10-10-2008 09:32 AM - edited 10-13-2008 01:07 PM
I opened a checking/savings account at Chase bank on 9/26/08. Applied for the Chase Visa Platinum card and recieved a denial letter the other day.
Just called a few minutes ago, explained why I filed bankruptcy; the rep verified my HHI, addy, etc. Then she put me on hold and came back and approved me for $2,000.00. Yay!!!
My first prime card since BK-04(no baddies since). Actually 2 BKs on my TU report. Go figure!
10-10-2008 10:32 AM
I explained to her that I have 3 subprime cards and I want a shot at a prime bank card. She said she noticed that my revolving balances are low and after a while that I can call in to ask for a credit increase.
I was so thankful to her for giving me a chance.
Now, I will SD Credit One! I will only use it to pay for SW every month. Next up for SD, Orchard Bank.
Should I wait for Chase to start reporting maybe 6 months or so before I try for BOA (unsecured)?
10-10-2008 11:34 AM
What number did you call. Any baddies other than BK?
10-10-2008 11:41 AM - edited 10-10-2008 11:42 AM
Big congrats on the Chase card. Do you realize how rare it is for Chase to do that? I wouldn't even dream of going for a BoA card right now. I'd treat that Chase card with the loving care of a newborn baby...well, actually, I'd use it extensively, PIF it monthly, and show them some serious usage LUV.
I think you just gave a whole bunch of WaMU card holders out there hope.
Edit: Yes, wait on the BoA.
10-10-2008 12:50 PM - edited 10-10-2008 12:51 PM
Thanks everyone. Everything I've disputed and got deleted is because of this forum. I wouldn't have known where to begin in repairing my credit.
I was surprised myself when she returned and said that she recommended me for $2,000 CL.
Terence- I have only 2 bks showing on TU. No other baddies/lates or IIB accts. My last bk was filed in 2004. The analyst asked why did i file bk. I was nervous but straightforward. I only explained about 1 bk she didn't ask about the other bk. Call duration was less than 10 minutes total.
10-10-2008 12:52 PM
10-10-2008 01:14 PM
10-13-2008 01:19 PM
UPDATE: Just checked my Chase online accounts and there it was CHASE FREEDOM $2,000 CL, 14.99% on purchases (don't matter, I always PIF every month).
I totally thought I was gonna get the Platinum Visa Signature card. The analyst asked if that's that's the one I applied for I told her yes. So a Freedom Card was totally unexpected.
This will be my very first rewards cc ever. I only have their debit rewards card.
I'm ecstatic!!!!! Will be waiting for it in the mail.
10-13-2008 01:31 PM
Friendly, Supportive & Respectful
"However gradual may be the growth of confidence, that of credit requires still more time to arrive at maturity” ~ Benjamin Disraeli
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.