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Here's a wild story.

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posted on May, 9 2009 @ 11:47 PM
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globaleconomicanalysis.blogspot.com...

Vanishing credit lines.

"Hey Mike,

I attempted to sign up for a new rewards style card from Capitol One. A few days prior I got my FICO score which is 800, with no balances. Capitol One denied me online, and said they'd send a mail as to why.

A few days back I got their response:

"Based on the application information for Scott E*******, there are worsening economic conditions in your area."

They also state that, "We did not request a copy of your credit file and therefore no inquiry will be placed on your credit report."

There you have it, a credit worthy borrower denied credit just because I live in Tampa.

Scott"




posted on May, 10 2009 @ 12:04 AM
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Its just awful isn't it. But hey, he won't be living in debt anymore.

Good thing they didn't inquire his credit rating then turn him down, this would of brought his credit rating down I believe.

Fun times, fun times.



posted on May, 10 2009 @ 01:02 AM
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Originally posted by Republican08


Its just awful isn't it. But hey, he won't be living in debt anymore.

Good thing they didn't inquire his credit rating then turn him down, this would of brought his credit rating down I believe.

Fun times, fun times.


True - but WTF - Man o' Man.

J



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