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Regular Contributor
BCF
Posts: 120
Registered: ‎05-27-2012

Freedom with short history

Does anyone get approved for Chase Freedom with 7 months of credit history? I convince my friend to apply for AMEX PRG and Chase Freedom. PRG was approved but Freedom was declined due to short history :smileymad: I called for recon but not successful. He currently has a BOA Visa with 3k limit. Any suggestion? Should we call exec office?

Wallet: AMEX Blue Cash Preferred 5k; BofA Visa CashRewards 5k; BofA 1-2-3 MasterCard 4.4k; Citi TY Premier 2.5k; AMEX HHonors 3.5k, Chase Marriott 5k, Barclays US Airways 2.5k, Kohl's 300
Regular Contributor
altayar
Posts: 173
Registered: ‎08-19-2010

Re: Freedom with short history

He should call again. It really all depends on the rep that you talk to; some are nice enough and there's a good chance he'd be approved if he explains why he wants to get the card ( like I want to build a relationship with a prime bank like Chase ). 

Senior Contributor
youngandcreditwrthy
Posts: 5,973
Registered: ‎08-16-2012

Re: Freedom with short history

If he has a 3k boa, he should have been approved. Recon again!:-)
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
Established Contributor
gettnthere
Posts: 912
Registered: ‎06-14-2012

Re: Freedom with short history

[ Edited ]

Chase usually requires at least one year of revolving account history before they will approve. doubt he will be able to obtain it at this point, but he already took the HP so you could try another recon. GL



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 :smileywink:
Frequent Contributor
iMacDrew
Posts: 350
Registered: ‎07-13-2012

Re: Freedom with short history

Recon REcon RECon again. I seen no reason he would be approved for the PRG and not the freedom.

Lender pulled 10-10-13
EQ Fico 715 | EX Fico 714 | TU Fico 703
Regular Contributor
BCF
Posts: 120
Registered: ‎05-27-2012

Re: Freedom with short history

Thanks for responses guys. So, I will call them again on monday.

Wallet: AMEX Blue Cash Preferred 5k; BofA Visa CashRewards 5k; BofA 1-2-3 MasterCard 4.4k; Citi TY Premier 2.5k; AMEX HHonors 3.5k, Chase Marriott 5k, Barclays US Airways 2.5k, Kohl's 300
Established Contributor
gettnthere
Posts: 912
Registered: ‎06-14-2012

Re: Freedom with short history


iMacDrew wrote:

Recon REcon RECon again. I seen no reason he would be approved for the PRG and not the freedom.


that is pretty weird huh



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 :smileywink:
Established Contributor
YahComb
Posts: 588
Registered: ‎03-10-2012

Re: Freedom with short history

Probably worth a recon attempt. They've loosened up on Freedom requirements this year. I was denied in March @ 7 months history...it was my 4th inquiry in last 2 months(plus 3 more over 6 months but less than a year) and i had a score around 690 and utilization under 10% and had 2 accounts 1 month old and 2 accounts 7 months old.

 

But check out the last 3 or so months and you'll see people with scores under 680 and under 1 year history getting Freedoms(a lot of times for under 1K though). I was able to get it Earlier this month with a similar score as in march but now 2 accounts 1 year old and 2 6 months old. And They gave me a better limit at 3K than i would have gotten back then (my highest card was 1.4K store card).

 

So it's a little more attainble to get now, the downside is they're handing out more toy limits too now. It's hard not to rush things when you're starting out and are frustrated with small limits, but looking at me, just a little bit more time taking care of your credit can do wonders.

EQ-728(03/31/14) TU-761(03/19/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 7.5K | Disc It 9K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 2.67yr AAOA: 21.8 mo
Frequent Contributor
CreditChampion
Posts: 260
Registered: ‎03-15-2012

Re: Freedom with short history

Call the executive offices I got approved with 5 months of history.


Fico Scores: 763 EQ(12/11/12) 768 TU(12/11/12) ? EX(TBD)
AMEX Zync NPSL(AU) Citi Forward $4k Discover it $2000 Wells Fargo Cash Back $1300 BankAmericard Better Balance $700 Chase Freedom $500 Capital One Quicksilver $1250
Capital One Secured Card (AU) $251 Capital One Platinum (AU) $500
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Freedom with short history


gettnthere wrote:

Chase usually requires at least one year of revolving account history before they will approve. doubt he will be able to obtain it at this point, but he already took the HP so you could try another recon. GL


This is true, I would wait until then and then reapp.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014

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