topic Re: No credit score with approvals? in Credit Cards

No credit score with approvals?

JKXX — Sun, 24 Nov 2013 05:37:46 GMT

Got my new chase freedom and walmart discover in the mail. Neither came with a credit score. Any idea? I didn't get the best APR terms or anything like that so why was no score provided?

Re: No credit score with approvals?

myjourney — Sun, 24 Nov 2013 05:44:14 GMT

@JKXX wrote:
Got my new chase freedom and walmart discover in the mail. Neither came with a credit score. Any idea? I didn't get the best APR terms or anything like that so why was no score provided?

Very good question because by law if you don't get the best terms they are suppose to furnish scores

Re: No credit score with approvals?

FinStar — Sun, 24 Nov 2013 05:46:01 GMT

@myjourney wrote:
@JKXX wrote:
Got my new chase freedom and walmart discover in the mail. Neither came with a credit score. Any idea? I didn't get the best APR terms or anything like that so why was no score provided?
Very good question because by law if you don't get the best terms they are suppose to furnish scores

OP - what were the final terms offered (i.e. APR) for the Walmart Discover and Freedom?

Re: No credit score with approvals?

JKXX — Sun, 24 Nov 2013 06:17:42 GMT

Can't recall the exact numbers but Freedom was 18.xx% and Walmart discover was 22.xx%

Re: No credit score with approvals?

FinStar — Sun, 24 Nov 2013 06:30:51 GMT

@JKXX wrote:
Can't recall the exact numbers but Freedom was 18.xx% and Walmart discover was 22.xx%

Was your Freedom an instant approval or did you have to use the reconsideration channel (i.e. declined at first then approved afterwards)? For your Walmart Discover, your card carrier should have the information on the back (usually would indicate your score and a range from 300-850). If it's not on the reverse portion of the carrier, then a letter would be sent separately and you may receive it within a few weeks.

Re: No credit score with approvals?

JKXX — Sun, 24 Nov 2013 11:32:26 GMT

Freedom was an instant approval. Highest CL and when I got it, I found out it was a visa sig. Discover, nothing on the back of any letters

Re: No credit score with approvals?

Mrm-na — Sun, 24 Nov 2013 13:56:23 GMT

Just a wild guess here, but did you apply using a code from a targeted mail offer? If so, it might have had more specific APR terms, instead of a range. If that's what happened, maybe it technically qualifies as approving you for the "best" terms as long as they match what was on your mail offer.

Re: No credit score with approvals?

cottoncrown — Sun, 24 Nov 2013 14:42:12 GMT

When I was approved for discover, they did not give a score as I only had two months credit history, this no score. Do you have six months credit history yet, if not, that's why you were not given a score. Also, some apps for the freedom card say that 22.99 is the only apr, so you would have been given the best terms for that app.

Re: No credit score with approvals?

navigatethis12 — Sun, 24 Nov 2013 15:22:17 GMT

I haven't gotten a score from Chase in a while. Although, they say they don't just go by scores, they look at he whole credit profile. So perhaps they didn't use the score to determine your approval.

Re: No credit score with approvals?

Themanwhocan — Tue, 26 Nov 2013 00:16:54 GMT

My Chase Freedom just arrived, and the score was provided. Its on the back of the sheet that the credit card was attached to.

By the way, my Card Acquisition Risk Score was 739 (range 250 - 900) Source Chase Bank USA. And since It says I can obtain a copy of my credit report from Equifax, that must be who they pulled. Credit Sesame says they also pulled Experian.

Re: No credit score with approvals?

FinStar — Tue, 26 Nov 2013 00:21:57 GMT

Sounds like you were double-pulled. Was your APR higher than 13.99%?

Re: No credit score with approvals?

Themanwhocan — Tue, 26 Nov 2013 00:37:42 GMT

@FinStar wrote:
Sounds like you were double-pulled. Was your APR higher than 13.99%?

18.99%

Edit: the important thing, to me at least, was the $6000 limit. And its a Visa Signature. One of these days I'm gonna use those warranty benefits

Re: No credit score with approvals?

myjourney — Tue, 26 Nov 2013 00:37:10 GMT

Yep tis was a double pull

Re: No credit score with approvals?

FinStar — Tue, 26 Nov 2013 00:42:07 GMT

@Themanwhocan wrote:
@FinStar wrote:
Sounds like you were double-pulled. Was your APR higher than 13.99%?
18.99%

Edit: the important thing, to me at least, was the $6000 limit. And its a Visa Signature. One of these days I'm gonna use those warranty benefits

I guess the APR would be a non-event if you currently PIF. Be glad it wasn't assigned as 22.99%! LOL. Is your Priceline a Visa Siggy? I know your Cash+ x2 would be.

Re: No credit score with approvals?

Themanwhocan — Tue, 26 Nov 2013 00:51:52 GMT

@FinStar wrote:
@Themanwhocan wrote:
@FinStar wrote:
Sounds like you were double-pulled. Was your APR higher than 13.99%?
18.99%

Edit: the important thing, to me at least, was the $6000 limit. And its a Visa Signature. One of these days I'm gonna use those warranty benefits
I guess the APR would be a non-event if you currently PIF. Be glad it wasn't assigned as 22.99%! LOL. Is your Priceline a Visa Siggy? I know your Cash+ x2 would be.

No, my Priceline.com started at $1500, it just passed the 6 month mark and went to $2800. So, it (and the Sallie) are platinums. They stopped offering the 2% version about 2-3 weeks after I applied. So, I did the right thing there.

Strange thing is, my Sallie and Priceline have been getting the lions share of my spending recently.

The one strange thing I've noticed about Chase, is they dont use an image of their credit cards all over the place. Every other card I have, I can easily choose between various sources of pictures for my signature, but not with the Freedom. I cant find a good Freedom Signature image. Heck, I cant find a bad Freedom Signature image...