topic Capital One Different Scoring Models in Credit Cards

Capital One Different Scoring Models

Creditaddict — Wed, 14 Sep 2016 01:23:36 GMT

My friend applied and was instantly approved for the Sony Visa $750 and the EQ Score Disclosure was 598.

He opens new window and applied for the GMC Visa and was instantly declined and the EQ Score Disclosure was 575.

Sounds like they are using different scoring models

Re: Capital One Different Scoring Models

Discover2016 — Wed, 14 Sep 2016 02:13:14 GMT

@Creditaddict wrote:
My friend applied and was instantly approved for the Sony Visa $750 and the EQ Score Disclosure was 598.
He opens new window and applied for the GMC Visa and was instantly declined and the EQ Score Disclosure was 575.

Sounds like they are using different scoring models

Maybe it was the inquiry from the Sony Visa that lowered his score? Although that would be a big drop for a single inquiry.

Re: Capital One Different Scoring Models

Creditaddict — Wed, 14 Sep 2016 02:34:16 GMT

Nah, not when the score is that low