topic Re: Chase Freedom Pre-Approved then DENIED. UGH! in Credit Card Applications

Chase Freedom Pre-Approved then DENIED. UGH!

boogiesaveslives — Mon, 08 Dec 2014 19:05:07 GMT

Pulled the trigger on Chase Freedom after being pre-approved on their website. Denied after 2 recons for high util (60%) and a recent late in July. So frustrated that I wasted the HP (first one in 2 years)

I'm trying to consolidate a few cards, thinking about applying for Cap One (pre-approved), Barclay or maybe DCU. Not sure which would be better for me. Thoughts?

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Anonymous — Mon, 08 Dec 2014 19:09:47 GMT

Have you tried chase recon? I've heard they're decent.

Anyway, its only 1 HP, no big deal. Have you tried applying for other cards? Also, you really shouldn't app anymore until you get utilization <30%, i wasted plenty of HPs on the banks by doing it above 50.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

BlueRenew — Mon, 08 Dec 2014 22:18:22 GMT

@Anonymous wrote:
Have you tried chase recon? I've heard they're decent.

Anyway, its only 1 HP, no big deal. Have you tried applying for other cards? Also, you really shouldn't app anymore until you get utilization <30%, i wasted plenty of HPs on the banks by doing it above 50.

I was also denied, but for a different reason(baddies). The analyst I spoke with told me the baddies that were hindering my approval. She said if I take care of those I am as good as approved. Also if they report before the 30 day recon period is up they can just recon it instead of me having to reapply. My point is if you get your utilization taken care of your chances of approval shoot up. If not unfortunately you may just be wasting your time. Expecially after 2 recons.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Anonymous — Mon, 08 Dec 2014 22:21:42 GMT

She included in her post that she reconned twice. Now she could try again but it's not like she didn't try at all.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Anonymous — Mon, 08 Dec 2014 22:23:18 GMT

@laurasiew wrote:
Pulled the trigger on Chase Freedom after being pre-approved on their website. Denied after 2 recons for high util (60%) and a recent late in July. So frustrated that I wasted the HP (first one in 2 years)

I'm trying to consolidate a few cards, thinking about applying for Cap One (pre-approved), Barclay or maybe DCU. Not sure which would be better for me. Thoughts?

I agree with the other poster that before applying again you work in getting that utilization down below 30%

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Anonymous — Mon, 08 Dec 2014 22:26:59 GMT

@Anonymous wrote:
She included in her post that she reconned twice. Now she could try again but it's not like she didn't try at all.

10x recon.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

CreditCuriosity — Mon, 08 Dec 2014 22:40:19 GMT

my guess is it is more your utilizatino then the 1 late recently.. Although that doen't help your case... Chase's pre-quals are usually 99% golden usually.. Get your utilization down to 30% this month and recon within that period and possibly you might get it..

Re: Chase Freedom Pre-Approved then DENIED. UGH!

boogiesaveslives — Mon, 08 Dec 2014 22:46:18 GMT

Update:

They told me by balances were high and I was wrong about my util, it's actually at 30% according to Credit Karma.

I might try to recon again. The last CSR sounded like he didn't want to be bothered today.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Anonymous — Mon, 08 Dec 2014 22:48:26 GMT

@laurasiew wrote:
Update:

They told me by balances were high and I was wrong about my util, it's actually at 30% according to Credit Karma.

I might try to recon again. The last CSR sounded like he didn't want to be bothered today.

Just hang up and call again if you don't get the answer you want. The worst they can say is no, or automatically redirect your calls to fraud.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

boogiesaveslives — Mon, 08 Dec 2014 22:49:17 GMT

@Anonymous wrote:
@Anonymous wrote:
She included in her post that she reconned twice. Now she could try again but it's not like she didn't try at all.
10x recon.

LOL! Ok! I really don't want to apply for another inq and suffer more HP's.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Anonymous — Mon, 08 Dec 2014 22:52:39 GMT

@laurasiew wrote:
@Anonymous wrote:
@Anonymous wrote:
She included in her post that she reconned twice. Now she could try again but it's not like she didn't try at all.
10x recon.
LOL! Ok! I really don't want to apply for another inq and suffer more HP's.

Listen to him. He gets approved because he calls them so often they do it just to get rid of him :-)

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Creditaddict — Mon, 08 Dec 2014 22:52:55 GMT

you are first in a very long time to be denied after pre-approved for a chase... I would recon again.

im betting it's the recent late that got you kicked out of an auto approval and then when they start looking closer they are not liking utilization because you were late with 30% util. why give you more credit... i could be reading into it to much but that is a very recent late and that probably dropped your score 20+ points when it happened.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

boogiesaveslives — Mon, 08 Dec 2014 23:34:55 GMT

UPDATE: Recon #3. The CSR was very sweet and when I mentioned the pre-approval she sounded surprised and said she didn't see it on her side. I'm thinking that maybe I didn't click the right link when I applied. Grrrr!

I tried the pre-qual site again and I still qualify for the Freedom and Slate.

Going to try to recon again and try to work the pre-qual angle Wish me luck!

Do you think I could reapply?

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Creditaddict — Mon, 08 Dec 2014 23:36:15 GMT

@laurasiew wrote:
UPDATE: Recon #3. The CSR was very sweet and when I mentioned the pre-approval she sounded surprised and said she didn't see it on her side. I'm thinking that maybe I didn't click the right link when I applied. Grrrr!

I tried the pre-qual site again and I still qualify for the Freedom and Slate.

Going to try to recon again and try to work the pre-qual angle Wish me luck!

Do you think I could reapply?

I'd apply for Slate!

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Anonymous — Mon, 08 Dec 2014 23:38:06 GMT

@CA, Whats more useless than a $500 Freedom?

Answer: A $500 Slate.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Creditaddict — Mon, 08 Dec 2014 23:38:40 GMT

@Anonymous wrote:
@Anonymous, Whats more useless than a $500 Freedom?

Answer: A $500 Slate.

but it gets you in the door!!

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Anonymous — Mon, 08 Dec 2014 23:41:46 GMT

I guess, lol.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

CreditCuriosity — Mon, 08 Dec 2014 23:55:41 GMT

Slate what a worthless card unless you have any balance. Freedom/Slate should have the same U/W standards.. I could get that now, but rather have a bullet in my head, I guess I could transfer the limit over to my freedom, but ill wait a few months and do the CSP or AARP.

Re: Chase Freedom Pre-Approved then DENIED. UGH!

Creditaddict — Mon, 08 Dec 2014 23:56:26 GMT

Love my AARP!!!

Re: Chase Freedom Pre-Approved then DENIED. UGH!

CreditCuriosity — Mon, 08 Dec 2014 23:57:55 GMT

Slate != AARP LOL..