topic Re: Denied Discover Card in Credit Cards

Denied Discover Card

Anonymous — Wed, 22 Oct 2008 13:33:59 GMT

I called backdoor recon number and the lady said it was because of past delinquent accounts. She said I had a late in 2007, or that's how it appears on my credit report. I haven't had any lates in over 4 years and the account she mentioned is closed and the last late was from 2003!

I'm calling again.

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 13:39:21 GMT

Well, that's no good. Sorry to hear that.

Does your report show a late in 2007 even if you didn't actually have one?

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 14:02:20 GMT

Apparently Experian shows my 2003 loan charge off as a charge off in 2007, so that doesn't help and I don't know how to fix that.

Also, I paid a 2001 collection in 2007 (before I found MyFICO). It's ONLY reporting on Experian. The bill was due in November 2001 yet the fall off date is showing as June 2009. I may go ahead and dispute this with Experian as I tried sending a letter to AFNI and all they sent me back was a "this account is paid" letter.

And last but not least, they don't like my ex-husband's student loan account. The last late payment (a total of 8 lates) was in 2004 but he didn't pay the account off until late last year.

I'm a little down but I will try again once I get some of this cleared up. I only have 3 inquiries on each of my reports, so I haven't really lost anything just for trying.

Thoughts are appreciated.

ETA: I just dug deeper - The charged off loan is showing two lates around November 2007 when this was charged-off in 2003.

Message Edited by Shnapple on 10-22-2008 07:02 AM

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 14:19:50 GMT

Regarding the collection, the reporting dates are correct. The allowed reporting period extends 7.5 years from DOFD, regardless of whether it is paid, so if DOFD was November 2001, then the account can report until June 2009 (actually May 2009, but that's splitting hairs).

A CO can also report until 7.5 years from the DOFD that led to the CO. Unfortunately, there is nothing preventing a CO from updating and showing a late status several years after CO. Even though the account was charged off in 2003, the status of the account in November 2007 was "charge off," and there is nothing stopping them from reporting that status at that time, which makes Discover (and other creditors) read it as being more recent than it actually is.

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 14:43:54 GMT

Thanks Cheddar. I agree and thought that the accounts were updated recently but in reality, the loan is showing late payments 4+ years after the last payment. There were no late payments in November 2007 and the bank said to dispute them because they show no record of that.

I am going to dispute the collection as well because they're still updating it so it couldn't hurt more than it already is, and I honestly believe it should be off by now - and apparently EQ and TU agree with me.

As far as the student loan - I'm just going to GW the heck out of them.

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 14:48:22 GMT

Wow, I'm sorry and very suprised!

I would try calling again and explain eveything to them!!

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 14:51:34 GMT

I'll get the collection removed, the charge off loan updated, and then maybe try again with Discover in a few months. I wanted to apply before my mortgage hit because I wasn't sure what that was going to do to my scores. Guess I'll wait til that hits and then wait until the best possible moment - then attack again!

Next time Discover won't slip through my fingers!

Re: Denied Discover Card

elsijfdl — Wed, 22 Oct 2008 14:53:06 GMT

I agree, try a recon with them via phone, I was able to get a Discover More card after an initial denial.

They do intense double-checking of application data, so if anything doesn't line up they usually deny automatically (for me it was an inconsistent address), but if you call and explain they are able to reverse it.

Re: Denied Discover Card

elsijfdl — Wed, 22 Oct 2008 14:55:05 GMT

@Anonymous wrote:
I'll get the collection removed, the charge off loan updated, and then maybe try again with Discover in a few months.

Next time Discover won't slip through my fingers!

Not a bad idea, but also, trying a recon won't hurt you. For me, they used the same inquiry, and you might save yourself time + a headache.

FYI I had to call three different times before I spoke with a person who knew what the problem was and was able to reverse the decision.

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 14:56:32 GMT

@elsijfdl wrote:
I agree, try a recon with them via phone, I was able to get a Discover More card after an initial denial.

I called twice - it's definitely not happening and they were very nice and patient. I asked when I could apply again and they said any time really.

A Discover card will be mine, oh yes... it will be mine.

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 14:57:48 GMT

yeah try a recon one more time...you have nothing to lose as they already pulled your reports.

I had a baddie on one report and explained the situation to them and they seemed to have listened because I got the card.

I think it also helped that my utility is at 5% and so I'm not just looking to run up a bunch of credit.

I would try one more time....the lady I talked to straight up said to me that she doubted I would get approved but I did!!

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 18:32:46 GMT

I recently applied with them and they denied me saying that Experian shows delinquent accounts. I pulled my reports and disputed them since they are inaccurate. Some student loans that were in deferment until consolidated but sallie mae shows 3 of the 11 items as being 90 day late in 1999, 2000 and 2001 respectively for the three items.

I called the backdoor number and the lady pulled my Experian AGAIN, pulled a Trans Union AND my Equifax, talk about overkill and she said it all looks good and will transfer me to the application department to complete it and will explain to them all is well. The person gets on the phone and says that unless they can see it clean it doesn't matter and they won't issue credit.

Such crap. And two days AFTER I talked to them and they told me SOL, I get an Equifax alert that they pulled ANOTHER hard pull on my TU, what the hell?

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 18:43:44 GMT

That's crazy, Guardian. They refused to pull my other two reports. I don't have that collection on them and the inaccurate lates from 2007 aren't there, either. However, my 12 year old credit card with perfect history is only reporting on EX but not on TU and EQ.

I just can't win!

Re: Denied Discover Card

Anonymous — Wed, 22 Oct 2008 18:58:21 GMT

No kidding. I told her that you just pulled 3 hard pulls on me in addition to the one you already pulled and you still gonna tell me that despite the fact that the other two you just pulled are perfect and the experian one is an OBVIOUS error which has been disputed and is being investigated you gonna tell me no? She said, yeah until I can pull it direct on my system, it doesn't count and we use the other ones for comparison not to make a decision. I told her then what the hell was the point of lower my score pulling them if you are not going to use them, I didn't authorize you do that. She said sorry and nothing can be done about that. Then two days later I get an alert that they pulled ANOTHER one on my TU. So a total of 5 hard pulls in 1 week by them and still nothing. I am so livid with them but what the hell can I do? She had the nerve to tell me to wait a month or two until the errors are fixed and then apply again. I told her, why so you can pull another 4 reports and then tell me my score is too low now? Your loss.

Re: Denied Discover Card

Anonymous — Fri, 24 Oct 2008 20:23:45 GMT

Disputed AFNI - I guess Experian agreed with me as well; they deleted. I pulled TC reports and the deletion hasn't shown up there yet. Maybe tomorrow! Last collection on that report, maybe I'll see a little boost in my score.

Re: Denied Discover Card

Anonymous — Sat, 25 Oct 2008 16:05:03 GMT

I got 11 FAKO Points!

Re: Denied Discover Card

Anonymous — Fri, 31 Oct 2008 19:20:04 GMT

@Anonymous wrote:
Thanks Cheddar. I agree and thought that the accounts were updated recently but in reality, the loan is showing late payments 4+ years after the last payment. There were no late payments in November 2007 and the bank said to dispute them because they show no record of that.

+23 more FAKO points because the 2 late payments from 2007 or no longer on now!!

I started at 675 FAKO EX points Oct 20 - Now I am at 707!

Re: Denied Discover Card

Anonymous — Fri, 31 Oct 2008 20:29:41 GMT

I don't know how you can resist not pulling your real score. You have some willpower. Congrats on getting that removed!

Re: Denied Discover Card

jmbfl — Fri, 31 Oct 2008 21:31:40 GMT

1) Know what is on your credit report before you apply for credit! You should never hear from a CSR anything you don't already know.

2) Discover is not the toughest outfit, but they are not pushovers. They do require an almost spotlest CBR and a score of around 690+.

Re: Denied Discover Card

Anonymous — Wed, 28 Jan 2009 17:52:37 GMT

It's baaaaaack. My auto insurance ran my credit report and found that the loan mentioned above (where I had the two lates removed) now shows a charge-off and/or late in October 2007. This thing was charged off back in 2003/2004!

I can no longer dispute through Experian because they say the creditor verified. So now I go back to the creditor...