I applied for this card in August 2018 with 3 inquiries, 5/24 (and 12) for new accounts, and was I denied for too many recent inquiries. I also had 2 open (very small) collections, and it had been 10 months since my last 30 day late. Utilization was probably 1%. EX was about 660.
I got a mailer for the card a couple weeks ago. After impulsively submitting the app, I realized it was a marketing thing (from MLife, apr range, "pre-selected" to apply...).
Stats at time of app:
EX Inq: 6/10/20 (in 6/12/24 months)
New accounts: 7/19/37 (in 6/12/24 months)
EX was 693 when they pulled it.
Util~18-20% depending on the day
Income is $108k
Imagine my disbelief when I got an email a few days later contgratulaing me on my new MLife card with a $7,000 SL. The card has arrived, been activated and used so I guess it's for real. I still don't really believe it though.
Spurred by this obvious glitch in the matrix, I then went 0/5384995 on CLI requests LOL. Good to know things are back to working as expected.
Anyway-while not a big draw for most, this has been a goal card for me. I'm shocked but thrilled at the approval and the SL (not my highest but also nowhere near my lowest-avg is about $5k).
Congratulations on your approval!
@I_Love_Cards wrote:
... MLife card with a $7,000 SL.
Cool story. Congrats! on your very nice approval & thanks for the DPs. 
Thanks all!
And on the DP's, the two collections ($393 & $79) were paid and removed from my reports about a year ago.
I have had 2 paid charge-offs on my reports as well. I believe those were still on my EX file when FNBO pulled it this time (They aged off in the last week though - so quite a bit older and no lates at all since that same one in 10/17).
Not a clean file even if they weren't there, but better.
I don't think C/O's from 7 years ago factored into any lending decision as much as my bazillion new accounts and inquiries though. That may not have been the case in 2018.
Congratulations!
Congratulations on your approval!!!
Congratulations on your approval!
