topic Re: discover it card in Credit Cards

discover it card

Vols-5610 — Wed, 12 Feb 2014 02:56:40 GMT

ok so last month I attempted to get Discover it card, thought i was pre approved from mail offer, when i went online and applied I was denied credit card. Today I was just looking around on preapproved Discover site and put in my info: automaticaly pops up that Ive been pre approved, now Im not sure if I should try due to recent decline or just hold off for few more months. I was dinged from the inquiry on my credit score by 10 points and I am currently in rebuild mode, so not sure if I should pull the trigger. Any advice welcome. Thanks!

Re: discover it card

gdale6 — Wed, 12 Feb 2014 03:01:33 GMT

I personally would wait till 3 months elapse from time of last app.

Re: discover it card

indiolatino61 — Wed, 12 Feb 2014 03:04:19 GMT

@Vols-5610 wrote:
ok so last month I attempted to get Discover it card, thought i was pre approved from mail offer, when i went online and applied I was denied credit card. Today I was just looking around on preapproved Discover site and put in my info: automaticaly pops up that Ive been pre approved, now Im not sure if I should try due to recent decline or just hold off for few more months. I was dinged from the inquiry on my credit score by 10 points and I am currently in rebuild mode, so not sure if I should pull the trigger. Any advice welcome. Thanks!

Welcome to myFICO. I would definitely wait...it's only been a month since your last denial. More stats would help people assist you further, such as AAoA, inquiries, other cards, CL's, derogatories, etc. The best of luck to you.

Re: discover it card

Vols-5610 — Wed, 12 Feb 2014 03:13:21 GMT

well I do have credit one card since dec 2013 its already went up to 550 without my asking, and capital one credit card at 300, credit one has no balance and capital one only 24 dollars. These are first credit cards Ive had in over 10 years. average age is 6 years, have 1 pending collection account that CA is suppose to be deleting just been waiting for them to update, been over 30 days now, inquiries 6 on EQ and 3 on other 2. I have been really wanting the Discover it card because of the credit scores and wanting higher limit. when they sent denial letter score from them was 674.

Re: discover it card

-Wade- — Wed, 12 Feb 2014 03:25:26 GMT

@Vols-5610 wrote:
well I do have credit one card since dec 2013 its already went up to 550 without my asking, and capital one credit card at 300, credit one has no balance and capital one only 24 dollars. These are first credit cards Ive had in over 10 years. average age is 6 years, have 1 pending collection account that CA is suppose to be deleting just been waiting for them to update, been over 30 days now, inquiries 6 on EQ and 3 on other 2. I have been really wanting the Discover it card because of the credit scores and wanting higher limit. when they sent denial letter score from them was 674.

you need to wait for CA to be deleted and updated .........then re-apply in 30 days

Re: discover it card

09Lexie — Wed, 12 Feb 2014 03:29:00 GMT

@Wade64 wrote:
@Vols-5610 wrote:
well I do have credit one card since dec 2013 its already went up to 550 without my asking, and capital one credit card at 300, credit one has no balance and capital one only 24 dollars. These are first credit cards Ive had in over 10 years. average age is 6 years, have 1 pending collection account that CA is suppose to be deleting just been waiting for them to update, been over 30 days now, inquiries 6 on EQ and 3 on other 2. I have been really wanting the Discover it card because of the credit scores and wanting higher limit. when they sent denial letter score from them was 674.
you need to wait for CA to be deleted and updated .........then re-apply in 30 days

I would suggest more like 6 months to show history. Discover can be willing to accept new files but are a little tougher on those rebuilding.

Re: discover it card

CreditMagic7 — Wed, 12 Feb 2014 03:55:07 GMT

Re: discover it card

DaylightSlaving — Wed, 12 Feb 2014 04:26:09 GMT