Credit Cards Center Credit cards from our partners
Reply
Established Contributor
Posts: 912
Registered: ‎06-14-2012
0

ADVICE ON FREEDOM

i want ya'lls advice on an issue with my new FREEDOM. on 6/6/12 my scores hit a new high with EQ 698 TU 700 and EX 712. so i wanted to apply for some prime cards after having a couple subprime cards for the last 3 years. on that date i applied for CHASE FREEDOM, BARCLAY REWARDS, and AMEX ZYNC. got instant approval on ZYNC NPSL. had to do a recon with BARCLAYS b/c i accidentally let a couple balances report and they didnt like it lol but they still approved me for $1000, also had to do a recon with CHASE b/c of how many INq"s i had on EQ.(thats the report they pulled). i did have alot due to shopping around for an auto loan but other than that my CR was clear of any derogs, lates.etc.. so when i called to do the recon with chase the analyst answered and told me that we would go over my app and CR and she would see if we could get me approved. so she put me on hold for a couple of minutes and came back and told me she was able to approve me for $600. i know its low but i was excited to get in and just said thank you and hung up. now im finding out that what she actually did while i was on hold was pull my EXPERIAN CR. she never told me this, i was just expecting to go over EQ CR  and answer why i had so many inq's and such. but we never did. i was looking at EX. CR yesterday and thats how i knew she pulled EX on RECON. im by no means complaining as im just happy they approved me but i am a lil disappionted with the CL. so this is where my Question comes in at. do you guys think i should CHASE EXEC. offices and tell them all this and that since my EX CR was much better than EQ i was wondering if they could get me a higher Cl. ive only had the card barely a month and  have already run well over 2k through it and have made several $500+ payments...   SO what you guys think??



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 Smiley Wink
Valued Member
Posts: 39
Registered: ‎06-27-2012
0

Re: ADVICE ON FREEDOM

You may want to request a CLI after you have the card for a couple months




Starting Score: 565
Current Score: 660
Goal Score: 780

Moderator Emeritus
Posts: 12,938
Registered: ‎12-30-2011
0

Re: ADVICE ON FREEDOM

Use the card and wait.  

 

Chase has a tendency to look at your current tradelines, and if they're all under 1K as are most rebuilder cards, they may stick you with a similar limit to what you got.  Ain't no big thing as you've already found out, other than the irritation of having to make multiple payments.  

 

 

Starting Score: EQ 04 561, TU 98 567, EX 98 599 (12/30/11)
Current Score: EQ 04 700, TU 04 731, EX 98 725 (05/24/15)
Goal Score: 700 on EQ 04 (01/01/16)


Take the myFICO Fitness Challenge
Established Contributor
Posts: 1,040
Registered: ‎02-27-2012
0

Re: ADVICE ON FREEDOM

My advice is to just leave it be.

 

She basically got you approved based on you EX report. If you call you might receive AA. Would you rather have them remove your inq on your EX and have them close your accout or live with what you have now.

 

Lenders have the right to pull any or all reports when you apply for credit. They didn't do anything wrong BUT it would have been nice that she told you up front.

AMEX: $0/$25,000, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$6000, Barclays NFL: $0/$7000 Discover: $0/$14,000, Citi Dividend: $0/$3500

EQ FICO - 728
TU FICO - 743
EX FICO(AMEX) - 712
Established Contributor
Posts: 912
Registered: ‎06-14-2012
0

Re: ADVICE ON FREEDOM


SwiftTone wrote:

My advice is to just leave it be.

 

She basically got you approved based on you EX report. If you call you might receive AA. Would you rather have them remove your inq on your EX and have them close your accout or live with what you have now.

 

Lenders have the right to pull any or all reports when you apply for credit. They didn't do anything wrong BUT it would have been nice that she told you up front.


i agree with you, they def have the right to pull whatever they want. im not upset that they pulled EX as you are most likely right in saying thats how she got me approved. i didnt want to ask them to remove the inq on EX. i was just wondering if yall think it would be worth a shot to call up the EXEC officice and have them take a second look at the EX report they pulled to see if that maye Qualified me for a higher limit.



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 Smiley Wink
Valued Contributor
Posts: 1,367
Registered: ‎04-20-2012
0

Re: ADVICE ON FREEDOM

If you have an existing credit limit higher than $600, your best course of action would be to call the executive line (a few days after paying your CC bill off in full) and explain that you would like to use the Freedom card as your primary credit card, but it's cumbersome to use because the credit limit is so low. "As you can probably see on your system, I have to pay the bill down in full multiple times in a billing cycle just to keep using it. Is there any chance you can match X credit limit? I'd much rather use you guys for everything because of the great rewards program and customer service, blah blah blah."

TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Established Contributor
Posts: 665
Registered: ‎08-02-2011
0

Re: ADVICE ON FREEDOM


bribro wrote:

If you have an existing credit limit higher than $600, your best course of action would be to call the executive line (a few days after paying your CC bill off in full) and explain that you would like to use the Freedom card as your primary credit card, but it's cumbersome to use because the credit limit is so low. "As you can probably see on your system, I have to pay the bill down in full multiple times in a billing cycle just to keep using it. Is there any chance you can match X credit limit? I'd much rather use you guys for everything because of the great rewards program and customer service, blah blah blah."


+1
TU FICO: 772 (Discover) • Exp FICO: 772 (Citi)

Amex BCE $13K | Amex Costco TE $10.4K | Amex SPG $5K | Chase Freedom Visa Signature $15K | Chase Sapphire Preferred Visa Signature $15K | Chase Ink Plus World Elite MC $5K | Citi TY Preferred World MC $10.1K | Citi Forward $10K | Citi Diamond Pref $7.6K | Discover IT $9.9K | JP Morgan Chase Select Visa Signature $9.2K | NFCU CashRew Visa Sig $25K | NFCU LOC $15K | NFL Visa Signature (Saints) $8.1K | USAA Amex $11.3K | USAA World MC $11.5K
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: ADVICE ON FREEDOM

I would call them. I'd do it very soon if you are, hopefully it works out for you!



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
Posts: 2,179
Registered: ‎01-09-2012
0

Re: ADVICE ON FREEDOM

I got a $1k CLI after 3-4 months with freedom

In my wallet: AMEX Gold; Freedom $1.5k; CSP $5k; Chase United $5k; Discover $2k
Last HP: 4/30
Highlighted
Valued Contributor
Posts: 1,987
Registered: ‎06-25-2012
0

Re: ADVICE ON FREEDOM

i know how you feel about wanting a higher cli on the freedom...ive had mine for 3 weeks and ive maxed it out 3 times already(500cl)...at least i hope i get the $100 for spending more than 500.

Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.