hdporter

You need to request a free credit report disclosure from the Experian so that you can investigate these questionable inquiries. https://www.experian.com/ncaconline/creditreport?type=declined

Yes! Someone to take my mind off the likely CFPB demise!!

Credit denial letters tend to be misleading: There is the section of the letter which concisely states the one or two factors that led the lender to reject the credit request. (THIS IS THE PART THAT MATTERS!) Then there's the supplemental part that references the score pulled and the credit factors that prevented the score from being higher. (THESE FACTORS EXPLAIN THE SCORE, BUT HAVE NO DIRECT BEARING ON THE CREDIT DENIAL.) --> Forgive the "shouting", but there's widespread confusion about these letters' content. So, about the credit scoring explanation section ... yeah, it tells you that your score would be higher if you had "0" inquiries rather than an "1". Period. The letter NEVER claims that inquery was a factor in the denial (unless also stated in the section providing the reason for denial). I trust this is helpful.

Having a mortgage doesn't make you a better risk. However, as a whole, present/past mortgage holders manage their credit better than those without a mortgage and you're no longer riding their coattails . Of course, your actual risk profile hasn't changed at all. Credit scoring, however, can only evaluate based on what's present in your report.

I more than "vaguely" recall this. I was prepared for him to tattoo this fact on his forehead .

My AI prediction for the coming year: A new AI program, "Tori" is introduced which excels in passing the Turing test: Users connected remotely failed abysmally in distinguishing whether they were chatting with a vapid bot or an AI posing as Tori.

Hence, my observation elsewhere, "You can lead a horse to water, but you can't make him drink ..." [You can force CFPB funding, but you can't make them spend it on consumer advocacy.]

It Thank you This afternoon brought yet a bit more frustration ... I had requested the call back for this am. We're headed today to Ft Lauderdale, where we embark on a great 10 day cruise tomorrow. Sure enough, the call comes through at 2p, when I'm rustling luggage into our airport Lyft. I ask for a callback in 15 min. 40 min later, in car, I'm notified that our connecting flight is delayed by 2 hr. I decide to place a quick call to our hotel to advise of our revised 2a arrival. Get a rep on the phone only for the AA callback to ring through. I'm tired and botch the call juggle; dropping both calls in the process ;( I soon find a vm advising me that, in being unable to reach me, they're letting the matter rest. They give me a number that I cam call to reinitiate things. I call that number (checking it very carefully) ... "Thank you for calling UPS Worldwide Services!) ------ Oh, mail arrived just before Lyft. Letter from Citi that they asked about yesterday, but refused to say what it stated. It informed me they couldn't reopen the Citi account in question due to high debt balances relative to income. Yeah we purchased a future retirement home with $1.1 k cash, and a $0.3k Heloc draw on our existing home. Drew another $0.4 on the Heloc for improvements. (We also have a $650k primary mortgage.) Due to sell primary in June and move. Net proceeds will cover $1.3 mtg + Heloc, with strong additional cash out. Because of this planned repayment I only fund the HELOC int each month, rolling the princ pmt portion back into the line. We're not mega wealthy, but we're extraordinarily comfortable, w/ $200k annual income in retirement, and will own a $1.7m home free and clear. Still, I expect I can talk myself blue in the face and Citi won't budge on a $5000 card reinstatement ;(

I I've been properly schooled!

I'm in my 3rd round, battling Citi over the recover of $850 cashback that was forfeited upon involuntary closure for inactivity (2 years). Now, if you want to lob any criticism, I'll take it squarely on the chin. Letting cb build for several years, and letting the card go dormant (despite having "last use" date noted in my spreadsheet) aren't exactly displaying my "A-game". Shortly before ending the 2nd call (with add'l review and a callback promised for this am), I explained to the acct spvr that while I and my wife were dealing with her near-fatal leukemia bout these last 2+ years, keeping my Citi account active kinda faded from my radar ... I report further as things develop .

Just a random thought: Can we start refering to Discover Card as "Cap Too"??

I won't argue your experience in this regard. But wife and I continue to enjoy a strong Chase CL's across our cards ($117k comb). Perhaps this is a factor for lower-to-mid tier credit scores, and not so much for the 750+ crowd. I'm amused by your juxtaposition w/ Cap One. On our case, C1 has been down right miserly on the CL front over the years (I'll acknowledge that Hege, among others, report higher C1 limits, though.)

The CFPB has been effectively mothballed. Efforts to defund it have been blocked by the courts, so it limps on under a Director who ensures that its former enforcement activities are at a standstill: https://advocacy.consumerreports.org/press_release/cfpb-on-life-support-one-year-after-it-was-targeted-for-shutdown/

I'm reading in bed and discovered we went to DST Sunday. Bev and I were clueless. We rely on our cells for the time; Alexa for an alarm. We didn't even realize we were shorted an hour's sleep ... weird!

Well ... so much for hoping that C1 would ditch the Discover Card network!