topic Re: Discover IT Possible Approval w/ NO Credit???? in Credit Cards

Discover IT Possible Approval w/ NO Credit????

Anonymous — Wed, 11 Nov 2015 23:04:53 GMT

I have no credit history on file at all and was searching for a good secured card. I recently applied with Capital One and received $49 deposit offer, but felt I needed at least 2. I learned that Discover has a secured card, but you must apply for the regular card first and hope for a secured card offer. I applied 2 days ago and received a message to wait 5-7 days. I figured DENIED and NO offer. Today, I decided to check the status anyway and a site pops up asking me to provide them additional documents. It gives me different types of documents that will be accepted like; state id, ss card, w2 form, utility bill etc...

I am pretty excited I wasn't just flat out denied for their unsecured card. Is it even possible that after they review my documents they could actually approve me for a card? I am wondering if this is a fluke or something. When I say I have NO credit history I mean nothing but my personal information and a few inquiry's are on my file. Anyone have a similar situation and was approved or denied?

Thanks

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Wed, 11 Nov 2015 23:31:27 GMT

With no credit history you have no chance for a normal Discover approval, but as you say they might counter with an offer of a secured. It doesn't seem to happen very often, but I've seen reports here and there.

Re: Discover IT Possible Approval w/ NO Credit????

PandiferBear — Wed, 11 Nov 2015 23:39:41 GMT

It is definitely promising that they are asking for more info.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 00:00:25 GMT

My understanding is that Discover apps often go well for people with thin files and very limited credit histories--they seem to like being one of your first cards. *No* credit history might be different from little credit history in that regard, but who knows! Good luck, sounds like there's a possibility it could be good news.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 00:04:26 GMT

Yeah, I thought that too, but we might both be wrong. After I posted my question I began googling "Discover It Approval No Credit" and it seems that more than a few people with completely blank credit histories are being approved for this unsecured card. Some people instant and others having to submit docs like me. Credit limits seem to be on the low side of course ($500-$1200). I guess we will see...I will of course update once I get a decision from them.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 00:06:28 GMT

Yeah, there's a difference between thin and non-existant. I got in with Discover from a thin credit file (immigrant), but when I first started out applying (with no credit history whatsoever - anywhere) I got denied left and right. Then I educated myself, got a secured card for a year, and doors started to open.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 00:08:01 GMT

You could request to be put on a family member's card as an authorized user for awhile, til you get a score, then app later. Worked wonders for my nephew, who got a Cap One QS1 with a $3k limit, when his only reporting account was a $10k visa he was an AU on. Took about 6 months, if I remember right.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 03:11:45 GMT

Yes, I am an AU on my husband credit card and have been for years. It does me no good credit history wise because they don't report at all. The only other option I have is my son who is in college. He hasn't had a hard time obtaining credit since he is in college. He was able to get his first card the same month he graduated high school (May 2015). He has offered to add me as an AU to his accounts, but I don't know how much it would help me. This would give me 6-7 months history, but he isn't as diligent as I would be about keeping his balance low. It doesn't bother him if he maxes out his card and lets it report to the bureaus. He never pays late. He pays a couple of payments each month, but he racks up the charges right away again. I was thinking I could make an agreement with him that as a Thank you for allowing me as an AU I will help pay his balance down. He just uses his card for everyday needs like school supplies, clothing and food. I have no problem helping him with those expenses anyway.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 03:26:39 GMT

Discover it was my first card with no credit history. Fingers crossed for ya!

Re: Discover IT Possible Approval w/ NO Credit????

gingerflower — Thu, 12 Nov 2015 03:39:08 GMT

My husband applied 4 times and got denied. The 5th time he got instant approval. Fingers crossed for you. Gl

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 03:47:35 GMT

I got my Discover when I had no other credit cards at that time, but I don't think that is the norm. Worth a try.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 03:59:59 GMT

Thanks everyone! I really want to be hopeful. They could have easily just said NO. I sent them more documents that they requested. I sent my license, ss card, utility bill, paystub and my W2 form. I am hoping they will see that I have a really good annual salary and having nothing negative on my file should be worth something.

I should have done something sooner about not having any credit history. I've always just used my debit card or my husband's cc. Anytime I told my husband I was going to apply for my own card since I do earn my own income he persuaded me against doing so. I just feel its important to have a good credit history of my own to fall back on.

Thanks

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 06:12:49 GMT

It sounds like you're exaxtly the kind of customer Discover should want! Fingers crossed for you, and kudos for working on building your own credit history.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 06:13:44 GMT

*exactly, stupid phone.

Re: Discover IT Possible Approval w/ NO Credit????

Discover2016 — Thu, 12 Nov 2015 08:26:16 GMT

Discover is known to approve the regular it card with no file at all. I was approved last year for a it card with a blank credit report.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 14:02:12 GMT

Just to add another data point, I too was approved for a discover card with no credit history. I was in college, so I don't know how much that affected it. I only started out with a 500 limit. Instant approval, btw.

Good luck.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 15:28:19 GMT

I copied and pasted the email they sent me this morning. It does sound like once they review my documents my application is approved. I already sent them more than they requested, but it was late last night. I will call later today to ensure that they did receive them. Discover Hi , You're almost there! We just need to verify a little more info to send your card: - CURRENT ADDRESS - SSN - NAME Complete My Info Providing your info is quick and easy online. Or call 800-347-4736 any time with your reference number: 1531506010XXXX

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Thu, 12 Nov 2015 15:41:24 GMT

Call the number they gave you and see.....

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Fri, 13 Nov 2015 00:13:51 GMT

Discover was my first credit card ever~
Absolutely no credit history prior.
So I'd say yes its possible.

Re: Discover IT Possible Approval w/ NO Credit????

Anonymous — Fri, 13 Nov 2015 03:22:19 GMT

In 2012 or so, I only had one Credit Card and that was literally the extent of my credit profile (A Sovereign Sphere with a $600 Credit Limit...). After a year or so with that card, I applied for (and was approved) for an unsecured Discover IT. with around a 2K limit. It ultimately graduated all the way up to 10K before I split it out with my Discover Miles. Discover was my first "Real" rewards credit card and I was very grateful they started me on my credit journey...