Uber Visa.. Approved ...denied...again denied

[Anonymous]

Just wanted to share my experience this morning.

Applied for Uber Visa on Saturday, received 10 days review message, and called the credit analyst to check what’s going on, she said its pending with another department and asked me to call back on Monday and she gave me the department number to call.

This AM, I called the another department, he reviewed the application and asked my income and approved for $500.

 YAY!!!!

I asked if I can get higher SL, and he said sure let me transfer you to another department. Subject to review!!! I said ok.

Another credit analyst reviewed my file and asked, why I have 7 accounts opened during 2017. And I told why.. blah blah...

put me on a brief hold... and comes back with declined message.  I said what!!! it was approved a moment ago, I am asking for CLI... he says "I had to review your file and with the given accounts opened last year I cant approve at this meoment". Pleas apply again after some time.

Waited for 2 hours and called again, same stuff.. income.. years of employment, brief hold.. why so many accounts.... sorry cant approve.

Gosh!!! I should have taken the first approval..but I was not aware they can revert the decision... well they can do anything.

TU - Fico - 745

Accounts Opened since 2016 - 11

Accounts opened in 2017 - 7

Accounts opened in June 2018 - 3(Not yet reported to Credit Agencies, 2 new from amex with SP, 1 US Bank cash plus($5k SL))

Zero negative marks

On time payments

Total credit limit – $98k

Utilization – 13%

[Anonymous]

Dang that hurt just reading it...

Dont let it keep you down though.

Let those 2016 inquiries fall off then try again. Good luck

[Anonymous]

"The Uber Visa Card is issued by Barclays Bank Delaware"....IJS....

[FinStar]

OP, granted a little late in the game, but you should've left well enough alone at the $500 approval.

Although in very rare instances, they've been known to have secondary lending reviews that may overturn the original decision. NASA FCU, DCU, Chase, US Bank have been known to do that as well, for instance.

[drboxing]

that's horrible, sorry that happened

[Physh1]

Barclay is a rough animal. If you get in again, say after a year or so, I'd suggest not poking the bear. I started out 2 years ago at $500. I'm a $7000 on the card & have a uber card at $6900. They are a sensitive lender...& proactive about cld's if they see something they don't like. Sorry it happened...be a little more gentle next time :-)

[atst2000]

Honestly don’t beat yourself up. I have a Barclaycard and they’ve been nothing short of a nightmare. I have a 765 FICO and they’ve CLD me twice last 12 months just for getting one new card. There like a jealous ex girlfriend.

I get the “risk” factor but this has happened to a lot of us on here and it’s straight up ridiculous including your unpleasant experience. There’s hundreds of threads online about closures and CLD from Sir Barclay’s so your not the only one.

Keep your head up

[Anonymous]

Bummer. $500 means you barely got in and probably shouldn't have pushed your luck. Sit in the garden for a while (maybe 6 months to a year) and try again.