topic Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last in Credit Cards

UPDATE!!!Miss DISCO said Bye Bye!! after 1.5 month review OMG!!! REOPENED

Anonymous — Fri, 08 May 2020 01:08:24 GMT

After a long review and bank statement upoload a few days ago to speed up the process which clearly show income deposits that match what i have put in my cli requests and the 2nd disco application. I dont know what they did not like in my profile and i do not care to bother anyway as I replaced that $14K cl last month with local credit union cards. I am not sure i will be getting back with them for a long time.

Good news is that Citi at last is showing pre qualified offers for Double cash and 2 other cards with a set APR. I did not want to apply for another card for 3 more months but now my hand to itching.

So are Citi Pre-quals solid? I have a good amount of new accounts opened in recent months i think about 5 in last 6 months.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 02:41:42 GMT

Sorry about the closure. Disco has been weird with that lately.

Citi isn't new account sensitive, they're inquiry sensitive though. More than 6 in the last 6 months is an auto decline.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

KJinNC — Tue, 05 May 2020 02:41:50 GMT

Citi prequals have been solid for me, but maybe others can also chime in.

Sorry about Discover. They are REALLY hard to figure out.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

CreditCuriosity — Tue, 05 May 2020 02:47:38 GMT

@Anonymous wrote:
Sorry about the closure. Disco has been weird with that lately.

Citi isn't new account sensitive, they're inquiry sensitive though. More than 6 in the last 6 months is an auto decline.

lol that isnt true... I am living proof of that .. YMMV depending on profiles, among many other factors. Everyone pulls EQ where i live and citi is no exception and any given time i have > 20 inquires on eq and certainly > 6 in 6 months

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 02:48:38 GMT

@CreditCuriosity wrote:
@Anonymous wrote:
Sorry about the closure. Disco has been weird with that lately.

Citi isn't new account sensitive, they're inquiry sensitive though. More than 6 in the last 6 months is an auto decline.
lol that isnt true... I am living proof of that .. YMMV depending on profiles, among many other factors

Unless it's not in OP's signature, this will be their first Citi card. It's a well known rule with them called 6/6 and it seems to always be enforced on the first Citi card.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

CreditCuriosity — Tue, 05 May 2020 03:02:47 GMT

@Anonymous wrote:
@CreditCuriosity wrote:
@Anonymous wrote:
Sorry about the closure. Disco has been weird with that lately.

Citi isn't new account sensitive, they're inquiry sensitive though. More than 6 in the last 6 months is an auto decline.
lol that isnt true... I am living proof of that .. YMMV depending on profiles, among many other factors
Unless it's not in OP's signature, this will be their first Citi card. It's a well known rule with them called 6/6 and it seems to always be enforced on the first Citi card.

from DOC... although i certainly know i am not subject to it or people like mahraja and others some people think it is a rule, but certainly not a "hard rule" from doc.. Not here to argue the merits, but if OP has a pre-qual with set APR then they probably are ok off although all my citi cards 7+ never had a pre-qual ever shrug. OP can risk a pull or two as nothing in credit is guranteed(meaning sure approvals can be denied and ones thinking they would be denied can be approved) and nothing venture nothing gained either so one has to weigh their risk thresholds if a hp or two is even a risk? For me no... for OP possibly? I always do my own research as anyone should do before applying for any lender though. anyways best of luck to OP on whatever they choose.

Many people mention that Citi does not approve applicants who have six hard pulls on their credit report within the past six months.

There’s not a whole lot of information out there on this rule, but it’s probably a generalization, not a firm rule. There will presumably be a hard pull if you apply when you have more 6/6.

Since this rule tracks pulls, not cards, it’s much easier to get around it by spreading your hard pulls around various credit reports. Most people are usually under 6/6 since even if they do have six hard pull, overall, in the past six months, there will be a few pulls with each credit bureau, not six with a single one.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 03:09:13 GMT

@CreditCuriosity wrote:
@Anonymous wrote:
@CreditCuriosity wrote:
@Anonymous wrote:
Sorry about the closure. Disco has been weird with that lately.

Citi isn't new account sensitive, they're inquiry sensitive though. More than 6 in the last 6 months is an auto decline.
lol that isnt true... I am living proof of that .. YMMV depending on profiles, among many other factors
Unless it's not in OP's signature, this will be their first Citi card. It's a well known rule with them called 6/6 and it seems to always be enforced on the first Citi card.
from DOC... although i certainly know i am not subject to it or people like mahraja and others some people think it is a rule, but certainly not a "hard rule" from doc.. Not here to argue the merits, but if OP has a pre-qual with set APR then they probably are ok off although all my citi cards 7+ never had a pre-qual ever shrug. OP can risk a pull or two as nothing in credit is guranteed and nothing venture nothing gained either so one has to weigh their risk thresholds if a hp or two is even a risk? For me no... for OP possibly?

"
Many people mention that Citi does not approve applicants who have six hard pulls on their credit report within the past six months.
There’s not a whole lot of information out there on this rule, but it’s probably a generalization, not a firm rule. There will presumably be a hard pull if you apply when you have more 6/6.

Since this rule tracks pulls, not cards, it’s much easier to get around it by spreading your hard pulls around various credit reports. Most people are usually under 6/6 since even if they do have six hard pull, overall, in the past six months, there will be a few pulls with each credit bureau, not six with a single one.
"

I mean if OP wants to risk possibly two HPs for nothing, that's fine, but it's also what Citi told me when I tried to recon my denial last year. They said that my profile was fine otherwise but I had more than 6 inquiries on a single bureau (TU) and that was the end of it. Cost me a TU and EX HP.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 03:11:38 GMT

I exactly have 6 on experian (1 of it is tenant screening inquiry) and 4 on equifax (1 of it is comcast). May be i will wait till next month to try it. And yes this will be my first Citi card if approved

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 03:11:19 GMT

@Anonymous wrote:
I exactly have 6 on experian (1 of it is tenant screening inquiry) and 4 on equifax (1 of it is comcast). May be i will wait till next month to try it.

It's totally up to you. If you'll be down an inquiry on EX next month, I personally would wait.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 03:12:53 GMT

@Anonymous wrote:
After a long review and bank statement upoload a few days ago to speed up the process which clearly show income deposits that match what i have put in my cli requests and the 2nd disco application ...

It is not clear, at least to me, what exactly happened here. It looks like one, or maybe two, cards got cancelled. Why? Might you spell it out?

Sorry for your troubles.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 03:14:39 GMT

@Anonymous wrote:
@Anonymous wrote:
I exactly have 6 on experian (1 of it is tenant screening inquiry) and 4 on equifax (1 of it is comcast). May be i will wait till next month to try it.
It's totally up to you. If you'll be down an inquiry on EX next month, I personally would wait.

I will be 2 down next month on EX which makes 4 inq in last 6 months. Mostly will wait.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 03:41:07 GMT

I applied for a 2nd disco card about 2 months ago, it was approved but then immediately next day i got a request from disco for a 4506T requesting my 2018 tax return. I used mu current salary on the new disco and also a cli for my old disco. Anyway they have both been put under review and few days ago i have called them to ask where the review process and to pay off the small balance on my old disco card. I also asked them about the review as it has been a month and a half since review opened, they said that IRS was backed up and causing delay in sending my tax returns, and i asked is there any other to speed up the process and they asked me to upload bank statements through discover.com/sdu and few days after they closed both my accounts.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 03:53:03 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
I exactly have 6 on experian (1 of it is tenant screening inquiry) and 4 on equifax (1 of it is comcast). May be i will wait till next month to try it.
It's totally up to you. If you'll be down an inquiry on EX next month, I personally would wait.
I will be 2 down next month on EX which makes 4 inq in last 6 months. Mostly will wait.

@Anonymous what if disco reports closed accounts next month and Citi doesnt like it. My util will increase from 8% to 11%(just calculated) once disco reports since total CL decreases.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 03:59:38 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
I exactly have 6 on experian (1 of it is tenant screening inquiry) and 4 on equifax (1 of it is comcast). May be i will wait till next month to try it.
It's totally up to you. If you'll be down an inquiry on EX next month, I personally would wait.
I will be 2 down next month on EX which makes 4 inq in last 6 months. Mostly will wait.
@Anonymouswhat if disco reports closed accounts next month and Citi doesnt like it. My util will increase from 8% to 11%(just calculated) once disco reports since total CL decreases.

11% is still a blip honestly. I wouldn't stress about it.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Remedios — Tue, 05 May 2020 04:02:01 GMT

@Anonymous there really is no way to compare profiles, or tell you what Citi is going to "like" or dislike.

If you want the card and it fits your financial needs, just fill in the app, close your eyes and wait for the wheel to stop spinning.

Worst case scenario, if it gets denied, you will know what you need to work on.

I understand you're trying to asses your chances, but like @CreditCuriosity said, their "rules" are a bit murky.

I'm sorry about your experience with Disco. It's rather unfortunate especially considering you complied with their request.

Good luck, I hope you go for Citi card, and I really hope you get it.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

joltdude — Tue, 05 May 2020 04:03:37 GMT

Miss Disco has gotten a bit skittish lately... Not seeing a lot of folks make it out of their FRs intact... Though they have claimed to not be touching established account limits at this time.... they arent issuing the limits they were and are denying/reducing the CLIs they are giving out right now... Also not seeing the usual BT offers lately either.. they seem to have dissapeared......

Really sorry to hear it.....

-J

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

SweetCreditObsession — Tue, 05 May 2020 05:31:41 GMT

Congratulations on the Citi prequal. I've found them to be solid.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

kdm31091 — Tue, 05 May 2020 12:11:25 GMT

@Anonymous wrote:
Sorry about the closure. Disco has been weird with that lately.

Citi isn't new account sensitive, they're inquiry sensitive though. More than 6 in the last 6 months is an auto decline.

Citi's 6/6 is not a firm rule. They seem to apply it to certain profiles, but it's not as firm as say Chase's 5/24. That said, it cannot hurt to wait until you drop below 6/6. But we need to be careful suggesting absolute rules when it is not the case. Even if a recon agent did tell you you were denied for 6/6, it does not mean it's an across the board rule 100% of the time. There's plenty of people who get approved despite tons of inquiries.

Either way, though, I'd probably still wait.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Red1Blue — Tue, 05 May 2020 14:24:38 GMT

Sorry to hear about your Discover closure. It is all due to the down turn in economy and many Banks are scaling back. I am sure you'll get it back again once the economy recovers.

Re: Miss DISCO said Bye Bye!! after 1.5 month review and Citi shows prequalified offers at last

Anonymous — Tue, 05 May 2020 16:41:30 GMT

@Anonymous @Remedios Lost 37 points on experian today due to this closure. Not sure why. I have posted here for more insight.

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Lost-37-points-on-Experian-and-Not-sure-why/td-p/6010540