Quote:
Originally Posted by zx10guy
If you filled out a credit app but didn't draw on it, it's standard. I got the same letter twice recently. First was for a house refi. I decided to go with another mortgage broker. I had already filled out a credit app for the other broker and obviously didn't close on the loan with them. I got said letter in the mail a couple of weeks later stating my credit app was denied.
Same thing happened with my credit union. Got pre-approved for a bike loan through them to buy my new S1000RR. Dealership got BMW Financial to match the credit union's interest rate. I got the dealer to throw in an accessory if I went with BMW Financial. They did. So I didn't go with my credit union. Same thing. A few weeks later, I get a letter stating my credit app with my credit union was denied.
Neither notices affected my credit score.
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Good to know, that was my best guess but glad you clarified