topic Re: Chase United with Bk in Credit Card Applications

Chase United with Bk

Anonymous — Wed, 15 Feb 2017 16:44:03 GMT

Hey guys I am interested in applying for the united explorer. I have a ch13 bk that is almost 3 years old and I've been on time with all my payments for like 5 years. I just recently ourchased a home which seemed to help my credit. My history with chase is a little bad but I am an authorized user for 2 years on chase marriot premier and it has been paid on time. My income is about 170k and my fico 8 scores is 685-700. Do I have a chance or does my Bk kill any chance of getting a chase card? Thanks in advance

Re: Chase United with Bk

atst2000 — Wed, 15 Feb 2017 17:27:17 GMT

Hi there!

I also have a discharged CH13 BK and I can tell you from personal experience that Chase hates any type of BK.

Doesn't matter if it's discharged or not. The computer will auto-decline your app. There have been some here in the fourms

that have successfully recon'd it, but prepare to do some begging.

Re: Chase United with Bk

Anonymous — Wed, 15 Feb 2017 17:29:34 GMT

Hi Benzo,

I was approved for the Explorer card 3 years post BK, which included them for over $100k in CC balances. They were firm with me on the 3 years, I applied at 2 years and 11 months and they told me to try again in 30 days. I have heard that they have loosened up a little more since, with establishment and experience. My scores were also in the 660's when I app'ed and got approved. if you really want to be sure try to see if you can increase the discover and barclay card above 5k. They really look at making decisions based on your existing experience with other lines of similar or higher limits. The explorer requires a $5k line. You have it on 2 but not the other two. I have about 10 cards all over 10k and they barely approved me on the override for $5k (but grew to over $20k in under a year).

Re: Chase United with Bk

Scupra — Wed, 15 Feb 2017 18:26:43 GMT

I would say you have a chance. The app will probably auto decline due to BK and you will need to call in for them to recon it. That is your chance to smooth talk Chase and explain why you need the card. Please report back with the outcome and good luck!

Re: Chase United with Bk

Anonymous — Wed, 15 Feb 2017 18:32:44 GMT

Good advice in your thread. I was instantly denied when my Chapter 13 was showing, but you just never know. Good luck whatever you decide.

Re: Chase United with Bk

Scupra — Wed, 15 Feb 2017 20:04:38 GMT

@Anonymous wrote:
Good advice in your thread. I was instantly denied when my Chapter 13 was showing, but you just never know. Good luck whatever you decide.

I was instant declined for Freedom, Freedom CLI and CSP. After recon I was approved for all three

Re: Chase United with Bk

Anonymous — Wed, 15 Feb 2017 20:09:16 GMT

@Scupra wrote:
@Anonymous wrote:
Good advice in your thread. I was instantly denied when my Chapter 13 was showing, but you just never know. Good luck whatever you decide.
I was instant declined for Freedom, Freedom CLI and CSP. After recon I was approved for all three

Good point, Scupra. I did that before I joined the forum and became credit-wise. I never heard of recon then. lol

Re: Chase United with Bk

Anonymous — Wed, 15 Feb 2017 20:34:03 GMT

Thanks for all the info guys. It sounds like I will get auto declined and then I'll have to call. I want any of the chase cards so If I apply for one should I just do all at the same time so I can call them one time for all?

Re: Chase United with Bk

Scupra — Wed, 15 Feb 2017 20:38:00 GMT

For me, I submitted the app online and called instantly.

Re: Chase United with Bk

Anonymous — Thu, 16 Feb 2017 15:06:35 GMT

My Marriott app came back pending, called the status line and the message was 7-10 days. I called in to recon and not a single question was asked about why I wanted the card, I was asked to explain the reasons surrounding my BK, my previous Chase CO, and what I've done to correct the issues. The lady was very nice, I gave her honest answers and turned my decline into a 5k approval. Just don't BS them and answer truthfully.

Re: Chase United with Bk

Scupra — Thu, 16 Feb 2017 17:05:04 GMT

@Anonymous wrote:
My Marriott app came back pending, called the status line and the message was 7-10 days. I called in to recon and not a single question was asked about why I wanted the card, I was asked to explain the reasons surrounding my BK, my previous Chase CO, and what I've done to correct the issues. The lady was very nice, I gave her honest answers and turned my decline into a 5k approval. Just don't BS them and answer truthfully.

Wooooo! Huge congrats to you, I knew you would get it Did the UW transfer it off with a "recommendation to approve" or approve it right there on the spot? Thanks

Re: Chase United with Bk

Anonymous — Thu, 16 Feb 2017 17:09:47 GMT

@Scupra wrote:
@Anonymous wrote:
My Marriott app came back pending, called the status line and the message was 7-10 days. I called in to recon and not a single question was asked about why I wanted the card, I was asked to explain the reasons surrounding my BK, my previous Chase CO, and what I've done to correct the issues. The lady was very nice, I gave her honest answers and turned my decline into a 5k approval. Just don't BS them and answer truthfully.
Wooooo! Huge congrats to you, I knew you would get it Did the UW transfer it off with a "recommendation to approve" or approve it right there on the spot? Thanks

She approved it right away and it showed up online a few minutes later.

Re: Chase United with Bk

Scupra — Thu, 16 Feb 2017 17:40:01 GMT

@Anonymous wrote:
@Scupra wrote:
@Anonymous wrote:
My Marriott app came back pending, called the status line and the message was 7-10 days. I called in to recon and not a single question was asked about why I wanted the card, I was asked to explain the reasons surrounding my BK, my previous Chase CO, and what I've done to correct the issues. The lady was very nice, I gave her honest answers and turned my decline into a 5k approval. Just don't BS them and answer truthfully.
Wooooo! Huge congrats to you, I knew you would get it Did the UW transfer it off with a "recommendation to approve" or approve it right there on the spot? Thanks
She approved it right away and it showed up online a few minutes later.

Wow, that's amazing! Can I ask how old your BK was? Usually any file with a BK gets sent for second/final approval by a senior underwriter.

Re: Chase United with Bk

Anonymous — Thu, 16 Feb 2017 17:46:45 GMT

May 2017 will be 3 years post discharge. Util is just over 20%, EX score according to CCT is 694, and EX INQs are 5 in the last 6 months, 16 in the last 12, mostly from auto and mortgage apps.

Re: Chase United with Bk

Scupra — Thu, 16 Feb 2017 17:50:38 GMT

@Anonymous wrote:
May 2017 will be 3 years post discharge. Util is just over 20%, EX score according to CCT is 694, and EX INQs are 5 in the last 6 months, 16 in the last 12, mostly from auto and mortgage apps.

Amazing work!! Thank you for sharing, this makes me wonder if Chase changed rules a little

Re: Chase United with Bk

Anonymous — Thu, 16 Feb 2017 18:31:30 GMT

@Anonymous wrote:
Hi Benzo,

I was approved for the Explorer card 3 years post BK, which included them for over $100k in CC balances. They were firm with me on the 3 years, I applied at 2 years and 11 months and they told me to try again in 30 days. I have heard that they have loosened up a little more since, with establishment and experience. My scores were also in the 660's when I app'ed and got approved. if you really want to be sure try to see if you can increase the discover and barclay card above 5k. They really look at making decisions based on your existing experience with other lines of similar or higher limits. The explorer requires a $5k line. You have it on 2 but not the other two. I have about 10 cards all over 10k and they barely approved me on the override for $5k (but grew to over $20k in under a year).

@ Sean60099 That is good to know, I burned them for about the same amount (by their calculations, not mine) and always it was done and over between me and them.

Was yours a 7 or 13? and if a 13 ultimately how much of that 100k did they eat (if any)?

@Scupra was Chase IIB?

Re: Chase United with Bk

Scupra — Thu, 16 Feb 2017 18:28:44 GMT

@Anonymous wrote:
@Anonymous wrote:
Hi Benzo,

I was approved for the Explorer card 3 years post BK, which included them for over $100k in CC balances. They were firm with me on the 3 years, I applied at 2 years and 11 months and they told me to try again in 30 days. I have heard that they have loosened up a little more since, with establishment and experience. My scores were also in the 660's when I app'ed and got approved. if you really want to be sure try to see if you can increase the discover and barclay card above 5k. They really look at making decisions based on your existing experience with other lines of similar or higher limits. The explorer requires a $5k line. You have it on 2 but not the other two. I have about 10 cards all over 10k and they barely approved me on the override for $5k (but grew to over $20k in under a year).
@ Sean60099 That is good to know, I burned them for about the same amount (by their calcualtions, not mine) and always it was done and over between me and them.

Was yours a 7 or 13? and if a 13 utilamyelly how much of that 100k did they eat (if any)?

@Scupra was Chase IIB?

I did not IIB Chase at all.