Re:Credit Karma fined $3M by FTC for misleading consumers wi...
by NavinF on Monday September 05, 2022 @04:09AM
(#32721721)
> You seem hostile
Not my intention. IMO my tone matches your first post re “The entire system is broken”.
> It's my actual physical address in the US.
Ah I wish you mentioned that. In that case I’m not sure why you’d be rejected by every bank. My understanding is that if you don’t get auto-approved based on your credit history the bank has to use its own homegrown risk assessment which is a lot more conservative. Maybe the internal tool instantly rejected the application because your IP address didn’t match your address? Try calling and asking them (not the front line CSR, but a credit analyst that can override the software):
Not my intention. IMO my tone matches your first post re “The entire system is broken”.
> It's my actual physical address in the US.
Ah I wish you mentioned that. In that case I’m not sure why you’d be rejected by every bank. My understanding is that if you don’t get auto-approved based on your credit history the bank has to use its own homegrown risk assessment which is a lot more conservative. Maybe the internal tool instantly rejected the application because your IP address didn’t match your address? Try calling and asking them (not the front line CSR, but a credit analyst that can override the software):
https://www.doctorofcredit.com/credit-cards/credit-card-reco...
https://ficoforums.myfico.com/t5/Credit-Card-Applications/Ba...