Jump to content

Not sure if I should recon Barclay- Here is what they sent


The last post in this topic was posted 2412 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Recommended Posts

I got my denial letters in the mail today, had applied for Barclay Rewards card and US AIr (didn't have any belief my scores supported this, but they have been pushing it, so I figured why not)

 

First off, I thought these were going to pull TU, but they pulled Experian. I should have had Experian frozen, but a few months ago when I went to freeze it, it wouldnt let me online, said I had to mail it in. Never got around to it. My fault on that.

 

EX score from the denial letter- 640

 

Their denial reasons for US Air:

High number of recent credit inquiries

Insufficient number of accounts

High number of credit cards recently opened

 

Their denial reasons for Rewards:

Sufficient open lines of credit

 

On the back they also listed the key factors that affected my credit score which is the usual time since delinquency too short, collection on file, etc

 

Are the denial reasons they listed recon worthy? Have not done a recon yet, and while not scared to pick up the phone, a little apprehensive about how the call might go.

 

Any insight for my first time?

 

 

Link to post
Share on other sites

They are closed for the day apparently. I will have to call tomorrow. I'm in sales, so I definitely have thick skin and no fear of picking up the phone, but with this, there is definitely an underlying uneasiness. I know, whats the worst that can happen- but I think in my head I am envisioning getting quizzed a la lie detector style about all my past credit indiscretions.

Link to post
Share on other sites

Good luck and I hope you get the card!

 

I'm wondering myself how often Barclays pulls EX. Does that just depend on whether one might be borderline for one of their cards or not or does it depend on whether the card is cobranded or not?

Edited by popamode72
Link to post
Share on other sites

I don't know the answer to the question on how often they pull EX, hopefully someone more knowledgeable can answer that, I do know that you should have it frozen. You can undo the damage of inquiries with EQ and TU with B*, not such thing with EX. Or at least plan your EX apps appropriately. Based on my research on the creditpulls database, I thought for sure this was going to be a TU pull. I screwed up by not freezing EX beforehand like I meant to.

Link to post
Share on other sites

Definitely recon, my denials said the exact same thing....I finally bite the bullet called up on Monday and basically they made me explain why I have so much new credit why I have (3) inquiries on my TU...yada yada and I told them I am rebuilding I have a few other cards but I like your company your customer service is fantastic blah blah blah and they did it....that was two months ago for the Barclay Rewards, then this week i called up and asked for my CLI on my Apple same scenario....worked both times.

 

Just be honest and explain whatever it is they are questioning. Oh and if it helps I was scared of calling for fear of that big fat "NO" but it won't always be that way!

Link to post
Share on other sites

United, welcome to the forum. The main advice we give newbies is to go to the newbie forum and read, read, read. Theres hours worth of reading ahead of you before you can truly attack your credit.

 

Your first step is to get your actual credit reports, then read on how to understand them and the dispute process.

 

It doesn't matter how bad it is, you can always make it better!

 

Again, welcome.

Edited by Mustard on Fries
Link to post
Share on other sites

United, welcome to the forum. The main advice we give newbies is to go to the newbie forum and read, read, read. Theres hours worth of reading ahead of you before you can truly attack your credit.

 

Your first step is to get your actual credit reports, then read on how to understand them and the dispute process.

 

It doesn't matter how bad it is, you can always make it better!

 

Again, welcome.

 

+1

Link to post
Share on other sites

Popped my recon cherry today :yahoo:

 

For anyone current or future that is debating recon, just do it. Especially with Barclay. She was sooooo nice and super friendly. 5 minutes.

 

She asked:

Income

About my $11k in CC balances- explained to her that $10k of that is a card I'm an AU on. My fiances card, we just used it for paying off our wedding venue, and we didn't get payment in before it reported. And the other $1k is the balance on my Jared card for the engagement ring. No interest for 12 months, so I wasn't pressing to get that paid off, though I have paid down in nice size chunks

 

That was it. 4 minutes of conversation, 3 minutes on hold.

 

She came back on the line, said she approved me for the US Air card at $5k (my personal highest so far) but couldn't approve me for the Rewards card. She was very helpful- she told me use the US Air card, they want to see usage and history on it, then to call back in 6-12 months and they would see about getting a CLI on the US Air, and approval on the Rewards.

 

I thought the US Air card had more difficult requirements, but I guess not. Either way, I'm not complaining. I'm in and she clued me on the steps to grow with them. Very happy camper right now. :yahoo:

 

This is the best validation of all my hard work in cleanup so far. I feel amazing. I'm not toy anymore, I'm on prime training wheels. As always, super huge thank you to this board.

Link to post
Share on other sites

Popped my recon cherry today :yahoo:

 

For anyone current or future that is debating recon, just do it. Especially with Barclay. She was sooooo nice and super friendly. 5 minutes.

 

She asked:

Income

About my $11k in CC balances- explained to her that $10k of that is a card I'm an AU on. My fiances card, we just used it for paying off our wedding venue, and we didn't get payment in before it reported. And the other $1k is the balance on my Jared card for the engagement ring. No interest for 12 months, so I wasn't pressing to get that paid off, though I have paid down in nice size chunks

 

That was it. 4 minutes of conversation, 3 minutes on hold.

 

She came back on the line, said she approved me for the US Air card at $5k (my personal highest so far) but couldn't approve me for the Rewards card. She was very helpful- she told me use the US Air card, they want to see usage and history on it, then to call back in 6-12 months and they would see about getting a CLI on the US Air, and approval on the Rewards.

 

I thought the US Air card had more difficult requirements, but I guess not. Either way, I'm not complaining. I'm in and she clued me on the steps to grow with them. Very happy camper right now. :yahoo:

 

This is the best validation of all my hard work in cleanup so far. I feel amazing. I'm not toy anymore, I'm on prime training wheels. As always, super huge thank you to this board.

 

Congrats....told ya.....they are very very nice....I'm so happy for and ooh congrats on the wedding too!!

Link to post
Share on other sites

They were very nice with me. I got an approval, first unsecured card in 6 years, for $5K. She told me, wait until you get your email so that way what you have is in stone and they can't reverse it. So I waited a day.

 

Said I wanted Barclays because I go to England and it is chip and pin there and so is their card. That DBF's father had a stroke and we will be traveling more often over there and wanted to put air flights and spending on it to keep good records and that with airflight we would use too much per trip. that my other cards were $10K and up (secured btw) but I like barclays reward program.

 

Also brought up my mortgage issue, said why aren't you asking. told her about Countrywide and multiple sales of my mortgage and loss of deed and original note ... told her money is in escrow to pay off and that gave me an opportunity to bring up what is in bank.

 

BAM... doubled the line and I think that I could have asked for $15K. She really liked that I brought up the elephant in the living room. they are EXTREMELY nice.


could some one tell me exact diff between sallie mae barclays and arrival plus?

 

don't have student loans.

Link to post
Share on other sites

They were very nice with me. I got an approval, first unsecured card in 6 years, for $5K. She told me, wait until you get your email so that way what you have is in stone and they can't reverse it. So I waited a day.

 

 

Congrats! But waited a day for what? To request the CLI after initial approval?

Edited by WambleAgley
Link to post
Share on other sites

I just went for the Sallie Mae card now that I've bumped off most of my inquiries (I think Transunion Plus started acting up funny today and saying that I needed to call them to have the counter reset, so I just decided to stop there, besides, I can live with 2 inquiries anyway on my TU report, one from last month and the other in June of this year) and my application status is actually pending. I remember trying Barclays before and my application then was denied on the spot immediately after making the application. Is that a good sign or at least is that normal for Barclays on weekends? Also froze my EX and EQ reports first so they wouldn't pull a fast one there.

Edited by popamode72
Link to post
Share on other sites

The last post in this topic was posted 2412 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Similar Content

    • By belairpatrol
      It looks like the Barclays 50,000 mile promo is coming to an end, so I bit the bullet. I am running 60% credit card usage and my TU Fico score is 650. Was willing tp give up one of my 2 other Barclay cards going backdoor BUT I hit the ONline app and 30 seconds later got $3000. I now have 3 Barclay Cards 21 months out of BK. Thank You Credit Board
    • By MJPEREZ77
      Hi CBers,
       
      I have a question for you. DW app'd for the SYNC Home Design CC w/ EX frozen, after numerous calls to finally get to the correct UW department, and getting the right UW, we had them pull TU and she was approved (and on the 2nd call got a CLI, gotta luv SYNC!!! ). So we wanted to each get the Barclay's US Airways CC, she app'd and was Declined. NOW NORMALLY, I'd have her recon. BUT, as she has many new accts in the last 90 days, I am weary of having her call and have an UW look at her file as I have read that Barclay's is very new acct "sensitive". I remember a comment left for me once by someone on here, something about a farm animal getting slaughtered, lol. So I am thinking of letting this one go as to not bring any unwanted attention to her that might result in AA or a CLD. Am I thinking logically? Thanks again for your input!
       
      Have a great rest of your week!!!
    • By david_weaver
      Scores all right around 700.
       
      Would like to add some cards to continue lowering utilization and to provide a cushion as I will be keeping two homes the next 6 months so utilization will rise.
       
      First question would be Amex. Requested a CLI two weeks ago after being assured they would use a fresh pull (I had paid down nearly $15K in balances in October, including nearly paying off my Amex). Denial letter had a pull from early October and reason was overall utilization and Amex balance, both of which were wildly different by the time of CLI request. I know there is a time-wait if you GET a CLI, but can I ask again now that the pull would show the new picture, or still must wait?
       
      Second, I would like to add with Amex, even though as I have expressed in other posts, I hate them right now. I was thinking EveryDay, and then maybe piggyback a PIF?
       
      Third, I would like to add another Barclay. As my new home will have US Air (for as long as they exist), I was thinking the Barclay US Air. I considered Arrival World but seems like not a lot of approvals at 700 or below.
       
      Fourth, I like the approvals and limits I see with Venture on here, especially if I can freeze EX and do a TU/EQ pull instead of a triple.
       
      Any recommendations or warnings?
    • By lethargic
      Just called the Chase recon line regarding my Sapphire Preferred application.
       
      Called up and spoke to a really nice gentleman for about 15 minutes. I had a security freeze on Experian and I gave him the pin to lift that.
       
      He asked me a few questions about my BK in 2010. He asked about my mortgage and income. Then put me on hold for about five minutes and came back saying that he had to send it up the ladder for further review because of the BK. He said in 7-10 business days I would either get my card in the mail or an explanation for the decline.
       
      I asked him what his thoughts were and he said he was satisfied and he had been doing it for a long time and he had was good at reading credit... but yet it was forwarded for further review.
       
      Anybody get this message before? I really need to stop applying for cards!
    • By MJPEREZ77
      Hi, wondering if anyone has a Current B of A Recon phone #. I have tried the ones here and have had NO LUCK! DW just got denied for a Better Balance Rewards Card after a $9k CLI on Plat Plus. Hoping to take advantage of the this, since it was a Pre Qual Offer.
       
      Thanks



  • Member Statistics

    • Total Members
      180,789
    • Most Online
      2,046

    Newest Member
    Edearing5
    Joined
×
×
  • Create New...

Important Information

Guidelines