"Denied"
Valero Credit Card Review
Written by: jjpandaep on 2010-04-16
Overall Satisfaction
Customer Service
Rewards
Account Management
Delivery Time
jjpandaep's review: 
Exp=663, Eq=632, TU=602
Pulled from Equifax.
Applied online then called and denied, letter to follow.
No BK, No neg history in past 3 years, no late pays in past 3 years, 1 old collection from 5 years ago and no credit pulls from Equifax in past year!
Exp=663, Eq=632, TU=602Pulled from Equifax.
Applied online then called and denied, letter to follow.
No BK, No neg history in past 3 years, no late pays in past 3 years, 1 old collection from 5 years ago and no credit pulls from Equifax in past year!
3 Comments
Comment 1 by wanderer
Re: Denied 
on 2010-04-16
Now this beats me. The online says you need a FICO Score of 623 for a Valero Card. Basic credit background so what's the beef "Valero"?
on 2010-04-16 Now this beats me. The online says you need a FICO Score of 623 for a Valero Card. Basic credit background so what's the beef "Valero"?
Comment 2 by patrick12
Re: Denied on 2010-04-17
That is a very strange decision, I had a BK back in 2002, and one baddie on my Equifax report and I was approved for a $300.00 limit, With one inquiry, what does your utilization look like? And whats the average age of your trades? These things can be a HUGE factor when it comes to decisioning any application. Although I know most credit card issuers use their own scoring system from what data they use from your bureau, meaning that score that's generated off their system can be way different than what your true FICOs are from My Fico.
on 2010-04-17 That is a very strange decision, I had a BK back in 2002, and one baddie on my Equifax report and I was approved for a $300.00 limit, With one inquiry, what does your utilization look like? And whats the average age of your trades? These things can be a HUGE factor when it comes to decisioning any application. Although I know most credit card issuers use their own scoring system from what data they use from your bureau, meaning that score that's generated off their system can be way different than what your true FICOs are from My Fico.
Comment 3 by jjpandaep
Re: Denied on 2010-04-17
I have several store cards and carry zero balance, I pay off every month if I use them. I have a mortgage that stays current with no lates and one paid car loan that I got through Chase years ago with no lates and one being financed through my bank with no lates... Go figure.
on 2010-04-17 I have several store cards and carry zero balance, I pay off every month if I use them. I have a mortgage that stays current with no lates and one paid car loan that I got through Chase years ago with no lates and one being financed through my bank with no lates... Go figure.
Please login or register for free to view your stats, add reviews and card application results, or post comments.
Credit card reviews and comments are posted by user submission and do not warrant the opinions of Finance Globe.
Disclaimer: This content is not provided by DSRM National Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by DSRM National Bank. Review content is powered by Finance Globe.
Disclaimer: This content is not provided by DSRM National Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by DSRM National Bank. Review content is powered by Finance Globe.
