DCU %#//!^

[CreditDunce]

Last month, Designated_Knitter posted what a CSR said the requirements for a CC were:

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Wondering-if-you-qualify-for-a-DCU-Unsecure...

Also, when I joined DCU last year, they said I had a pre-qual offer for their credit card.  At the time, I had 5 new accounts within 6 months.  Then the quarter after that (Jan), I received a pre-approval notice when I log in under "Accept Loan Preapproval".   I also received the same pre-approval this quarter (good April 1 through June 30th).  At the time of the last pre-approval, I think I had 13 new TL's in the last year (8 in the last 6 months, most of which were from Jan/Dec).  Although, that is counting a total of 4 Amex's with a 21 year MSD. 

I do not know if the pre-approval's are any good.   The wording in the pre-approval says "Accept and Verify" for the DCU Platinum Visa with a limit "up to" 10k.   No firm interest rate is shown.  I have no intention of applying for a DCU CC, however.

[Anonymous]

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NYSuperdoodle wrote:
I don't think "upset" is an accurate description of my feelings. Disappointed would be closer to the mark, I think.

As to new accounts, I've got a bunch. Something like 15 over the past year. No derogs, no lates, and util<8%. Bottom line for me is that I can't be bothered with wasting more HP's on them.

I'm not complaining. I'm aware they have many happy customers, which is entirely why I apped. I just thought others with a lot of new accounts might want to take my experience into consideration before apping them. Or not. YMMV.

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I totally understand. I thought about it after I had posted that "upset" probably wasnt the tone in your post. thanks for sharing with all of us so we don't misstep in the future.

[Cali_Credit]

I've had DCU for a few years and I've tried to get an increase from 10k and I've been denied twice even tho I have DD with them and a auto loan. I gave up and canceled my checking with them. I still have my auto loan but there credit limits are very limited. I've also had 2-3% UTL but they claim I have to much exposed credit lol! There not for me.

[tonyjones]

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@Cali_Credit wrote:
I've had DCU for a few years and I've tried to get an increase from 10k and I've been denied twice even tho I have DD with them and a auto loan. I gave up and canceled my checking with them. I still have my auto loan but there credit limits are very limited. I've also had 2-3% UTL but they claim I have to much exposed credit lol! There not for me.

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damn....... I'm hoping after a year of usage they can increase my CC from $10K to $20K

[NYSuperdoodle]

Well I was just alerted by my credit monitoring that they pulled multiple CRA reports (all over 700) before denying me. Obviously all of my accounts are reported to all CRA's, so the decision to not give me credit was made after one pull. The other hard pulls seem completely unnecessary. I'm so done with DCU.