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Declined credit from Web Bank

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Anonymous
Not applicable

Declined credit from Web Bank

Applied for Petal Visa which is through Web Bank. Funny I have a Avant card with same bank. Reason why I was declined of Bk 7. Discharge a year lol

Message 1 of 5
4 REPLIES 4
FinStar
Moderator Emeritus

Re: Declined credit from Web Bank

Although WebBank offers an array of different products, each has their own UW criteria.  Sorry to hear Petal was a no-go.

Message 2 of 5
SUPERSQUID
Valued Contributor

Re: Declined credit from Web Bank


@Anonymous wrote:

Applied for Petal Visa which is through Web Bank. Funny I have a Avant card with same bank. Reason why I was declined of Bk 7. Discharge a year lol


 Last year i applied for jasper which is also web bank and was denied because i had to be 2 years post bk, curiously enough web bank has given me a 2600 limit for a fingerhut acct, go figure.

 

{ BK7 DC 12/2019 } target 2800/ kohls Visa 7000/ discover IT cb 5800 / 2nd discover IT cb 6000/mercury 4100 /legacy 3500 /HUE cc 3500/ cap1 QS 5000/ cap 1 savor one 3100 /Bread rewards Amex 4650, Penfed PCR signature visa 10k/ penfed gold 5600 /NFCU signature visa cash rewards 21700/bread cashback amex 8000

>/ nfcu platinum 15k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 55k
Total utilization above 50 pct.
Ficos ,most are slightly above 700, the 9's slightly higher than the 8's

TCL - about 110k
Retired since 2017
Message 3 of 5
Anonymous
Not applicable

Re: Declined credit from Web Bank

Discover 6500. Capital One 2100 Credit One 2150  Ollo 1800  Kohl's 400 Shell 800 I did get approved for Big O tires 700. Have 20700 credit. I have few more cards. Credit score Ex 648 EQ 652 TU 660. Discharge bk 7 Sep 20

Message 4 of 5
Anonymous
Not applicable

Re: Declined credit from Web Bank

Personally, I think your credit seeking behavior being only 1 year post bk might be the reason for the denial 

Message 5 of 5
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