topic Re: Getting back in with Chase question in Credit Cards

Getting back in with Chase question

toothgrind3r — Thu, 18 Aug 2016 21:09:13 GMT

Not sure if this is the right place to post this or not...and I did do a search and found some threads that kind of answer my question, but not completely. (and they were old and didn't allow me to revive it)

Anyway, I burned Chase for about $1500 way back when and it went to collections. Ended up paying collection for less then full amount.

Fast forward to a few months ago, and all my reports are clean, with Chase/Collection the last to fall off of Experian.

Now, I have read that if you are in fact blacklisted by Chase, when applying for a credit card they will NOT pull your report. Before I new any better, I had applied for the Freedom a few years back, and I was obviously denied, but I know that I DID get an inquiry on my Experian report from them.

So would it be safe to say that I am in fact not blacklisted? And now with my scores, clean report, and other cards (good ones too...Amex, Prestige, etc, multiple cards over $20,000 limit), i could have a decent chance getting back in with them?

Basically, I am okay getting denied if they don't like something about my report. But I don't want to waste a HP if they still pull even if I'm blacklisted.

Re: Getting back in with Chase question

Anonymous — Thu, 18 Aug 2016 21:21:26 GMT

I am fairly certain the only issuer who doesn't HP because of the blacklist is Amex.

Unfortunately the only way to know is to app and if denied then wait for the letter.

Re: Getting back in with Chase question

Anonymous — Thu, 18 Aug 2016 21:40:14 GMT

Barclay also did a SP on my application for a card and denied be due to including one of their cards in a chapter 7. I had called for possible recon, and the CS agent told me the reason and informed me that a hard pull was not done due to this.

Re: Getting back in with Chase question

Pway — Thu, 18 Aug 2016 21:55:36 GMT

Chase has a long internal memory as well. Just becaus it is off your reports does not mean they have erased it from their books. I am not saying that you would or would not get approved but just remember that they have it noted that your account was in collections and you paid it. If you are denied you could try and recon, it does not hurt.

Re: Getting back in with Chase question

toothgrind3r — Thu, 18 Aug 2016 22:03:09 GMT

@Pway wrote:
Chase has a long internal memory as well. Just becaus it is off your reports does not mean they have erased it from their books. I am not saying that you would or would not get approved but just remember that they have it noted that your account was in collections and you paid it. If you are denied you could try and recon, it does not hurt.

Of course, I understand that. I am just reading conflicting information on wether or not they will pull your report if they have you in their internal system as burning them. That's the information I'm looking for.

Re: Getting back in with Chase question

creditguy — Thu, 18 Aug 2016 22:31:26 GMT

The problem here is you have conflicting information, and you always will. Some people will swear that Chase will not pull a CR if your Blacklisted while others like myself will say yes they will. The only way to overcome the uncertainty is apply and find out for sure. The main issue I see here is paying the Collection agency less than the full amount. This tells me that Chase wrote off the debt and the money did not go to them, so even though you paid something you still burned Chase. It all comes down to how much you hurt their feelings, they are fairly thin skinned. I'd say if you don't need one of their cards desperately and it doesn't appear as though you do, then just pass on applying with them for a while, If you haven't already, check out their Pre qual page and see if something comes up, that could help sort this out as well, Good Luck with whatever you dedcide to do.

Re: Getting back in with Chase question

toothgrind3r — Thu, 18 Aug 2016 22:49:06 GMT

@creditguy wrote:
The problem here is you have conflicting information, and you always will. Some people will swear that Chase will not pull a CR if your Blacklisted while others like myself will say yes they will. The only way to overcome the uncertainty is apply and find out for sure. The main issue I see here is paying the Collection agency less than the full amount. This tells me that Chase wrote off the debt and the money did not go to them, so even though you paid something you still burned Chase. It all comes down to how much you hurt their feelings, they are fairly thin skinned. I'd say if you don't need one of their cards desperately and it doesn't appear as though you do, then just pass on applying with them for a while, If you haven't already, check out their Pre qual page and see if something comes up, that could help sort this out as well, Good Luck with whatever you dedcide to do.

Yeah, i get it...as with most things related to this board, YMMV applies in this case too.

I have my eye on a couple of their cards...would be really ncie to get, but it wont kill me if I get denied and use a HP for it. I have tried their pre qual page with nothing coming up, but I almost NEVER get anything on any of those pages, except for Capital One. Yet I've still been approved by every other big bank out there.

Re: Getting back in with Chase question

CatOfSpades — Thu, 18 Aug 2016 22:53:24 GMT

Yep, yep. There is no way to tell ahead of time - although you could try cold calling a rep and asking them what they think.

Re: Getting back in with Chase question

Anonymous — Fri, 19 Aug 2016 01:02:47 GMT

Why not just apply and see what happens? No one here will be able to give accurate answers anyway.

Re: Getting back in with Chase question

toothgrind3r — Fri, 19 Aug 2016 02:08:09 GMT

@Anonymous wrote:
Why not just apply and see what happens? No one here will be able to give accurate answers anyway.

Lots of people on this board are very educated when it comes to credit card lenders. Lots of people on this board know a lot more then I do about this stuff.

Lots of people on here can give extremely accurate answers on a lot of credit card topics.

I have seen people say "if there is a hard pull, you're not on their blacklist".

This thread was to see if I could get a little more clarification on that.

I think we've all come to the conclusion that YMMV.

I didn't want to "apply and see what happens"...I wanted to get more information before I apply. At this point in my credit card life I would rather not go throwing hard pulls around willy nilly.

*I edited this post because my reply sounded rude when I wasn't trying to be*

Re: Getting back in with Chase question

Anonymous — Fri, 19 Aug 2016 05:46:15 GMT

@toothgrind3r wrote:
@Anonymous wrote:
Why not just apply and see what happens? No one here will be able to give accurate answers anyway.
Lots of people on this board are very educated when it comes to credit card lenders. Lots of people on this board know a lot more then I do about this stuff.

Lots of people on here can give extremely accurate answers on a lot of credit card topics.

I have seen people say "if there is a hard pull, you're not on their blacklist".
This thread was to see if I could get a little more clarification on that.
I think we've all come to the conclusion that YMMV.
I didn't want to "apply and see what happens"...I wanted to get more information before I apply. At this point in my credit card life I would rather not go throwing hard pulls around willy nilly.

*I edited this post because my reply sounded rude when I wasn't trying to be*

I've cards with all the popular banks mentioned here, above 770 FICO scores, 50 inquiries on each report, and still getting approved for cards like my recent CSR. I think I have credibility when I say no one will be able to give you an accurate answer for the situation you're in. You're just going to have to test with a hard pull to confirm or deny the advice people have given you. And since you're not going to initiate the hardpull because of whatever fear, all the advice given to you so far is pretty much just theory.

Re: Getting back in with Chase question

sjt — Fri, 19 Aug 2016 06:57:56 GMT

@toothgrind3r wrote:
Not sure if this is the right place to post this or not...and I did do a search and found some threads that kind of answer my question, but not completely. (and they were old and didn't allow me to revive it)

Anyway, I burned Chase for about $1500 way back when and it went to collections. Ended up paying collection for less then full amount.

Fast forward to a few months ago, and all my reports are clean, with Chase/Collection the last to fall off of Experian.

Now, I have read that if you are in fact blacklisted by Chase, when applying for a credit card they will NOT pull your report. Before I new any better, I had applied for the Freedom a few years back, and I was obviously denied, but I know that I DID get an inquiry on my Experian report from them.

So would it be safe to say that I am in fact not blacklisted? And now with my scores, clean report, and other cards (good ones too...Amex, Prestige, etc, multiple cards over $20,000 limit), i could have a decent chance getting back in with them?

Basically, I am okay getting denied if they don't like something about my report. But I don't want to waste a HP if they still pull even if I'm blacklisted.

Here are some data points Ive gathered:

YMMV
You are not on the BL if you paid or partially paid.
If Chase took a "hit" it will depend how much of a loss they took and how long its been since the C/O. $1500 is minor.
Chase does have a long memory.
A Chase Analyst having a C/O with them is not a out right denial. They look at the overall credit profile. So if you had a C/O with them they are going to look at factors that will offset that. Credit Established, Payment History, Utilization, The time since your last negative, etc.
A friend had a very large C/O with them. When they applied for a card, they were denied but there was no mention of the charge off in the denial letter
Folks on these boards have reported getting back in with Chase, some with large C/O-five figures.

It seems like you would be a good candidate for a card. Based on the stated cards you have, I would think youre a good candidate for the Sapphire Reserve.

I think you should go ahead and apply.

Keep us posted.

Re: Getting back in with Chase question

toothgrind3r — Fri, 19 Aug 2016 11:54:45 GMT

@Anonymous wrote:
@toothgrind3r wrote:
@Anonymous wrote:
Why not just apply and see what happens? No one here will be able to give accurate answers anyway.
Lots of people on this board are very educated when it comes to credit card lenders. Lots of people on this board know a lot more then I do about this stuff.

Lots of people on here can give extremely accurate answers on a lot of credit card topics.

I have seen people say "if there is a hard pull, you're not on their blacklist".
This thread was to see if I could get a little more clarification on that.
I think we've all come to the conclusion that YMMV.
I didn't want to "apply and see what happens"...I wanted to get more information before I apply. At this point in my credit card life I would rather not go throwing hard pulls around willy nilly.

*I edited this post because my reply sounded rude when I wasn't trying to be*

I've cards with all the popular banks mentioned here, above 770 FICO scores, 50 inquiries on each report, and still getting approved for cards like my recent CSR. I think I have credibility when I say no one will be able to give you an accurate answer for the situation you're in. You're just going to have to test with a hard pull to confirm or deny the advice people have given you. And since you're not going to initiate the hardpull because of whatever fear, all the advice given to you so far is pretty much just theory.

Thank you for not reading a word I said anywhere in this thread. Very helpful.

Re: Getting back in with Chase question

DrZoidberg — Fri, 19 Aug 2016 12:12:10 GMT

You're misusing the term blacklist. Black list is for serious C/O offenders or MS offenders. You're just on the **bleep** list like many have been include myself. They will pull your CR if you apply. It will go to pending and you will have to call. They will bring up the C/O and you will have to explain. Unless it's been a very long time, you might get by without a manual review.

In the end it's s freaking hard pull and not a big deal. And quit being rude to people contributing. You came here to get spoon fed the information there. It's not conflicting, you have to analyze it.

Re: Getting back in with Chase question

kdm31091 — Fri, 19 Aug 2016 12:28:58 GMT

OP I think the wind up is that you'll just have to apply and see what happens. Nobody can really answer this for you.

Re: Getting back in with Chase question

toothgrind3r — Fri, 19 Aug 2016 12:45:56 GMT

@kdm31091 wrote:
OP I think the wind up is that you'll just have to apply and see what happens. Nobody can really answer this for you.

I know, I've come to that conclusion a while ago. What I don't like is getting heat for trying to make an educated decision on credit matters. There are some things in this world that have hard set rules, like the Anex 3x CLI rule for instance. I thought this might be one of those from some of the information I've read here. That's all I was doing here. I relized very early on in this thread that it is a YMMV situation. I apologize for being rude to others.

Thank you.

Re: Getting back in with Chase question

takeshi74 — Fri, 19 Aug 2016 13:11:46 GMT

A hard pull isn't going to have significant impact if your profile is in good shape. Don't just obsess over HP's. Obsess over the major factors. I'm not saying ignore the smaller factors. Certainly consider them.

@toothgrind3r wrote:
There are some things in this world that have hard set rules, like the Anex 3x CLI rule for instance.

Even that's not hard set like you're assuming. Originally requests over 3x were denied. Now they counter offer if one qualifies for less. There was a point where they were denying requests for new accounts prior to 60 days. Then they were approving some requests prior to 60 including some on day of application. Now they seem to be back to 60 days. The $25K/$35K income verification threshold isn't hard set either. Some run into it. Others do not.

Re: Getting back in with Chase question

Anonymous — Sat, 20 Aug 2016 06:33:45 GMT

A few disclaimers about me before I add my input: not a major contributor, long time reader of various posts, mortgage score of 761.

I had my first Chase account in 1991. It was a Chase Manhatten Visa. At the time it had a $1000 limit. By 1996 it had a $7000 credit limit which I maxed, and it made its way into collections. It was sold to a few collection agencies, but avoided and never paid and never went anywhere but a bunch of letters and phone calls. It took about 12 years to get past this, meaning for it it drop off CR.

I was approved for a Washington Mutual Card in 2007 with a 1500 CL. My score probably was in the high 500s at this time. The account was purchased by Chase in 2010. They closed the account. The reason was derogatory remarks on CR.

Fast forward to 2016: approved for CSP with $16000 CL. I called in to verify change of address recently and the CR thanked me for being a long time customer. I had totally forgotten about the WaMu that was closed yet paid in full.

Take the information for what it's worth to you. Just as others have stated each portfolio is unique as the person who created it.

Best in what ever you decide to do!

Re: Getting back in with Chase question

pip3man — Fri, 19 Aug 2016 15:04:03 GMT

Chase has a long ass memory. Whether BL'ed or not, you'll always get HP'ed anytime you apply... simple and short

Re: Getting back in with Chase question

pip3man — Fri, 19 Aug 2016 15:04:32 GMT

Chase has a long a** memory. Whether BL'ed or not, you'll always get HP'ed anytime you apply... simple and short