+ Reply to Thread
Results 1 to 4 of 4
  1. #1
    uzid_427 is offline Junior Member
    Join Date
    Sep 2009
    Posts
    2

    Unauthorized credit card applications.

    My bank, whose name I choose not release just yet, submitted a credit card application without my consent or approval. The card was denied by the bank, my FICO was not quite strong enough. After being declined, the application was AUTOMATICLY resubmitted by my bank to an 'affiliated' bank with slightly lower standards who approved me for $500, but immediately applied the annual fee of $60 bucks (ridiculous). This all happened over a month ago and I received no paperwork, card or anything. Fortunately, I check my credit report regularly or I would have never known I had this card. It took me just over an hour to clear all this up Now, I have the all the information down to branch location and I have the individuals name who submitted the application. However, this is where it gets a little sticky. Employees at this bank are being terminated left and right for not selling enough credit cards. I know this to be a fact from several friends I have within this bank - no, it was not one of them, but I am loosely acquainted with the individual as this is my home branch. So the person who put in the application is just trying to save her job. In no way do I justify her actions, especially since I lost a credit line I wanted as a result of this and the FICO points I lost as I have worked so damn hard and am closing in on that 700 mark, but I understand. So where to from here? That would be the question. In no way do I want to attack this one individual directly and honestly the damages I have incurred in no way justify serious legal action. However, I am seriously pissed that this bank would 1. allow such applications to be submitted without any signatures our personal verification, and 2. even if I had applied for their card, who the hell are they to AUTOMATICALLY transfer my app app to some other lending agency with ridiculous rates and high annual fees and low limits? And yes it was the bank and not the individual who 'resubmitted' the app. So what action is there to take?
  2. #2
    uzid_427 is offline Junior Member
    Join Date
    Sep 2009
    Posts
    2
    Sorry, I'm in ohio
  3. #3
    davew128 is offline Senior Member
    Join Date
    Nov 2007
    Posts
    5,125
    Speak to a bank manager and request that they fix the problem starting with cancelling the new card and removing or recoding all credit inquiries from hard to soft. Do not relent.

    Bank employees can be incredibly stupid sometime. I once had a BOA employee enter my info for a FICO check after I naively gave him my license while simply inquiring about opening an account and discussing options that might work. I decided not to open an account there and was stunned to find I had a credit check done on me without ever signing or authorizing anything.
  4. #4
    Antigone* is offline Senior Member
    Join Date
    Dec 2007
    Location
    In honor of JetX ~ Somnambulist University
    Posts
    21,220
    Quote Originally Posted by uzid_427 View Post
    My bank, whose name I choose not release just yet, submitted a credit card application without my consent or approval. The card was denied by the bank, my FICO was not quite strong enough. After being declined, the application was AUTOMATICLY resubmitted by my bank to an 'affiliated' bank with slightly lower standards who approved me for $500, but immediately applied the annual fee of $60 bucks (ridiculous). This all happened over a month ago and I received no paperwork, card or anything. Fortunately, I check my credit report regularly or I would have never known I had this card. It took me just over an hour to clear all this up Now, I have the all the information down to branch location and I have the individuals name who submitted the application. However, this is where it gets a little sticky. Employees at this bank are being terminated left and right for not selling enough credit cards. I know this to be a fact from several friends I have within this bank - no, it was not one of them, but I am loosely acquainted with the individual as this is my home branch. So the person who put in the application is just trying to save her job. In no way do I justify her actions, especially since I lost a credit line I wanted as a result of this and the FICO points I lost as I have worked so damn hard and am closing in on that 700 mark, but I understand. So where to from here? That would be the question. In no way do I want to attack this one individual directly and honestly the damages I have incurred in no way justify serious legal action. However, I am seriously pissed that this bank would 1. allow such applications to be submitted without any signatures our personal verification, and 2. even if I had applied for their card, who the hell are they to AUTOMATICALLY transfer my app app to some other lending agency with ridiculous rates and high annual fees and low limits? And yes it was the bank and not the individual who 'resubmitted' the app. So what action is there to take?
    If you want this fixed you are going to have to file a complaint with the bank. The person who initiated the fraudulent credit card application should be fired. One of the disclosures that she probably should have read to you was that if you were declined, then an affiliate bank would then take the opporutnity to look at the application. So if you want the bank to assume responsiblity and fix the damage they did to your credit report you are going to have to be angry enough to file the complaint.

    Otherwise stew in silence.

Similar Threads

  1. Bank of America Unauthorized credit check and Credit card issue.
    By Mr.Stks in forum Banking & Credit Cards
    Replies: 5
    Last Post: 12-08-2006, 05:50 PM
  2. Credit Card Payment Applications
    By jmca in forum Banking & Credit Cards
    Replies: 1
    Last Post: 10-17-2006, 08:01 PM
  3. credit card applications and chapter 7
    By rmhxx in forum Consumer Bankruptcy
    Replies: 1
    Last Post: 02-21-2003, 08:00 AM
  4. unauthorized credit card use
    By clodale in forum Computers / Software & Internet Law
    Replies: 3
    Last Post: 10-04-2002, 08:01 PM
  5. unauthorized use of credit card
    By DancingDeb in forum Consumer Bankruptcy
    Replies: 2
    Last Post: 03-29-2000, 11:34 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

© 1995-2012 Advice Company, All Rights Reserved

FreeAdvice® has been providing millions of consumers with outstanding advice, free, since 1995. While not a substitute for personal advice from a licensed professional, it is available AS IS, subject to our Disclaimer and Terms & Conditions Of Use.