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0/12 Inq and Comenity Denied Application Due To Too Many Recent Inquiries

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Varsity_Lu
Valued Contributor

0/12 Inq and Comenity Denied Application Due To Too Many Recent Inquiries

Totally bizarre.  My wife applied for the AAA Daily Advantage card at the end of August.  She was at 0/12 inquiries on Equifax.  She got the 7-10 day notice and the letter came today: denied due to the number of recent inquiries.  Not sure how you get any lower than zero, but okay.

 

Is there a recon line she could call? If so, any experience as to whether it's worth it or will it just be a straight up no?

Blue Cash PreferredBlue Cash EverydayHilton HonorsSavorREIFidelity Rewards VisaMore RewardsVoice Rewards + Perks CheckingMax Cash PreferredAAA Travel AdvantageCashRewards
Mechanics Savings BankFidelity InvestmentsNavy Federal Credit UnionHuntington National Bank
FICO® 8: 844 (Eq) · 838 (Ex) · 812 (TU)

Message 1 of 5
4 REPLIES 4
ocheosa
Valued Contributor

Re: 0/12 Inq and Comenity Denied Application Due To Too Many Recent Inquiries

They may be referring to total inq's  ?/24.

Keep in mind the reason given is not always the complete picture of a denial. 

A few of the most likely culprits:

Escalating debt (too many inquiries/accounts opened in the last two years), too many accounts with balances, high(er) utilization, carrying/shuffling balances(bt's).

 

We all get denied once in a while.Chin up. Smiley Wink

[1/26] Scores 8/9: 7-800s. Util: ≤ 1%. AoOA: 18.6y, AoYA: 1m. New Acct: 1/12, 2/24. Inq/12: EQ 0, EX 1, TU 0.
TCL $716K: Personal $585K, Business $131K.
Message 2 of 5
Vinjints
Frequent Contributor

Re: 0/12 Inq and Comenity Denied Application Due To Too Many Recent Inquiries

That's disheartening. Did the letter specify they pulled EQ? What was she /24? How many new accounts in the last 12/24?

NFCU Flagship (Daily 2% + Travel) | USAA Rewards (AoOA = 26y)

Aven Rewards (Groceries) | Chase Prime (Amazon) | Citi Custom Cash (Dining) | Elan MCP (Utilities)

EQ(F8) 784 | EX(F8) 801 | TU(F8) 800 | EQ(F9) 823 | EQ(BC8) 815

On the Radar: Langley | Kroger | AmEx | Discover

Message 3 of 5
Varsity_Lu
Valued Contributor

Re: 0/12 Inq and Comenity Denied Application Due To Too Many Recent Inquiries


@Vinjints wrote:

That's disheartening. Did the letter specify they pulled EQ? What was she /24? How many new accounts in the last 12/24?


They pulled Equifax. She was at 0/12 inq and 0/12 new accounts. She is 3/24 and 3/24.  Oldest account (ironically it's a Comenity card) is 6 years old.  She has almost 100k of available credit, her util is <1%, and her FICO 8 score is 795.  Honestly, if they are that nuts and won't give her a card with those numbers, I'm not sure I want to do business with them at this point.

Blue Cash PreferredBlue Cash EverydayHilton HonorsSavorREIFidelity Rewards VisaMore RewardsVoice Rewards + Perks CheckingMax Cash PreferredAAA Travel AdvantageCashRewards
Mechanics Savings BankFidelity InvestmentsNavy Federal Credit UnionHuntington National Bank
FICO® 8: 844 (Eq) · 838 (Ex) · 812 (TU)

Message 4 of 5
northway
Frequent Contributor

Re: 0/12 Inq and Comenity Denied Application Due To Too Many Recent Inquiries

There is no reconsideration with Comenity. Just re-apply in 30+ days.

Personal Cards:
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