Why Credit Karma Says Yes But Banks Say No

Have you ever been pre-qualified for a credit card or loan through Credit Karma, only to face denial upon application? This video addresses common misconceptions about Credit Karma and explains why these denials occur, providing essential credit education for understanding your credit score. We'll discuss how credit approval really works and offer insights to help you navigate loan approval processes more effectively. 

In this episode of the Respect My Blueprint Show, Wesley Paul breaks down why Credit Karma scores can be misleading, explaining the key differences between the VantageScore it uses and the FICO scores most lenders rely on, which often leads to unexpected credit denials. He stresses the importance of not depending solely on third-party credit apps and understanding what lenders actually see. Wesley also previews major upcoming changes, including the rollout of FICO 10T in 2026, which will analyze 24 months of trended credit behavior and could significantly impact approvals. The episode encourages listeners to stay educated, research before applying for credit, and tap into his community for ongoing financial guidance.