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Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?

TeenWolf
Valued Member

Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?

I recently applied, and was approved, for a Citizens BLOC with nothing more than a soft pull and 3 biz bank statements. This is about as ideal as it gets! Are there any other known banks or CUs that do either a SP for approval, use bank statements as their sole required docs, or, like Citizens, do both? I thought I remembered reading that PNC has similar underwriting for their BLOCs, but I can't seem to find it.

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8 REPLIES 8
4sallypat
Valued Contributor

Re: Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?


@TeenWolf wrote:

I recently applied, and was approved, for a Citizens BLOC with nothing more than a soft pull and 3 biz bank statements. This is about as ideal as it gets! Are there any other known banks or CUs that do either a SP for approval, use bank statements as their sole required docs, or, like Citizens, do both? I thought I remembered reading that PNC has similar underwriting for their BLOCs, but I can't seem to find it.


Yes, there are the new fintech banks that will lend (charge cards) solely based on EIN, income statements, bank statements, bank account links and never pulls your credit:

Divvy, Brex, Capital On Tap, Torpago, Rho, Kleer, Corpay.....

Message 2 of 9
TeenWolf
Valued Member

Re: Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?

Thanks, @4sallypat! Of the ones you listed, it appears Capital On Tap is the only option for carrying a balance longer than 30 days😢

 

Do you know of any other banks or credit unions that do either a soft pull or use bank statements for approval of their LOCs/BLOCs?

Message 3 of 9
TryItAgain
Regular Contributor

Re: Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?

Grats on the approval.  Where did you applay for the BLOC via SP, just hitting apply now on their website and was a soft pull?  I have the Citizens business credit card and that was soft but did not know the BLOC was SP.

 

I'm buying a new house this year and want that BLOC but do not even want a whiff of a chance of a HP and scared to hit that Apply Now button without a hug 1st and some SP re-assurance lol.

(Ch7 Discharged 12/12) AvgScore 807

Personal-
NFCU Platinum 50k | NFCU Flagship 20k | NFCU More Rewards 10k | NFCU NavChek PLOC 15k | PenFed Power Cash 25k | PenFed Gold 15k | PenFed Pathfinder 10k | PenFed OLOC 3K | GTE Financial CU 15k | VyStar CU Cash Back 25k | VyStar CU PLOC 15k | FNBO Evergreen 23k | FNBO 8.5K | BofA Cash Rewards 10.1k | Capital One Venture 13k | Capital One QS 7k | PNC Cash Rewards 15.5k | Citi Costco 7k | US Bank Cash+ 10k | Discover 14.8k | Discover 14.1k | Regions Cash 6k | Truist Enjoy Cash 9k | Elan Max Cash 7k | CFNA Tires Plus MC 8k | Amex BCP 3K | Lowes Store 30k | Sleep Number Store 13.5k | Home Depot Store 10k | Amazon Store 10k | Care Credit 15k | Walmart Store 6k | JCrew 25k | Jared 18.6k | HSN 4.1K | King Size 4k | Buckle 3.1k

Business-
Amex BBC 25k | Amex BBP 22k | Amex Business Platinum NPSL 30.4kPoT | Citizens Business Everyday 35k | Sams Club Business MC 25K | US Bank Business Plat 24k | Capital One Spark 2% 22k | Marcus GM Business 12.5k | Capital On Tap 2% 10k | Chase Ink 3k | Divvy 7k | PNC BLOC 50K | Citizens BLOC 50K | (Private) BLOC 75K | WEX Business Access Fuel 30k | Sams Bus Store 25k | Floor & Decor Business 20k
Message 4 of 9
TeenWolf
Valued Member

Re: Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?

Thanks, @TryItAgain!

 

I opened up a Citizens Biz credit card about a year ago, and that was a SP for me as well. I can confirm, in my case anyway, that the BLOC was a SP.

 

You can see why I'm foaming at the mouth to find more lenders like this!

Message 5 of 9
TryItAgain
Regular Contributor

Re: Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?


@TeenWolf wrote:

Thanks, @TryItAgain!

 

I opened up a Citizens Biz credit card about a year ago, and that was a SP for me as well. I can confirm, in my case anyway, that the BLOC was a SP.

 

You can see why I'm foaming at the mouth to find more lenders like this!


Thanks for the response.  Was that from hitting the standard apply now button on their BLOC page or from an invite another way?

(Ch7 Discharged 12/12) AvgScore 807

Personal-
NFCU Platinum 50k | NFCU Flagship 20k | NFCU More Rewards 10k | NFCU NavChek PLOC 15k | PenFed Power Cash 25k | PenFed Gold 15k | PenFed Pathfinder 10k | PenFed OLOC 3K | GTE Financial CU 15k | VyStar CU Cash Back 25k | VyStar CU PLOC 15k | FNBO Evergreen 23k | FNBO 8.5K | BofA Cash Rewards 10.1k | Capital One Venture 13k | Capital One QS 7k | PNC Cash Rewards 15.5k | Citi Costco 7k | US Bank Cash+ 10k | Discover 14.8k | Discover 14.1k | Regions Cash 6k | Truist Enjoy Cash 9k | Elan Max Cash 7k | CFNA Tires Plus MC 8k | Amex BCP 3K | Lowes Store 30k | Sleep Number Store 13.5k | Home Depot Store 10k | Amazon Store 10k | Care Credit 15k | Walmart Store 6k | JCrew 25k | Jared 18.6k | HSN 4.1K | King Size 4k | Buckle 3.1k

Business-
Amex BBC 25k | Amex BBP 22k | Amex Business Platinum NPSL 30.4kPoT | Citizens Business Everyday 35k | Sams Club Business MC 25K | US Bank Business Plat 24k | Capital One Spark 2% 22k | Marcus GM Business 12.5k | Capital On Tap 2% 10k | Chase Ink 3k | Divvy 7k | PNC BLOC 50K | Citizens BLOC 50K | (Private) BLOC 75K | WEX Business Access Fuel 30k | Sams Bus Store 25k | Floor & Decor Business 20k
Message 6 of 9
TeenWolf
Valued Member

Re: Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?

Standard "Apply Now" button.

Message 7 of 9
TryItAgain
Regular Contributor

Re: Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?

Awesome thanks!

(Ch7 Discharged 12/12) AvgScore 807

Personal-
NFCU Platinum 50k | NFCU Flagship 20k | NFCU More Rewards 10k | NFCU NavChek PLOC 15k | PenFed Power Cash 25k | PenFed Gold 15k | PenFed Pathfinder 10k | PenFed OLOC 3K | GTE Financial CU 15k | VyStar CU Cash Back 25k | VyStar CU PLOC 15k | FNBO Evergreen 23k | FNBO 8.5K | BofA Cash Rewards 10.1k | Capital One Venture 13k | Capital One QS 7k | PNC Cash Rewards 15.5k | Citi Costco 7k | US Bank Cash+ 10k | Discover 14.8k | Discover 14.1k | Regions Cash 6k | Truist Enjoy Cash 9k | Elan Max Cash 7k | CFNA Tires Plus MC 8k | Amex BCP 3K | Lowes Store 30k | Sleep Number Store 13.5k | Home Depot Store 10k | Amazon Store 10k | Care Credit 15k | Walmart Store 6k | JCrew 25k | Jared 18.6k | HSN 4.1K | King Size 4k | Buckle 3.1k

Business-
Amex BBC 25k | Amex BBP 22k | Amex Business Platinum NPSL 30.4kPoT | Citizens Business Everyday 35k | Sams Club Business MC 25K | US Bank Business Plat 24k | Capital One Spark 2% 22k | Marcus GM Business 12.5k | Capital On Tap 2% 10k | Chase Ink 3k | Divvy 7k | PNC BLOC 50K | Citizens BLOC 50K | (Private) BLOC 75K | WEX Business Access Fuel 30k | Sams Bus Store 25k | Floor & Decor Business 20k
Message 8 of 9
Xatos
Frequent Contributor

Re: Citizens SP & Bank Statement Approval —— Any Other Banks Like Them?

Could you supply DP's? Interest rate, limit, documents requested? Am seriously considering this one, but after the long wait time for the CC would like to know if it's worthwhile.

Kohl's $3K | Cap1 QS $2.5K | Citi DC $2.9K | Amex BCE $1K | Dick's ScoreRewards MC 1K | Amex ED $4.2K | Amex Schwab Platinum NPSL | Amex Schwab Investor 3K | Rakuten 5K | WF CashWise VS $16.3K | Discover IT $11.3K | Disco IT Miles (#2) 9K | Citizen's Bank Cashback Plus WMC $10.7K | Fidelity VS $13K | USBank Cash+ VS $13K | Cap1 QS #2 16K | BBT Spectrum Cash Rewards VS 7.5K | BBT Cash Rewards #2 4.5K | BBT Bright 5K | Santander Ultimate MC 7.5K | PNC Points #1 7.5K | PNC Points #2 7.5K | PNC Cash Rewards #1 7.5K | PNC Cash Rewards #2 15.5K | BECU Cashback 23.4K | BECU Low Rate 10.5K | FNBO Evergreen 15K | EX 727 | TU 761 | EQ 730
Business Credit ~ Amex BBP 4.8K | Amex BBC 15K | US Bank Biz Cash 3K | Citizen's ED Points 7K ~LOC's~ BECU 15K |
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