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Established Member
jwheel113
Posts: 23
Registered: ‎09-28-2011
0

Re: Just denied for Chase Freedom

Kohl's Chase (it was closed about 2 years ago due to inactivity)

Valued Contributor
discernment
Posts: 1,142
Registered: ‎09-01-2011
0

Re: Just denied for Chase Freedom


jwheel113 wrote:
"I think I learned a valuable lesson but I'm not quite sure what it was yet."


Chase only wants customers who have achieved great credit success --- somewhere else.  They don't believe in giving anyone their first chance.



Husband's Current Score: EX 691 CUSC; EQ 694; TU 687; Mine: EX 773 (AMEX); EQ 720; TU 750
Wallet Contents: SECURED: Capital One Platinum Mastercard, US Bank Harley Davidson Visa, USAA Bank American Express;
UNSECURED: Chase Freedom; USAA Cash Rewards World Mastercard, Discover More, CUSC Platinum Rewards Visa, American Express Zinc, American Express Blue Cash Preferred, Amazon Card, Walmart Discover Card
Established Member
jwheel113
Posts: 23
Registered: ‎09-28-2011
0

Re: Just denied for Chase Freedom

It sure seems that way.  FWIW, each analyst I spoke with was consistent in saying they would have been willing to overlook the negatives if I had opened another CC account since that time.  Since, I'd only opened one new CC account since the foreclosure they didn't see that I'd done enough to reestablish credit since.  Of course, that's only speculation I guess.  Your point is well taken though since essentially, Chase seems to be saying "go get that second card somewhere else and then apply with us again later."

Frequent Contributor
GBPac12
Posts: 252
Registered: ‎12-09-2011
0

Re: Just denied for Chase Freedom


jwheel113 wrote:

It sure seems that way.  FWIW, each analyst I spoke with was consistent in saying they would have been willing to overlook the negatives if I had opened another CC account since that time.  Since, I'd only opened one new CC account since the foreclosure they didn't see that I'd done enough to reestablish credit since.  Of course, that's only speculation I guess.  Your point is well taken though since essentially, Chase seems to be saying "go get that second card somewhere else and then apply with us again later."


Ahh, its refreshing to see that the human element of credit reporting is still alive and well. I would hate it if everything was based on score alone :smileymad:.


Starting Score: EQ: 600, EX: 580, TU: 599
Current Score: EQ: 710 on 01/22/12, TU: 763 on 02/02/12, EX: 753 on 1/28/13
Goal Score: EQ: 775, TU: 775, EX: 775


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Regular Contributor
shaddix
Posts: 149
Registered: ‎10-28-2011
0

Re: Just denied for Chase Freedom

Just bad luck man. Maybe next time


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