topic Re: Ortho Mattress Denied in Credit Card Applications

Ortho Mattress Denied

Creditaddict — Sun, 24 May 2015 23:17:37 GMT

Thinking about getting a Tempur-Pedic and since Wells won't approve me for the Tempur-Pedic card I thought I would try Sync through one of the local mattress stores... it came back denied faster than the internet page loaded... I mean literally under 1 second from submit and 1 more second to get the alert on my phone and email of the credit pull... kind of sad... I dislike Sync double pulling when it comes to the furniture stores! (My Ashely Furniture approved 2nd app and living spaces *denied 2 were both double pulls too!) The score is TU but I think the denial reasons below are all EX and then the TU reasons are below the score.

We regret that we are unable to approve your request at this time. The most significant reason(s) the application was declined are listed below:

- too many credit inquiries in the last 6 months

- Too many bank revolving credit accounts opened in the last 24 months or no bank revolving/open ended accounts

- Oldest bank revolving or open-ended account opened too recently or no bank revolving/open ended accounts

- too few credit accounts more than 23 months old

We obtained information from a consumer reporting agency as part of our consideration of your application; its name, address and telephone number is shown below. The reporting agency played no part in our decision and is unable to supply specific reasons why we have denied credit to you. You have a right under the Fair Credit Reporting Act to know the information contained in your credit file at the consumer reporting agency. You also have a right to a free copy of your report from the credit reporting agency, if you request it no later than 60 days after you receive this notice. In addition, if you find any information contained in the report you receive is inaccurate or incomplete, you have the right to dispute the matter with the credit reporting agency.

Trans Union
2 Baldwin Place
PO Box 1000
Chester, PA 19022
800-888-4213

Experian
701 Experian Parkway
PO Box 2002
Allen, TX 75013
888-397-3742

Information about your External Credit Score used in this evaluation for credit

In addition, we also obtained an external credit score from the consumer reporting agency indicated above and used it in making our credit decision. If more than one agency is listed the credit score was obtained from the first listed agency. Your credit score is a number that reflects the information in your credit report. Your credit score can change, depending on how the information in your credit report changes. The credit score below was developed using standard industry methods and was used to evaluate your application. The credit score may differ from the score you obtain from a consumer reporting agency.

Your credit score: 705

Date: 05/24/2015

Scores range from a low of 300 to a high of 850

Key factors that adversely affected your credit score:

- serious delinquency

- length of time accounts have been established

- ratio of current loan balance to original loan amount too high

- number of recent inquiries

Re: Ortho Mattress Denied

Anonymous — Sun, 24 May 2015 23:21:56 GMT

If you really want a tempurpedic many Ashley stores carry them and you already have an Ashley card.

edited to add they also have 67 or 80 months no interest on purchases for memorial day (depending on which promotion they are offering from corporate).

Re: Ortho Mattress Denied

Creditaddict — Sun, 24 May 2015 23:22:26 GMT

@Anonymous wrote:
If you really want a tempurpedic many Ashley stores carry them and you already have an Ashley card.

edited to add they also have 67 or 80 months no interest on purchases for memorial day (depending on which promotion they are offering from corporate).

My limit isn't high enough!

Re: Ortho Mattress Denied

Anonymous — Sun, 24 May 2015 23:25:18 GMT

I heard of this bank named Ron1. It might loan you money for a mattress from Mattress Firm.

Re: Ortho Mattress Denied

Anonymous — Sun, 24 May 2015 23:26:24 GMT

@Anonymous wrote:
I heard of this bank named Ron1. It might loan you money for a mattress from Mattress Firm.

@Now, that is funny @Anonymous. Gosh, thanks for the laugh...

Re: Ortho Mattress Denied

Creditaddict — Sun, 24 May 2015 23:29:32 GMT

@Creditaddict wrote:
@Anonymous wrote:
If you really want a tempurpedic many Ashley stores carry them and you already have an Ashley card.

edited to add they also have 67 or 80 months no interest on purchases for memorial day (depending on which promotion they are offering from corporate).
My limit isn't high enough!

Just tried for a cli through automated system and it gave me key number and was going to transfer me so I hung up... I have read that some people hang up and then log in a day later and see an increase... whenever I have been transferred I end up with people that don't seem to know how to do a CLI and last time the lady took at least 20 minutes and then finally clicked what seemed like 1 button and got a response back... I wanted to reach through the phone and shake her for what ever in the world she had been doing for over 20 minutes with me on hold and what not.

Re: Ortho Mattress Denied

Anonymous — Sun, 24 May 2015 23:37:52 GMT

@Creditaddict wrote:
@Anonymous wrote:
If you really want a tempurpedic many Ashley stores carry them and you already have an Ashley card.

edited to add they also have 67 or 80 months no interest on purchases for memorial day (depending on which promotion they are offering from corporate).
My limit isn't high enough!

Have you gone in to any mattress stores and been comfort tested, or fit for a mattress? I love tempurpedic but when I comfort tested myself and my husband I ended up picking a Sterns and Foster coil mattress. There are other memory foam brands that are more affordable than tempur, sealy has optimum and hybrids, icomfort and iseries from serta and ashley has their own line of memory foam and hybrids all of these options are thousands less than tempur on average. I sell mattresses and furniture and often people are thinking they want a tempur and it turns out they like the sealy hybrids better when comfort tested (my store doesnt carry Serta so I can't speak to the comparison with the serta options).

Remember they want your business and will try to accommodate you to make the purchase. I know you want a new credit line to pay for it but if you really want a tempur you may be able to get the extended financing on the ashley and still split the sale with another card.

Re: Ortho Mattress Denied

Creditaddict — Sun, 24 May 2015 23:43:43 GMT

@Anonymous wrote:
@Creditaddict wrote:
@Anonymous wrote:
If you really want a tempurpedic many Ashley stores carry them and you already have an Ashley card.

edited to add they also have 67 or 80 months no interest on purchases for memorial day (depending on which promotion they are offering from corporate).
My limit isn't high enough!
Have you gone in to any mattress stores and been comfort tested, or fit for a mattress? I love tempurpedic but when I comfort tested myself and my husband I ended up picking a Sterns and Foster coil mattress. There are other memory foam brands that are more affordable than tempur, sealy has optimum and hybrids, icomfort and iseries from serta and ashley has their own line of memory foam and hybrids all of these options are thousands less than tempur on average. I sell mattresses and furniture and often people are thinking they want a tempur and it turns out they like the sealy hybrids better when comfort tested (my store doesnt carry Serta so I can't speak to the comparison with the serta options).

Remember they want your business and will try to accommodate you to make the purchase. I know you want a new credit line to pay for it but if you really want a tempur you may be able to get the extended financing on the ashley and still split the sale with another card.

I have been comfort tested for sleep number but did not like them at all and my parents have had one for years and are not super happy with it.

I have owned 2 Tempur Pedics in the past.

We resently bought an American Made mattress through Amazon that is "tempur-Pedic Like" and I loved it at first but I believe it is to firm now (My fault, not the mattress) and I have actually developed swelling in my hands if I sleep on my side (knock on wood after several nights of sleeping on my back the swelling appears to be going down!) but I am not a back sleeper! (and yes I am seeing a dr and will now be referred to specialist now that it may actually be an issue in my neck)

I have thought about the icormfort especially lately with the shopping cart but im not familiar and they are not cheap by any stretch either and after taking the loss on this current mattress most likely feel it might be best to just go with what I have liked in past although they do come in SO many models it's getting a lot more complicated... my first tempur-pedic had under 5 choices and they were all in the same line! now they have 5 different lines with 3-6 mattresses per line! ugh.

Re: Ortho Mattress Denied

Anonymous — Mon, 25 May 2015 00:00:38 GMT

@Creditaddict wrote:
@Anonymous wrote:
@Creditaddict wrote:
@Anonymous wrote:
If you really want a tempurpedic many Ashley stores carry them and you already have an Ashley card.

edited to add they also have 67 or 80 months no interest on purchases for memorial day (depending on which promotion they are offering from corporate).
My limit isn't high enough!
Have you gone in to any mattress stores and been comfort tested, or fit for a mattress? I love tempurpedic but when I comfort tested myself and my husband I ended up picking a Sterns and Foster coil mattress. There are other memory foam brands that are more affordable than tempur, sealy has optimum and hybrids, icomfort and iseries from serta and ashley has their own line of memory foam and hybrids all of these options are thousands less than tempur on average. I sell mattresses and furniture and often people are thinking they want a tempur and it turns out they like the sealy hybrids better when comfort tested (my store doesnt carry Serta so I can't speak to the comparison with the serta options).

Remember they want your business and will try to accommodate you to make the purchase. I know you want a new credit line to pay for it but if you really want a tempur you may be able to get the extended financing on the ashley and still split the sale with another card.
I have been comfort tested for sleep number but did not like them at all and my parents have had one for years and are not super happy with it.
I have owned 2 Tempur Pedics in the past.
We resently bought an American Made mattress through Amazon that is "tempur-Pedic Like" and I loved it at first but I believe it is to firm now (My fault, not the mattress) and I have actually developed swelling in my hands if I sleep on my side (knock on wood after several nights of sleeping on my back the swelling appears to be going down!) but I am not a back sleeper! (and yes I am seeing a dr and will now be referred to specialist now that it may actually be an issue in my neck)
I have thought about the icormfort especially lately with the shopping cart but im not familiar and they are not cheap by any stretch either and after taking the loss on this current mattress most likely feel it might be best to just go with what I have liked in past although they do come in SO many models it's getting a lot more complicated... my first tempur-pedic had under 5 choices and they were all in the same line! now they have 5 different lines with 3-6 mattresses per line! ugh.

Where ever you buy your next mattress make sure they have at least a 60-90 day comfort exchange policy (and read the policy. several stores have policies that you can not possibly actually use, 30 day policies are the hardest to use they have too many hurdles not enough time). That way if it turns out too soft or too firm you can exchange for another.

Also if you go in to get a comfort fitting while you are there get fit for a better pillow if you are having issues with your neck and your hands are numb your pillow may be to blame. When laying on your side (because you said you sleep on your side) with the correct mattress and pillow your spine should be parallel to the floor, your chin should be level (not stretching or scrunching your neck) and the mattress should not be pushing up on or feeling absent under your shoulder, waist and hip.

Re: Ortho Mattress Denied

Creditaddict — Mon, 25 May 2015 00:05:38 GMT

well didn't get pop up on serta (what the heck!) they have been giving that out like candy... it's always my apt that messes it up! i give up today.

and Ashely HP TU! ill check tuesday if any increase was done or call back I guess.

Re: Ortho Mattress Denied

Creditaddict — Mon, 25 May 2015 00:10:26 GMT

@Creditaddict wrote:
well didn't get pop up on serta (what the heck!) they have been giving that out like candy... it's always my apt that messes it up! i give up today.

and Ashely HP TU! ill check tuesday if any increase was done or call back I guess.

oh bite my tongue... just logged in to Ashley:

Account Information

Total Credit Line

$ 3,500.00

Previous was $2400... not exactly the $10k I asked for but with discounts it would almost be enough to purchase the mattress!

Re: Ortho Mattress Denied

Anonymous — Mon, 25 May 2015 00:18:22 GMT

the 67 and 80 month promos go until the 1st. If they dont offer either without prompting tell them you saw the 80 month in an ad on TV. From what I understand the 80 month is bad for the store but it is in their ads.

edited to add: for anyone else thinking of taking advantage of the 0 interest promo the 67 months is on furniture and/or mattresses the 80 month is on mattresses over $1999 only (from what I was told).

Re: Ortho Mattress Denied

pizza1 — Mon, 25 May 2015 02:18:03 GMT

@Creditaddict wrote:
@Creditaddict wrote:
well didn't get pop up on serta (what the heck!) they have been giving that out like candy... it's always my apt that messes it up! i give up today.

and Ashely HP TU! ill check tuesday if any increase was done or call back I guess.
oh bite my tongue... just logged in to Ashley:
Account Information
Total Credit Line
$ 3,500.00
Previous was $2400... not exactly the $10k I asked for but with discounts it would almost be enough to purchase the mattress!

just take the HP for the iserta card..

Re: Ortho Mattress Denied

Anonymous — Mon, 25 May 2015 02:25:12 GMT

@Anonymous wrote:
I heard of this bank named Ron1. It might loan you money for a mattress from Mattress Firm.

Re: Ortho Mattress Denied

Anonymous — Mon, 25 May 2015 02:26:37 GMT

Congrats!!!

Re: Ortho Mattress Denied

northface28 — Mon, 25 May 2015 02:31:44 GMT

Are you trying to secure 0% financing? Or just haphazardly opening cards?

Re: Ortho Mattress Denied

Creditaddict — Mon, 25 May 2015 02:38:08 GMT

@northface28 wrote:
Are you trying to secure 0% financing? Or just haphazardly opening cards?

Both maybe

No if I was haphazardly opening cards I would have done at least 10 apps today... I was really bored... I closed out of a Chevron visa app!

Re: Ortho Mattress Denied

gdale6 — Mon, 25 May 2015 02:38:33 GMT

Interesting that they mention to many bankcards opened in last 24 months, have never known a creditor to use a 2 year period.

Re: Ortho Mattress Denied

Anonymous — Mon, 25 May 2015 02:42:14 GMT

@Creditaddict wrote:
@northface28 wrote:
Are you trying to secure 0% financing? Or just haphazardly opening cards?
Both maybe

No if I was haphazardly opening cards I would have done at least 10 apps today... I was really bored... I closed out of a Chevron visa app!

Re: Ortho Mattress Denied

Ron1 — Mon, 25 May 2015 04:35:03 GMT

Sorry to hear about your denial. I didn't know they have financing. I looked at it up and it is SYNCB card. I thought it was easy to get.

Ron.