topic Re: Do You Guys Always Call When You Get A 7 to 10 Day Message? in Credit Card Applications

Do You Guys Always Call When You Get A 7 to 10 Day Message?

JellyBellyGirl — Wed, 05 Aug 2015 04:07:32 GMT

My Brother applied for a card last week (I think he said Cap-1) and got the 7 to 10 day thingy. He didnt call and got a letter saying he was denied due to insufficiant credit history. If he had called would he have had abetter chance? Do you always call and if you get a 7 to 10 is that generally an automatic denial?

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

jbsea — Wed, 05 Aug 2015 04:26:26 GMT

I got the message when I app'd for the Venture but I didn't call. I was approved. But if I get a denial then I would call because you already took the hit for the inq. so at that point you have nothing to loose. If he just got the letter then I would call.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

OmarGB9 — Wed, 05 Aug 2015 04:35:33 GMT

Not always. Sometimes it means verification. Calling/not calling shouldn't affect your chances of approval.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

GoldSorata — Wed, 05 Aug 2015 04:41:23 GMT

@OmarGB9 wrote:
Not always. Sometimes it means verification. Calling/not calling shouldn't affect your chances of approval.

But on a denial, calling for a recon can mean the chance of getting it changed to an approval.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

OmarGB9 — Wed, 05 Aug 2015 04:52:10 GMT

Of course, depending on lender though. Some lenders don't do recons at all.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

Pway — Wed, 05 Aug 2015 04:54:03 GMT

Come it's Bank make you wait for the letter. Although I've been approved after verification.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

NY2014 — Wed, 05 Aug 2015 05:11:30 GMT

It mostly comes down to the Bank Capital one very tough Why,? Reps are conditioned to only to direct you to another dept,Why most go through the E.O route after denial.

but I does not hurt to call to check on the status, 90% of my approvals were approved because I called.I was denied 3 times and contacted the underwriting department.the 7-10 day is not always a denial, but it sure helps to call because sometimes depends on the rep and every reps is different might give you a reason,like,we could not verify your address,we could not pull your credit, but they wont tell you your denied because to many inq,short credit experienc ect e, but to answer your Question . It does not hurt or effect your denial or approval... and FYI .. if you go into a bank and apply (Capital one , they don't charge you the Annual fee,btw .. just learned that the other day from my Banker ..

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

Anonymous — Wed, 05 Aug 2015 05:56:13 GMT

I don't call. I normally just wait for the card or letter. I am way past having any immediate needs that can't be resolved by other means and my patience has grown a lot lately.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

JellyBellyGirl — Wed, 05 Aug 2015 12:24:43 GMT

I am assuming verification means they want a set of eyes to verify the information.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

NY2014 — Wed, 05 Aug 2015 13:01:09 GMT

Verification means to verify that it is you that is appling, Identity,

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

kdm31091 — Wed, 05 Aug 2015 13:48:04 GMT

If it says 7 to 10 days and not an outright denial I just let it be. Theyre going to review the app anyway whether I call or not, and I dont want a reputation as a PITA customer.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

Anonymous — Wed, 05 Aug 2015 14:10:32 GMT

The 7 to 10 day review has always been a decline for me, not one time a verification. I have called once and this guy had 50 questions and while it was still a decline, it was rude and ticked me off. It wasn't worth it to me to call, I'll wait for the letter.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

taxi818 — Wed, 05 Aug 2015 21:15:30 GMT

Honestly. it depends on the lender. With many lenders, you can bug them and they just may change their minds to give you chance. if you have a good reason for the relationship. even with small limit. Others, i would never call as I would know their denials are final. I.e. Amex. Citi and Discover to name a few. Chase can be reconned as well as BoA. But Cap one usually is Dead door nail if 7-10. Of course , YMMV

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

NY2014 — Wed, 05 Aug 2015 21:53:12 GMT

You hit it right on the Nail Taxi818 that actually sums it up . 👍🏻

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

Anonymous — Wed, 05 Aug 2015 22:01:12 GMT

I agree with most about this, if its a 7-10 day letter, just let it ride, the anticipation of not knowing for sure is worth the ride

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

Anonymous — Thu, 06 Aug 2015 00:31:21 GMT

I never take no for an answer.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

Imperfectfuture — Thu, 06 Aug 2015 00:44:03 GMT

I study my cards on whether to call or not. Cap One, Amex no. Barclays, Chase (though only instant approvals so far), Discover, yes.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

Anonymous — Thu, 06 Aug 2015 00:55:14 GMT

I've gotten the 7-10 day message on four apps, and have called on three of them. The one that I didn't call about was before I knew about recons, and was a denial. Of the three I called on, one was just verification and the other two were denials. Approved for all three.

Re: Do You Guys Always Call When You Get A 7 to 10 Day Message?

TiggerDat — Thu, 06 Aug 2015 23:17:33 GMT

I always call because IMHO it doesn't hurt and if the bank thinks it should hurt for me to do so, then I probably don't want any other issues that might arise from it. I am usually successful when I call. I actually can't think of an instance where I wasn't successful.

The worst of them was Barclays when I app'd for the Barclay Rewards card. I had app'd for an Apple card about a month and a half before that and was instantly approved. Then I thought about it and decided that I would be better off with with the rewards card. I called customer service and asked about changing it to the Rewards card and was told that I had to app for it and if I was denied they could then switch it to the rewards card. So I did and was declined and so I called and asked them to change the Apple to the rewards cards. They not only told me that I couldn't do such a thing, that I had been informed wrong, but they were going to close my Apple card too. I asked why and was told because of the recent app and it appeared like I might be too much of a risk since I could be apping to overuse credit. I stated my points about how this was certainly not the case and that a careful review of my report would not indicate anything like that, nor would the fact that I never used the Apple card indicate it. The rep said no, no, no, so I asked to speak with a supervisor, she told me I couldn't, so I demanded to do speak with one, she said no, I asked if there was a manager for the department, she said yes. So I kept asking to speak with the manager of the department and she said hold on and later returned and said the manager was busy at the moment. So I told her I would wait, she came back again and said te manager was still busy and I said I would wait. Finally, she came back and told me that the manager couldn't take my call but she would open the account, but only give me a small limit. The limit we agreed upon and I what I got were not the same, it was smaller than it should have been. I reached out to the EO and not only got the limit raised to what we agreed upon, but I also got the inquiry removed since I was given wrong information from the first CSR. So calling can be done and sometimes you just have to be persistent!