@micvite wrote:Can someone chime in with a bit of wisdom to help me understand this, or is this just complete BS and they just want to give me a reason to say no?
32 total inquiries 6 in last year (will be 4 next month), none in last 6mo on TU.
I've NEVER gotten a cash advance on anything, ever, like never.
5 new acc in last year, 1 was auto loan and paid off and closed already, 1 is a motorcycle loan, 3cc (2 are store cards) and all accs are 11 mo already (this wasn't one of the denial reasons on the last letter I got last month)
Last month they said: too many inquiries, balances too high (everything was paid off) and recent usage on accounts was too high or something like that.
I'm starting to think they're just strict on CLIs rn, DW can't get one on her it either with a near 800 score 1250SL and her apple got an auto to 4800 from 2k and her ulta went from 1250-1750 as well. Same for me, everyone but disco gave me a CLI... going to try next month when my recent Inq and new accounts drops down and see what they can come up with next time...
Score pulled 726 at time of request.
Honestly I think sometimes Credit card companies just put down a bunch of stuff for denials just for the sake of listing things whether it is right or wrong.
@Anonymous wrote:
@micvite wrote:Can someone chime in with a bit of wisdom to help me understand this, or is this just complete BS and they just want to give me a reason to say no?
32 total inquiries 6 in last year (will be 4 next month), none in last 6mo on TU.
I've NEVER gotten a cash advance on anything, ever, like never.
5 new acc in last year, 1 was auto loan and paid off and closed already, 1 is a motorcycle loan, 3cc (2 are store cards) and all accs are 11 mo already (this wasn't one of the denial reasons on the last letter I got last month)
Last month they said: too many inquiries, balances too high (everything was paid off) and recent usage on accounts was too high or something like that.
I'm starting to think they're just strict on CLIs rn, DW can't get one on her it either with a near 800 score 1250SL and her apple got an auto to 4800 from 2k and her ulta went from 1250-1750 as well. Same for me, everyone but disco gave me a CLI... going to try next month when my recent Inq and new accounts drops down and see what they can come up with next time...
Score pulled 726 at time of request.
Honestly I think sometimes Credit card companies just put down a bunch of stuff for denials just for the sake of listing things whether it is right or wrong.
That's what I'm starting to think... next time just tell me: hey we don't wanna give you one, we don't like what you did with this card in the past and we think we have you too much and we're scared you're gonna ditch us🤣🤣
Disco kept giving me the same "You're not giving us enough spend. " excuse for a while. I finally stuck a $5300 purchase through them and they gave a $7K increase that same month.
The 30 day and excessive inquiries are likely what's truly holding you back. If you've been using the card for anything that could be considered a cash equivalent, they evidently take notice of that as well (this is the first time I've seen the cash advance excuse used by Disco.). Discover likes being your daily driver and lately seems to require spend above what happens to be the 5% cats for the month.
