topic Re: Lowes credit card in Credit Card Applications

Lowes credit card

razzy116 — Wed, 21 Oct 2020 00:46:52 GMT

I appt on the pre-approval lowes credit card, when i clicked the app it gave me a Apr 26 and also a 7 to 10 day review, was i denied? Thank you and be safe.

Re: Lowes credit card

AverageJoesCredit — Wed, 21 Oct 2020 01:18:14 GMT

@razzy116 wrote:
I appt on the pre-approval lowes credit card, when i clicked the app it gave me a Apr 26 and also a 7 to 10 day review, was i denied? Thank you and be safe.

dont understand this post but if you got 7-10 you were denied.

Re: Lowes credit card

Jnbmom — Wed, 21 Oct 2020 01:45:56 GMT

Lowes doesn't have a prequalify site as far as I know?????????????????

Re: Lowes credit card

FinStar — Wed, 21 Oct 2020 01:48:24 GMT

@Jnbmom wrote:
Lowes doesn't have a prequalify site as far as I know?????????????????

Unless the OP meant Home Depot pre-qualification portal? 🤷

Re: Lowes credit card

Anonymous — Fri, 14 May 2021 21:53:22 GMT

@FinStar wrote:
@Jnbmom wrote:
Lowes doesn't have a prequalify site as far as I know?????????????????
Unless the OP meant Home Depot pre-qualification portal? 🤷

Lowes does have a prequal tool

Re: Lowes credit card

Jnbmom — Wed, 21 Oct 2020 08:00:22 GMT

@Anonymous

Hmmm wasn't aware of this, nice

Re: Lowes credit card

raisemysc0re — Wed, 21 Oct 2020 14:04:14 GMT

Just tried it.

PreQualified for $9,000

Brian

Re: Lowes credit card

Bama-37 — Wed, 21 Oct 2020 15:45:52 GMT

I did the same thing yesterday and got the same message. Called them (8004800186) and had to verify who I was. Once verified got approved for $4500. Then called the customer relations number 877-379-8173 (Overseas) and asked for increase to 30k as I am doing home repairs and they bumped the SL to 17k.

Re: Lowes credit card

raisemysc0re — Wed, 21 Oct 2020 18:05:53 GMT

Nice SL and recon bump.

I'm going to hold off until next month.

Closing on Refi in a week or 2...

Butt I will also call in if all they give me is 9K.

Re: Lowes credit card

FinStar — Wed, 21 Oct 2020 18:35:15 GMT

@Anonymous wrote:
@FinStar wrote:
@Jnbmom wrote:
Lowes doesn't have a prequalify site as far as I know?????????????????
Unless the OP meant Home Depot pre-qualification portal? 🤷
Lowes does have a prequal tool

Color me surprised! I had no idea either. Thanks for clearing up the mystery.

Re: Lowes credit card

raisemysc0re — Wed, 21 Oct 2020 18:40:15 GMT

Hmmm. I wonder...

I've only ever seen a starting limit on a Prequal (SP) once before.

My bank had an offer for me on the "Citizen's Bank Cash Back Plus card" where they offered me a SL of 5.5K I think.

That never resulted in a HP.

I wonder with them offering the 9K on a SP... Would that bypass a HP as well?

Re: Lowes credit card

FinStar — Wed, 21 Oct 2020 18:50:44 GMT

@raisemysc0re wrote:
Hmmm. I wonder...
I've only ever seen a starting limit on a Prequal (SP) once before.
My bank had an offer for me on the "Citizen's Bank Cash Back Plus card" where they offered me a SL of 5.5K I think.
That never resulted in a HP.
I wonder with them offering the 9K on a SP... Would that bypass a HP as well?

I would assume SYNCB being SYNCB that it would result in a HP. I haven't seen any recent DPs in Approvals that confirm a total SP approval on this particular card.

Re: Lowes credit card

cashorcharge — Wed, 21 Oct 2020 19:23:48 GMT

@Jnbmom wrote:
Lowes doesn't have a prequalify site as far as I know?????????????????

I thought the same thing...but check again...it's there today! Admittedly, I tried it and was declined. It's has to be for a few different reasons as my profile wouldn't warrant a flat out denial I think...but all my reports are frozen so they may have tried to SP something they couldn't and said no....or, the fact that I have 2 other accounts that reported as new this month led them to decline me. Either way, a nice new feature for sure. I'm not sure who they pull, I don't have any other accounts with Sync. Nothing I need now but fun to see....if there's a DP on what they pull, I can try thawing and then trying again in the future. Thanks

Re: Lowes credit card

AverageJoesCredit — Wed, 21 Oct 2020 23:08:06 GMT

@Bama-37 wrote:
I did the same thing yesterday and got the same message. Called them (8004800186) and had to verify who I was. Once verified got approved for $4500. Then called the customer relations number 877-379-8173 (Overseas) and asked for increase to 30k as I am doing home repairs and they bumped the SL to 17k.

Wait, isnt Synchrony the Devil?

Re: Lowes credit card

AverageJoesCredit — Wed, 21 Oct 2020 23:10:48 GMT

@FinStar wrote:
@Anonymous wrote:
@FinStar wrote:
@Jnbmom wrote:
Lowes doesn't have a prequalify site as far as I know?????????????????
Unless the OP meant Home Depot pre-qualification portal? 🤷
Lowes does have a prequal tool

Color me surprised! I had no idea either. Thanks for clearing up the mystery.

careful Finny, we wouldnt want this to get out there as common knowledge, Sync's been bashed enough. Can you imagine the repurcussions of people getting prequalified only to later have Sync close the account! Grains of salt

Re: Lowes credit card

Anonymous — Fri, 14 May 2021 21:00:44 GMT

7-10 day message is definitely not a denial. I got the letter for identity verification also. Went through that and got approved for a toy SL of $400. TU hard pull. I have other accounts with Sync, Amazon Prime and PayPal, was surprised by the ID verify. All of my credit is 1 1/2 years old or less with over 20 new accounts and inquiries in that time which probably explains the SL. No baddies, 1% UTIL with 22K total credit. TU Fico 8 at 725. Immediately called customer solutions overseas and asked for SL recon to $5K. Two seconds later very helpful rep said congratulations. Let it be noted I have never had any luck talking to the folks in Florida. The customer solutions number rocks!