Besides the headache of calling in to get an application approved, it may also make it harder to get approved, under the prying eyes of a human. This won’t happen when your credit report is frozen. This point is very important since many of us apply for lots credit cards and our approval rate is partially based on the fact that there’s no human intervention the system sees our credit score and certain other info and auto-approves the application. The question is whether we can call up the card issuer and ask them to manually pull a different report and approve the application based on that. The application will automatically come up as ‘pending approval’ – since they weren’t able to access your credit report. Just to be clear, if there’s a freeze on your Experian credit report, for example, and you apply for a card from an issuer who pulls Experian, there definitely won’t be any instant approval. This – in turn – would improve your credit score and improve your chances of credit card approval.
UNLOCKING EXPERIAN CREDIT FREEZE FULL
If we could freeze one bureau and convince the card issuer to manually pull the report from a different bureau, we’d be able to stagger the pulls across the three different bureaus, so that any single report isn’t full of hard inquiries. When they ‘pull’ your credit report, it shows up as a ‘hard inquiry’ on your credit report and reduces your FICO score. Credit card issuers typically pull your credit report from one of three major credit bureaus: Experian, Equifax, or Transunion.
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