tushlawal asked:
i applied for a credit card 5 days ago, my credit alert shows that a credit report was pulled so i called the credit card company to check on the status of the application…the rep told me it shows that it is still in process and if it was declined he would know but to call back in the next 3 days and they would have more information on the status …MY QUESTION IS THIS
1-DOES THIS MEANS I WAS NOT APPROVED
2-My score is 636 and i have 1 derogatory item on my report that i am disputing and 2 deliquent items that has been paid for
3 WHAT CHANCE DO I HAVE BASED ON THIS ….cos it seems they are stll trying to decide whether to offer me credit or not
i applied for a credit card 5 days ago, my credit alert shows that a credit report was pulled so i called the credit card company to check on the status of the application…the rep told me it shows that it is still in process and if it was declined he would know but to call back in the next 3 days and they would have more information on the status …MY QUESTION IS THIS
1-DOES THIS MEANS I WAS NOT APPROVED
2-My score is 636 and i have 1 derogatory item on my report that i am disputing and 2 deliquent items that has been paid for
3 WHAT CHANCE DO I HAVE BASED ON THIS ….cos it seems they are stll trying to decide whether to offer me credit or not
PLEASE HELP
please help as i feel i need to wait longer in order to be able to qualify ..forgot to mention i have a secured card with 300 limit for the past 5 months
i am actually applying for a chase bank credit card
http://1mortgagecalculator.info
636 credit score is not great but its not horrible either. it depends on what credit card youre trying to get because some are really strick on credit history..and it depends on the amount and the interest rate of the card..
Credit score is only one factor. Banks usually will not tell you if you were turned down over the phone. It starts a long discussion with no pay off for the bank. They still have to advise you in writing, by law. Trust me, they are siitng behind a closed door in a committee trying to decide if they want you as a credit customer. They have decided and it is probably 50/50 at this time. So by the time this post expires, you’ll have your answer.
There are lots of queries on credit cards and people asking it now and then. Credit Cards are often used both online and offline. You need to choose the better credit card for you.
You must know all about credit cards and how to use credit cards offline/online and how to get the best credit cards in the blogspot down here. There areknow about credit cards. Hope this helps. Thanks.