Credit card question……..can you get denied after?

[brooklyn_boulevard]

Can you get denied after you receive a pre-selected offer for a credit card and apply for the offer?

 

[MR. SNIFLES]

Can you get denied after you receive a pre-selected offer for a credit card and apply for the offer?

YES.

 

[brooklyn_boulevard]

YES.

Damn. So you get an offer letter, get hit with a hard inquiry, then get denied?

 

[MoveForward]

Damn. So you get an offer letter, get hit with a hard inquiry, then get denied?

It happens, your score will only drop a few points though… It’s not a huge deal, it will only affect your score for a year and fall off after two.

 

[MR. SNIFLES]

Damn. So you get an offer letter, get hit with a hard inquiry, then get denied?

USUALLY HAPPENS WHEN YOU'RE ON THE BOTTOM END OF THE REQUIREMENTS AND YOUR SCORE DROPS FOR WHATEVER REASON.

YOU GOTTA BE AWARE OF YOUR SCORE FLUCTUATIONS.

 

[Geek Nasty]

“Preselected” means nothing. It’s just a legalese tease offer.

 

[brooklyn_boulevard]

“Preselected” means nothing. It’s just a legalese tease offer.