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1X card

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Jnbmom
Credit Mentor

1X card

For those that got the invite and applied I have a question . When linking your bank accounts did you have a substantial amount in the account you listed ? My friend finally got the invite and entered their banking information but it stated it wasn't sufficient enough and to either link another account or supply bank statements. I wasn't sure how the application process worked as I got and invite but they could not verify my local small bank do I never went any further .

EXP 780 EQ 796 TU 810
Message 1 of 5
4 REPLIES 4
Xarquinn
New Contributor

Re: 1X card

I only had about $900 in my checking account and was approved for 33k.  I think X1 is looking for deposits to ensure that they support the income that was provided.

Starting Score: Low 500 (BK Ch7 Discharged 3/2010)
Back in with almost all of the creditors that I burned. Current Scores: 780 - 800 (BK dropped off Nov 2019)
Alliant CU Visa - 10k; Merrick Bank - 0.4k (keeping for age); Lowes - 30k; Target MC - 13k; Capital One - 20k; PayPal - 10k; Total Rewards (Comenity) - 25k; Amex BCP - 38k; Discover - 33k; PenFed - 15k, Chase Amazon - 20k; FNBO - 30k; Citibank - 37.5k; X1 - 5k (CLD from 33k). Local Credit Union HELCO - 97k. Utilization around 30% incl HELCO
Message 2 of 5
Jnbmom
Credit Mentor

Re: 1X card

Thank that makes sense . Her and her spouse have separate accounts and she has 3 accounts that she divides her pay into .

EXP 780 EQ 796 TU 810
Message 3 of 5
FireMedic1
Community Leader
Mega Contributor

Re: 1X card

Hey @Jnbmom Pal! Good luck on your friends app! Smiley Happy



BK Free Aug25
Message 4 of 5
Jnbmom
Credit Mentor

Re: 1X card

@FireMedic1  hey there I hope all is well with you 😊

 

Yes  she is going to send bank statements, to each his own . I personally don't go with banks that require bank statements unless it's a loan of course but that's just me . That is mainly why I didn't pursue my  invite as my little local bank doesn't link with plaid .

EXP 780 EQ 796 TU 810
Message 5 of 5
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