Mid app spree, 1 approval, 2 pending and 1denial

[Anonymous]

No new cards in 3 years. All mid 7xx Fico 8 scores. Oldest 11 years Average age 4 years. Personal loan and auto loan summer 18.
Yesterday the 6th,
Pre approved Disco 1st, approved and deets in approval section. EQ and EX pull
2. Pre approved CSP, 24 hours later 30 day notice, EX and TU pull.
3. Cold app, Barclay Arrival Plus, 24 hours later in review still and 10 day notice.
4. Joined Penfed and cold app cashplus card. DENIED. “Number of accounts, uti of accounts, and derrogotary or negative remarks” I plan to recon and would appreciate help in this process. On this EQ pull only, I have ZERO negative remarks of any sort(on any bureau), 11% total uti, and no new accounts except an auto and personal last summer. $165k income. I’m in shock.

[pinkandgrey]

Sorry about the Penfed denial. Weird to say the least. Congrats on the Disco! And good luck on those pending apps

[Anonymous]

Congrats on discover! Fingers crossed for CSP!

[hawkins]

Yea PenFed has definitely changed. If you would of apped this time last year I would say you would most definitely of been approved. This year I see they hav been very conservative in lending to the point I think I have read more denials this year then approvals. Definitely call and try to recon but I was told by a rep a couple months ago they were in the process of changing policies on that as well. Who knows. Best of luck. 

[Anonymous]

I called for recon, and the csr told me that i can not speak to a loan officer without a written and signed letter, via fax or email, asking for them to contact me for recon. Which i have just done, begrudgingly.

[seattlecredit08]

Interesting on PenFed. That is definitely a shocker. Would definitely be interesting to see if they provide more info.

On Barclays, it seems that they often delay due to the requirement of an additional security check. Multiple people have reported recently having to send in their ID and address documents for final approval (I had to recently do this for their Uber card).

Thanks!

[Anonymous]

Do I/should I follow up with Barclays? Or just wait?

[coldfusion]

Wait on the CSP, 30 days means that they haven't fully reviewed the application yet.  Call the automated recall line daily to check status.

If it changes to 14 days you'll almost certainly be approved.

If it changes to 7-10 days call the recon line and speak to a CSR.  It could be a rejection, but it could also mean that they just need additional verification.

[clevo4040]

Congrats! Newbee question what does CSP stand for???

[Anonymous]

Chase sapphire preferred.

Coldfusion, seems u know the process with the csp. Are “pre-approved” apps usually solid with them?