Denied for Credit One?

[Anonymous]

As a person with a semi terrible past, I figured Credit One would pre qualify me for one of their terrible cards. I was wrong. But the reason givin is stupid in my eyes.

• You have insufficient credit history on installment loans - Yes I understand, they are saying my car loan has not had a history yet, but exactly how long must a car loan stay to prove history? It will be gone in 2 more years! Never missed a payment... Such a bogus answer to get for denial.

Anyone else had this weird of a denial for something you know is not right? I mean I would have been ok had it said "Credit History to short". but it didnt.

[Anonymous]

Sorry to hear but consider this a blessing in disguise.  Do you have any secured cards now?  If not, I'd look into it and forget credit one.  Also, if you have not done so already check out the rebuilding sub-section on here as it has a wealth of info...

[Anonymous]

Try capital one pre qual.

[Anonymous]

No, I don't have any secured cards. I just have a fingerhut account, Victoria's Secret and, NewYork & Co. Thought it would be a decent move to get a non store card, but I assume FICO makes no difference weather its store or prime or subprime card.

The rebuilding section has been helpful to me, I thought I would share my hallarious denial from Credit One, I am sure others have had similar denials that make no sense.

[Anonymous]

Yea, be glad. Definitely go the secured route. Try and go with big banks that will graduate. I went with Wells Fargo and US Bank in February. WF just approved me for their Amex Propel 2500. CL last week. Don't bother with Credit One. I'm closing mine in the 11th month, prior to another high AF hitting me. They really are terrible. I've since been approved by Chase 5500., Cap One 5K, 3 different Amex cards, the PRG, Delta PLAT, and BCE. I've also got USAA and SDFCU. But Credit One won't increase my CL from $400.00. I have less than 1% UTI, with only 1 card reporting. So screw Credit One. You don't need it.

[Anonymous]

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@Anonymous wrote:

No, I don't have any secured cards. I just have a fingerhut account, Victoria's Secret and, NewYork & Co. Thought it would be a decent move to get a non store card, but I assume FICO makes no difference weather its store or prime or subprime card.

The rebuilding section has been helpful to me, I thought I would share my hallarious denial from Credit One, I am sure others have had similar denials that make no sense.

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With your profile, you should get some secure cards in there to boost it.

[Anonymous]

Your scores are just way too low, and Credit One is unsecured. How many negatives are on your bureaus? Have you had any success in cleaning up your credit or are the negatives too new?

Can anyone add you as an au on 2 accounts? Try a secured card or 2 if you are able to afford it.

I don't have anything against the subprime cards like this with really low scores. Just get what you can and build a solid payment history while working to clean your credit. Your score will probably be in the 600's in 4-5 months.