willingtocope Posted April 24, 2007 Report Share Posted April 24, 2007 So, explain to me why Wells Fargo who has both my checking and savings accounts and know how much money is in each turns me down for a CC...But, HSBC (Orchard Bank), who carries my car loan, approves me...unsecured, no less.I'm sure the interest rates may be different, but I just don't understand. Link to comment Share on other sites More sharing options...
SecretAgentWoman Posted April 24, 2007 Report Share Posted April 24, 2007 Well, one would imagine the letter turning you down will give a clue...? Link to comment Share on other sites More sharing options...
direred Posted April 24, 2007 Report Share Posted April 24, 2007 Because WF is very, very conservative as a lender.Don't have any new cards for a year, THEN apply. Make sure there's no unpaid derogs, too. Link to comment Share on other sites More sharing options...
willingtocope Posted April 24, 2007 Author Report Share Posted April 24, 2007 Well, one would imagine the letter turning you down will give a clue...?Yeah, a BK 7...in 2004. Oh well...not a problem. I just wanted a card to us online so DW would stop using the debit card. Link to comment Share on other sites More sharing options...
newbie7069 Posted April 25, 2007 Report Share Posted April 25, 2007 Yeah, a BK 7...in 2004. Oh well...not a problem. I just wanted a card to us online so DW would stop using the debit card.That's what I use my stupid Orchard for. I figure if someone gets ahold of the number the CL is so damn small what damage could they really do Link to comment Share on other sites More sharing options...
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