topic Re: chase cli in Credit Cards

chase cli

Anonymous — Mon, 09 Mar 2009 23:18:36 GMT

i got turned down for a cli from chase! requested a recon! my util. rates on my cc's is about 50%! should i have requested while i had my WAMU??

Re: chase cli

PayingTheBills — Mon, 09 Mar 2009 23:22:03 GMT

you should have requested a CLI after reducing your util to 9% or less.

Re: chase cli

Anonymous — Tue, 10 Mar 2009 01:27:45 GMT

How do you know if the OP was utilizing 9 percent of the limit?

Re: chase cli

PayingTheBills — Tue, 10 Mar 2009 01:44:04 GMT

he said his util is about 50%. I suggested he should have reduced his util to 9% or less before asking for a CLI.

Re: chase cli

Anonymous — Tue, 10 Mar 2009 12:00:05 GMT

I just had a long conversation with Chase about exactly the same thing. I think they really wanted to give me a CLI and I appreciated it that they took the time to ask questinos and consider it carefully, although ultimately I was denied.

She told me to get my util. down to 30%, maybe 40% and try again. It is at 60% now and she quoted that as being the problem. I hope this helps someone else.

Re: chase cli

itsjustmeibe — Tue, 10 Mar 2009 12:06:27 GMT

@Anonymous wrote:
I just had a long conversation with Chase about exactly the same thing. I think they really wanted to give me a CLI and I appreciated it that they took the time to ask questinos and consider it carefully, although ultimately I was denied.

She told me to get my util. down to 30%, maybe 40% and try again. It is at 60% now and she quoted that as being the problem. I hope this helps someone else.

Are you talking about your overall util, or your util with Chase?

Message Edited by itsjustmeibe on 03-10-2009 05:06 AM

Re: chase cli

Anonymous — Tue, 10 Mar 2009 12:30:56 GMT

Overall.

My util. with Chase is probably like 90% and they still carefully considered giving me a CLI. I told them I'd like to do balance transfers to Chase and I'd need more room to do that. They understood and gave it a shot. I owe a lot to many cards, though. If I were Chase, I might not give me a CLI, either. LOL. Not that I'm not good for it; I most definitely am, and I said so. But they have guidelines and I understand.