topic Re: Wamu pre- approval!!!!!!! Question in Credit Cards

Wamu pre- approval!!!!!!! Question

Kris1228 — Wed, 21 May 2008 21:27:44 GMT

Hello,

I just received a Wamu pre-approval for up to $7500 credit limit, with 0% interest until 1/2009 and 9.9% after. Well i had an old Providian card a few years ago that i defaulted on, but paid in FULL.....No settlement. I was wanting to know if others could chime in and tell me their similar experiances. I think i read a few weeks ago someone got approved but when they tried for Wamu MC was denied for old Providian account. This is my very 1st decent offer ever. I have Tribute, Capital One and Hooters.

Thanks in Advance!!!!

Re: Wamu pre- approval!!!!!!! Question

Trishco — Wed, 21 May 2008 21:39:30 GMT

I had an old Providian account, changed to wamu of course. I had closed it before paying in full, but did pay in full and always on time. Last paid was in Aug 07. Fast forward to Jan 08, rec'd similar preapproval in mail, applied and approved for 3k cl. woohooo....I checked the WaMu MC preapproval that was mentioned on this forum. It had basically the same preapproval terms, app'd and rec'd a letter stating that because I had problems with my old account (Providian) they would not open a MC account for me.

I have no clue as to their reasoning. I'm good to go for the visa but denied the mc. In my case, they pulled Experian which at the time was around 620 in January.

Good luck!

Re: Wamu pre- approval!!!!!!! Question

Jesedmotherof5 — Wed, 21 May 2008 22:36:24 GMT

Was it from getmyvisa.com... how are your TU and EX reports?

Re: Wamu pre- approval!!!!!!! Question

Kris1228 — Wed, 21 May 2008 23:05:54 GMT

Yep!!! Sure is. Experian 615, TU 601

Re: Wamu pre- approval!!!!!!! Question

Kris1228 — Wed, 21 May 2008 23:11:17 GMT

Ok did you post this a few weeks ago with your Wamu experiance? I remember something i read almost identical to yours!!! I was offered the Visa. I am starting to believe only the MC will flag on old Providian account. Wierd but may be the pattern with them.

Re: Wamu pre- approval!!!!!!! Question

Red1Blue — Thu, 22 May 2008 00:24:02 GMT

I got preapprovals from wamu. Once I apply I did not get the card. It must be due to the old providian account.

Re: Wamu pre- approval!!!!!!! Question

Trishco — Thu, 22 May 2008 00:38:02 GMT

Kris1228 wrote:
Ok did you post this a few weeks ago with your Wamu experiance? I remember something i read almost identical to yours!!! I was offered the Visa. I am starting to believe only the MC will flag on old Providian account. Wierd but may be the pattern with them.

Yes I did. I did in fact get the new WaMu visa in January, but denied for the mc due to old Providian account.

Re: Wamu pre- approval!!!!!!! Question

Kris1228 — Fri, 23 May 2008 02:25:07 GMT

Ok i went for it.. Approved instantly with 2500 limit. My highest yet. Yippee

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Thu, 05 Jun 2008 17:38:00 GMT

I got a pre-approval from Wamu last week (getmyvisa) and went online and it gave me the "2-4 week" message...So, not an instant denial and from what I've read this message usually means approved but the CL is pending.

Wonder if anyone else has had this same experience and how much your CL was once you got the card.

Right now, I have a Cap 1 $500, Hooters $500, Orchard $300, and Chevron $600....Cap 1, Orchard, and Chevron are 3 years old. One of these days I hope to be in "prime" land. I hope to have at least ONE card with more than a $500 limit.

Message Edited by Deb68 on 06-05-2008 12:37 PM

Message Edited by Deb68 on 06-05-2008 12:38 PM

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Thu, 05 Jun 2008 17:58:57 GMT

Why haven't you asked for any CLI's on these cards???? It would improve your utilization.

Message Edited by landocalrissian on 06-05-2008 10:58 AM

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Thu, 05 Jun 2008 17:42:07 GMT

I was receiving multiple pre-approvals in the mail from Wamu in jan/feb. Approved and was denied. Called to reconn and was advised their pre-approvals are guaranteed - they request certain criteria from the CRA's ... blah blah blah. She wasn't able to provide the denial reason and also did not open an account for me. The letter stated I was declined due to high balances on my existing cards.

I realized AFTER that I did have an Providian account which was closed by credit grantor. Can't remember if it was due to default or if I included it in my Consumer Credit Counseling payoff back in 2000. Regardless, my denial was not due to my previous account.

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Thu, 05 Jun 2008 17:44:15 GMT

Deb68 wrote:
I got a pre-approval from Wamu last week (getmyvisa) and went online and it gave me the "2-4 week" message...So, not an instant denial and from what I've read this message usually means approved but the CL is pending.

Wonder if anyone else has had this same experience and how much your CL was once you got the card.

Right now, I have a Cap 1 $500, Hooters $500, Orchard $300, and Chevron $600....Cap 1, Orchard, and Chevron are 3 years old. One of these days I hope to be in "prime" land. I hope to have at least ONE card with more than a $500 limit.

Message Edited by Deb68 on 06-05-2008 12:37 PM

Message Edited by Deb68 on 06-05-2008 12:38 PM

I received the same response when I went to getmyvisa.com to apply for my pre-aaproval.

My request was denied - I hope you don't get the same result.

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Thu, 05 Jun 2008 17:59:19 GMT

landocalrissian wrote:
Why haven't you asked for any CLI's on these cards???? It would improve your utilization.

Message Edited by landocalrissian on 06-05-2008 10:58 AM

The Cap1 was a secured card and then became unsecured a year after I had it...no luck with CLI but am considering applying for a different Cap1. Orchard won't go any higher. Chevron just gave me a $300 bump up last November (I originally had only $300 limit on it).

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Thu, 05 Jun 2008 18:13:06 GMT

PurpleHaze wrote:
I was receiving multiple pre-approvals in the mail from Wamu in jan/feb. Approved and was denied. Called to reconn and was advised their pre-approvals are guaranteed - they request certain criteria from the CRA's ... blah blah blah. She wasn't able to provide the denial reason and also did not open an account for me. The letter stated I was declined due to high balances on my existing cards.

I realized AFTER that I did have an Providian account which was closed by credit grantor. Can't remember if it was due to default or if I included it in my Consumer Credit Counseling payoff back in 2000. Regardless, my denial was not due to my previous account.

Hmmm...then, I guess the information another poster got from the customer service rep was wrong and even with the 2-4 week message you can be denied.

Well, guess I won't get my hopes up then....

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Thu, 05 Jun 2008 18:41:06 GMT

Do you think my scores would qualify me for WaMu? How do I get one? Should I even bother, if I already have one Discover card with 2200 limit? Is there an annual fee?

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Thu, 05 Jun 2008 18:57:41 GMT

Deb68 wrote:

PurpleHaze wrote:
I was receiving multiple pre-approvals in the mail from Wamu in jan/feb. Approved and was denied. Called to reconn and was advised their pre-approvals are guaranteed - they request certain criteria from the CRA's ... blah blah blah. She wasn't able to provide the denial reason and also did not open an account for me. The letter stated I was declined due to high balances on my existing cards.

I realized AFTER that I did have an Providian account which was closed by credit grantor. Can't remember if it was due to default or if I included it in my Consumer Credit Counseling payoff back in 2000. Regardless, my denial was not due to my previous account.

Hmmm...then, I guess the information another poster got from the customer service rep was wrong and even with the 2-4 week message you can be denied.

Well, guess I won't get my hopes up then....

I am the bad luck queen. Everything positive that happens to other posters I end up getting the exact opposite result (except for BOA ... thank goodness for that). Therefore, since I was declined you will more than likely be approved a great opening tradeline

Re: Wamu pre- approval!!!!!!! Question

Kris1228 — Fri, 06 Jun 2008 01:31:42 GMT

Funny thing is I got my card and activated it, signed up for online access and BAM there is the old Providian account with a balance!!! I almost choked when it popped up. Im not sure how the Wamu Visa's are approved with a defaulted Providian account and not the Wamu Mastercard. wierd, thought i would share. They definitely didnt forget about the Providian card.. I paid in full but it was charged off 1st, yet still approved for 2500.00 cl..

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Fri, 06 Jun 2008 15:25:22 GMT

PurpleHaze wrote:

I am the bad luck queen. Everything positive that happens to other posters I end up getting the exact opposite result (except for BOA ... thank goodness for that). Therefore, since I was declined you will more than likely be approved a great opening tradeline

I don't have that great of luck either so I STILL won't get my hopes up....

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Wed, 27 Aug 2008 01:15:41 GMT

Deb68- did you get approved for the wamu mc?

Re: Wamu pre- approval!!!!!!! Question

Anonymous — Wed, 27 Aug 2008 05:55:00 GMT

I'm amazed. I have been literally flooded with offers from Wamu in the past few months but figured my old IIB of Providian would have me on their " " list. After checking some of the databases, it looked like they weren't as fussy on the Visa as the MC. So, I took my pre-approval to their website and fully expecting to be told to go away; I was instantly approved at 4K. Hopefully, I'll get the card before they go under.

I'll follow-up and post who they pulled as soon as I know.

EDIT - Pulled a 680 EX which clearly shows two (2) Providian Accts IIB7 - 2003. I used to be a banking customer with them several years ago but moved on the the local CU as they left a lot to be desired as a bank. (I figured they felt the same way about me as a customer, LOL...They should)

Message Edited by contractor on 08-26-2008 10:55 PM