kdm31091 wrote:CarefulBuilder14 wrote:4ktvs wrote:It seems like Discover wants more sub prime customers by allowing people to app online for there secured product with out hoping for a counter offer after trying to get a unsecured product.
Maybe with interest rates on the rise banks now are more interested in gaining sub prime customers who are more likely to pay interest on there cards.
It's not purely for subprime customers. Discover was previously very uneasy with thin-file applicants.
Discover is definitely conservative. There are people on MF who have many cards and can't get Discover to save their lives, or they got a Discover with a tiny limit so they bash Discover whenever they get a chance.
Creditaddict who has applied 8 times.