topic Wayfair? in Credit Card Applications

Wayfair?

Anonymous — Wed, 28 Oct 2020 01:12:48 GMT

I tried doing a preapproval for wayfair bc I'm moving and I need furniture. I ended up getting a hard pull on my credit report and a message saying "We'll review your application and notify you with a decision within 7-10 business days. While you're browsing our site you can also check your application status." They also said I was pre-approved for "lease to own" through something called acima. I don't see anywhere to check the application status and I don't want to touch the lease to own financing until I know how it turned out. Does anyone have experience with this? Should I just do the lease to own?

Re: Wayfair?

FinStar — Wed, 28 Oct 2020 02:41:18 GMT

I would assume you tried the Citi pre-qualification for the Wayfair CC? The 7-10 days message could be 50/50 - either denial or additional information required to verify you. Either way, I'd wait until you receive confirmation in writing as far as the outcome of your application.

Re: Wayfair?

Anonymous — Wed, 28 Oct 2020 03:10:16 GMT

Thank you. I'll take your advice and wait it out

Re: Wayfair?

Jazzgirl — Fri, 06 Nov 2020 23:52:44 GMT

Same exact thing just happened to me today. They'll let me know in 7-10 days. Ex 564 / Eq 542 / TR 621. But they said I was approved for Acima ($1,000) and Katapult ($1,200). I am looking everywhere online now to see who they are and if they report. Both say they report to Experian.

Re: Wayfair?

coreyb80 — Sat, 07 Nov 2020 16:07:50 GMT

@Jazzgirl wrote:
Same exact thing just happened to me today. They'll let me know in 7-10 days. Ex 564 / Eq 542 / TR 621. But they said I was approved for Acima ($1,000) and Katapult ($1,200). I am looking everywhere online now to see who they are and if they report. Both say they report to Experian.

I recently used Acima to furnish my place. They are a lease to own company and if you're going to go with them I would definitely say pay within 90 days to avoid crazy interest. I purchased furniture back in June with them and paid it off in September. Had I not, I would've paid over double for my furniture in 24 months. Acima definitely reports to Experian.

Re: Wayfair?

Anonymous — Sat, 07 Nov 2020 16:37:59 GMT

@Jazzgirl wrote:
Same exact thing just happened to me today. They'll let me know in 7-10 days. Ex 564 / Eq 542 / TR 621. But they said I was approved for Acima ($1,000) and Katapult ($1,200). I am looking everywhere online now to see who they are and if they report. Both say they report to Experian.

Mine ended in a denial for too many new accounts so I used the Acima. It all worked out.