topic Re: "Force" lender to pull specific CB by freezing other 2. in Credit Cards

"Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 05:43:38 GMT

I have heard of this being accomplished, freezing 2/3 & asking the UW to pull a specific CB, but have found very little information on it. My FICO's are fine across the board, 0 late's, 0 derog's, 0 PR's, ect. I want to do this because B* is so easy with TU, using CK & CCT daily. I'm trying to keep inq's to a minimum since I plan on buying a house soon, but I want some high-limit Prime cards before I do. All I have is a $1000 Crap1 card they refuse to CLI, the rest are store charge cards. Anyone have any thoughts or experience with this?

Thanks,

Aly

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 06:16:56 GMT

You can do that, it has been pulled by many but the success rate is completely dependent on the mood of the creditor to go along with it. They are not required and could legally refuse your application based on that restriction. You can always try but there is absolutely not guarantee you will achieve what you want. Hope that helps.

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 06:38:13 GMT

Thanks Guardian! Hopefully, I should be able to sweet-talk my way past the CSR & get them to pull TU. I can just see the opportunities, if only I could get everyone to pull TU... 2-3 new 10K+ TL's, & the INQ's gone in 1 1/2 months. I could sock-drawer my old CRAP1 card tomorrow. Wishful thinking, but I will give it a shot!

Thanks again,

Aly

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 07:55:48 GMT

Its always worth a shot, will keep my fingers crossed for you, let us know how it goes.

Re: "Force" lender to pull specific CB by freezing other 2.

marty56 — Thu, 26 Mar 2009 09:44:25 GMT

I would not do it. Unless you are a victim of ID theft, you could be shuting down opertunities for new credit via pre-approvals.

After I finished my DMP, I was afraid to apply for a credit card until I got a pre-approval letter from National City which I took.

Yes pre-approvals dont mean approved but you nenver know and if you are seeking new credit, you should keep all doors open.

These days with credit hard to come by, I wouldn't close any door.

Re: "Force" lender to pull specific CB by freezing other 2.

haulingthescoreup — Thu, 26 Mar 2009 11:23:23 GMT

I can also see a possibility that once approved via TU, they can now soft the other two --I'm pretty sure that as a creditor, they have the right to soft you. *ducks under table, anticipating lots of posts saying this isn't so*

If you have stinkers on the other two that show up when they're softed, that new account might not stay open very long, or it might have its CL dropped to lower than what you already have.

What's bad on EQ and EX that you don't want them to be pulled?

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 11:43:38 GMT

boobsandbrains -

I did this by accident. My EQ file was locked when I applied for a high end Capital One Rewards card which requires excellent credit. They generally check all three CRA's. Because my EQ was locked, they hit only TU and EX. They approved my card anyway without comment, but then again my scores are high, so had they been lower, maybe they would have declined or possibly my granted limit will be affected.

Anyway, it worked there, but when I apped to a CU, they only wanted EQ, so I had to unlock before they could/would process.

Generally large institutions have a system, and the chances of getting them to change that system for you is a roll of the dice.

Re: "Force" lender to pull specific CB by freezing other 2.

LisaJ — Thu, 26 Mar 2009 12:00:34 GMT

I am interested to see how this goes. I had actually been considering freezing EX because I find it offensive and a violation of sorts that I am not allowed to see my own score as lenders see it. I have a 1 year new auto loan and new mortgage, so it's not like I need to app for anything anyway...just haven't gotten up the nerve to do it yet.

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 12:02:20 GMT

Welcome to the forum, boobsANDbrains!

I don't have a clue one way or the other if locking will help you, but you get my Kudos for your screen name and sig!

You're a trip, Aly!

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 12:04:06 GMT

Locking your credit file(s) will not necessarily hurt you. It may cause the lender to request you to unlock or it may cause a decline. However, if they decline....you did not get an INQ on the frozen files....but possibly did on the unlocked.

When I app'ed PenFed, they came back and specifically said "Give us the PIN to EQ or tell EQ to unlock for us"

Re: "Force" lender to pull specific CB by freezing other 2.

CreditAble — Thu, 26 Mar 2009 15:48:41 GMT

haulingthescoreup wrote:
I can also see a possibility that once approved via TU, they can now soft the other two --I'm pretty sure that as a creditor, they have the right to soft you. *ducks under table, anticipating lots of posts saying this isn't so*

Actually it IS SO. Once a creditor has a relationship with a consumer, it has the right to do account reviews even on frozen files.

If you have stinkers on the other two that show up when they're softed, that new account might not stay open very long, or it might have its CL dropped to lower than what you already have.

That is definitely possible, and highly probable..

What's bad on EQ and EX that you don't want them to be pulled?

The OP wants to remove legitimate hard inquires from the credit reports by the bumpage process. By only letting hard inquiries be placed on TU the OP can have them removed. Inquiries on Experian and Equifax cannot be removed. In these tight credit times, I think freezing credit files to aid bumpage is not really a wise move, especially on lower scoring thin files.

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 18:04:08 GMT

@Anonymous wrote:
Welcome to the forum, boobsANDbrains!

I don't have a clue one way or the other if locking will help you, but you get my Kudos for your screen name and sig!

You're a trip, Aly!

Yeah I thought it was a fun too

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 18:08:04 GMT

Yes, once you apply and have been approved, the creditor can soft any of your reports regardless of your "freeze" or lock on files.

In fact, it was funny, I applied to CapOne for a Reward card and they pulled hard TU and EX, then did soft as well...go figure....like a double take. However, my EQ was locked and they were not able to hard pull and I haven't noticed if they hit it soft yet.

I just couldn't figure out what the follow up soft same day or next was for on same app???? Go figure.

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 18:19:25 GMT

@Anonymous wrote:
Yes, once you apply and have been approved, the creditor can soft any of your reports regardless of your "freeze" or lock on files.

In fact, it was funny, I applied to CapOne for a Reward card and they pulled hard TU and EX, then did soft as well...go figure....like a double take. However, my EQ was locked and they were not able to hard pull and I haven't noticed if they hit it soft yet.

I just couldn't figure out what the follow up soft same day or next was for on same app???? Go figure.

Yes of course, they have an existing and permissible purpose but anyone not on your report, even if you app with them, needs special processing to gain access. I froze my EX the day the pissed me off with their whole "no more FICO" crap but my TU is decent and my EQ is great, so I don't mind it and if a business ONLY wants to pull from EX, frankly I don't want their business so no big loss to me.

Re: "Force" lender to pull specific CB by freezing other 2.

fused — Thu, 26 Mar 2009 22:21:30 GMT

boobsANDbrains wrote:

I have heard of this being accomplished, freezing 2/3 & asking the UW to pull a specific CB, but have found very little information on it. My FICO's are fine across the board, 0 late's, 0 derog's, 0 PR's, ect. I want to do this because B* is so easy with TU, using CK & CCT daily. I'm trying to keep inq's to a minimum since I plan on buying a house soon, but I want some high-limit Prime cards before I do. All I have is a $1000 Crap1 card they refuse to CLI, the rest are store charge cards. Anyone have any thoughts or experience with this?

Thanks,

Aly

How soon are you planning to buy a house? I wouldn't app for anything before buying a house.

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Thu, 26 Mar 2009 22:51:44 GMT

@fused wrote:
How soon are you planning to buy a house? I wouldn't app for anything before buying a house.

Excellent advice

just to add, this also applies to any big ticket item you might be going for.

Message Edited by Guardian on 03-26-2009 03:51 PM

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Fri, 27 Mar 2009 02:45:45 GMT

@CreditAble wrote:
@haulingthescoreup wrote:
I can also see a possibility that once approved via TU, they can now soft the other two --I'm pretty sure that as a creditor, they have the right to soft you. *ducks under table, anticipating lots of posts saying this isn't so*

Actually it IS SO. Once a creditor has a relationship with a consumer, it has the right to do account reviews even on frozen files.

If you have stinkers on the other two that show up when they're softed, that new account might not stay open very long, or it might have its CL dropped to lower than what you already have.

That is definitely possible, and highly probable..

What's bad on EQ and EX that you don't want them to be pulled?

The OP wants to remove legitimate hard inquires from the credit reports by the bumpage process. By only letting hard inquiries be placed on TU the OP can have them removed. Inquiries on Experian and Equifax cannot be removed. In these tight credit times, I think freezing credit files to aid bumpage is not really a wise move, especially on lower scoring thin files.

You got it CreditAble. Sorry guys, I guess I left out some information in my OP. I have no baddies, anywhere. I'm only trying to open a couple non-crap1 cards & have TU pulled, since I have had such great success with Bumpage on TU. My inquiries are not crazy, 3/2/0. But if I can open the same card I want & have TU pulled & bumped in the process, why not? It may seem trivial, but I have heard of people problems cementing CL's because of "too many inq's". I just don't want to chance it with the economy in the garbage.

Thanks for all the help!

Aly

Message Edited by boobsANDbrains on 03-26-2009 10:45 PM

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Fri, 27 Mar 2009 02:49:56 GMT

@Anonymous wrote:
Welcome to the forum, boobsANDbrains!

I don't have a clue one way or the other if locking will help you, but you get my Kudos for your screen name and sig!

You're a trip, Aly!

Thanks sweetie, I do what I can!

Re: "Force" lender to pull specific CB by freezing other 2.

CreditAble — Fri, 27 Mar 2009 03:42:01 GMT

@Anonymous wrote:

I'm only trying to open a couple non-crap1 cards & have TU pulled,

Hooters pulls TU.

Re: "Force" lender to pull specific CB by freezing other 2.

Anonymous — Fri, 27 Mar 2009 04:34:40 GMT

@CreditAble wrote:
@Anonymous wrote:

I'm only trying to open a couple non-crap1 cards & have TU pulled,
Hooters pulls TU.

Haha, I have strongly considered them, since I WORK THERE I am more interested in an AMEX Blue Cash, but I would like to B* the inq asap. (In my state, they seem to pull EX). Just an idea, let me know what you think!

Aly

Funny you brought up Hooters though, Kudos!

Aly