card. I have a bankruptcy on my credit report. Chase will auto decline me as long as it is on my report. Amex will auto deny because I am not 5 years post filing or discharge. Experian card match is just marketing.

Re: Need help with Discover

addicted_to_credit — Sat, 08 Feb 2020 02:12:43 GMT

If that's on the Experian website it's not a pre qualify, it's just marketing in Experians part. You can go to the discover site and check there though. Prequals through disco are usually pretty solid too so if you get one you're probably good to go as long as everything matches up when they do the HP. Just make sure your income matches what's on your taxes because disco has been giving the ax to people that their income didn't match.

Re: Need help with Discover

Anonymous — Sat, 08 Feb 2020 02:14:34 GMT

I'd try Discover's prequal site. If you had a prior write-off, that may need to be paid before they'll warm up to you.

The Experian site shows you what it thinks you'd match based on your current profile, but they may not know about a prior collection or blacklist status.

Re: Need help with Discover

Anonymous — Sat, 08 Feb 2020 03:19:10 GMT

Not reliable. Discover prequalified offers are solid when from their own site

Re: Need help with Discover

SarahJo — Sat, 08 Feb 2020 03:41:46 GMT

Just to chime in, Discover site preapprovals are not always "solid," either. Ask me how I know, haha.

OP, the card recommendations on most sites that do not belong to said card's lender are generally pure rubbish, though definitely tempting. And again, even a lender's preapproval is not guaranteed. Research research research (use the forum search function here for prior approval profiles) 🍀

Re: Need help with Discover

mrfufoppss — Sat, 08 Feb 2020 04:09:58 GMT

Try The Discover site pre approval if they show no offers..dont apply

Re: Need help with Discover

Anonymous — Sun, 09 Feb 2020 16:41:43 GMT

@Anonymous wrote:
No. Experian has no way of knowing if Discover will approve you. They are just showing you offers based on people who were approved with similar scores.

Experian tells me I am 99% matched for an American Express and Chase card. I have a bankruptcy on my credit report. Chase will auto decline me as long as it is on my report. Amex will auto deny because I am not 5 years post filing or discharge. Experian card match is just marketing.

Thanks for the info. I will wait then.

Re: Need help with Discover

Remedios — Sun, 09 Feb 2020 17:04:14 GMT

@Anonymous if they were included in your relatively recent BK, it's going to be a while.

For some people, it might happen after 2-3 years, but most need longer than that.

Re: Need help with Discover

pinkandgrey — Sun, 09 Feb 2020 18:50:52 GMT

That looks like more of matching tool than a prequal. I would check Disco's own site.

Good luck!

Re: Need help with Discover

seattletravels — Mon, 10 Feb 2020 00:03:27 GMT

What's the previous relationship and how long ago?

Re: Need help with Discover

Anonymous — Wed, 12 Feb 2020 01:13:56 GMT

@seattletravels wrote:
What's the previous relationship and how long ago?

Included in Chapter 7 back in May 2017.

Re: Need help with Discover

Anonymous — Wed, 12 Feb 2020 01:14:55 GMT

@Remedios wrote:
@Anonymous if they were included in your relatively recent BK, it's going to be a while.
For some people, it might happen after 2-3 years, but most need longer than that.

Yes they were.

Re: Need help with Discover

laurenjarrod — Wed, 12 Feb 2020 23:08:16 GMT

I used the prequalify option on their site which told me I was pre-approved. I then applied and I was formally approved. I felt pretty confident based on the prequalificaiton that I could take the chance, although I knew it wasn't 100% a possibility.

I've used other sites preqality option and received a message that they couldn't match me with a preqialified offer. I didn't formally apply as I don't want the hard inquiry on my report.

Re: Need help with Discover

joltdude — Thu, 13 Feb 2020 16:17:38 GMT

Discovers own prequalify is very accurate (nothings a hundred percent) ... even more so if you subscribe to Discovers Credit Scorecard..... (which will give you a free fico score once a month from a bureau DIFFERENT than included in discover's own card)... They are forgiving.. and 2 years more or less is about right... All the websites and such are almost entirely marketing... no substance...

-J

Re: Need help with Discover

Anonymous — Thu, 13 Feb 2020 22:13:04 GMT

i hate those 3rd party matches.

such a tease.

good luck on getting back in with discover, op