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re: Rejected with a Credit Score of 840?

Posted on 8/4/18 at 10:29 am to
Posted by Vacherie Saint
Member since Aug 2015
39575 posts
Posted on 8/4/18 at 10:29 am to
How old are You?

Sounds like you have a limited credit history. You can have a high score, but if your lending history is relatively shallow, it can be tough to get approved. Also, stop applying for loans and credit cards all over town, or your score will dip in a hurry.
Posted by wildtigercat93
Member since Jul 2011
112370 posts
Posted on 8/4/18 at 12:34 pm to
quote:

Sounds like you have a limited credit history. You can have a high score, but if your lending history is relatively shallow, it can be tough to get approved.


This. They want a variety of credit lines and a great pay history with all of them

Buddy of mine thought he was doing great with a high credit score he had built up with a credit card he got in high school, goes to buy a house and they give him nowhere near what he expected and then his credit drops 100 points from the inquiries the home search put on his credit.
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