Crazy Synch Bank Banana Repulic CLI Decline Letter

[ddemari]

Most of us know the white and red envelope that comes from sych bank all too well. At periods in time they will come back with some crazy response to why they cant raise limit. I have had this card for 15 months, NEVER EVER late or over the limit lol. its been a long time since they gave me LUV and its not a card that I just let collect dust. 

Just found their phrasing, use of all CAPS and reasons amusing on this letter. 

[Anonymous]

It is crazy but I still see through it. They don't like slow pay. If you bounced on the credit limit some banks see it worse than others. I think Capital One runs their show very similarly. For example if you have hit the limit on a Capital One Account it becomes not elgible for an account combination without a lot of phone calls

[ddemari]

4,000.00 limit and ive never run up a balance over 400 dollars and I never have paid a dime of interest. I also have a high TU score and clean report. its non sense jargon. I cant see throught it because none of it is correct. 

[Hokies2379]

My wife had something similar on an Old Navy cli request.  It was 4 completely contradicting statements.

[ddemari]

Yes contradicting thank u!! Completely off on their end. They have been sending apology decline letters saying your request may have been interrupted sorry. But still declined lol

[CreditMagic7]

Some of those reasons can be completely off the cuff.

For example my CLI denial letter today included "proportion of loan balance to loan amounts is too high".

Hah ha. Both those installments are a mere months from meeting term and done. But whatever.

[ddemari]

Normally it comes saying; too many inquires, not enough debt experience, lack of premium bank cards. While inquires true the others are garbage.this letter every single thing is nothing close to the truth. Nothing and I know these happen weird denials but these are like blatantly just stupid lol

[TekkenQQ7]

Sorry about your CLI denial, but now we know what to expect from synch bank

[gibeon]

I can't even figure out what they're trying to say with the first one... Does it mean you pay it off too fast?

I don't even open the envelopes with the red on top any more.

[ddemari]

lol I really look at them but this was a thin envelope so i looked at it. They are like a crazy person wrote them lol