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Merrick Already on Credit Reports!

shalimarcat
New Contributor

Merrick Already on Credit Reports!

  Hello everyone. On November 3rd I applied and was approved for a Merrick Double Your Line Card. I was shocked to find out that it has already been reported to TransUnion and Experian- I don't even have the card yet!

Message 1 of 8
7 REPLIES 7
FireMedic1
Super Contributor

Re: Merrick Already on Credit Reports!

Probably auto send once it was created.






Homeowner since Sept 2020. My posts are JMHO. My siggy is not to brag. Just sharing my experiences after BK from learning here from rebuild to recovery from the @ 540's.
Message 2 of 8

Re: Merrick Already on Credit Reports!


@shalimarcat wrote:

  Hello everyone. On November 3rd I applied and was approved for a Merrick Double Your Line Card. I was shocked to find out that it has already been reported to TransUnion and Experian- I don't even have the card yet!


Me too! In December I applied from the credit Karma website but I didn't get an instant approval, since they needed more info to verify my identity. 2 days later I called them and answered a few questions and was instantly approved for a SL of $1,000. A few minutes after hanging up the phone my Experian alerted me of my new account!  Great for rebuilding.


Rebuilding along with DH since 11/2021
1/10/22

1/14/22

1/13/22
DH's scores/cards

1/14/22

1/14/22

1/14/22





Message 3 of 8
FireMedic1
Super Contributor

Re: Merrick Already on Credit Reports!


@Let_your_garden_grow wrote:

@shalimarcat wrote:

  Hello everyone. On November 3rd I applied and was approved for a Merrick Double Your Line Card. I was shocked to find out that it has already been reported to TransUnion and Experian- I don't even have the card yet!


Me too! In December I applied from the credit Karma website but I didn't get an instant approval, since they needed more info to verify my identity. 2 days later I called them and answered a few questions and was instantly approved for a SL of $1,000. A few minutes after hanging up the phone my Experian alerted me of my new account!  Great for rebuilding.


Congrats on your approval!






Homeowner since Sept 2020. My posts are JMHO. My siggy is not to brag. Just sharing my experiences after BK from learning here from rebuild to recovery from the @ 540's.
Message 4 of 8
HowDoesThisAllWork
Frequent Contributor

Re: Merrick Already on Credit Reports!


@shalimarcat wrote:

  Hello everyone. On November 3rd I applied and was approved for a Merrick Double Your Line Card. I was shocked to find out that it has already been reported to TransUnion and Experian- I don't even have the card yet!


@shalimarcat 

 

If you were to pull your three credit reports from annualcreditreport.com do you see the actual account listed?  I am guessing that since the original post was back in November (so, two full months ago at the time of my post) that you would see the Merrick revolver listed now.  As you have had at least one "Statement Cycle" (if not two).

 

I know that you get an alert from the different Credit Reporting Agencies upon a new Hard Pull and upon a new "credit account" being issued (assuming, of course, that you have an account with the appropriate parties - myfico.com or credit.com or the three CRA's, if not numerous others), but you typically do not see said account on the actual credit reports until there has been at least one statement generated by said creditor.

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FICO Bankcard 2/4/5 Scores as of 2021 JULY 21:


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Message 5 of 8
shalimarcat
New Contributor

Re: Merrick Already on Credit Reports!

  Yes, the account showed up on my credit reports before I received the card. I was shocked, as I also thought it wouldn't report until a statement generated. Shortly, after that it showed up on Equifax, as well. Very speedy, and raised my score quite a bit. 

Message 6 of 8
OmarGB9
Community Leader
Super Contributor

Re: Merrick Already on Credit Reports!


@HowDoesThisAllWork wrote:

@shalimarcat wrote:

  Hello everyone. On November 3rd I applied and was approved for a Merrick Double Your Line Card. I was shocked to find out that it has already been reported to TransUnion and Experian- I don't even have the card yet!


@shalimarcat 

 

If you were to pull your three credit reports from annualcreditreport.com do you see the actual account listed?  I am guessing that since the original post was back in November (so, two full months ago at the time of my post) that you would see the Merrick revolver listed now.  As you have had at least one "Statement Cycle" (if not two).

 

I know that you get an alert from the different Credit Reporting Agencies upon a new Hard Pull and upon a new "credit account" being issued (assuming, of course, that you have an account with the appropriate parties - myfico.com or credit.com or the three CRA's, if not numerous others), but you typically do not see said account on the actual credit reports until there has been at least one statement generated by said creditor.


Not necessarily. My recently acquired Penfed PCR already reported to my credit even though the first statement hasn't even been generated. 


Last App: 12/27/2021
Penfed Power Cash Rewards Visa Signature

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 7 of 8
Rayw23
Valued Member

Re: Merrick Already on Credit Reports!


@shalimarcat wrote:

  Hello everyone. On November 3rd I applied and was approved for a Merrick Double Your Line Card. I was shocked to find out that it has already been reported to TransUnion and Experian- I don't even have the card yet!


How long did it take to get the card? Mine came almost emediately but my wife's on report but still hasn't received yet


@shalimarcat wrote:

  Hello everyone. On November 3rd I applied and was approved for a Merrick Double Your Line Card. I was shocked to find out that it has already been reported to TransUnion and Experian- I don't even have the card yet!


how long did it take to arrive? Mine was quick but my wife's seems to be taking forever. But it too is on report already

 

Message 8 of 8
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