Re: Pre-Qualification Fico score updating

Anonymous · ‎02-02-2016

Question church,

Anybody have any feedback on an approximate length of time I should wait for my increases in fico scoring to be refleccted in the SP done by varying cc companies?

So for example, I get denied for pre-qual with a score and report relfecting a 620 +/-

a few weeks later my scores update to the ones in my signature....the same companies that pre-qualified me before still do. as well as the ones that denied me. And my credit factors are all excellent minus my inquiries and AaoA.

So im just wondering if someone has input.

Thoughts?

OmarGB9 · ‎02-03-2016

Probably at least a month, if not two.

Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:

Current FICO 8 scores:

Anonymous · ‎02-03-2016

Well if you are seeing a yes when a week ago it was a no, then do it. I can't see a prequal being the rock bottom in which to get in. For example a 2 year old late needs an additional 15-20 points to get approved personal experience.

crrredit · ‎02-03-2016

That's a nice score bump. You might want to wait a bit and see if they continue to r

Anonymous · ‎02-03-2016

Well i am not seeing any "yes" replies yet from the companies that previously denied me. And my UTI is excellent and payment history is excellent, but not all of that is taken into account during a soft pull. So I was just hoping the significant score increase would at least push their system into pre qualifying me. Keeping in mind of course I am not attempting pre-quals for cards way out of my range.

Anonymous · ‎02-03-2016

@Anonymous wrote:
Well i am not seeing any "yes" replies yet from the companies that previously denied me. And my UTI is excellent and payment history is excellent, but not all of that is taken into account during a soft pull. So I was just hoping the significant score increase would at least push their system into pre qualifying me. Keeping in mind of course I am not attempting pre-quals for cards way out of my range.

I hear most keep the info for 30 days. Amex seems to be a bit longer.

SouthJamaica · ‎02-03-2016

@Anonymous wrote:
Question church,
Anybody have any feedback on an approximate length of time I should wait for my increases in fico scoring to be refleccted in the SP done by varying cc companies?
So for example, I get denied for pre-qual with a score and report relfecting a 620 +/-
a few weeks later my scores update to the ones in my signature....the same companies that pre-qualified me before still do. as well as the ones that denied me. And my credit factors are all excellent minus my inquiries and AaoA.
So im just wondering if someone has input.
Thoughts?

Unfortunately it varies a lot. I see that many of my soft pulls are based on reports that are 3 or 4 months old.