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Established Contributor
SwiftTone
Posts: 1,024
Registered: ‎02-27-2012

Re: Quite the Chase Surprise . . CLD


n777ua wrote:


how many inq's did chase deem excessive?


8 over 6 wks



How many were mortgages within a 30 day period

 

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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012

Re: Quite the Chase Surprise . . CLD

I wonder if you know what your FICO scores really are.

You said you pulled all three scores this morning. Where did you this? You can't just pull your Experian FICO score anymore.

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Jake0215
Posts: 260
Registered: ‎11-10-2011

Re: Quite the Chase Surprise . . CLD


n777ua wrote:


how many inq's did chase deem excessive?


8 over 6 wks


How many total after the 8? I'm assuming all 8 were on all 3 cra's? What bureau did chase pull to approve for cards? And how many total on that report?

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AF_23
Posts: 288
Registered: ‎02-06-2012

Re: Quite the Chase Surprise . . CLD


lithium78 wrote:

This kind of stuff is why I don't do business with Chase.


:smileyvery-happy:

Frequent Contributor
AF_23
Posts: 288
Registered: ‎02-06-2012

Re: Quite the Chase Surprise . . CLD


FrugalRican wrote:

I wonder if you know what your FICO scores really are.

You said you pulled all three scores this morning. Where did you this? You can't just pull your Experian FICO score anymore.


Relax on the questioning. Hes answered a bit on his situation and it appears Chase is acting like a fool if hes telling the truth that its related to just INQ's and a loan that was recieved.

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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012

Re: Quite the Chase Surprise . . CLD


AF_23 wrote:

FrugalRican wrote:

I wonder if you know what your FICO scores really are.

You said you pulled all three scores this morning. Where did you this? You can't just pull your Experian FICO score anymore.


Relax on the questioning. Hes answered a bit on his situation and it appears Chase is acting like a fool if hes telling the truth that its related to just INQ's and a loan that was recieved.



It's relevant.

INQ's are part of the equation, his FICO score very may well be a part of the "reasons" as well. Notice, they hinted at two "main" reasons, there could have been more and the letter might hint at that. The OP is operating under the assumption that the FICO scores he pulled are the correct ones, when it may be lower OR even higher. If they are in fact higher, it makes the situation all the more unusual... specially since the INQs are mortgage-related and the non-computer personnas working at Chase should have been able to read the classification.

 

Sorry if it seems like "unrelaxed" questioning, but I've learned that "main reasons" usually means there are more than just the main ones, but minor ones as well. It helps for one to paint a full picture in order to get a better idea of where one stands.

 

I'm just merely trying to help, that is all... specially if I see someone who is potentially pulling FAKOs, thinking they are FICOs.

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Established Contributor
n777ua
Posts: 566
Registered: ‎05-29-2011

Re: Quite the Chase Surprise . . CLD

[ Edited ]

FICO or FAKO I guess I really don't know the difference, they are the scores I get from my credit monitoring, which is through USAA.

 

Interestingly enough, when I got home today there were three separate letters from Chase dated 7/17, all stating the same thing.  Only one reason noted for the CLD, which was "RAPID INCREASE IN REVOLVING DEBT"

 

huh? The Chase rep I spoke with earlier today didn't say anything about that, and the letters I have today state nothing about INQ's....

 

Also, looks like they softed TU.

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Established Contributor
flowfaster
Posts: 787
Registered: ‎08-30-2011

Re: Quite the Chase Surprise . . CLD

[ Edited ]

n777ua wrote:

FICO or FAKO I guess I really don't know the difference, they are the scores I get from my credit monitoring, which is through USAA.

 

Interestingly enough, when I got home today there were three separate letters from Chase dated 7/17, all stating the same thing.  Only one reason noted for the CLD, which was "RAPID INCREASE IN REVOLVING DEBT"

 

huh? The Chase rep I spoke with earlier today didn't say anything about that, and the letters I have today state nothing about INQ's....

 

Also, looks like they softed TU.


 

Without reading the whole thread I suggest you call the executive office right away and demand reconsideration and/or explanation.  It is like night and day when talking to the executive office employees. 

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pizzadude
Posts: 8,626
Registered: ‎01-28-2010

Re: Quite the Chase Surprise . . CLD

[ Edited ]

n777ua wrote:

FICO or FAKO I guess I really don't know the difference, they are the scores I get from my credit monitoring, which is through USAA.

 

Interestingly enough, when I got home today there were three separate letters from Chase dated 7/17, all stating the same thing.  Only one reason noted for the CLD, which was "RAPID INCREASE IN REVOLVING DEBT"

 

huh? The Chase rep I spoke with earlier today didn't say anything about that, and the letters I have today state nothing about INQ's....

 

Also, looks like they softed TU.


They are FAKO scores ~ take a look at the credit scoring101 thread in this link, it explains the differences between FAKO and FICO scores:

 

http://ficoforums.myfico.com/t5/Credit-Cards/Helpful-threads/td-p/415263

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Crashem
Posts: 3,098
Registered: ‎01-26-2012

Re: Quite the Chase Surprise . . CLD

I recommend buying one FICO from here just to give you an idea where you stand.  BTW, are DW and you joint on accounts?  Trying to understand why a personal loan by her would affect you.

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