Walmart Store Card Application Status: What to Expect and How to Check

If you've recently applied for a Walmart store card, you may be wondering what's happening with your application. In this article, we'll walk you through the process of checking the status of your application and what to expect.

Understanding Credit Scores

Before we dive into the nitty-gritty of checking your application status, it's essential to understand how credit scores work. When you apply for a credit card, lenders use a specific credit score to determine whether to approve your application. The FICO Score 8 is one of the many types of credit scores used by lenders.

Checking Your Application Status

If your Walmart store card application isn't instantly approved, don't worry – it's not uncommon for applications to take some time to process. You can check the status of your application over the phone or through online banking. Here's how:

* Phone: Simply call the customer service number provided on your application and speak with a representative who will be able to assist you with checking your application status.

* Online Banking: Log in to your online banking account and look for the 'Application Status' section, where you can track your application's progress.

What to Expect During the Application Process

The application process typically involves several stages, including:

1. Initial Review: Your application will be reviewed by a credit analyst who will assess your creditworthiness based on your credit score, income, and other factors.

2. Verification: If your initial review is successful, your application will be sent to a verification team that will verify the information you provided in your application.

3. Final Approval: Once your application has been verified, it will be reviewed by a final approval team who will make a decision on whether to approve your application.

Tips for Improving Your Credit Score

While waiting for your application status to be updated, there are several things you can do to improve your credit score:

1. Pay your bills on time: Payment history accounts for 35% of your credit score, so making timely payments is crucial.

2. Keep your credit utilization ratio low: Aim to keep your credit utilization ratio below 30% to avoid negatively impacting your credit score.

3. Monitor your credit report: Check your credit report regularly to ensure it's accurate and up-to-date.

Checking the status of your Walmart store card application can be a nerve-wracking experience, but with this guide, you'll know what to expect and how to check your application status. Remember to stay patient, monitor your credit score, and make timely payments to improve your chances of getting approved for your desired credit limit.

Walmart store card application status