topic Re: Chase Freedom Unlimited Approval in Credit Card Approvals

Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 12:03:48 GMT

My Story,

After reading a few stories here I decided to sign up for the Chase Credit Journey score. It showed that my score was at 650. To my surprise it gave me an offer for a few cards including the Freedom Unlimited, I jumped on it faster than a rabbit going for a carrot.

I was approved for the Freedom unlimited with a $4300 credit limit.

The reason I was surprised is that I have two 30 days late on all three reports from Capitol One, I got that in December. Also one charge off on my Experian report that will fall off next year in June. I checked my Experian report through discover and it shows my FICO at 630.

I also applied for Samsung credit for $1100 two days ago an was declined.

My current cards are now

Freedom Unlimited - $4300

Capitol One Quiksilver One - $750 opened 2017

Capitol One Platinum Secured - $750 opened 2015

Re: Chase Freedom Unlimited Approval

xaximus — Tue, 14 Aug 2018 13:04:12 GMT

Congrats on the approval! That's a pretty good SL as well.
Any DPs? What bureau was pulled?

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 13:27:48 GMT

I received an alert that they pulled from TransUnion . My score with them is 656.

I have no previous relationship with chase

When I applied for the Samsung credit it showed that they pulled from Experian (it was for a phone). When I applied for the same phone through Verizon I don't show a pull, I have been with them for over ten years and was approved.

I looked up what DPs and from my best guess it means Data Points, I still don't know what that means, an explanation would be helpful to better answer your question.

A little more about my background .

utilization = 9%

Base Income = 60k

Inquireries = 7. Two this year

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 13:55:37 GMT

Congrats on your approval and very nice SL !!!!

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 13:59:20 GMT

Congrats on approval and great SL!

Re: Chase Freedom Unlimited Approval

K-in-Boston — Tue, 14 Aug 2018 14:57:51 GMT

Welcome to the forums and congratulations on a very nice introduction to Chase!

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 15:26:23 GMT

@Anonymous wrote:
... I looked up what DPs and from my best guess it means Data Points, I still don't know what that means, an explanation would be helpful to better answer your question ...

My first 2+ months here I always kept a seperate browser window open to this page -- so many darn abbreviations to learn! As to your question: it seems you've got the answer -- data, unique to you, that is used in the UW process, such as CRA used, FICO scores, Util, Inq, Inc, etc. This data helps subsequent users make informed decisions on whether or not they should also apply. Thus, it's very valuable. So thanks for adding yours!

And Congrats! Je1 for your great approval with Chase. Now might be a good time to see if Cap1 wants to offer you a better deal.

Re: Chase Freedom Unlimited Approval

Time2letgo — Tue, 14 Aug 2018 15:32:39 GMT

Congrats, nice starting limit.

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 15:40:27 GMT

I am currently too parenoid about having to many inquireries to ask capitol one for anything. I think I'll just sit on the cap1 cards for a few months and use the Chase as my primary.

I'm still going through the process of rebuilding my credit. I had about thirty derogatorys across the three credit beurous a couple of years ago. Most of them hit the SOL. I also forgot to make a payment to cap1 in November of last year that caused my score to fall from about 660 to the mid 400s.

I sent a couple of Goodwill's but no responce. I really don't want to push my luck.

I was eying the freedom unlimited cause of the 0% introductory, no annual fee, and the cash back.
I like the QS1 because I use it alot and the cash back cancells out the annual fee.
The one card I do want is the Amazon prime because I do most my shopping online and spend around 10-12k a year through them.

Re: Chase Freedom Unlimited Approval

19eighty5 — Tue, 14 Aug 2018 15:44:20 GMT

Congratulations on your approval!

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 15:52:47 GMT

@Anonymous wrote:
I am currently too parenoid about having to many inquireries to ask capitol one for anything ...

The link I gave you is a CapI pre-qual link. It's for existing card members to see if they qualify for better deals within Cap1. It costs nothing -- no HP, no HF (hard feelings). Cap1 puts it out there because: it's better they keep a customer with a better deal than not at all.

I tried it weekly until I got upgraded. Saved me $39.

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 16:11:55 GMT

Just followed the link and got a message that the offer was no longer available.

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 16:50:29 GMT

@Anonymous wrote:
Just followed the link and got a message that the offer was no longer available.

Right. That means they're not going to give you anything better TODAY. It doesn't mean they won't give it to you another time.

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 17:15:36 GMT

Thanks I'll keep trying in the future.

Hopefully the new tradeline and CL will give a bump to my score.

I followed the link through my phone's browser and It seemed to only check the Platinum secured card.
When I follow the link does it automatically check all accounts for offers or just one at a time?

Re: Chase Freedom Unlimited Approval

sjt — Tue, 14 Aug 2018 17:17:53 GMT

Congrats on your approval.

Word of advice- I think you should garden for a while. Chase does not like alot of new accounts opened after you opened your Freedom U account.

You might also want to take sometime and strategize a plan to get the C1 30 late removed via goodwill.

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 17:33:33 GMT

I was thinking the same sjt. I really don't need the credit card, I just want good credit.

I was looking for free ways to get a more complete profile of my credit and tried the credit journey score. When they offered that card I figured it was a good card to have.

I'm pretty bummed out about the 30 day lates on my record. They really hit me hard when they showed up on my report a few months ago. I just got lazy on keeping track of things. I didn't realize how bad a thirty day late was until I started cruising these forums (and I got two of then from the same month) . It seemed all the people around me made bad financial decisions and I was learning by their example. Its something I'm really kicking myself for now.

But you are right I'll keep the Freedom Unlimited for a while before I do anything else. I hope in the near future I'll have good news about the 30 day lates being removed and the charge off getting deleted.

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 20:55:42 GMT

cheers to you. you're the reason I pulled the trigger and got an approval!

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 20:58:40 GMT

Congrats on your CFU approval!

Re: Chase Freedom Unlimited Approval

Medic981 — Tue, 14 Aug 2018 21:35:05 GMT

Congratulations!

Re: Chase Freedom Unlimited Approval

Anonymous — Tue, 14 Aug 2018 22:54:28 GMT

Congrats on the approval!