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Frequent Contributor
FicoScore626
Posts: 253
Registered: ‎09-01-2009

Re: Chase Platinum = Chase Freedom?

[ Edited ]

BP2003 wrote:

FicoScore626 wrote:

BungalowMo wrote:

FicoScore626 wrote:
Which one is their most basic card? Basically the card that people with good but not excellent credit stand a chance of getting approved for?

What are your scores & baddies?


My scores aren't satisfactory yet (663 TransUnion FICO, 644 Equifax FICO, and 654 Experian PLUS) but they've been improving every month. But I was thinking that at least 6 months - 1 year from now I'd apply for a Chase card since acquiring a Chase credit card is one of my main goals since I've been banking with them since 2003.. I've got my utilization under control. TransUnion has it at 4%, Equifax has it at 3% and Experian has the percentage of my Revolving Credit Available as 97%. I plan on maintaining and even lowering the utilization percentages over the course of the next few months in hopes of bettering my scores.

 

My baddies are a bunch of late payments on my student loan. The worst of which happened sometime between 2003 - 2005.. The most recent ones are over a year old. On the plus side, one of my student loans is about to get obliterated early next month and then I can focus on getting rid of the second loan, hopefully before the new year.

 

I wasted an inquiry applying for the Amazon visa (what the hell was I thinking??) and Chase sent me a denial letter stating that I had too many recent inquiries. They didn't even mention any of the baddies.Same thing with Capital One, so that gives me a little bit of hope. :smileyhappy:


You should recon...I have plenty of baddies (4 on EQ, 16 on TU, 4 on EX...all older than 2 years) and I was originally denied by Chase, with scores very similar to yours (I applied approx. 3 weeks ago).  I called in explained everything, and basically asked for a "shot" and a low limit, and they gave me a $1500 Chase Slate...which I converted to a Chase Freedom (since it also has Blueprint along with the Rewards)

Message Edited by BP2003 on 11-18-2009 10:04 AM

I was seriously thinking about doing a recon with Chase. I was going to write a letter to them pleading my case and ask for a chance with a low credit limit. Figured it was worth a shot since they already performed the hard inquiry on my soul! The question is, should I type the letter and just sign it by hand or should the entire letter be written by hand?

Message Edited by FicoScore626 on 11-18-2009 10:45 AM
Regular Contributor
BP2003
Posts: 139
Registered: ‎05-19-2008

Re: Chase Platinum = Chase Freedom?


FicoScore626 wrote:

BP2003 wrote:

FicoScore626 wrote:

BungalowMo wrote:

FicoScore626 wrote:
Which one is their most basic card? Basically the card that people with good but not excellent credit stand a chance of getting approved for?

What are your scores & baddies?


My scores aren't satisfactory yet (663 TransUnion FICO, 644 Equifax FICO, and 654 Experian PLUS) but they've been improving every month. But I was thinking that at least 6 months - 1 year from now I'd apply for a Chase card since acquiring a Chase credit card is one of my main goals since I've been banking with them since 2003.. I've got my utilization under control. TransUnion has it at 4%, Equifax has it at 3% and Experian has the percentage of my Revolving Credit Available as 97%. I plan on maintaining and even lowering the utilization percentages over the course of the next few months in hopes of bettering my scores.

 

My baddies are a bunch of late payments on my student loan. The worst of which happened sometime between 2003 - 2005.. The most recent ones are over a year old. On the plus side, one of my student loans is about to get obliterated early next month and then I can focus on getting rid of the second loan, hopefully before the new year.

 

I wasted an inquiry applying for the Amazon visa (what the hell was I thinking??) and Chase sent me a denial letter stating that I had too many recent inquiries. They didn't even mention any of the baddies.Same thing with Capital One, so that gives me a little bit of hope. :smileyhappy:


You should recon...I have plenty of baddies (4 on EQ, 16 on TU, 4 on EX...all older than 2 years) and I was originally denied by Chase, with scores very similar to yours (I applied approx. 3 weeks ago).  I called in explained everything, and basically asked for a "shot" and a low limit, and they gave me a $1500 Chase Slate...which I converted to a Chase Freedom (since it also has Blueprint along with the Rewards)

Message Edited by BP2003 on 11-18-2009 10:04 AM

I was seriously thinking about doing a recon with Chase. I was going to write a letter to them pleading my case and ask for a chance with a low credit limit. Figured it was worth a shot since they already performed the hard inquiry on my soul! The question is, should I type the letter and just sign it by hand or should the entire letter be written by hand?

Message Edited by FicoScore626 on 11-18-2009 10:45 AM

Letter is last option.  Call for a recon first.  If you get too much resistance, then send the letter.  And type the letter and sign it by hand...it looks more professional.

***From ashy to classy***
Senior Contributor
BungalowMo
Posts: 4,235
Registered: ‎05-01-2008

Re: Chase Platinum = Chase Freedom?

hey 626.....what report did they pull????


Starting Score: 07/2011 TU 732 - EQ 717 - EX 702
Current Score: 06/2014 TU 739 - EQ '08 709 - EX 721
Goal Score: 850

Bury me in the garden...last app 06.18.14

Frequent Contributor
FicoScore626
Posts: 253
Registered: ‎09-01-2009

Re: Chase Platinum = Chase Freedom?

[ Edited ]
I'm in New Jersey and they pulled Experian. So my application was pretty much dead on arrival, lol. I REALLY wish they pulled TransUnion, then I'd have a fighting chance. :smileyvery-happy:
Message Edited by FicoScore626 on 11-18-2009 11:27 AM
Message Edited by FicoScore626 on 11-18-2009 11:34 AM
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009

Re: Chase Platinum = Chase Freedom?

Chase is an EX puller.

 

Recon all denials. Start with a phone call.

Frequent Contributor
moondog7324
Posts: 488
Registered: ‎04-09-2008

Re: Chase Platinum = Chase Freedom?

I got a Chase Platinum last December, and it is a rewards card.
Valued Contributor
Swapmeet
Posts: 1,329
Registered: ‎11-10-2012

Re: Chase Platinum = Chase Freedom?

[ Edited ]

Call them. If they say no, call them again. If they still resist, call the other number. If they still deny you then I doubt a letter would change their mind, but, by all means, go for it. During the recon process be prepared to discuss everything on your Experian report, cause they are going to ask about it.

My Wallet: WalMart: ||15k|| USAA Platinum MC: ||13k|| Amex Delta Gold: ||2k||; BCE: ||9k|| Chase Freedom Siggy: ||10k||
Discover it: ||6.5k|| SG Visa: ||11k|| USAA World MC: ||13k|| US Bank Cash+ Siggy: ||5k|| Citi TYP World MC: ||10.5k||
Barlays Arrival World MC: ||10k||
Fico Scores: EQ 760 (SW),TU 757 (Walmart), EX 738 (myfico) Last app: Arrival World MC 2-1-14

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