topic Re: CSP declined but Freedom approved in Credit Cards

CSP declined but Freedom approved

Teisanualex20 — Sun, 05 Jul 2015 05:16:55 GMT

About 2 months ago I applied online for the CSP. i was declined even after recon because my util (49%). a week ago i apped again this time for freedom. denied at first, called the recon and approved for $2500.

I would love to get the csp as well. What do you think ? Is it to early to try again?

Re: CSP declined but Freedom approved

OmarGB9 — Sun, 05 Jul 2015 05:20:41 GMT

I think it is still a little too early. But it's hard to say. Do you have a lot of inq? Scores? How's your util now?

Re: CSP declined but Freedom approved

Teisanualex20 — Sun, 05 Jul 2015 05:23:28 GMT

My util is abou 46% now. 7 inq on transunion, 2 on exp. Fico 656 Eqx, 670 TU, 665 Exp

Re: CSP declined but Freedom approved

Anonymous — Sun, 05 Jul 2015 05:26:04 GMT

I would say use that Freedom responsibly for another 6 months ($2500 is a nice limit anyway). Given that chase previously declined you, I'd say show them some reponsibility with the freedom (hopefully get a CLI or two!) and then app for the CSP.

That said, the CSP is a really cool card and I really really wanted to have it at a point (I let 6 months cut on the freedom and got the CSP). Best of luck with whatever you chose to do

Re: CSP declined but Freedom approved

Anonymous — Sun, 05 Jul 2015 05:26:54 GMT

Definitely wait, your scores are on the lower end for the CSP, let a few months go by and get those scores up!)

Re: CSP declined but Freedom approved

Teisanualex20 — Sun, 05 Jul 2015 05:27:36 GMT

I'll probably wait 6 months...thank you!

Re: CSP declined but Freedom approved

Anonymous — Sun, 05 Jul 2015 11:04:02 GMT

Definition wait. Get your UTI down below 20% or more. Use the Freedom and try and PIF or carry a small balance. Than in a few months, check the Chase prequalified webpage. Hopefully you'll see the CSP come up.

Re: CSP declined but Freedom approved

kdm31091 — Sun, 05 Jul 2015 14:24:01 GMT

It's early. Use your Freedom responsibly for 6 months or so. This way you're showing a good history with them. Then the CSP should be attainable, provided you don't have 5 new accounts in 2 years (so really, 4 besides the Freedom), because that is their new policy.

Re: CSP declined but Freedom approved

SOGGIE — Sun, 05 Jul 2015 15:03:30 GMT

@Anonymous wrote:
Definition wait. Get your UTI down below 20% or more. Use the Freedom and try and PIF or carry a small balance. Than in a few months, check the Chase prequalified webpage. Hopefully you'll see the CSP come up.

+1 ... And congrats on the recon approval!

Re: CSP declined but Freedom approved

Anonymous — Sun, 05 Jul 2015 15:48:17 GMT

Get the utl down and apply the next month. Girlfriend did the same thing. Approved when she tried a month later.

Re: CSP declined but Freedom approved

Teisanualex20 — Sun, 05 Jul 2015 15:50:54 GMT

How is her score?