A couple of weeks ago I decided to start aggressively rebuilding my credit. I got an unsecured Cap1 Platinum MC with a $500. Then Experian’s credit card matcher said I had great odds on an Amex Blue. Really?? So I applied and got an $8k CL (though the rate sucks.) And then I decided to take Disco up on the countless offers they send me. They said hold your horses, we need to think about this and we’ll let you know in a week.
So I was trying to get an update from their online tool to check you app status and got “There was an error retrieving your application. Please try again.” Trying again gets the same message, over and over.
What does this unhelpful message even mean. I suspect this means I’ve been declined, but it would be nice to know for sure.
It would be so hilarious if I got approved by Amex, and rejected by Disco...
So I was trying to get an update from their online tool to check you app status and got “There was an error retrieving your application. Please try again.” Trying again gets the same message, over and over.
What does this unhelpful message even mean. I suspect this means I’ve been declined, but it would be nice to know for sure.
It would be so hilarious if I got approved by Amex, and rejected by Disco...
I think I got an answer. I went back and ran their soft pull tool to check for offers. And I got:
TOO MANY RECENT INQUIRIES
Mystery solved. About 6 months ago I tried to refinance my car through my credit union and they ran like 8 hard pulls. Combine that with the Amex and Cap1 HPs, and I’m over the line.
I still think it’s hilarious that I got an Amex, and a big ol’ middle finger from Disco. Lol.
TOO MANY RECENT INQUIRIES
Mystery solved. About 6 months ago I tried to refinance my car through my credit union and they ran like 8 hard pulls. Combine that with the Amex and Cap1 HPs, and I’m over the line.
I still think it’s hilarious that I got an Amex, and a big ol’ middle finger from Disco. Lol.
Got my official rejection today:
TOO MANY RECENT INQUIRIES
UTILIZATION TOO HIGH (14% is too high?? WTH?)
NO MORTGAGE ON CREDIT REPORT
Super weird. I think I'm supposed to build my credit with three cards. I've got the AMEX and Cap1 One, along with a secured card from my local CU. Do I need another "real" CC, or is the secured one good enough?
So I took a look at my Experian credit report, and I have 3 recent inquiries as of the date that Disco pulled my credit. However..in Nov 2018 I tried to get an auto refinance through my local CU, and they ran 20 (that's right, 20) hard pulls with various finance companies. I've heard that lenders are supposed to "group" inquiries when you're loan shopping, but it looks like Disco is not doing that. Well, unless three pulls is considered excessive.
Is there any way I can smack my CU upside the head? More seriously, is there any way to consolidate or appeal all those hard pulls?
@8bitmachinegun wrote:So I took a look at my Experian credit report, and I have 3 recent inquiries as of the date that Disco pulled my credit. However..in Nov 2018 I tried to get an auto refinance through my local CU, and they ran 20 (that's right, 20) hard pulls with various finance companies. I've heard that lenders are supposed to "group" inquiries when you're loan shopping, but it looks like Disco is not doing that. Well, unless three pulls is considered excessive.
Is there any way I can smack my CU upside the head? More seriously, is there any way to consolidate or appeal all those hard pulls?
The only way that I know of disputing a Hard pull is by sending a snail mail letter to Experian or heading to your CU and dispute it with them in person with copies of your credit report.
