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Denied GM personal but business Approved

tag
Creditaddict
Legendary Contributor

Denied GM personal but business Approved

Denied personal for to many inquiries and new accounts... business:D0FDD5E7-5A24-4877-A24E-26CA0208FFCB.jpeg

 

Message 1 of 19
18 REPLIES 18
cashorcharge
Community Leader
Super Contributor

Re: Denied GM personal but business Approved

Is this a 2nd GM Business or the same you posted a while back?

I haven't seen any others that high.  Hope it's coming in handy

Message 2 of 19
Creditaddict
Legendary Contributor

Re: Denied GM personal but business Approved


@cashorcharge wrote:

Is this a 2nd GM Business or the same you posted a while back?

I haven't seen any others that high.  Hope it's coming in handy


This one is in my name, the first one I posted about was in DH name and I was denied at the time for the same reasons I was denied personal (Inquiries and new accounts) so I am very surprised for the approval and amount!

Message 3 of 19
cashorcharge
Community Leader
Super Contributor

Re: Denied GM personal but business Approved


@Creditaddict wrote:

@cashorcharge wrote:

Is this a 2nd GM Business or the same you posted a while back?

I haven't seen any others that high.  Hope it's coming in handy


This one is in my name, the first one I posted about was in DH name and I was denied at the time for the same reasons I was denied personal (Inquiries and new accounts) so I am very surprised for the approval and amount!


WOW!  That's a terrific change of events!  Congratulations on your approval.  I sure hope with all those points, you've got a great new car in mind

Message 4 of 19
bizcredit11
Frequent Contributor

Re: Denied GM personal but business Approved

@Creditaddict Congrats! That is a couple of amazing approvals!

 

Enjoy that 0% APR for 12 months! Do you think Marcus pulled both personal and business Equifax files?

Message 5 of 19
Creditaddict
Legendary Contributor

Re: Denied GM personal but business Approved


@bizcredit11 wrote:

@Creditaddict Congrats! That is a couple of amazing approvals!

 

Enjoy that 0% APR for 12 months! Do you think Marcus pulled both personal and business Equifax files?


My husband was just sp on his personal and so far I have not seen any alerts for anything different for me.

Message 6 of 19
babygirl1256
Senior Contributor

Re: Denied GM personal but business Approved

Congrats on your GM business approval . . . That's a super-duper limit . . . I'm looking forward to my business getting off the ground and obtaining similiar limits!!!

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 7 of 19
Janneman
Valued Contributor

Re: Denied GM personal but business Approved


@Creditaddict wrote:

@cashorcharge wrote:

Is this a 2nd GM Business or the same you posted a while back?

I haven't seen any others that high.  Hope it's coming in handy


This one is in my name, the first one I posted about was in DH name and I was denied at the time for the same reasons I was denied personal (Inquiries and new accounts) so I am very surprised for the approval and amount!


what was the time gap plz between first time denial and then approval for the same card later on? Your score at that time, income reported, any other gm card u had at that time??...its there any dp of your dh when he got approved for dis card, plz?

Message 8 of 19
Creditaddict
Legendary Contributor

Re: Denied GM personal but business Approved


@Janneman wrote:

@Creditaddict wrote:

@cashorcharge wrote:

Is this a 2nd GM Business or the same you posted a while back?

I haven't seen any others that high.  Hope it's coming in handy


This one is in my name, the first one I posted about was in DH name and I was denied at the time for the same reasons I was denied personal (Inquiries and new accounts) so I am very surprised for the approval and amount!


what was the time gap plz between first time denial and then approval for the same card later on? Your score at that time, income reported, any other gm card u had at that time??...its there any dp of your dh when he got approved for dis card, plz?


I do not have other GM cards because the personal was denied pre approval for to many new accounts.

you also can't seem to have both a personal and a business currently based on my husband experience.

no real change in score, if anything more new accounts!

no credit pulls 

Message 9 of 19
Janneman
Valued Contributor

Re: Denied GM personal but business Approved


@Creditaddict wrote:

@Janneman wrote:

@Creditaddict wrote:

@cashorcharge wrote:

Is this a 2nd GM Business or the same you posted a while back?

I haven't seen any others that high.  Hope it's coming in handy


This one is in my name, the first one I posted about was in DH name and I was denied at the time for the same reasons I was denied personal (Inquiries and new accounts) so I am very surprised for the approval and amount!


what was the time gap plz between first time denial and then approval for the same card later on? Your score at that time, income reported, any other gm card u had at that time??...its there any dp of your dh when he got approved for dis card, plz?


I do not have other GM cards because the personal was denied pre approval for to many new accounts.

you also can't seem to have both a personal and a business currently based on my husband experience.

no real change in score, if anything more new accounts!

no credit pulls 


(1) Is this GM card issued by Marcus, right?  

(2) Are Marcus and Goldman Sachs the same bank?  

(3) The experience of your husband on DP that one couldn't have both, personal and business cards, is based on his personal experience or he knows for sure?

(4) What was the time gap when you went from getting denied for their personal card to approval of their business card? How many 

 

Thankyou

 

Message 10 of 19
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