Discover card getting more lenient with approvals?

[mistman1978]

Two credit card charge offs in 2015 due to extended unemployment. Was simply broke...
Now my wife and I relocated and have very good jobs. Are household income has more than doubled from 3 years ago.

[pinkandgrey]

I have found Discover to always be somewhat lenient in lending. Disco was my first decent limit, and it was for many other members too. Congrats!!

[JR_TX]

Disco seems to have a special interest on people starting out on their credit journey or have just rebounded from it. The DPs here would suggest they don’t like competing against other cards as far as being your go-to card although the opposite seems to happen to me as they keep on giving me CLIs every 5 months and out CL’ing my other cards. My monthly spend with them only averages $650 a month. $150 less than my Cap1 who wouldn’t give me anymore for “low-usage crap”!

[Anonymous]

I think Discover has always catered to weaker profiles relative to most other lenders.  "Weak" can come from a variety of factors such as less than stellar payment history, young files, thin files, etc. 

[wasCB14]

Scores don't exist in a vacuum. On an earnings call about a year ago, DFS management expressed optimism about low CC default rates given low unemployment.

[Anonymous]

I actually just got denied last night for the Discover IT card, their reasoning when i called the recon line was "too many new revolving accounts in the past 24 months" and that i didnt have a "large enough payment history in those accounts "

mind you i have a 770 experian score, 65,000 in total credit line with 9% being utilized. Have several closed loans from the past few years that were paid on time, AND i have an average account age of 7 years with the longest being 10. The only accounts i've opened in the last 24 months was a auto lease on Nov 2018, an Amex gold on april 2019, and a chase freedom as well on april 2019....

[Anonymous]

Yikes, denied for too many new accounts at 3/24!

[CreditInspired]

---

@Anonymous wrote:

I actually just got denied last night for the Discover IT card, their reasoning when i called the recon line was "too many new revolving accounts in the past 24 months" and that i didnt have a "large enough payment history in those accounts "

mind you i have a 770 experian score, 65,000 in total credit line with 9% being utilized. Have several closed loans from the past few years that were paid on time, AND i have an average account age of 7 years with the longest being 10. The only accounts i've opened in the last 24 months was a auto lease on Nov 2018, an Amex gold on april 2019, and a chase freedom as well on april 2019....

---

Hi and welcome to MyFICO

Question: Are you only making minimum payments or close to it? I suggest when you don't PIF, try to at least make 5-10x the minimum payment. 

What is your DTI? The reasons given may be related to that too and have them concerned.

[kilroy8]

Discover is a big crap shoot. On my Disco #1, I spent two years with "not enough experience at current ..." with small CLIs here and there. When it hit 2 years old, they doubled it from 6K to 12K.

My usage was pretty consistent throughout (almost all category spend), but I did decline a couple CLIs just before the big one.

[Anonymous]

I pretty much PIF on all my Cards, except with my newly opened Chase freedom unlimited, made a decent sized purchase using the 0% intro APR and even then im paying like 7x the minimum.

As far my DTI, according to my crude calculations, im at anywhere from 30-37%? idk