@Anonymous wrote:Hello all,
So applied a few times in the last few weeks as my score has improved. Income was reported the same every time.I may try one more time when i get another bump, which will happen about in a week.
Bascially nothing other then my util changed, and that changed 11%...
I guess the only thing i can say is they dont like a score less then 700?
Ask away if any questions.
denial-
score 694 Util approx 38%, 10 cards with approx 150K limit, three outstanding personal loans, no other loans, six digit income, no defaults/baddies.
denial-
score 698 Util approx 31%, 10 cards with approx 150K, three outstanding personal loans, no other loans, six digit income, no defaults/baddies.
offered- 18K at 17.99%- refused
score- 711 Util approx 27%as of today, 10 cards with approx 150K, three outstanding personal loans, no other loans, six digit income, no defaults/baddies.
Had I been offered 18k, I might have been tempted out of the garden. They reported a score of 790, I have util. at 1%, total credit line at about $107k, and income at $105k+. I got an SL of $7500 @ 17.99%. 
At the end of the day, some days dnour denials/approvals all seem arbitrary at times.
FWIW, although your score went up it remain in the ‘ GOOD’ category but your utilization crossed a major threshold:
Util thresholds:
88.9%
68.9%
48.9
28.9- responsible borrowing level
8.9
FWIW, although your score went up it remain in the ‘ GOOD’ category but your utilization crossed a major threshold:
Util thresholds:
88.9%
68.9%
48.9
28.9- responsible borrowing level
8.9
My best friend makes 2 square meals a day 
ok, its my dog, #sadpandaAJC 
Dont mind me, im just collecting data points on all these 100k plus income earners who seem to populate every post here
.......done.....results...... i need a job and or life
ok, its my dog, #sadpandaAJC Dont mind me, im just collecting data points on all these 100k plus income earners who seem to populate every post here
.......done.....results...... i need a job and or life
What is your DTI? And what were the reasons for the denials?
“Six-figure” is a wide range. You’ve got about $45k in credit card debt plus 3 loans. I also make a “six figure” income and unless those are very small loans, that amount of debt would put me right about over an acceptable DTI ratio.
There have been a fair number of reported denials for DTI (income inadequate for monthly obligations or something along those lines).
I doubt it is your score. It’s more likely your utilization rate dropping to a responsible borrowing level and/or reported minimum monthly payments dropping to a level that makes your DTI fall into an acceptable range.
GS liked me just fine and my score was 694. My util was 26% and DTI was 20.
“Six-figure” is a wide range. You’ve got about $45k in credit card debt plus 3 loans. I also make a “six figure” income and unless those are very small loans, that amount of debt would put me right about over an acceptable DTI ratio.
There have been a fair number of reported denials for DTI (income inadequate for monthly obligations or something along those lines).
I doubt it is your score. It’s more likely your utilization rate dropping to a responsible borrowing level and/or reported minimum monthly payments dropping to a level that makes your DTI fall into an acceptable range.
GS liked me just fine and my score was 694. My util was 26% and DTI was 20.
Apple Card highest limit isn't 40k its actually 50k i was one of the very first for being invited and i shared that approval with my best friend here in FICO land my credit line was 50k with 17.99 APR.. than again me and bad APR is made for each other 
I wanted to see what would be offered with my profile, so I thought I would share some DP's.
Credit line offered: $10k (Offer was less than 10% of income, but seemed rounded)
APR: 17.99
Score: 819
Income: Low 6 figures
Credit Profile: Thick profile with about 20 cards. About 5% util, DTI is probably around about 30% (would have to crunch numbers, but cant be much higher). Low inquiries (less than 5 over 24 months, nothing within last 12 months on TU)
Highend Cards: Penfed at $50k, Discover at $46k, BOA at $56k, Two AMEX one at $25k, the other at $32.5k, Navy at 50k, Usbank at $25k, Paypal Mastercard $25k, Walmart store $25k
Low End Cards: Local CU CC: $12k, Local CU Od: $4k, Crapone: $6.5k (my oldest), Navchek: $15k, Citi: $15k (had a $32k line until they sold it, they been going slow ever since), Chase Amazon at $15k, and Chase Freedom (2nd oldest) at $17.5.
Car loan at 75% paid off.
Last new account: About 7 months ago now
So, i feel they low balled the offer significantly. Perhaps the CC debt scared them away a bit, but it seems like $10k is the average credit line offered for those in my range. I was hoping they may surprise me with something like 30k or etc that would peak my interest. I just was not willing to get a new account for something so low, and no indications of future growth.
Ironically, GS has been always willing to offer me fixed loans for $100k+
@RootDet wrote:I wanted to see what would be offered with my profile, so I thought I would share some DP's.
Credit line offered: $10k (Offer was less than 10% of income, but seemed rounded)
APR: 17.99
Score: 819
Income: Low 6 figures
Credit Profile: Thick profile with about 20 cards. About 5% util, DTI is probably around about 30% (would have to crunch numbers, but cant be much higher). Low inquiries (less than 5 over 24 months, nothing within last 12 months on TU)
Highend Cards: Penfed at $50k, Discover at $46k, BOA at $56k, Two AMEX one at $25k, the other at $32.5k, Navy at 50k, Usbank at $25k, Paypal Mastercard $25k, Walmart store $25k
Low End Cards: Local CU CC: $12k, Local CU Od: $4k, Crapone: $6.5k (my oldest), Navchek: $15k, Citi: $15k (had a $32k line until they sold it, they been going slow ever since), Chase Amazon at $15k, and Chase Freedom (2nd oldest) at $17.5.
Car loan at 75% paid off.
Last new account: About 7 months ago now
So, i feel they low balled the offer significantly. Perhaps the CC debt scared them away a bit, but it seems like $10k is the average credit line offered for those in my range. I was hoping they may surprise me with something like 30k or etc that would peak my interest. I just was not willing to get a new account for something so low, and no indications of future growth.
Ironically, GS has been always willing to offer me fixed loans for $100k+
All of a sudden, I feel so small
Congratulations on your will power. Don't budge if you don't get what you want.
Thanks. I wish every bank did apps this way. Soft pull, show you the apr and credit line, then give the ability to accept with the hard pull or decline with only the soft.
It prevents customers from being disgruntled with the terms after the fact.