Well, this is interesting. I was approved for a $5,000 Visa credit card by my credit union. Two days later, Target declined. They said my Equfax score of 659 was not high enough and that my 1 year of on-time car payments and 2 years of my Capital One was not enough. Rats, I wanted that 5 percent discount since I grocery shopping there at times. At least I used to. Should I dispute this after the CU reports my new card and my score rises?
As you can see, I like to focus on the negative.
It probably won't report before your timeframe for disputing expires. You can just get the Target Debit card for the 5%.
@Anonymous wrote:Well, this is interesting. I was approved for a $5,000 Visa credit card by my credit union. Two days later, Target declined. They said my Equfax score of 659 was not high enough and that my 1 year of on-time car payments and 2 years of my Capital One was not enough. Rats, I wanted that 5 percent discount since I grocery shopping there at times. At least I used to. Should I dispute this after the CU reports my new card and my score rises?
As you can see, I like to focus on the negative.
I'm guessing you meant to say that you would request reconsideration aka "recon" from Target and not "dispute." And its unlikely your score will rise immediately after the new card reports because you've now incurred a new account penalty i.e. your Average Age of Accounts is lower and your Age of Youngest Account is reset to 0 months.
@Brian_Earl_Spilner wrote:It probably won't report before your timeframe for disputing expires. You can just get the Target Debit card for the 5%.
