"Was the person who got you preapproved back in April with the same bank that turned you down? " - Yes. He submitted my paperwork to UW who denied me due to score being lower than 640. The CO account is for $1000, worst case scenario I would pay it off on bank's request (even though I know for a fact it is NOT my account), also the SOL on that account is wayy expired, it is scheduled to fall off my report Jan 2014. So, in a nutshell there is nothing I can do to get this loan?