topic Re: Chase Pre Qual UGH in Credit Card Applications

Chase Pre Qual UGH

myhomenow — Sat, 31 Oct 2015 15:11:14 GMT

I had been in the garden for just about a year but had been waiting for the Chase Pre Qual and finally got the Freedom and Slate. I had Chase close an account on me in 2010 but I brought it current and paid it in full in 2014. I just app'd and got the "your response needs further review before making a decison." UGH!

Is it possible that it is because my old card was in my nickname and I applied with my full name?? eg; Elizabeth versus Betty???? Or am I toast and wasted a hard pull??

my scores are Fico 8; EQ 701, TU 703, EX 714... i have somewhat high utilization..... ugh ugh ugh

Re: Chase Pre Qual UGH

jesseh — Sat, 31 Oct 2015 15:27:33 GMT

What timeframe did it give for a response?

For your app status, you can call CS (800) 346-5538 wait press 1-3-1 enterssn

Re: Chase Pre Qual UGH

myhomenow — Sat, 31 Oct 2015 15:40:22 GMT

It said "our goal is to notify you in writing within 10 days, but could take up to 30.." I just called and it said "you application is under review and you will be notified in 7-10 days" ugh I'm assuming that is a denial.... lesson learned... back to the garden until 10/16...

Re: Chase Pre Qual UGH

Jerry45 — Sat, 31 Oct 2015 15:52:17 GMT

Sorry to hear that. Usually their pre qual is gold. It could still be a idenity problem though.

I myself, feel that companies should not pre qual those they want to blackball over past accounts. does not seem fair. Good Luck

Re: Chase Pre Qual UGH

CreditCuriosity — Sat, 31 Oct 2015 16:11:10 GMT

Automated phone 7-10 days usually isn't a good thing, but still can yield an approval possibly. You didnt have any CB's froozen correct? Also you haven't opened more than 5 cards in the last 2 years correct? (or that is an auto denial for the freedom/slate/csp). Applying with high utilization isn't typically a good thing to do either. Your scores are fine though for any of the Chase cards. Wishing you luck on the approval!

Re: Chase Pre Qual UGH

Jerry45 — Sat, 31 Oct 2015 16:12:50 GMT

@CreditCuriousity wrote:
Automated phone 7-10 days usually isn't a good thing, but still can yield an approval possibly. You didnt have any CB's froozen correct? Also you haven't opened more than 5 cards in the last 2 years correct? (or that is an auto denial for the freedom/slate/csp). Applying with high utilization isn't typically a good thing to do either. Your scores are fine though for any of the Chase cards. Wishing you luck on the approval!

Spot on CC. I forgot about the 5 account in 2 years trap at Chase.

Re: Chase Pre Qual UGH

myhomenow — Sat, 31 Oct 2015 16:24:16 GMT

No frozen CB's... and yes I opened a bunch last October.. add the numb skull... for the trifecta of what not to do when trying for Chase...

Although a word of caution to others I tried the pre-qual link for my 21 yr old son who is a student with no credit history and a part time job and got pre qualified for the same (freedom and slate). I didn't go all the way through... I figured he really didn't have a shot.. but he does have an checking account with them.

Re: Chase Pre Qual UGH

Jerry45 — Sat, 31 Oct 2015 16:22:23 GMT

@myhomenow wrote:
No frozen CB's... just a numb skull...

Although a word of caution to others I tried the pre-qual link for my 21 yr old son who is a student with no credit history and a part time job and got pre qualified for the same (freedom and slate). I didn't go all the way through... I figured he really didn't have a shot.. but he does have an checking account with them.

Interesting

Re: Chase Pre Qual UGH

Jerry45 — Sat, 31 Oct 2015 16:23:31 GMT

You are not a numbskull. These things happen. Barclay's did it to me, and I was pissed. Hopefully it will only be a single HP.

Re: Chase Pre Qual UGH

myhomenow — Sat, 31 Oct 2015 16:38:08 GMT

Thanks... to round it out.. In NY they pulled TU which before today had ZERO inquiries.

Re: Chase Pre Qual UGH

CreditCuriosity — Sat, 31 Oct 2015 16:47:12 GMT

@myhomenow wrote:
No frozen CB's... and yes I opened a bunch last October.. add the numb skull... for the trifecta of what not to do when trying for Chase...

Although a word of caution to others I tried the pre-qual link for my 21 yr old son who is a student with no credit history and a part time job and got pre qualified for the same (freedom and slate). I didn't go all the way through... I figured he really didn't have a shot.. but he does have an checking account with them.

Bold is what killed you.. Wish you would of known about the 5x24 rule prior to applying.. Hopefully they only hit you with 1 HP.. Least you know better now.. You can go for their co-branded chase cards though if those interest you such as AARP, Marriot, IGH, etc. as they don't have that dumb rule of 5x24.

Re: Chase Pre Qual UGH

myhomenow — Sat, 31 Oct 2015 16:52:11 GMT

Seems that way...I thought I had it all lined up when I app'd, was excited to finally get the pre qual.. I missed the 5/24. Out of curiosity, if I went with the cobranded, say Southwest, would it be a new HP??

Re: Chase Pre Qual UGH

CreditCuriosity — Sat, 31 Oct 2015 16:57:09 GMT

@myhomenow wrote:
Seems that way...I thought I had it all lined up when I app'd, was excited to finally get the pre qual.. I missed the 5/24. Out of curiosity, if I went with the cobranded, say Southwest, would it be a new HP??

It could be the same HP or possibly a new one.. Usually the CSP/Freedom/Slate use HP TU for whatever reason(probably cause the pre-qual site uses TU for SP'ing you as I noticed when I got my two Pre-qual chase cards) for alot of people including myself when I was approved last year.. Co-Branded seem to go more after EXP/EQ though.. So it could go either way, but I rarely see a co-branded card that uses TU for approval.. So I would expect another HP against another CRA if you go after a co-branded card.. Hope this helps with you decision to try or not.

Re: Chase Pre Qual UGH

myhomenow — Sat, 31 Oct 2015 17:04:05 GMT

@CreditCuriousity wrote:
@myhomenow wrote:
Seems that way...I thought I had it all lined up when I app'd, was excited to finally get the pre qual.. I missed the 5/24. Out of curiosity, if I went with the cobranded, say Southwest, would it be a new HP??
It could be the same HP or possibly a new one.. Usually the CSP/Freedom/Slate use HP TU for whatever reason(probably cause the pre-qual site uses TU for SP'ing you as I noticed when I got my two Pre-qual chase cards) for alot of people including myself when I was approved last year.. Co-Branded seem to go more after EXP/EQ though.. So it could go either way, but I rarely see a co-branded card that uses TU for approval.. So I would expect another HP against another CRA if you go after a co-branded card.. Hope this helps with you decision to try or not.

Thanks for the advice... I am going to head back to the garden until my util is down and my scores are closer to my goal (740). Hopefully my morning experience serves as good advice for others...

Re: Chase Pre Qual UGH

Jerry45 — Sat, 31 Oct 2015 20:28:55 GMT

It is kind of strange. After months of no pre quals at Chase, the finally came back this month after one of my open accounts aged past 2 years.

Just seems unfair, that they would even pre qual people who are in the 5/24 trap, to begin with.

Re: Chase Pre Qual UGH

elim — Sat, 31 Oct 2015 20:43:03 GMT

@Jerry45 wrote:
It is kind of strange. After months of no pre quals at Chase, the finally came back this month after one of my open accounts aged past 2 years.

Just seems unfair, that they would even pre qual people who are in the 5/24 trap, to begin with.

I still get nothing (7 months now without a prequal).

We are unable to locate any offers for you at this time.

This may be because you have opted out of "prescreened" offers from Chase and other companies or you have recently responded to another offer from Chase.

However, we may still have products to meet your needs. Please continue to Chase.com.

Re: Chase Pre Qual UGH

Jerry45 — Sun, 01 Nov 2015 19:27:39 GMT

I had the same screen Elim, until my 5th account aged past 2 years.

Re: Chase Pre Qual UGH

Anonymous — Sun, 01 Nov 2015 20:04:22 GMT

OP, I would still call on Monday and ask for a review (if it was declined and is not simply being held for identity review), you might get lucky and get approved. You already got the HP, might as well give it a shot and hope to get something out of it!

Re: Chase Pre Qual UGH

myhomenow — Sun, 01 Nov 2015 22:24:40 GMT

@Anonymous wrote:
OP, I would still call on Monday and ask for a review (if it was declined and is not simply being held for identity review), you might get lucky and get approved. You already got the HP, might as well give it a shot and hope to get something out of it!

Probably a good idea.. since it turns out it was a double HP TU and EX it cost me a point there.Thanks!

Re: Chase Pre Qual UGH

Anonymous — Mon, 02 Nov 2015 01:15:30 GMT

Sorry to hear op but one hp, no biggie. We all live and learn in this credit journey.

I too dislike how finally after almost two years, i am now getting prequals for slate and freedom, and the past two weeks, ive been bombarded by chase with actual mail prequals as well. Unfortunately, ive opened up about 10 accts in two years, but it seems once those aged past one year, i now get prequal'd. (Only one new acct in past 10 months).

Ill admit, more than once ive almost apped. Only 3/10 of those new accts were actual cc's, the rest store cards. And them bombarding me with mail is too tempting. Esp after waiting all this time for prequals, because of all the posts ive read here in the past couple of years saying "chase prequal is spot on," etc... Lol oh well! I intend to wait until the rule has changed, my accts have aged, or i lose patience and just decide to waste an inquiry.