Wells Fargo approved me for my first card!

**Meya** · February 13th, 2010, 07:40 PM

Originally Posted by Wanderer

meya - that's the problem with your geographic area... you have always been ahead of the rest of the US.

Well in my demographic or segmented area, Bofa treat us like dogs. If you wanted to apply for a personal loan, the min income requirement is $100k. I don't care if you wanted to only borrow $1k, they will tell you that the min is $10k.

I went to US Bank and the branch manager told me that if usually if someone does qualify for a personal loan, they tell them to have collateral such as a car title or something in that nature. I applied for one years ago, but could not because I still had plenty of baddies on my report. Now that I don't have any more baddies left, don't think I am not going to apply for one. I am going to start small, put it into my checking and pay them back with it. I love US Bank, they are just slower than a turtle holding up traffic!

**Wanderer** · February 14th, 2010, 04:24 AM

Colonative - Rocky Mountain Visa... suppose they went the way of Michigan National Bank or the First National Bank of Wilmington ... oh or the great Continental Illinois Bank & Trust ... may they all rest in peace...

**ColoNative** · February 14th, 2010, 11:32 AM

Originally Posted by Wanderer

Colonative - Rocky Mountain Visa... suppose they went the way of Michigan National Bank or the First National Bank of Wilmington ... oh or the great Continental Illinois Bank & Trust ... may they all rest in peace...

I think what was Rocky Mountain Bankcard System was somehow absorbed by US Bank...I think it might have always been part of one of US Bank's legacy banks. Firstbank System or something along those lines. Many years ago, 12 years now, when I worked at Mervyn's some people had a Rocky Mountain Gold card issued by US Bank (I think the BIN was 4719), I think people who had the RMBCS Visa's were just reissued the US Bank issued one. RMBCS was huge here back in the day. Similar to how there were still some people into the late '90s who had a Choice Visa issued by Citibank even though Citibank stopped issuing Choice cards in 1987. Citibank usually grandfathers their cards and as lng as it is kept active the cardholder is always reissued that card even if it is no longer available to the general public.

**ColoNative** · February 14th, 2010, 11:34 AM

Originally Posted by Meya

Well in my demographic or segmented area, Bofa treat us like dogs. If you wanted to apply for a personal loan, the min income requirement is $100k. I don't care if you wanted to only borrow $1k, they will tell you that the min is $10k.

I went to US Bank and the branch manager told me that if usually if someone does qualify for a personal loan, they tell them to have collateral such as a car title or something in that nature. I applied for one years ago, but could not because I still had plenty of baddies on my report. Now that I don't have any more baddies left, don't think I am not going to apply for one. I am going to start small, put it into my checking and pay them back with it. I love US Bank, they are just slower than a turtle holding up traffic!

Personal loans = credit unions. I wouldn't even waste the time with the big banks. BofA's idea of a loan would be a credit card or line of credit. My sister asked for a loan from US Bank and they offered her a credit card instead.

**Meya** · February 14th, 2010, 11:54 AM

Well at least they gave her something, Bofa will escort you out of their doors with security if you asked to borrow $5 till tomorrow.

**ColoNative** · February 14th, 2010, 12:08 PM

Originally Posted by Meya

Well at least they gave her something, Bofa will escort you out of their doors with security if you asked to borrow $5 till tomorrow.

LOL I don't doubt it.

**Symbios** · February 24th, 2010, 10:14 PM

So, Wells Fargo reported to the bureaus a few weeks ago. I decided to check my credit score using Quizzle.com (Experian) and was shocked to see it's at 693. Is it normal to start that high? I guess I expected it to slowly rise from rock bottom...

Ahh, my first credit score. Surprisingly exciting for a three digit number...