topic Re: SDFCU......denied? in Credit Card Applications

SDFCU......denied?

IaBoy62 — Wed, 11 Aug 2021 14:06:49 GMT

I apped for their platinum card this morning and uploaded paystub, ID, and proof of residence.

Got an email 20 minutes ago and asked for 2nd paystub and had me sign all the documents.

I had not completed the whole process yet and I got an email saying I was declined.

Why in the world ask me for a second pay stub and then deny me before I can even give it to you?

Re: SDFCU......denied?

Anonymous — Sun, 15 Aug 2021 20:12:15 GMT

@IaBoy62 wrote:
I apped for their platinum card this morning and uploaded paystub, ID, and proof of residence.
Got an email 20 minutes ago and asked for 2nd paystub and had me sign all the documents.
I had not completed the whole process yet and I got an email saying I was declined.
Why in the world ask me for a second pay stub and then deny me before I can even give it to you?

They are so bad, did that on me too, asked me for more documents but at the same time BEFORE i sent out already denied.

Re: SDFCU......denied?

CreditCrusader — Sun, 15 Aug 2021 21:27:29 GMT

@IaBoy62 wrote:
I apped for their platinum card this morning and uploaded paystub, ID, and proof of residence.
Got an email 20 minutes ago and asked for 2nd paystub and had me sign all the documents.
I had not completed the whole process yet and I got an email saying I was declined.
Why in the world ask me for a second pay stub and then deny me before I can even give it to you?

My sister-in-law, who had a long-standing secured credit card with them (that is STILL waiting to be unsecured, even as her FICO is now over 700 for all three bureaus), applied for an auto refi with those folks last year during the height of the pandemic. They had her send paperwork, pay stubs...the works. They even had her set up a video conference with a notary to cross that T for titling purposes.

A couple of days later, they decided to deny her per the usual "too many inquiries" (She had two), late payment (from six years ago), etc. She ate a hard pull and the cost of the notary.

For what they offer, SDFCU isn't really worth the annoyance...not to me, anyway. As always, YMMV.

Re: SDFCU......denied?

IaBoy62 — Mon, 16 Aug 2021 07:27:41 GMT

I don't expect anything, but I did send a request for reconsideration and the loan committee is supposed to review the app and then get back to me.....the check status page says "review" now instead of declined.

Time will tell!

Re: SDFCU......denied?

nosup4u — Mon, 16 Aug 2021 23:17:54 GMT

I have been a member for 4 years now and have a secured card with a 6500 limit and have not been able to get unsecured at this point before I take my last breath I want to get my card unsecured. I know for me I have to wait till 2023 and I'm going to do it just becuase........ they can go kick rocks with no shoes terrible CU I too ask for a reconsideration and was still denied and on my last app (i've tried 3 times to get this card unsecured ) I also was given the bob and weave on asking for more information and then hit with the BAM fool your denied I didn't even bother trying to get a reconsideration with the loan committee I wish you luck

Re: SDFCU......denied?

jnbowmar — Sat, 21 Aug 2021 19:55:41 GMT

@nosup4u wrote:
I have been a member for 4 years now and have a secured card with a 6500 limit and have not been able to get unsecured at this point before I take my last breath I want to get my card unsecured. I know for me I have to wait till 2023 and I'm going to do it just becuase........ they can go kick rocks with no shoes terrible CU I too ask for a reconsideration and was still denied and on my last app (i've tried 3 times to get this card unsecured ) I also was given the bob and weave on asking for more information and then hit with the BAM fool your denied I didn't even bother trying to get a reconsideration with the loan committee I wish you luck

lower your credit limit to under 5000, they dont graduate secured card with limits over 5000.

Re: SDFCU......denied?

nosup4u — Wed, 25 Aug 2021 11:22:13 GMT

@jnbowmar wrote:
@nosup4u wrote:
I have been a member for 4 years now and have a secured card with a 6500 limit and have not been able to get unsecured at this point before I take my last breath I want to get my card unsecured. I know for me I have to wait till 2023 and I'm going to do it just becuase........ they can go kick rocks with no shoes terrible CU I too ask for a reconsideration and was still denied and on my last app (i've tried 3 times to get this card unsecured ) I also was given the bob and weave on asking for more information and then hit with the BAM fool your denied I didn't even bother trying to get a reconsideration with the loan committee I wish you luck
lower your credit limit to under 5000, they dont graduate secured card with limits over 5000.

Hey @jnbowmar how do you know this to be true SDFCU is notorious for giving out mulitply set of rules for their lending each time you call

Re: SDFCU......denied?

jnbowmar — Wed, 25 Aug 2021 16:47:03 GMT

@nosup4u wrote:
@jnbowmar wrote:
@nosup4u wrote:
I have been a member for 4 years now and have a secured card with a 6500 limit and have not been able to get unsecured at this point before I take my last breath I want to get my card unsecured. I know for me I have to wait till 2023 and I'm going to do it just becuase........ they can go kick rocks with no shoes terrible CU I too ask for a reconsideration and was still denied and on my last app (i've tried 3 times to get this card unsecured ) I also was given the bob and weave on asking for more information and then hit with the BAM fool your denied I didn't even bother trying to get a reconsideration with the loan committee I wish you luck
lower your credit limit to under 5000, they dont graduate secured card with limits over 5000.
Hey @jnbowmar how do you know this to be true SDFCU is notorious for giving out mulitply set of rules for their lending each time you call

From personal experience, my own sdfcu secured card graduated after 18 months of improved credit and returned my 2000 deposit.

Another forum member spoke to customer service and was informed by them of the 5000 dollar break point being able to to graduate, although I have no way of confirming any other secured card graduating than my own, which again, had a 2000 dollar deposit.

Re: SDFCU......denied?

Bippy_33 — Wed, 25 Aug 2021 22:07:53 GMT

@nosup4u wrote:
I have been a member for 4 years now and have a secured card with a 6500 limit and have not been able to get unsecured at this point before I take my last breath I want to get my card unsecured. I know for me I have to wait till 2023 and I'm going to do it just becuase........ they can go kick rocks with no shoes terrible CU I too ask for a reconsideration and was still denied and on my last app (i've tried 3 times to get this card unsecured ) I also was given the bob and weave on asking for more information and then hit with the BAM fool your denied I didn't even bother trying to get a reconsideration with the loan committee I wish you luck

@nosup4u I called them as soon as my 1 year mark hit for my secured card and 2 days later I logged in & they unfroze the $500.00 & put me on the upgraded to platinum unsecured ( graduated platinum ) is what it says on my account so, call them and let them know your card is past the 12 month mark. They were very nice to me and took care of it pretty fast. Good luck !! p.s. they increased my credit line with an additonal $500.00 when they unsecured it. It's at $1000.00 now.

Re: SDFCU......denied?

nosup4u — Thu, 26 Aug 2021 00:58:45 GMT

Im going to call tomorrow but I can tell you I already know its going to be no a no go for me My last baddies are falling off March 23 so I don't expect them to budge INHO last time I called in to inquire about this I got ................ if your not happy you can always close your account

Re: SDFCU......denied?

nosup4u — Fri, 27 Aug 2021 05:12:40 GMT

Called in and talk with CSR and she told me that yes I do have a perfect history with them never been late or over the limit but the "system" does a review every january 1st to see about unsecuring cards and when they last ran my Equifax report it shows up as zero so they think its that I have my file frozen in which I do not I think I have a merged file and I don't want to mess with it because I have a BK and equifax is the only one that doesn't show it so until it get removed in March 2023 Im not messing with Equifax they will just fudge it up anyway and create more problems than what it is worth . I asked for a manuel review and she said they coudn't do that its all system generated which I thougth was odd cause they run Experian for all credit products that I know of so for now I guess I'm not going to worry about it but i can tell you that I can't get a free annual credit report from Equifax as it comes up with errors and my walmart card when I try and do a CLI always comes back as Credit information unavailable. Oh what to do anybody have any suggestions?

Re: SDFCU......denied?

trubliever82 — Sun, 29 Aug 2021 19:42:17 GMT

i was denied years ago for cc and sent in a recon letter explaining each imperfection on my report and was approvedn for like $500 or $1000, I cant remember. ive tried over the years for their loc but they want your dna **bleep** near so i dont comply. however my limit has been auto increased to $38,500 over the years. a few thousand here and there. I get 0% checks i can write to myself all the time. Definitely stingy, but im happy with them. would love their moneyline of credit but i gave up on that.

Re: SDFCU......denied?

IaBoy62 — Tue, 31 Aug 2021 18:18:15 GMT

Denied my loan committee as well.... I don't think SDFCU and me are a good fit so I closed my accounts with no hard feelings...just moving on.

They did a SP on my EQ report this past January when I expected my secured card to graduate and unfortunately I have about 10 accounts that were included in bankruptcy still showing as good accounts with $70,000 of available credit.

I suspect if they had only looked at my experience account my card probably would have graduated.

Re: SDFCU......denied?

Anonymous — Thu, 02 Sep 2021 20:03:45 GMT

@trubliever82 wrote:
i was denied years ago for cc and sent in a recon letter explaining each imperfection on my report and was approvedn for like $500 or $1000, I cant remember. ive tried over the years for their loc but they want your dna **bleep** near so i dont comply. however my limit has been auto increased to $38,500 over the years. a few thousand here and there. I get 0% checks i can write to myself all the time. Definitely stingy, but im happy with them. would love their moneyline of credit but i gave up on that.

What do you mean you get zero percent checks that you write to yourself?