Established Contributor
Posts: 1,048
Registered: ‎02-27-2012
Re: Credit Card Apps 10/12

nenuco wrote:

Thanks for all the positive reinforcement. I really hope I get approved for all four. I will go ahead and apply for them tomorrow morning. I hope Chase extends me the $10K. I assume there is no special formula to calculate how much lenders will extend to you

No. They do have some sort of risk anaylsis model for the maximum amount of credit they would expose per customer per profile.

AMEX: $0/$25,000, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$6000, Barclays NFL: $0/$7000 Discover: $0/$14,000, Citi Dividend: $0/$3500

EQ FICO - 728
TU FICO - 743