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Denied...I think (CSP)

New Contributor

Re: Denied...I think (CSP)

Calling recon gives me anxiety! What do they ask you?
EX 758 | EQ 721 | TU 768
Goal: 760+ across the board by May 2015
Gold Delta SkyMiles AMEX $32.8K | Citi Thank You Preferred $7K | Discover It $8.2K | Chase $3K + a few store cards
Message 11 of 28
Valued Contributor

Re: Denied...I think (CSP)

It could be as simple as income, or some other verification. Or you could be asked about things on your report, baddies etc if any...or they can simply ask you why you want their cc. Bottom line just be honest Smiley Wink it's not as bad as going in for a job interview. Heh...gl!


GARDEN GOAL: MARCH 2014
LAST APP: 08/20/2013
---=[NORTHBOUND]=---
Message 12 of 28
Frequent Contributor

Re: Denied...I think (CSP)

Just be honest. Smiley Happy good luck - we are rooting for you!
MyFICO Scores: 720 (EX 10/05) | 718 (EQ 10/05) | 703 (TU 10/05)| | Amex Plat NPSL | Amex PRG NPSL | Amex Business Gold NPSL | Chase Sapphire Preferred 22,000 | Chase Freedom 20,000 | Walmart 15,000 | Amex Delta Reserve 12,900 | Chase Ritz 10,000 | Diner's Club Elite 10,000 | NASA Platinum Rewards 8,800 | Capital One Quicksilver 2,500
Message 13 of 28
New Contributor

Re: Denied...I think (CSP)

Whenever i have to call recon i try to act nonchalant about it helps put me at ease), I just call and explain that i applied and noticed that the approval was not instant and was there anyhting else they needed from me to help the process along, usually they don't ask for something and simply review the application.

Current Scores EQ (697) Tu (740) EX (705) Amex pull
Current Cards- Amex PRG(NPSL), Amex Zync (NPSL), Amex Hilton Honors Surpass ($3000), Chase Sapphire Preferred ($12,000), Citi Simplicity ($10,900), Southwest Visa Signature ($10,500), Discover It ($4250), FNBO Amex ($4,000), First National Credit Card ($2000), Capital One Platinum ($2500 and $1750), Lowes ($6000) , Walmart Discover ($6000).
Message 14 of 28
New Contributor

Re: Denied...I think (CSP)

On the phone right now...will update soon! Smiley Surprised

EX 758 | EQ 721 | TU 768
Goal: 760+ across the board by May 2015
Gold Delta SkyMiles AMEX $32.8K | Citi Thank You Preferred $7K | Discover It $8.2K | Chase $3K + a few store cards
Message 15 of 28
New Contributor

Re: Denied...I think (CSP)

I'm on pins and needles. GL!

 

I apped yesterday and got the same message. Gonna call around lunchtime EST.

Chase Sapphire Preferred $10,000 | United Mileage Plus Visa $8000 | Bank of America Cash Rewards $5000 | Chase Freedom Visa $4800 | Citi AAdvantage Platinum World MC $3500 | PayPal Extras MC $3250 | Amazon Store $3000 | Quicksilver One MC $2500 | Walmart Discover $2000 | Merrick Bank Visa $1400 | First Premier Bank $300
Last App 01/10/2014... In the Garden until Fall 2014
Message 16 of 28
New Contributor

Re: Denied...I think (CSP)

Alright...still a denial. She says the letter I will receive states the denial is due to an old BK (almost 8 years old - will fall off my report 10/15). However, she said that isn't necesarily the issue since they've already extended credit to me post BK, back in 2008, and that account has always been in good standing. She stated I've also "handled my credit well since the BK".

 

So, I asked if I should reapply in two years when the BK falls off. She said, no, that I can try again sooner. She was unable to override the denial because the CSP has a minimum opening CL that my current lines don't support. Maybe they're a lender that likes to see others giving higher CL's first? My highest reporting CL is $3500 right now since my 10K AMEX and $4K Discover aren't reporting yet.

 

Bummer. I am going to wait for scores to recover after taking a hit for two new accts and 4 HP's.

EX 758 | EQ 721 | TU 768
Goal: 760+ across the board by May 2015
Gold Delta SkyMiles AMEX $32.8K | Citi Thank You Preferred $7K | Discover It $8.2K | Chase $3K + a few store cards
Message 17 of 28
New Contributor

Re: Denied...I think (CSP)


Home2014 wrote:

I'm on pins and needles. GL!

 

I apped yesterday and got the same message. Gonna call around lunchtime EST.


 

Good luck!! Let us know!

EX 758 | EQ 721 | TU 768
Goal: 760+ across the board by May 2015
Gold Delta SkyMiles AMEX $32.8K | Citi Thank You Preferred $7K | Discover It $8.2K | Chase $3K + a few store cards
Message 18 of 28
New Contributor

Re: Denied...I think (CSP)

Oh, and she said to try to app for Freedom or Slate...wdyt? Or should I just wait? Will Chase CP later on?

EX 758 | EQ 721 | TU 768
Goal: 760+ across the board by May 2015
Gold Delta SkyMiles AMEX $32.8K | Citi Thank You Preferred $7K | Discover It $8.2K | Chase $3K + a few store cards
Message 19 of 28
Established Contributor

Re: Denied...I think (CSP)


tinom1234 wrote:

Alright...still a denial. She says the letter I will receive states the denial is due to an old BK (almost 8 years old - will fall off my report 10/15). However, she said that isn't necesarily the issue since they've already extended credit to me post BK, back in 2008, and that account has always been in good standing. She stated I've also "handled my credit well since the BK".

 

So, I asked if I should reapply in two years when the BK falls off. She said, no, that I can try again sooner. She was unable to override the denial because the CSP has a minimum opening CL that my current lines don't support. Maybe they're a lender that likes to see others giving higher CL's first? My highest reporting CL is $3500 right now since my 10K AMEX and $4K Discover aren't reporting yet.

 

Bummer. I am going to wait for scores to recover after taking a hit for two new accts and 4 HP's.


 

I wonder what factors chase takes when they decide for/against giving a CS/CSP to people with no 5K lines, since they definitely do occassionaly give them out to people with fairly low lines (i had 8600 across 5 cards, 3000 on my highest when i got approved for Sapphire)

EQ-736(08/14) TU-752(09/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 11.7K | Disc It 10.5K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yrs AAOA: 2yrs
Message 20 of 28