01-12-2009 03:24 PM
I apped for Chase Freedom card over the weekend, and I called today and found out I was denied. They pulled EQ which has 2 baddies showing, CA and repo. DOFD 2002. My score was 714 when they pulled.
Before I asked her to reconsider, she said "let me see what else you have on your report." She asked about my derogs, and my job. I explained that I am current on several TL today, with flawless history. She put me on hold for a few minutes and came back and told me "pending verification" she could give me $1400 CL (Chase Freedom) and I should get the card in 7-10 days. I wanted to ask for a bigger CL, but I thought, since the Recon was a sucess I should just leave it at that. She was very polite, friendly, and helpful. So far I have had good experiences with Chase CSR.
This would not be a post without a question or two.
What does she mean by "pending verification"? Over time, how is Chase with CLI's? and Since they pulled EQ for the initial, does that mean they will soft EQ for AR? My other reports are not as clean, and I have a freeze on TU.
01-12-2009 09:10 PM
01-13-2009 05:51 PM
Congrats! DH attempted to recon with a 725 and she shot him down so fast, it wasn't even funny. The 3 baddies he has left fall off in less than 5 months and they are paid. Geez! He scared to call back.
He pulled the trigger, he should call back. I was feeling pretty discouraged, I was denied for a BOA and Nordstroms back in August, no luck on a recon. So far I am 1 and 2 for recons. It is worth a shot though. I am just kind of scared that Merrick may shut me down when the Chase card starts reporting. I am wanting to close my credit one bank card and this one should be a good replacement.
Does anyone know how good Chase is with CLI? I dont want to push my luck up front but maybe in 6 months I can get an auto CLI?
01-13-2009 05:54 PM
Great! I was shot down twice today because of collections and high usage.*sniff* *sniff*
Pay your cards down and try back in 6 months. I dont understand how a higher util can always cause a denial, if you think about it, even though it looks risky, if you have a good established history, who cares? It's temporary anyways, I could max out some cards and pay them down in 3 months.Im sorry man, maybe try again. I was going to be persistant this time, I always give up too easily but I really want to get my foot in the door with some good cards/banks.
01-13-2009 06:08 PM
01-13-2009 08:13 PM
01-13-2009 09:13 PM - edited 01-13-2009 09:14 PM
i have a chase freedom, I applied and got a 2500 credit limit to start after 6 month of PIF, i asked for a CLI over the phone and stated that based on my payment history only a soft pull is necessary, and they granted me 6000k, its been about a year now. i am curious if i call for a CLI if it will be granted.
You can try again and if you have continued to exhibit outstanding payment history, you should get some type of increase but i will warn you, Chase has always done a hard inquiry. So i know you may have requested a soft pull the first time but if you check your report, you will see a hard inquiry on your report for your last increase. You will receive another hard inquiry for this increase request.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.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.
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.