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@Happychap wrote:
Just got home and finally received a letter! I was declined due to 'excessive obligations in relation to income' never Been denied for this reason before. I have a mortgage and two car loans and report only showed a balance on one card for 3600. Utilization is 1% with avaialble credit around 800k. Car loans and mortgage payment around 2500 per month . Annual income just under 200k.
I think they are taking into account my available credit, what do u think? As if u take the available 800k as a debt (as I know some banks do) than yes that would make sense I guess...
Dang sorry to hear, I don't have 800k avail so doubt thats my reason lol
@ojefferyo wrote:So detemined to get some more answers from DC I called the lending department again and they rechecked for me once more (FYI I think they keep records of when you call, she asked if if i had called yesterday, which I did). She put me on hold and talked to the underwriters once again. She comes back on the line and say that they do see the 2 application and are till "reviewing". So now I'm wondering who's pulling my leg here. Yesterday they said a letter is being mailed out and today they are still being reviewed.
just be patient buddy...i would give Diners 30 days now if i were to app for a 2nd card. By the time you know it you will be getting the PIN for the new card....![]()
@ojefferyo wrote:So detemined to get some more answers from DC I called the lending department again and they rechecked for me once more (FYI I think they keep records of when you call, she asked if if i had called yesterday, which I did). She put me on hold and talked to the underwriters once again. She comes back on the line and say that they do see the 2 application and are till "reviewing". So now I'm wondering who's pulling my leg here. Yesterday they said a letter is being mailed out and today they are still being reviewed.
@Anonymous long since you apped. I would not sweat it. Give another day. They told me same thing Tuesday. Said call back Thursday. But I called yesterday. @Anonymous. Heavy hitters. Over 750 tu.
Really don't know why they are confused with all the apps. Such a legacy card. Anyway. Good luck to all still waiting for answers.
@ojefferyo wrote:
@Happychap wrote:
Just got home and finally received a letter! I was declined due to 'excessive obligations in relation to income' never Been denied for this reason before. I have a mortgage and two car loans and report only showed a balance on one card for 3600. Utilization is 1% with avaialble credit around 800k. Car loans and mortgage payment around 2500 per month . Annual income just under 200k.
I think they are taking into account my available credit, what do u think? As if u take the available 800k as a debt (as I know some banks do) than yes that would make sense I guess...Dang sorry to hear, I don't have 800k avail so doubt thats my reason lol
800K in credit, Heheh.
I bet that took a while to build.
@Anonymous wrote:
@ojefferyo wrote:
@Happychap wrote:
Just got home and finally received a letter! I was declined due to 'excessive obligations in relation to income' never Been denied for this reason before. I have a mortgage and two car loans and report only showed a balance on one card for 3600. Utilization is 1% with avaialble credit around 800k. Car loans and mortgage payment around 2500 per month . Annual income just under 200k.
I think they are taking into account my available credit, what do u think? As if u take the available 800k as a debt (as I know some banks do) than yes that would make sense I guess...Dang sorry to hear, I don't have 800k avail so doubt thats my reason lol
800K in credit, Heheh.
I bet that took a while to build.
Yes. Impressive. 800k. I think he has good recon case. With so much. He is not blowing off anyone anytime soon.
@taxi818 wrote:
@ojefferyo wrote:So detemined to get some more answers from DC I called the lending department again and they rechecked for me once more (FYI I think they keep records of when you call, she asked if if i had called yesterday, which I did). She put me on hold and talked to the underwriters once again. She comes back on the line and say that they do see the 2 application and are till "reviewing". So now I'm wondering who's pulling my leg here. Yesterday they said a letter is being mailed out and today they are still being reviewed.
@Anonymous long since you apped. I would not sweat it. Give another day. They told me same thing Tuesday. Said call back Thursday. But I called yesterday. @Anonymous. Heavy hitters. Over 750 tu.
Really don't know why they are confused with all the apps. Such a legacy card. Anyway. Good luck to all still waiting for answers.
First app was the 31st and second app was yesterday. When did you app for yours?
@ojefferyo wrote:
@taxi818 wrote:
@ojefferyo wrote:So detemined to get some more answers from DC I called the lending department again and they rechecked for me once more (FYI I think they keep records of when you call, she asked if if i had called yesterday, which I did). She put me on hold and talked to the underwriters once again. She comes back on the line and say that they do see the 2 application and are till "reviewing". So now I'm wondering who's pulling my leg here. Yesterday they said a letter is being mailed out and today they are still being reviewed.
@Anonymous long since you apped. I would not sweat it. Give another day. They told me same thing Tuesday. Said call back Thursday. But I called yesterday. @Anonymous. Heavy hitters. Over 750 tu.
Really don't know why they are confused with all the apps. Such a legacy card. Anyway. Good luck to all still waiting for answers.
First app was the 31st and second app was yesterday. When did you app for yours?
I apped the 31st. Got answer yesterday. But CSR said was approved Monday.
@direct007 wrote:I had a similar issue. Waited 3 weeks, called a few times, they couldn't find anything. Come to find out, I was declined because my po box was showing as my primary address on my TU report with my physical address as a secondary. They advised me to have the physical address listed as the primary with TU and then reapply. I then logged into my TU account, and found that you can rearrange the priority of your addresses. I did that. Checked TU the very next day and saw that the addresses were in the correct order and then reapplied for the Diner's Club card. Waited a few days, called in, they still couldn't find me. I explained that I was now waiting almost a month and they transferred me to an underwriter. She found the new app, pushed it through and was approved for 50k. A month and two hard inquiries on TU. It was worth the aggravation for 50k. ;o)
Holy ... approved for $50K ... awesome. Congrats!
@direct007 wrote:I had a similar issue. Waited 3 weeks, called a few times, they couldn't find anything. Come to find out, I was declined because my po box was showing as my primary address on my TU report with my physical address as a secondary. They advised me to have the physical address listed as the primary with TU and then reapply. I then logged into my TU account, and found that you can rearrange the priority of your addresses. I did that. Checked TU the very next day and saw that the addresses were in the correct order and then reapplied for the Diner's Club card. Waited a few days, called in, they still couldn't find me. I explained that I was now waiting almost a month and they transferred me to an underwriter. She found the new app, pushed it through and was approved for 50k. A month and two hard inquiries on TU. It was worth the aggravation for 50k. ;o)
Wow $50K, niceeee
May I ask what was your TU FICO score?
@Anonymous wrote:
@direct007 wrote:I had a similar issue. Waited 3 weeks, called a few times, they couldn't find anything. Come to find out, I was declined because my po box was showing as my primary address on my TU report with my physical address as a secondary. They advised me to have the physical address listed as the primary with TU and then reapply. I then logged into my TU account, and found that you can rearrange the priority of your addresses. I did that. Checked TU the very next day and saw that the addresses were in the correct order and then reapplied for the Diner's Club card. Waited a few days, called in, they still couldn't find me. I explained that I was now waiting almost a month and they transferred me to an underwriter. She found the new app, pushed it through and was approved for 50k. A month and two hard inquiries on TU. It was worth the aggravation for 50k. ;o)
Wow $50K, niceeee
May I ask what was your TU FICO score?
Below are some stats people were posting. So I think poster falls in latter group.
10k -710
15k – 689, 687, 678, 731, 770
20k- 712, 723, 748, 740
25k – 767
30k – 670, 721, 751, 782, 788
40k – 732, 806, 811, 812
50k – 794, 850