topic Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA? in Credit Cards

Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 01:58:55 GMT

I apped for a USAA MC and was declined based on information from Early Warning Services (a CRA I guess). My EX FICO is 710 - no collections, 3 INQs 13% UTIL.

Has anyone heard of these folks? I'm going to call them tomorrow to get my FREE report.

Geek.

We are unable to approve your credit card application

Thank you for your credit card application. We regret that we're unable to open an account for the following reasons:

Prior loss experience with another financial institution

The consumer reporting agency which provided information that influenced our decision, in whole or in part, was:

    Early Warning Services, LLC
    8777 E. Hartford Drive, Suite 110
    Scottsdale, AZ 85255
    1-800-204-4616
    www.early-warning.com

The consumer reporting agency did not make this decision and is unable to supply specific reasons why we have taken this action. You do, however, have the right under the Fair Credit Reporting Act to know the information contained in your credit file at the consumer reporting agency. You also have a right to a free copy of your report from the reporting agency, if you request it no later than 60 days from receipt of this notice. If any information in the report is inaccurate or incomplete, you have the right to dispute the matter with the reporting agency.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 02:14:01 GMT

@Anonymous wrote:
I apped for a USAA MC and was declined based on information from Early Warning Services (a CRA I guess). My EX FICO is 710 - no collections, 3 INQs 13% UTIL.

Thank you for your credit card application. We regret that we're unable to open an account for the following reasons:
Prior loss experience with another financial institution

Not sure who they are exactly but looking at the website they look more security oriented and not like a typical CRA. It seems like they gave you the generic reason so the question is do you know what they are talking about? You said no collections so I'm not sure what " Prior loss experience with another financial institution" means but that sure sounds like collections or something was written off in the past. Have you had any problems with ID theft in the past?

Message Edited by idmd on 11-29-2009 09:13 PM

Message Edited by idmd on 11-29-2009 09:14 PM

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 02:27:49 GMT

They are a CRA of sorts, but oriented towards fraud prevention. (More on the order of a ChexSystems for retailers.) This may be one of the organizations out there that is heavily involved in monitoring merchandise returns. When you find out what's going on here please post the answer back in this thread so I will be notified. I am highly interested in knowing exactly what's up. If you find out that the information on file for you is bogus dispute it and ask USAA for recon.

Message Edited by creditwherecreditisdue on 11-29-2009 09:27 PM

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 02:23:30 GMT

The source here can't be verified and may not have a clue but this points you in the right direction.

http://www.debtconsolidationcare.com/banking/early-warning-services.html

Message Edited by idmd on 11-29-2009 09:23 PM

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

haulingthescoreup — Mon, 30 Nov 2009 02:56:34 GMT

geekhou05 wrote:

I apped for a USAA MC and was declined based on information from Early Warning Services (a CRA I guess). My EX FICO is 710 - no collections, 3 INQs 13% UTIL.

Has anyone heard of these folks? I'm going to call them tomorrow to get my FREE report.

Geek.

We are unable to approve your credit card application

Thank you for your credit card application. We regret that we're unable to open an account for the following reasons:
Prior loss experience with another financial institution
The consumer reporting agency which provided information that influenced our decision, in whole or in part, was:
    Early Warning Services, LLC
    8777 E. Hartford Drive, Suite 110
    Scottsdale, AZ 85255
    1-800-204-4616
    www.early-warning.com

The consumer reporting agency did not make this decision and is unable to supply specific reasons why we have taken this action. You do, however, have the right under the Fair Credit Reporting Act to know the information contained in your credit file at the consumer reporting agency. You also have a right to a free copy of your report from the reporting agency, if you request it no later than 60 days from receipt of this notice. If any information in the report is inaccurate or incomplete, you have the right to dispute the matter with the reporting agency.

Have you ever entered a fraud report on a previous credit account? Did you ever have a charge-off or collection?

I can't figure how much of what they look at is fraud risk (such as identity theft) and how much is having previous problems with other lenders.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 03:04:25 GMT

My interpretation of the statement from USAA and the website of EWS is that this relates to another entity's previous loss. It sounds like EWS could be even more difficult to deal with than ChexSystems (which is very difficult). If I was flagged like this I wouldn't be too happy about it. It is either accurate and a show stopper or inaccurate and a PITA to correct. Both are bad.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 04:15:57 GMT

They have this on their 'About Us' page, it shows they are partially owne by BoA and Chase so no wonder they are hard to work with,

"Early Warning Services is a limited liability company owned by Bank of America, BB&T, JPMorgan Chase and Wells Fargo. Bank ownership offers unique perspective and helps facilitate openness and accelerates information sharing in the effort to thwart fraud."

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 08:54:18 GMT

@Anonymous wrote:
They have this on their 'About Us' page, it shows they are partially owne by BoA and Chase so no wonder they are hard to work with,

"Early Warning Services is a limited liability company owned by Bank of America, BB&T, JPMorgan Chase and Wells Fargo. Bank ownership offers unique perspective and helps facilitate openness and accelerates information sharing in the effort to thwart fraud."

Hmmm, banks actually starting to work together and share information?? Interesting concept.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 13:03:31 GMT

@Anonymous wrote:
@Anonymous wrote:
They have this on their 'About Us' page, it shows they are partially owne by BoA and Chase so no wonder they are hard to work with,

"Early Warning Services is a limited liability company owned by Bank of America, BB&T, JPMorgan Chase and Wells Fargo. Bank ownership offers unique perspective and helps facilitate openness and accelerates information sharing in the effort to thwart fraud."

Hmmm, banks actually starting to work together and share information?? Interesting concept.

Nothing new here DickC. EWS has been around for awhile and ChexSystems has been around a very long time (decades). Both are technically CRA's and subject to FCRA and both would like you to think they aren't.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 15:28:34 GMT

I've never heard of this place but more institutions are looking at different sources to find information. A couple that I know of are Innovis

located in Columbus Ohio and ARS Advanced Resolution Services Inc. Located in Independence Ohio both are very big and ARS is a subsidiary of VISA. I have received both reports from these places and what they have in them isn't that much different from your regular reports at the big three just a bit more detailed. You can request your reports from these companies without being denied for credit, just contact them and they will send them to you.

Advanced Resolution Services Inc.

6111 Oak Tree Blvd Suite 400

Independence OH 44131

800-392-8911 Fax 216-615-7642

Innovis Consumer Information Services

P.O. Box 1534

Columbus, Oh 43216-1534

800-540-2505

Hope this helps, I'll have to check this place out Early Warning Services just to see what they have on me in their files.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 17:56:55 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
They have this on their 'About Us' page, it shows they are partially owne by BoA and Chase so no wonder they are hard to work with,

"Early Warning Services is a limited liability company owned by Bank of America, BB&T, JPMorgan Chase and Wells Fargo. Bank ownership offers unique perspective and helps facilitate openness and accelerates information sharing in the effort to thwart fraud."

Hmmm, banks actually starting to work together and share information?? Interesting concept.
Nothing new here DickC. EWS has been around for awhile and ChexSystems has been around a very long time (decades). Both are technically CRA's and subject to FCRA and both would like you to think they aren't.

I am well aware of the fact they are not new. Just commenting on the fact that they are a resource that more credit grantors are starting to use. Much like any "financial reporting agency" I would urge all people to contact them and see what info they have in their files.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 18:03:53 GMT

@Anonymous wrote:
I've never heard of this place but more institutions are looking at different sources to find information. A couple that I know of are Innovis
located in Columbus Ohio and ARS Advanced Resolution Services Inc. Located in Independence Ohio both are very big and ARS is a subsidiary of VISA. I have received both reports from these places and what they have in them isn't that much different from your regular reports at the big three just a bit more detailed. You can request your reports from these companies without being denied for credit, just contact them and they will send them to you.

Innovis Consumer Information Services
P.O. Box 1534
Columbus, Oh 43216-1534
800-540-2505

Innovis (or CBCinnov) is how our mortgage inquiry is listed. Their reports contained the info and FICO scores from all 3 CRA's. (Beacon 5.0, Classic, and Fair Isaac Score 2).

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 19:01:05 GMT

@Anonymous wrote:
@Anonymous wrote:
I've never heard of this place but more institutions are looking at different sources to find information. A couple that I know of are Innovis
located in Columbus Ohio and ARS Advanced Resolution Services Inc. Located in Independence Ohio both are very big and ARS is a subsidiary of VISA. I have received both reports from these places and what they have in them isn't that much different from your regular reports at the big three just a bit more detailed. You can request your reports from these companies without being denied for credit, just contact them and they will send them to you.

Innovis Consumer Information Services
P.O. Box 1534
Columbus, Oh 43216-1534
800-540-2505
Innovis (or CBCinnov) is how our mortgage inquiry is listed. Their reports contained the info and FICO scores from all 3 CRA's. (Beacon 5.0, Classic, and Fair Isaac Score 2).

so requesting an Innovis credit report is a way to get free Ficos?

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 19:17:02 GMT

Nonaii wrote: so requesting an Innovis credit report is a way to get free Ficos?

Hmmm....................

The mortgage company pays for the report/scores. Who knows what shows up on a free consumer requested report - can you even do that with innovis? Maybe someone can fill us in.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 19:24:43 GMT

beamMEup wrote: Innovis (or CBCinnov) is how our mortgage inquiry is listed.

It looks like Innovis and CBCInnovis are two different companies. Our mortgage inquiry was CBCInnovis. Sorry!

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 21:31:09 GMT

I called today and got someone to send me the report request forms. CAN YOU BELIEVE THAT THEY ASK FOR YOUR ROUTING AND ACCOUNT NUMBERS!!

I will scan it up today when I get home.

Seems that they are like Cheqsystems and share bank account info.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Mon, 30 Nov 2009 21:39:35 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
I've never heard of this place but more institutions are looking at different sources to find information. A couple that I know of are Innovis
located in Columbus Ohio and ARS Advanced Resolution Services Inc. Located in Independence Ohio both are very big and ARS is a subsidiary of VISA. I have received both reports from these places and what they have in them isn't that much different from your regular reports at the big three just a bit more detailed. You can request your reports from these companies without being denied for credit, just contact them and they will send them to you.

Innovis Consumer Information Services
P.O. Box 1534
Columbus, Oh 43216-1534
800-540-2505
Innovis (or CBCinnov) is how our mortgage inquiry is listed. Their reports contained the info and FICO scores from all 3 CRA's. (Beacon 5.0, Classic, and Fair Isaac Score 2).
so requesting an Innovis credit report is a way to get free Ficos?

No, not for you. But "yes" for the mortgage company that paid a fee to receive your report. I suspect CBCInnovis is closely related to Innovis as well.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

haulingthescoreup — Tue, 01 Dec 2009 01:07:53 GMT

DickC wrote:

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
They have this on their 'About Us' page, it shows they are partially owne by BoA and Chase so no wonder they are hard to work with,

"Early Warning Services is a limited liability company owned by Bank of America, BB&T, JPMorgan Chase and Wells Fargo. Bank ownership offers unique perspective and helps facilitate openness and accelerates information sharing in the effort to thwart fraud."

Hmmm, banks actually starting to work together and share information?? Interesting concept.
Nothing new here DickC. EWS has been around for awhile and ChexSystems has been around a very long time (decades). Both are technically CRA's and subject to FCRA and both would like you to think they aren't.

I am well aware of the fact they are not new. Just commenting on the fact that they are a resource that more credit grantors are starting to use. Much like any "financial reporting agency" I would urge all people to contact them and see what info they have in their files.

I wonder what info they have that doesn't appear on the Big 3 CRA's? For instance, do they hang on to records of charge-offs, etc that are older than 7 years? (which seems a violation of the FCRA.) Or maybe they have all the GW'd and PFD'd negatives that no longer appear on EQ/ TU/ EX.

Otherwise, I don't see what they're offering lenders that can't be found on a standard credit report.

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Tue, 01 Dec 2009 03:51:11 GMT

@haulingthescoreup wrote:

I wonder what info they have that doesn't appear on the Big 3 CRA's? For instance, do they hang on to records of charge-offs, etc that are older than 7 years? (which seems a violation of the FCRA.) Or maybe they have all the GW'd and PFD'd negatives that no longer appear on EQ/ TU/ EX.

Otherwise, I don't see what they're offering lenders that can't be found on a standard credit report.

That's exactly what they keep as well as inquries you may be able to get inquires and charge-offs bumped from the big three but they are keeping everything that has ever been reported using your SSN and Name. That's what I was talking about when I said very detailed. They keeping a running tab on all activity, it's kinda scary because these companies are being used more and more by banks as well as others. I remember when the big three were just like Innovis and ARS and now look at them 30 years later. These companies will be no different. IMHO

Re: Denied for USAA MC - Who Is Early Warning Services? Another CRA?

Anonymous — Tue, 01 Dec 2009 04:21:37 GMT

haulingthescoreup wrote:
DickC wrote:
creditwherecreditisdue wrote:
DickC wrote:
johnson_long wrote:
They have this on their 'About Us' page, it shows they are partially owne by BoA and Chase so no wonder they are hard to work with,

"Early Warning Services is a limited liability company owned by Bank of America, BB&T, JPMorgan Chase and Wells Fargo. Bank ownership offers unique perspective and helps facilitate openness and accelerates information sharing in the effort to thwart fraud."

Hmmm, banks actually starting to work together and share information?? Interesting concept.
Nothing new here DickC. EWS has been around for awhile and ChexSystems has been around a very long time (decades). Both are technically CRA's and subject to FCRA and both would like you to think they aren't.

I am well aware of the fact they are not new. Just commenting on the fact that they are a resource that more credit grantors are starting to use. Much like any "financial reporting agency" I would urge all people to contact them and see what info they have in their files.

I wonder what info they have that doesn't appear on the Big 3 CRA's? For instance, do they hang on to records of charge-offs, etc that are older than 7 years? (which seems a violation of the FCRA.) Or maybe they have all the GW'd and PFD'd negatives that no longer appear on EQ/ TU/ EX.

Otherwise, I don't see what they're offering lenders that can't be found on a standard credit report.

EQ/TU/EX all have this information forever! The just are not allowed (by the FCRA) to include certain information on most consumer credit reports. Neither is EWS. What EWS may have is information regarding banking activities, bad checks, retail frauds, excessive returns, etc. which are items the big three CRA's do not bother themselves with.

Under the following circumstances the CRA's are allowed to report all the information they have on file for you without regard to any age restrictions in a consumer credit report:

(1) a credit transaction involving, or which may reasonably be expected to involve, a principal amount of $150,000 or more;

(2) the underwriting of life insurance involving, or which may reasonably be expected to involve, a face amount of $150,000 or more; or

(3) the employment of any individual at an annual salary which equals, or which may reasonably be expected to equal $75,000, or more.

Since they can report it you can pretty well be assured they have it to report!