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Established Contributor
UpNComing
Posts: 684
Registered: ‎05-02-2008

Re: Chase Card Services (Argh)


TM82 wrote:
The expectation that credit line increases are soft pulls should not be the norm. You are seeking additional credit and should there fore expect a hard pull and if you get a soft be happy that it was just a soft. The simple fact that Amex only softs is an abnormality not the standard. Whether or not Chase pulls two reports or one is another argument. I've only experienced one on all my apps.

Your anger towards Chase in this instance is not really their fault, you requesting an increase basically gave them permission to pull your reports, even if they already did 2 days prior.

+1000000

CSP ($5k); Chase MileagePlus Explorer Visa Sig. ($6k); Chase Freedom Visa Sig. ($6k); BankAmericard Cash Rewards Visa Sig. ($5k); Amex PRG (NPSL); Amex BCE ($1k); Citi Thank You ($5.4k); Barclay Apple ($4.2k) CapOne Cash ($2.5k) CapOne Platinum ($2.5k) Wells Fargo Home Project Visa ($10.3k) Discover IT ($1.5k) WalMart ($3k); Lowes ($3k); Amazon ($5k); Kohls($1.5k)

Scores: Equ Fico 715 ~ Exp 724 ~ TU Fico 682
Super Contributor
enharu
Posts: 6,828
Registered: ‎02-27-2013

Re: Chase Card Services (Argh)

Basically what tm82, lexie and LS said....

Whenever you seek any kind of credit, expect an inquiry. It is not due to chase's fault that you racked up all those inquires. You basically racked them up yourself on your own free will.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Discover IT (15k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k).
Frequent Contributor
NewtoCredit80
Posts: 324
Registered: ‎04-12-2013

Re: Chase Card Services (Argh)

[ Edited ]

Well you have a very good limit with CSP and closing it while you are angry with lender is not doing yourself a favour.

Atleast use those HP's in your favor and use the card for sometime.

Close it when you those HP's are gone from your score and apply for a card with a different lender.

 

 



PNC Secured 2000 (Dec12), Chase Amazon 2000 (Apr13), CapOne Newcomer 2500 (May13), Citi dividend 3000 (May13), Discover IT 1000 (Jul13), Amex BCP 6000 (Jul13), Chase Southwest 10000 (Jul13), Chase Marriott 12000 (Oct 13), BofA Travel Rewards 5000 (Dec13)

- In garden till Dec 2014
Regular Contributor
Drew
Posts: 197
Registered: ‎03-27-2007

Re: Chase Card Services (Argh)

Thank you for the feedback everyone. I was clearly just upset, but I do understand that the rest of the inquiries were based in my own initiative. The reason I was upset was because I truly would've not requested another increase, if they replied and told me they couldn't soft pull. It was the fact that they didn't confirm whether or not I still wanted to make the request.

American Express Blue Cash Everyday $25000
Capital One Venture World MasterCard $10000
Chase Freedom Visa Signature $10000
Chase Sapphire Visa Signature $15000
Discover IT $5500
GEMB Old Navy Visa $15000

Super Contributor
enharu
Posts: 6,828
Registered: ‎02-27-2013

Re: Chase Card Services (Argh)

On the plus side you have nice limits from chase as it is, and that inquiries fall off over time.

Even in the scenario when lenders do a HP when you asked specifically for a SP cli, it's hard to dispute that inquiry. The logic is that whenever anyone seeks credit, the lender reserves the right to pull your report, similar to how you are within your rights to choose which lender you want to do business with. It's a 2 way street essentially.

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Discover IT (15k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k).
Established Contributor
migliogiorni
Posts: 657
Registered: ‎06-27-2012

Re: Chase Card Services (Argh)

If you go in expecting an HP or 2 in worst case. Might not request the CLI. I've never gotten an SP when requesting a CLI. Not sure why people get surprised when they're HP'd...to quote Chris carter "C'mon Man!"

BOA: 8.9k
CSP: 5k
Discover: 5k
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Senior Contributor
youngandcreditwrthy
Posts: 5,994
Registered: ‎08-16-2012

Re: Chase Card Services (Argh)

Lol I'd go ahead and dispute one of the inqs off your reports. While everyone here is technically correct. You are correct as well in just wanting to be an informed consumer
I successfully disputed a similarly acquired Citibank NA inquiry.
Good luck!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | CSP $10k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k | Express $3.05K | Myponts.com Visa $3.5k | Freedom Visa $1k| Amex Surpass $1k
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HiLine
Posts: 2,723
Registered: ‎10-19-2012

Re: Chase Card Services (Argh)


TM82 wrote:
The expectation that credit line increases are soft pulls should not be the norm. You are seeking additional credit and should there fore expect a hard pull and if you get a soft be happy that it was just a soft. The simple fact that Amex only softs is an abnormality not the standard. Whether or not Chase pulls two reports or one is another argument. I've only experienced one on all my apps.

Your anger towards Chase in this instance is not really their fault, you requesting an increase basically gave them permission to pull your reports, even if they already did 2 days prior.

Well said!


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