MY FRIEND HAS A QUESTION FOR THIS FORUM. MY FRIEND WAS ADDED AS AN AUTHORIZED USER TO HIS SON'S CREDIT CARD BACK IN 2009. THE CARD WAS DEFAULTED $300 FOR CAPITAL ONE. SHE HAS NO IDEA UNTIL SHE CHECKED HER CREDIT REPORT. MY FRIEND IS A STARTER IN CREDIT AND IS ADDED TO MY AMEX CARD 10K AS AN AU. IF SHE DECIDES TO APPLY FOR CAPITAL ONE STUDENT CARD, WHAT WILL BE HER APPROVAL ODDS? SHE EARNS 80K A YEAR AND SHE IS AROUND 700'S IN HER CREDIT KARMA SCORE BECAUSE OF MY AMEX CARD. SHE WAS ADDED TO MY AMEX CARD LAST MONTH AND HER SCORE WENT FROM 630 TO 720.
AND ALSO, SHE APPLIED FOR SERVEAL CREDIT CARDS LIKE DISCOVER, AMEX AND CHASE. ALL DECLINED LAST MONTH OF MARCH. SHE HAS 3 HARD INQUIRES.
THANK YOU EVERYONE!
1. please turn off caps locks. My ears are bleeding.
2. try capital one pre-qualify site. This is a good way to find out what she is approved for without the hard inquiry.
3. you indicated the credit karma scores, you may be aware, but if you are not, credit karma scores are not very useful to determine approval odds as the vantage scores provided by credit karma are not used by lenders and have a wide range of variation.