November 21, 2011 at 10:09 pm #1943
Today i got an invitation letter to apply for the Discover Open Road card for students. I have an invitation number that I am suppose to enter before applying. I am not sure if this is the same as a pre-approval? Also I don’t know if i should risk applying or not. What do you guys think?November 22, 2011 at 3:38 am #2684
I really hope to get a Discover card too, maybe next year for me. Are you a college student? Their student credit cards may require verification for enrollment in a 4-year college. Also, I heard that Discover cards are hard to get, and generally require credit scores near 700s and up.November 22, 2011 at 2:10 pm #2685
hi christie and amy,
christie, does your letter to apply have this language below. If so that means they have looked at your credit already and it’s a prepproval. Discover has a preapproval link somewhere on their website. I would go through that if I were you and see if you were preapproved that way. Although you may qualify, but there’s a difference between them just sending you invitations to apply (may not qualify) and preapprovals (qualify).
YOU CAN CHOOSE NOT TO RECEIVE “PRE-SCREENED” OFFERS OF CREDIT BY CALLING TOLL-FREE (888) 567-8688.
SEE PRE-SCREEN & OPT-OUT NOTICE FOR MORE INFORMATION.
*This is my take on it for what it’s worth*November 22, 2011 at 3:03 pm #2686
I am a college student. It think it just says you are invited to apply. Anyways I asked my mother in law what she thought and she told me to go ahead and apply. I did, but was denied. I really think that I will not apply for anything else for a long while. I get invitations to apply for the Orchard Bank secured card. I think I will save up a decent deposit amount and apply for that one because I hear it is just a soft inquiry. After I get the Orchard Bank card I will just use it long enough for some of these inquiries to fall off before I apply for anything else.December 2, 2011 at 9:39 pm #2687
I recently had an unexpected experience with Discover. I had no credit history a few months ago, and Discover was one of the first cards I applied to. I was instantly denied, and my denial letter came back with a credit score of 70 (they did not give me a FICO score though, because they used a different company for my score). That was about 4 months ago. Now on my credit report, I have 2 months of credit history because of the Capital One secured card.
Suddenly, a few days ago, Discover sent me a letter regarding that application from 4 months ago, saying that the company who provided my credit score has updated my score to 660 now and that the denial letter was sent in error. Discover told me to call them and verify information to process the application. I did, and I got approved today.
Even though you were denied, they will monitor your credit score, and if it improves significantly, they will contact you I think. I don’t know how long they monitor the scores for. I do not know if they do that to every denied application, but there’s some hope for those who were denied.December 2, 2011 at 11:20 pm #2688
Thank you so much Amy. I’m crossing my fingers on this one. Hoping it will happen for me too.December 14, 2011 at 8:57 pm #2689
Today I got a letter from Discover. It was in a solid white envelope, instead of the usual one they send. I was hoping it would be a letter similar to yours, but it was not. It is just an invitation to apply. I do not understand. I just applied a month ago and was denied. If they know this why would the be sending me another invitation to apply. Should i just toss this letter?December 15, 2011 at 1:04 am #2690
I think you should toss the letter. They always send me those mass-mailed invitations as well. Keep your eye on the prize (good/better credit) and don’t let any invitations tempt you to apply while you’re working on rebuilding credit.December 15, 2011 at 3:50 am #2691
Alright. Thanks.January 5, 2012 at 11:01 pm #2692
Hey Christie, have you received any more letters? I have to say I haven’t received pre-approval or invitation letters in quite a while. I used to get annoyed by all this junk in the past, but at least it spoke better about my credit.January 7, 2012 at 3:16 pm #2693
I only got the second letter from Discover after they had denied me. They are the only company I think that has ever sent me letters.
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