Has Chase gone subprime

[Anonymous]

i think they are refering to questions like have you filed bk in x years, etc. the questions that will kill your chances.

[Anonymous]

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dnm45227 wrote:

i think they are refering to questions like have you filed bk in x years, etc. the questions that will kill your chances.

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Told you I was confused   Ahhhhh!  The questions of death are not so deadly.....

[drvbasic]

Just applied got 30 day message...is that a denial???

[drvbasic]

I am in Virginia I wonder what CR they pulled...I hope they pulled EQ my EX and TU have baddies but not EQ

[Anonymous]

i keep getting pre-approved mtg cards from them with some  God awful interest rate of 10. something.  It has  to be sub-prime as my scores should give me 5 or 6. something int. rate.

No way CHASE!!!

[Anonymous]

I used to work for BankOne

I will never have an account with them.

Wells Fargo is on my never do business wih list too.

So in Compass bank.

[Anonymous]

Timothy wrote:

Wells Fargo is on my never do business wih list too.

just refi's a car from wells 19.24 to 6.99 and told tem to shove a 5k visa. had the visa about 1.5 years, no cli or lowering of rate.

felt real good, since they took aa on me twice. had a cash on demand card approvals twice. 1st time actually had and used some of the line, got a letter saying they changed thier guidlines and i no longer qualify. second, signed docs thought it was a done deal, they killed it in underwriting so at least the new account never hit the cra's.

[haulingthescoreup]

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@Anonymous wrote:

i keep getting pre-approved mtg cards from them with some God awful interest rate of 10. something. It has to be sub-prime as my scores should give me 5 or 6. something int. rate.

No way CHASE!!!

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In this day and age, 3-4% over WSJ prime rate does not make a card sub-prime...

All the CCC's are becoming less generous.

edit: whoops, sorry, just saw the "mtg." Mortgage cards? If you're talking mortgage rates, then I agree, 10+% is too high for your scores.

Message Edited by haulingthescoreup on 12-23-2007 10:35 PM

[Anonymous]

yes they send out those cheap cards now for pre-appproved mortgage rates. I personally think they are sub-sub-prime.

[heirophant]

So, here is a little update on a subject I addressed earlier in this thread.  I said I was going to say goodbye to my Orchard account because of the AF.  Well, I had put in a request to combine my HSBC credit card and orchard bank in November.  It was actually my second time requesting it.  The first time they sent me a letter saying that the terms were incompatible and they couldn't do it.  Here are the terms:

HSBC Gold Sallie Mae affinity card:

14.49%, $0 AF, $400 Limit, 3 Months Old

Orchard Platinum

14.99%, $59 AF, $600 Limit, 1 Year Old

Well, they approved this request to consolidate the cards to the HSBC Gold Sallie Mae affinity card.  I just got the letter in the mail today.  Just got to send a form back to them.  The only reason I bring this up is that a lot of people report having problems getting HSBC to consolidate their accounts.  I just wanted to report some success.  Merry Christmas.