Hey guys!
So, I pulled the trigger and applied for the Citi Diamond Preferred. Unfortunately, I was declined; based on what the CSR told me, it was based on Exp reporting a "limited credit history."
Whhhhaaaaat?
Correct me if I'm wrong, as I may be misunderstanding something here. But, it sounds as though Citi received a report showing limited history, as in - my AAoA is low.
I established credit over a year ago with a car loan, which I was able to refi. During the refi, Exp was pulled, and the refi went along swimmingly (it was actually really awesome!). So I'm kind of calling BS on Citi at this point. -_- My credit union didn't have a problem with my Experian report three months ago, so what's the problem with Citi? -_0
Like, what's the deal? Did Citi goof up, or are they just difficult to deal with? I went the recon route, which was unsuccessful. I was getting all kiiiiinds of 'tude from the CSR (and I was being a nice guy too!).
I received the rejection letter in the mail today, and it sites the same reasoning. Should I call back and bang my head against the wall again, or just let it go? >
So, I pulled the trigger and applied for the Citi Diamond Preferred. Unfortunately, I was declined; based on what the CSR told me, it was based on Exp reporting a "limited credit history."
Whhhhaaaaat?
Correct me if I'm wrong, as I may be misunderstanding something here. But, it sounds as though Citi received a report showing limited history, as in - my AAoA is low.
I established credit over a year ago with a car loan, which I was able to refi. During the refi, Exp was pulled, and the refi went along swimmingly (it was actually really awesome!). So I'm kind of calling BS on Citi at this point. -_- My credit union didn't have a problem with my Experian report three months ago, so what's the problem with Citi? -_0
Like, what's the deal? Did Citi goof up, or are they just difficult to deal with? I went the recon route, which was unsuccessful. I was getting all kiiiiinds of 'tude from the CSR (and I was being a nice guy too!).
I received the rejection letter in the mail today, and it sites the same reasoning. Should I call back and bang my head against the wall again, or just let it go? >
Welcome to the forum. Besides the car loan, what other items appear on your CR's? Do you have any revolving cc's ? Student loans?
Mhm, I have a Discover It (5k) and an AmEx BCP (2k). No student loans. No negatives.
How long have you had your cc's?
I've had an excellent track record with Discover since January, the same goes for AmEx since February.
Frankly, I'm not sure what else Citi would need to see. I receive pre-approved offers consistently from their competitors. It seems as though they either A: Use a different approval structure, or B: Had an issue receiving a report from Exp, and wrote it off.
Frankly, I'm not sure what else Citi would need to see. I receive pre-approved offers consistently from their competitors. It seems as though they either A: Use a different approval structure, or B: Had an issue receiving a report from Exp, and wrote it off.
I am also curious about this thread. Adding a Citi card to my portfolio is the last one I want for now. I also have a limited history, but I do have many accounts (17 credit cards, an auto loan, and student loans). My Experian score is sitting at around 700. I am a student, but I also have a great income to work with. If I applied for the student card, would that hinder me later on when I am eligible for higher limits? I really want the ThankYou Prferred card, because I cannot stomach another AF card....
$7.5K 
$23K 
$5k 
$300(SEC) 
$500 
$300 
$1,500 
$800 
$800
Your credit profile is less than a year. Citi is requesting a longer history from you, which is their right. Anything less than 2years is generally considered thin as far as AAOA is concerned.
