instant credit approval

Discussion in 'Credit Talk' started by MattZ, Jul 7, 2000.

  1. MattZ

    MattZ Guest

    I have seen on various sites where instant credit decisions are available just by filling out the application. On some, though, it says that if you're a college student, you are ill-advised from applying using this method. Why is this? I understand these applications must use credit scores to make a decision, but what is the deal with college students?
  2. Michael

    Michael Guest

    Most places that offer credit to college students take into account that the applicant is a college student when scoring your app.

    The automated system doesn't seem to be able to do that, so a paper application is scored with a curve while a online one isn't.

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