cancel
Showing results for 
Search instead for 
Did you mean: 

Quite the Chase Surprise . . CLD

Valued Contributor

Re: Quite the Chase Surprise . . CLD

This is why i always let a balance post every 3 months in every card i got. They gave me credit so the least thing i can do is let them make some dollars out of me by letting them charge me interest in that balance.
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Message 11 of 54
Valued Contributor

Re: Quite the Chase Surprise . . CLD


jsickz32 wrote:
This is why i always let a balance post every 3 months in every card i got. They gave me credit so the least thing i can do is let them make some dollars out of me by letting them charge me interest in that balance.
They make money from transaction fees. No need to pay interest if not needed.
               LIMITS IN CARD DESCRIPTIONS
Message 12 of 54
Valued Contributor

Re: Quite the Chase Surprise . . CLD

Something is obviously going on with OPs credit. It can't be bad luck that two different creditors CLD. OP, have you pulled from all credit reports? Also, look on them to see when they last soft pulled you and see what they might have seen then. Obviously the soft pulls triggered the CLDs.
               LIMITS IN CARD DESCRIPTIONS
Message 13 of 54
Blogger

Re: Quite the Chase Surprise . . CLD


jsickz32 wrote:
This is why i always let a balance post every 3 months in every card i got. They gave me credit so the least thing i can do is let them make some dollars out of me by letting them charge me interest in that balance.

I've got 20 bucks I can lend you so that you can pay me $25 back.

 

They are making their money on swipe fees, don't lose money on carrying balances.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Message 14 of 54
Valued Contributor

Re: Quite the Chase Surprise . . CLD

@crashem still i rather pay 4 dollars of interest than them lowering my cl cuz they they dont think i need it.
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Message 15 of 54
Valued Contributor

Re: Quite the Chase Surprise . . CLD


jsickz32 wrote:
@crashem still i rather pay 4 dollars of interest than them lowering my cl cuz they they dont think i need it.
I doubt a small running balance will prevent cld vs pif and same use. Never had a card cld me unless there was no use.
               LIMITS IN CARD DESCRIPTIONS
Message 16 of 54
Established Contributor

Re: Quite the Chase Surprise . . CLD

Hey everyone

 

Just got off the phone with a credit analyst.  CLD'd for two main reasons, excessive inq's (we've been mortgage shopping) and I guess they were freaked by a $15k personal loan that DW took out a couple of months ago.  Credit analyst confirmed there have been no lates on these accounts, or any accounts on the reports.  Analyst was friendly, but firm that the CLD's will remain at this time and will probably stay that way for 12-18 months.  I tried pushing a little but they wouldn't budge.  I asked if the CL's would be decreased further and was told "anything is possible"  

 

FICO's between 700-715 all three pulled this morning by myself.

 

*shrugs* I feel kinda stupid now, I've been touting how great Chase has been to us for the past year; guess I'll be having some crow for dinner tonight.  

About $215,000 total credit among 11 cards
Message 17 of 54
Frequent Contributor

Re: Quite the Chase Surprise . . CLD


n777ua wrote:

Hey everyone

 

Just got off the phone with a credit analyst.  CLD'd for two main reasons, excessive inq's (we've been mortgage shopping) and I guess they were freaked by a $15k personal loan that DW took out a couple of months ago.  Credit analyst confirmed there have been no lates on these accounts, or any accounts on the reports.  Analyst was friendly, but firm that the CLD's will remain at this time and will probably stay that way for 12-18 months.  I tried pushing a little but they wouldn't budge.  I asked if the CL's would be decreased further and was told "anything is possible"  

 

FICO's between 700-715 all three pulled this morning by myself.

 

*shrugs* I feel kinda stupid now, I've been touting how great Chase has been to us for the past year; guess I'll be having some crow for dinner tonight.  


how many inq's did chase deem excessive?


Starting Score: 617 EQ 10-17-11
Current Score: EQ 767 TU 769 EX 749 (all FICO but who really knows?)
Goal Score: 800


Take the FICO Fitness Challenge
Message 18 of 54
Blogger

Re: Quite the Chase Surprise . . CLD


n777ua wrote:

 

FICO's between 700-715 all three pulled this morning by myself.

 


All three?

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Message 19 of 54
Established Contributor

Re: Quite the Chase Surprise . . CLD



how many inq's did chase deem excessive?


8 over 6 wks

About $215,000 total credit among 11 cards
Message 20 of 54