topic GM Business Card Denied in Business Credit

GM Business Card Denied

jdsinm — Wed, 06 Apr 2022 21:57:48 GMT

Just throwing this out for the data points

After seeing several mentions that this was a soft personal pull to get the offer stage/acceptance, I figured why not even though i knew low possibility.

Got soft pulled on eq. Several business days later no hard inquiries have shown up.

According to a tier one phone rep they also pulled bus eq.

Immediate/online denial, letter sent to provided email within a minute.

The only listed reason was-

Limited time in business

This wasn't a surprise to me as I've only started my bus credit sense jan of this year to start even though the business has been around sense 2018.

I reconed just to find out what bus report they pulled and was told eq.

Was then told to try back in "about a year of reporting"

My listed personal score in the letter was 789.

Re: GM Business Card Denied

babygirl1256 — Thu, 07 Apr 2022 05:03:55 GMT

Gosh, disappointing denial but I'd certainly try back in one year. I have a GM financed auto but not brave enough to take the leap. Best wishes and success to your business as I'm in the same boat . . . biz opened and then COVID-19 . . . so just trying to get things started again.

Re: GM Business Card Denied

cashorcharge — Thu, 07 Apr 2022 23:28:32 GMT

Appreciate you sharing. Sorry about the denial...

Re: GM Business Card Denied

Goos — Fri, 08 Apr 2022 02:05:38 GMT

I checked it every 2 weeks for a month and half since launch day . Went from denial to approval the last time keep trying . It's a soft pull even after approval . No harm no foul in trying .

Re: GM Business Card Denied

jdsinm — Fri, 08 Apr 2022 04:28:59 GMT

Thanks for the 411

@Goos wrote:
I checked it every 2 weeks for a month and half since launch day . Went from denial to approval the last time keep trying . It's a soft pull even after approval . No harm no foul in trying .