got a question members. i got accepted to psecu and i decided to apply for the visa card friday. i checked my status and it says your loan is on hold for the following reason(s): verification that all collection accounts have been satisfied. i only have one collection and that is CMI for 437.00 paid it about 4days ago however it is not reporting as paid. it is showing as a dispute on the credit report because i did not agree with the amount and i disputed it. the amount was twice what i paid. how would they verify that is has been paid and do you think i have a chance of getting approved.
Starting Score:05/02/2010- TU-589-EQ-549
thx im calling first thing in the morning.
account update. i sent the letter to psecu stating that the collection had been paid and the loan officer said the visa was approved for 10,000.00. my activation notice was on line in minutes after the approval over the phone. already faxed the signed document in. WOW!!!! I have never had a credit line that big ever. i just recently bought a car i wonder if they would re-finance it for me for that low 3.99 interest rate.
nope not yet. it's not available online through them yet and i was so excited i got approved i forgot to ask. i will call them tomorrow and ask. hopefully they will tell me over the phone. i'm gonna be to happy to tell orchard credit card goodbye..... i can tell you i have a dismissed bankruptcy that will be 6 yrs old in march 2011, a paid judgement for 2300 that is coming off 11/2011, and some late pays over a year ago on my home but since i have two auto loans paid for and never been late and the credit cards with low limits i've had for 3yrs never been late. also a second mortgage never late.
oh @ creditaddict when i got my car last month my auto enhanced for experian was 734.
Wow, congrats! Did they ask for household or individual income? Would you mind sharing what it was?
Just wondering because I'd like to apply too...after a couple baddies fall off. Do you have any baddies?
Starting Score: 648@ clocktick thanks. i provided individual income of 80,000.00. read my earlier post. i listed my baddies. i hope you get approved. let us know how it works out.