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New Member
Salmon
Posts: 8
Registered: ‎07-03-2012
0

Chase Recon Denied... After being approved.

A couple of weeks ago I applied for a United Visa Platinum. Last time I had a credit card was over 10 years ago when I was in my late teens and had no real income. That didn't went well, I ended up settling and closing those accounts and steering clear from credit altogether. Now that I understand my finances a little better I tought I should get a credit card.

 

A few days after I applied I received a call from a Chase CSR who double checked some of my info and said I was approved with a $2500 CL! I was so happy! He said he'd send my paperwork in the mail. When I got mail from them it was actually a rejection letter citing too few revolving accounts, too low of an available credit on credit card accounts and a delinquency (90 and 60days late for a student loan 4 years ago... stupid me.)

 

I called a backdoor number that I found on this forum and I layed my case to the gentleman on the phone. I had no credit cards, which is why I was applying for theirs. I explained that my delinquency was a mistake in my youth that arose from not understanding finances too well. I made the point that I had been paying them on time for over 4 years now.

 

He still denied my application.

 

My Fico score is 710 right now. According to the website it's about average. Because of this I have avoided getting a secured card. Now I am wondering if maybe that is my only option. I just want to build my credit up for when the time comes to buy a house.

 

Any toughts?

Regular Contributor
tylaw13
Posts: 173
Registered: ‎06-28-2012
0

Re: Chase Recon Denied... After being approved.


Salmon wrote:

A couple of weeks ago I applied for a United Visa Platinum. Last time I had a credit card was over 10 years ago when I was in my late teens and had no real income. That didn't went well, I ended up settling and closing those accounts and steering clear from credit altogether. Now that I understand my finances a little better I tought I should get a credit card.

 

A few days after I applied I received a call from a Chase CSR who double checked some of my info and said I was approved with a $2500 CL! I was so happy! He said he'd send my paperwork in the mail. When I got mail from them it was actually a rejection letter citing too few revolving accounts, too low of an available credit on credit card accounts and a delinquency (90 and 60days late for a student loan 4 years ago... stupid me.)

 

I called a backdoor number that I found on this forum and I layed my case to the gentleman on the phone. I had no credit cards, which is why I was applying for theirs. I explained that my delinquency was a mistake in my youth that arose from not understanding finances too well. I made the point that I had been paying them on time for over 4 years now.

 

He still denied my application.

 

My Fico score is 710 right now. According to the website it's about average. Because of this I have avoided getting a secured card. Now I am wondering if maybe that is my only option. I just want to build my credit up for when the time comes to buy a house.

 

Any toughts?


So after they approved you and gave you a CL they denied you?? did you ask them why they arent honoring there first decision? when i called the Exec backdoor number i spoke with a very nice lady and have her contact info if you'd like it. its worth a try.

EQ FICO - 725 (9/11/13) TU FICO - 724 (6/27/13) EX FICO (6/30/13) 755 AMEX
Im my wallet - Cap1 Platinum MC(2000) Chase Freedom(1500) AMEX BCE (7000) Discover IT (8000) CSP (15000) Cal Coast CU (8000)
New Member
Salmon
Posts: 8
Registered: ‎07-03-2012
0

Re: Chase Recon Denied... After being approved.

That's right. I didn't ask them why. I should have. I asked which was the correct decision and he said the rejection was. I'll call the very nice lady. I guess it is important to know why they took it back and how that came to happen. Any other toughts?

Regular Contributor
tylaw13
Posts: 173
Registered: ‎06-28-2012
0

Re: Chase Recon Denied... After being approved.


Salmon wrote:

That's right. I didn't ask them why. I should have. I asked which was the correct decision and he said the rejection was. I'll call the very nice lady. I guess it is important to know why they took it back and how that came to happen. Any other toughts?


i messaged you the contact info. let us know how it goes!

EQ FICO - 725 (9/11/13) TU FICO - 724 (6/27/13) EX FICO (6/30/13) 755 AMEX
Im my wallet - Cap1 Platinum MC(2000) Chase Freedom(1500) AMEX BCE (7000) Discover IT (8000) CSP (15000) Cal Coast CU (8000)
Regular Contributor
tylaw13
Posts: 173
Registered: ‎06-28-2012
0

Re: Chase Recon Denied... After being approved.

Also if you know whats on your credit report that might help so you can defend it.

EQ FICO - 725 (9/11/13) TU FICO - 724 (6/27/13) EX FICO (6/30/13) 755 AMEX
Im my wallet - Cap1 Platinum MC(2000) Chase Freedom(1500) AMEX BCE (7000) Discover IT (8000) CSP (15000) Cal Coast CU (8000)
Regular Contributor
omskillet
Posts: 118
Registered: ‎01-04-2012
0

Re: Chase Recon Denied... After being approved.

[ Edited ]

Salmon wrote:

That's right. I didn't ask them why. I should have. I asked which was the correct decision and he said the rejection was. I'll call the very nice lady. I guess it is important to know why they took it back and how that came to happen. Any other toughts?


If you were denied "instantly" before being approved on recon lots of times you will automatically be sent a denial letter stating the reasons you were denied instantly.

 

Edit: misread op and had some previous comments that made no sense. apologies.

New Member
Salmon
Posts: 8
Registered: ‎07-03-2012
0

Re: Chase Recon Denied... After being approved.

Thanks! Got it. I doubt they are working today, since it's indepenence day. I will call tomorrow.

Regular Contributor
tylaw13
Posts: 173
Registered: ‎06-28-2012
0

Re: Chase Recon Denied... After being approved.


Salmon wrote:

Thanks! Got it. I doubt they are working today, since it's indepenence day. I will call tomorrow.


Let us know how it goes!

EQ FICO - 725 (9/11/13) TU FICO - 724 (6/27/13) EX FICO (6/30/13) 755 AMEX
Im my wallet - Cap1 Platinum MC(2000) Chase Freedom(1500) AMEX BCE (7000) Discover IT (8000) CSP (15000) Cal Coast CU (8000)
Established Contributor
bamagirl1
Posts: 1,045
Registered: ‎12-30-2007
0

Re: Chase Recon Denied... After being approved.

Yes I'm interest to see how it turns out..

 

Good Luck!

~01/2008 Ficos TU 571-EX 647-EQ 652~
~3/21/2009 Ficos TU 705 EX 702 EQ 692~
~9/9/09 Ficos TU 718 EQ 693 EX???
~06/25/12 Ficos TU 719 EQ 677 EX??
New Member
Salmon
Posts: 8
Registered: ‎07-03-2012
0

Re: Chase Recon Denied... After being approved.

Alright friends, a small update: I called the representative that Tylaw13 recommended. I explained my situation and told her I never was told why Chase decided not to honor the original decision. She was a little confused over why I was calling HER, and was actually on her way out of the office, so she wrote up my information and said she would fordward it to a supervisor and have a CSR call me today or tomorrow. I hope I can take the call. I am usually too busy while working to take personal calls.

 

I will update again when someone gets back to me. Honestly, I am not terribly invested in this card but I do want to know why they changed their mind because I am still in the market for a card and if there is something fishy going on with my applications I want to know what it is.


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