topic Re: Us bank connect cli disapproved! in Credit Card Applications

Us bank connect cli disapproved!

FicoMike0 — Fri, 27 Sep 2024 22:23:07 GMT

I applied for a cli on usb connect. Disapproved, based on transunion rapid default model version 1 score of 499, scale, 300 to 850.

Now I think that both transunion and usb $uck. I won't go into what they $uck.

Anyone know anything about this turd score?

Re: Us bank connect cli disapproved!

NoHardLimits — Fri, 27 Sep 2024 22:38:14 GMT

It's supposed to measure risk of "bust out" fraud.

https://newsroom.transunion.com/as-financial-institutions-face-greater-rapid-default-fraud-and-credit-risks-transunion-fortifies-its-idvision-with-iovation-suite-of-solutions/

Re: Us bank connect cli disapproved!

Yoshi1981 — Fri, 27 Sep 2024 23:14:48 GMT

rapid default what now....so this is whats used for a CLI while FICO 8 is used for approval? Good to know.

But sorry about the denial, hope it works out next time!

Re: Us bank connect cli disapproved!

creditrizz — Tue, 01 Oct 2024 03:36:56 GMT

When I heard "bust out fraud" I pictured the Alien movie where the creature busts out of the peoples' chest, but this time it's wearing some gold chains and an apple watch from its fraud

Re: Us bank connect cli disapproved!

wingennis — Wed, 02 Oct 2024 00:52:09 GMT

@creditrizz wrote:
When I heard "bust out fraud" I pictured the Alien movie where the creature busts out of the peoples' chest, but this time it's wearing some gold chains and an apple watch from its fraud

That was funny, right there. Thank you.

Re: Us bank connect cli disapproved!

FicoMike0 — Wed, 02 Oct 2024 04:07:48 GMT

I guess I shouldn't complain too much, they did pay me a $500 bribe for taking the card.