Strangest reasons provided in denial letter?

[swpopham]

---

@CreditobsessedinFL wrote:

---

@Anonymous wrote:

I am an underwriter and i recently got an application in which the customer had 95 open accounts, 186 inquiries, late pays, collections and 95% DTI.

This so far, this is a record breaker. 

There was not a denial reason strong enough..... 

Had to go with:

• Collection Action or Judgement
• Delinquent Past or Present Credit Obligations with Others
• Excessive Obligations in Relation to Income

FICO Family - do not do this. I repeat DO NOT do this...

---

+1---THIS

---

What report allows you to have that many inquries? Ive had enough to bump old inquiries off my report. 

[Anonymous]

Transunion, all of these inquiries were in the last two years.

Unbelievable.

[Anonymous]

Digging through my "America's Most Wanted" list... ahh, here we go; First Tech FCU "Insufficient available credit" (actually like 3% UTI on 60Kish) AND wait for it... "Excessive unused credit" IIRC.

[DaveInAZ]

---

@Anonymous wrote:

I am an underwriter and i recently got an application in which the customer had 95 open accounts, 186 inquiries, late pays, collections and 95% DTI.

This so far, this is a record breaker. 

There was not a denial reason strong enough..... 

Had to go with:

• Collection Action or Judgement
• Delinquent Past or Present Credit Obligations with Others
• Excessive Obligations in Relation to Income

FICO Family - do not do this. I repeat DO NOT do this...

---

I'm going to hazzard a guess that person has never spent much time on MyFico.

And youi might consider adding a denial reason:

No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!No!