Possible to have more than 1 evergreen by FNBO?

[alessandrom]

Update:

application came back denied this morning 😞. Oh well I should had known all those inquiries and new accounts were not going to sit wel with FNBO. Off to the garden. 

[mau471]

Bummer, sorry for your denial.

[FinStar]

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@alessandrom wrote:

Update:

application came back denied this morning 😞. Oh well I should had known all those inquiries and new accounts were not going to sit wel with FNBO. Off to the garden. 

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@alessandrom - was that the reason for the denial? Or, if you haven't received the letter, update your thread to confirm the reasons once you receive it.

[alessandrom]

@FinStar  Will post reasons stated in letter once I receive it in the mail in the new couple of days. 

[Red1Blue]

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@alessandrom wrote:

@FinStar  Will post reasons stated in letter once I receive it in the mail in the new couple of days. 

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Hi @alessandrom Did your hear from FNBO. What is the reason they gave for denial?

[alessandrom]

@Red1Blue  Hey, yes sorry forgot to update thread. They listed to many inquiries and accounts opened  within the last 12 months. Not surprised. 

[Red1Blue]

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@alessandrom wrote:

@Red1Blue  Hey, yes sorry forgot to update thread. They listed to many inquiries and accounts opened  within the last 12 months. Not surprised. 

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Hi @alessandrom I am sorry to hear that. How many inq's and new accounts you had at the time of the application. What CRA did they pull? When I applied for Ducks Unlimited I got my application declined with the same message "too many inqs". I am curious to see what they consider as an execessive inqs and new accounts. In my case 4 Inqs are from FNBO and 4 are from US Bank which is very hard inq hungry. I did get personal Mastercard and Biz Visa from FNBO and I am very happy. Trying to figure out how long I should wait before I ask for Biz Mastercard or Personal Visa from them. I am thinking 6 months for the new apps. But not sure about the Inqs they would say.

[alessandrom]

@Red1Blue  In my case I already have 1 Evergreen with them. They prequalified me again so I decided to pull the trigger. I had 9 inquiries in the last 12 months and 13 accounts in the last 24 months. When I received the evergreen I had 7 inquires at the time and 10 new accounts in the last 24 months and they didn't even flinch. I guess YMMV with them but I would wait at least 6 months if I was you.

edited: missed some words, apologies, typing on mobile.