I applied for a Barclays credit card on Saturday and found out today after checking the status of my application online that I was denied. I know it was automatically generated, and it stated that it evaluated me based on numerical values based on repayment history of large numbers of customers. My FICO score is 613 as of 2/24, and probably went up because I paid down a credit card to zero balance. I have one paid collection, and a late payment from March 2009 (Jared account; account current and has a zero balance now). It also said "Insufficient credit history". I just sent a letter to them using Planetfeedback.com explaining in detail the potentially negative items listed on my credit report. It had the CEO’s name on the letter before I sent it, so I guess it going straight to him.  Should I send a letter to them via USPS to underwriting as well, or just wait on the response from PF? Does anyone have any other suggestions for another card that I can try that pulls TU? Thanks in advance for any and all advice!
Mar 082010
03-08-2010 12:00 PM