topic Re: Promise Financial - Pulled Transunion - Add your TU experience here in Credit Card Applications

Promise Financial - Pulled Transunion - Add your TU experience here

danieljohnsonk — Tue, 17 Nov 2015 04:13:23 GMT

I applied at Promise Financial today for a personal loan and they did a soft pull only from Transunion. Transunion pulling companies are practically nonexistant.

Don't let the website's wedding theme fool you. They loan money for more than weddings. Read their FAQs to find out more.

Hope this info helps someone.

Please add your recent experience with companies that pull Transunion.

Re: Promise Financial - Pulled Transunion - Add your TU experience here

Anonymous — Tue, 17 Nov 2015 04:37:46 GMT

There will be a hp as well.

They WERE reporting my loan as a student loan on Equifax but that has since been removed. It's currently not reporting and I'm ok with that.

Re: Promise Financial - Pulled Transunion - Add your TU experience here

danieljohnsonk — Tue, 17 Nov 2015 15:33:57 GMT

There would be a hp if I was approved and accepted the loan. I was denied because of debt to income ratio. My student loan is reporting a payment of $717 when it's actually $228 and a few things that I paid off are still showing a payment. My student loan was recently transferred to a servicer named Mohela and it should be updating to the correct payment amount soon. There will soon be a window of opportunity for me where $1100 worth of payments will disappear from my report. Some temporarily and some permanently.

Re: Promise Financial - Pulled Transunion - Add your TU experience here

Anonymous — Wed, 18 Nov 2015 01:02:41 GMT

I'm a big fan of Promise Financial. Scored a loan from them in August at 6.2% and used it to pay off a Lending Club loan that was at 16.55%. Both of them pull TU.

Re: Promise Financial - Pulled Transunion - Add your TU experience here

Creditaddict — Wed, 18 Nov 2015 16:04:58 GMT

Partner was instantly denied with 791 TU for recent INQ's :/

Re: Promise Financial - Pulled Transunion - Add your TU experience here

danieljohnsonk — Wed, 18 Nov 2015 16:26:40 GMT

@Creditaddict wrote:
Partner was instantly denied with 791 TU for recent INQ's :/

I think it should be illegal to deny credit based on number of recent inquiries. Companies are making it impossible to shop for the best deal. They should have a better system that tracks recent approvals. But sometimes it works out better that they can't track recent approvals

Re: Promise Financial - Pulled Transunion - Add your TU experience here

Creditaddict — Wed, 18 Nov 2015 16:29:55 GMT

@danieljohnsonk wrote:
@Creditaddict wrote:
Partner was instantly denied with 791 TU for recent INQ's :/
I think it should be illegal to deny credit based on number of recent inquiries. Companies are making it impossible to shop for the best deal. They should have a better system that tracks recent approvals. But sometimes it works out better that they can't track recent approvals

it's absolutely stupid!

I literally want to reach through the phone and smack someone when they say "oh why do you have so many inquiries?" right after THEY PULL an Inquiry!

Re: Promise Financial - Pulled Transunion - Add your TU experience here

ddemari — Thu, 19 Nov 2015 17:01:35 GMT

For the heck of it I filled out the app to see the rates and what not. Declined with a TU of 718. Excessive number of new accounts, amount of inquiries too high, installment balances are too high in relation to their limits. Blah blah lol

Re: Promise Financial - Pulled Transunion - Add your TU experience here

CreditCuriosity — Thu, 19 Nov 2015 17:35:03 GMT

I did it for giggles and pre-approved for 15.x.. No need for it.. Weird how lending tree always says NO and others all say yes.. All a SP and just takes the edge off applying for anything

Re: Promise Financial - Pulled Transunion - Add your TU experience here

Anonymous — Thu, 19 Nov 2015 18:29:16 GMT

@CreditCuriousity wrote:
I did it for giggles and pre-approved for 15.x.. No need for it.. Weird how lending tree always says NO and others all say yes.. All a SP and just takes the edge off applying for anything

I assume you mean Lending Club. Lending Tree is a garbage company that farms out the app to multiple lenders who do hard pulls. We should never confuse the two.

Re: Promise Financial - Pulled Transunion - Add your TU experience here

Anonymous — Thu, 19 Nov 2015 19:21:46 GMT

@danieljohnsonk wrote:
I applied at Promise Financial today for a personal loan and they did a soft pull only from Transunion. Transunion pulling companies are practically nonexistant.
Don't let the website's wedding theme fool you. They loan money for more than weddings. Read their FAQs to find out more.
Hope this info helps someone.

Please add your recent experience with companies that pull Transunion.

So just for fun....kinda....i went to submit an application to see if they would approve always shot down for prosper and lending club. 8k loan preapproval after fee works out to be $7.6k at a lovely rate of 25.56% LOL $320.45 a month for 36mo.

Crazy high rate but most of my cards have a 20%ish APR. LOL

Re: Promise Financial - Pulled Transunion - Add your TU experience here

CreditCuriosity — Thu, 19 Nov 2015 19:38:18 GMT

@Anonymous wrote:
@CreditCuriousity wrote:
I did it for giggles and pre-approved for 15.x.. No need for it.. Weird how lending tree always says NO and others all say yes.. All a SP and just takes the edge off applying for anything
I assume you mean Lending Club. Lending Tree is a garbage company that farms out the app to multiple lenders who do hard pulls. We should never confuse the two.

Yes this is what I meant and lending tree could be trouble I agree

Re: Promise Financial - Pulled Transunion - Add your TU experience here

Anonymous — Thu, 19 Nov 2015 19:58:53 GMT

Thanks for this post. I have had a lot of activity on my credit rpt, new accounts, paid off several, closed a couple etc. and until my Discover post at the end of the month, I'm very curious about my TU score. It's a SP and I now know my TU score....so happy right now.

Re: Promise Financial - Pulled Transunion - Add your TU experience here

Goldi — Fri, 20 Nov 2015 00:21:07 GMT

I tried because I wanted to get my score, but I was preapproved.... and no score. Rate was 20% I didn't accept.

Re: Promise Financial - Pulled Transunion - Add your TU experience here

Anonymous — Fri, 20 Nov 2015 19:12:03 GMT

@Goldi wrote:
I tried because I wanted to get my score, but I was preapproved.... and no score. Rate was 20% I didn't accept.

If you want your TU score, Avant will provide it even with an approval. Also a soft pull.