Didn't find much DPs on Citizens One Line of Credit so thought I would post this. Was purchasing a treadmill through Sole, got pre-approved via a SP for a $3,000 LOC 12 months 0% APR and accepted it. The pre-qualification was a SP but they did do a HP on Equifax when I actually submitted the app. From the limited DPs I read this appears to be a hidden TL so I will see if that is true.
What I have not yet been able to determine is if I can use this LOC anywhere else and if it stays open AFTER paying this equipment off. If it does that would be cool for a hidden TL.
DPS:
FICOS: 750+ across the board
Inquiries: 4/12 on EQ
New Accounts: 14/12
UTI: 7%
Congratulations on your approval!
I wouldnt call it similar to Affirm because its a hidden TL... and it doesnt report as a CFA either... Proportedly they only report when they dont get paid and quite a bit late, and they are quite reasonable to deal with... Had card issues with Citizens One with IUP and it wasnt a big deal ...
Though like you said, you need to reopen and take an HP when you replace or buy a new device...you cant re-use it..
Think IUP and XBOX....
-J
