topic Re: When applying for the same credit after being denied.... in Credit Cards

When applying for the same credit after being denied....

Sitori — Mon, 20 May 2013 20:24:58 GMT

I previously applied for Care Credit (right when I started building credit) back in July, and was denied. I am going to try again this week. Do you know if they typically keep your application on file? Will they see that I was denied previously, or is it a whole new app?

I don't know if being denied before and apping again affects anything.

Re: When applying for the same credit after being denied....

09Lexie — Mon, 20 May 2013 20:27:28 GMT

It will be a new app.

Good luck!

Re: When applying for the same credit after being denied....

b_seeker — Mon, 20 May 2013 20:33:52 GMT

They may still see your previous denial but with apps that far apart, it won't affect you.

Re: When applying for the same credit after being denied....

Anonymous — Mon, 20 May 2013 20:48:59 GMT

+1 to what lexie and b_seeker said. They keep it on file to evaluate your behavior. But generally it won't affect you unless you been going on or trying to go on a spree with them.

Re: When applying for the same credit after being denied....

Sitori — Mon, 20 May 2013 21:16:46 GMT

what do you mean to "evaluate my behavior?"

I got a GE card from Amazon not too long after their denial. I hope that helps, since they're both GE.

Re: When applying for the same credit after being denied....

Anonymous — Mon, 20 May 2013 21:20:50 GMT

Getting denied once, twice, or even thrice isn't going to affect you.

After some time, even if u had a lot of denials from same lender, it won't even matter much.

They are using it to evaluate your behavior when seeking credit and risk assessment. Someone who goes app crazy or applied for credit very frequently is considered higher risk than normal.

You are fine dont worry

Re: When applying for the same credit after being denied....

Sitori — Mon, 20 May 2013 21:30:10 GMT

Oh. ok.

Well I went on a mini app spree afterwards. I got my Amazon, Cap1, and my Discover all in Oct/Nov. of last year. I haven't apped for anything since then, so it's been around 6 months. But I DO have around 8 inq's on my CR from all of that. I hope that isn't going to get me in trouble.

My AAoA is the reason for the denial last time, or "lack of credit history." I only had one student loan reporting then. I'm hoping my 3 CC's and perfect payment history will help get me approved now.

Re: When applying for the same credit after being denied....

Anonymous — Mon, 20 May 2013 21:50:06 GMT

You should be fine. Most lenders are pretty reasonable. Barclays and Amex might be more sensitive than the others, but they are not that unreasonable either, I think.

Re: When applying for the same credit after being denied....

LS2982 — Mon, 20 May 2013 21:56:07 GMT

@Sitori wrote:
Oh. ok.
Well I went on a mini app spree afterwards. I got my Amazon, Cap1, and my Discover all in Oct/Nov. of last year. I haven't apped for anything since then, so it's been around 6 months. But I DO have around 8 inq's on my CR from all of that. I hope that isn't going to get me in trouble.

My AAoA is the reason for the denial last time, or "lack of credit history." I only had one student loan reporting then. I'm hoping my 3 CC's and perfect payment history will help get me approved now.

You should be OK for approval, good luck!!!