topic Re: RECON or RE-APPLY? in General Credit Topics

RECON or RE-APPLY?

Anonymous — Sat, 30 Aug 2008 19:01:03 GMT

Declined due to UTL. Lender said to contact them when UTL is PIF. It's been a year since I was declined. Should I re-apply or recon? Going to take a hard hit either way.

Re: RECON or RE-APPLY?

haulingthescoreup — Sat, 30 Aug 2008 20:42:53 GMT

Who is it, and what's your util? Chances for re-con vary in both instances.

Re: RECON or RE-APPLY?

Geordi — Sun, 31 Aug 2008 00:30:45 GMT

I 'might' be wrong, but I don't think you're gonna get a recon from an application over 6 months ago.

Re: RECON or RE-APPLY?

Anonymous — Sun, 31 Aug 2008 03:39:34 GMT

The lenders said I was approved but pending lower UTL. I was just thinking might get a better CL with fresh app. The old app had UTL that looked bad. Then again the new app could just get turned down completely.

I think I am going to answer this one my self. I always try and get better and sometimes that leaves me with nothing. In this case I was approved pending lower UTL so I will play it safe and try the recon first. The worst they can do is tell me to reapply. Playing it safe this time.

Message Edited by ilovepizza on 08-30-2008 11:39 PM