How do these work ? I know once you hit the submit button your credit is screened and a decision is made (approved or wait 7-10 days for the decision). Is there some cutoff score like 750 or more and you will be instantly approved for some cards ? I never get instant approvals, but I usually get cards I apply for after a week.
IT'S ALL SMOKE AND MIRRORS...I have come to the conclusion that some banks operate in a VERY NARROW RANGE OF SCORES...maybe 600-675...lower (NOT GOOD ENOUGH FOR THEM)...higher (TOO GOOD FOR THEM). MY NEW DENIAL REASON CODE---------->***PROFITABILITY DENIAL***
some banks have instant approval things they check online: exact match of address (good score of course) exact match of name reverse lookup of telephone # Things that red flag you: many inq's Many names or AKA's Address doesnt match perfectly as report pulled SSN Alerts Phone number is cellphone/business etc. etc.
