The other day I applied for the Wells Fargo American Express. I thought it was strange when it stated my application was pending because any other time I'm approved right away. Well that is not the case this time. I called today to check the status and they told me my account had been disapproved because I've had too many inquiries over the last 24 months. I guess all of the credit card rewards are starting to take its toll. Oh well this just makes me get off my butt and close some of those accounts and stick with just one card. I guess I better start looking for snowflakes elsewhere
That's a First
May 9th, 2014 at 04:16 pm
May 9th, 2014 at 04:25 pm 1399649137
May 9th, 2014 at 04:45 pm 1399650329
Last year, my application for the Swagbucks Visa was declined, even though my FICO is right around 800. So, it happens. I have since been approved for several other rewards cards.
However, I will keep playing the rewards sign-up bonus game.
May 9th, 2014 at 04:49 pm 1399650588
May 9th, 2014 at 06:00 pm 1399654831
It is taking a long time to process because they have received thousands of applications and have limited staff who can approve the process (the underwriters or something?). It also is taking extra for those who were affected by the Target thing apparently. Or so the underwriter I spoke with said. She also said in a normal application process over the phone people can be approved immediately or within 2 or so hours but with the amount they have received it has not been possible to do them that quickly.
May 9th, 2014 at 07:36 pm 1399660606
May 10th, 2014 at 01:29 am 1399681792