Barclay denied... recon denied

[wit2bees]

App'd for the Barclay Uber.  Transunion was pulled -- 683 Fico 8.  I didn't wait for the letter,   I called the analyst number directly 866-205-5973 and spoke with Seth.  My denial reasons were 

Too Many Inquiries (9) 

Too Many new accounts 

This was my first time reconning so it was quite eye opening.  The analyst was pleasant but said my "credit seeking was aggressive".   I have SEVERAL new accounts LOL.... not even sure why I attempted, clearly I need to garden.... for a year!

New Accounts This year 

Sams Store Card $800 (July)

Value City Store Card $2000 ( July) 

Lowes Store Card $300 (May)

Discover IT $3000 (March)

Zulily Store Card $1800 

Children's Place Store Card $1000 

Delta Amex $1000

Delta Amex Business $3500

NFCU Amex $10000

Target $300

Macys $405

Saks $500

Neiman Marcus $2500

All are PIF except the Delta Amex and the Sams.   

Moral of the story..... don't be like me    AGGRESSIVE CREDIT SEEKER   

[Anonymous]

Welcome to the club 😂
They told me to kick rocks too 🤷🏽‍♂️

[Anonymous]

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@wit2bees wrote:

AGGRESSIVE CREDIT SEEKER   

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If you decide to get buttons made, can I have one? 

[Anonymous]

Count me in for a button too 😂

[Anonymous]

I tried sometime around Jan

My score was very similar to you. No. of inquiries was high as I was bulding Credits, looking for Auto Loan. Acquired around 6 / 7 Cards.

Denied for the same reasons.

Too many inquiries.

Too many recent account opened.

Tried recon and Failed. What the UW told me that they follow 5/24 rule and very very sensative to new inquiries. 

I will not try it for sometime. And my advice to look for somewhere else once your score goes up to 700. Even looking at their Card benefits (except the Apple finance Card) - I think you can try others with better benefits. Your chances of approval will be much better with others compare to Barclay or Chase. Do not waste a HP.

[Anonymous]

Condolences on the failed app. Barclays is known to be not just inquiry-sensitive, but very jealous. I've heard of them hitting people who get one of their cards and then go out and get one or two more from different issuers with AA. And speaking of AA, Barclays is infamous for having a hair-trigger for CLD's or outright closure. As I'm looking at replacing my iPhone next year, I'm just as glad that the Apple Rewards Visa is moving to Goldman Sachs.

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@Anonymous wrote:

I tried sometime around Jan

My score was very similar to you. No. of inquiries was high as I was bulding Credits, looking for Auto Loan. Acquired around 6 / 7 Cards.

Denied for the same reasons.

Too many inquiries.

Too many recent account opened.

Tried recon and Failed. What the UW told me that they follow 5/24 rule and very very sensative to new inquiries. 

I will not try it for sometime. And my advice to look for somewhere else once your score goes up to 700. Even looking at their Card benefits (except the Apple finance Card) - I think you can try others with better benefits. Your chances of approval will be much better with others compare to Barclay or Chase. Do not waste a HP.

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[chhull00]

Dont feel bad about that my scores are in 700s and they said i was too new to credit, go figure

[Gmood1]

Sorry for the denials guys. IMO a blessing in the disguise. Y'all haven't lost anything.. just dodged a bullet.😂

[wit2bees]

Exactly!!!! Thanks everyone.  I needed that reality check!  

[Anonymous]

Lol, I hear you. On the same boat. Once your credit becomes good it’s addicting to get new credit.

im at TU 751, EX 705, EQ 725 but I got declined for an Amex cuz of too many inquiries 

. So I gotta wait like you do