Dept store credit

Discussion in 'Credit Talk' started by bluestar, Apr 25, 2001.

  1. bluestar

    bluestar Guest

    When you apply for instant credit from a department store, why do they ask for a major credit card. I thought they made their descision solely on your score. Do they only check a major credit card as a credit reference?
  2. jshimmer

    jshimmer Well-Known Member

    It's an additional step used in the identification process.
  3. RichGuy

    RichGuy Guest

    Exactly. It's used not to qualify you, but to identify you. They pull a regular credit report to decide if you actually qualify for the card.

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