topic Re: Chase Exposure & Income input... in Credit Cards

Chase Exposure & Income input...

My_Fako — Mon, 09 Apr 2018 21:12:39 GMT

Please post you exposure and income with Chase.

I've been debating... on trying for one of thier core products... Either FU or CSR. Worried about exposure though.

Marriott 15k
Hyatt 18k
IHG 5.6k

Total $38.6K
Income: 88k

Re: Chase Exposure & Income input...

Anonymous — Mon, 09 Apr 2018 21:24:32 GMT

CSP 19K

Freedom 10K

Income 114K

Re: Chase Exposure & Income input...

CreditCuriosity — Mon, 09 Apr 2018 22:10:47 GMT

historically Chase will lend about 40% of ones income to their credit card although as always individuals results vary based on other factors. There has been DP's of this in the past being fairly accurate.

Re: Chase Exposure & Income input...

simplynoir — Mon, 09 Apr 2018 22:19:12 GMT

Doesn't Chase reallocate limits when approving cards but you're at max exposure?

Re: Chase Exposure & Income input...

minski — Mon, 09 Apr 2018 23:26:15 GMT

@CreditCuriosity wrote:
historically Chase will lend about 40% of ones income to their credit card although as always individuals results vary based on other factors. There has been DP's of this in the past being fairly accurate.

I'd wondered whether this was the reason why I wasn't getting any green check marks at 6 months after my last Chase app. Between my Chase Freedom and Chase IHG, I am at slightly > 40% of my income. I've been thinking of asking for a CLD but with the changes in the Chase IHG, I may end up just closing that card.

Re: Chase Exposure & Income input...

K-in-Boston — Tue, 10 Apr 2018 00:19:00 GMT

Income in the lower 200s. My limits on 3 total cards are $19,700 (around 9%). DW's limits on 2 total cards are $46,400 (around 21%).

Re: Chase Exposure & Income input...

Gmood1 — Tue, 10 Apr 2018 00:22:55 GMT

I'm at 50% of stated income with Chase. Amex is over 75% .

Re: Chase Exposure & Income input...

Mahraja — Tue, 10 Apr 2018 00:50:20 GMT

stop worrying fako you are fine keep using the products pay on time and apply for the FU or whichever you like and leave the rest to the bank ...

Re: Chase Exposure & Income input...

UpperNwGuy — Tue, 10 Apr 2018 02:10:13 GMT

The combined credit limits of my two Chase cards are 49% of my stated income. I never get green check marks on the Chase website, and I suspect it is because Chase doesn't want to extend credit that would exceed 50% of my income.

Re: Chase Exposure & Income input...

pipeguy — Tue, 10 Apr 2018 02:43:46 GMT

I have 3 Chase cards, Freedom UL, Amazon and AARP the last two are my lowest limit cards at $6k and $5K. I use all three cards on a regular basis but not that much as far as monthly dollar volume. My Chase exposure is less than 15% of my income and note I pay in full every month and never come close to using the full credit lines.

Perhaps its because I have a hair under $400k in open credit card lines and the DW has in excess of $200k available on her cards (utility runs under 10% - most 0% promotions), I don't know and frankly, most of my card swipe go to those companies that treat me the best as far as credit lines, APR's, BT offers, etc - Chase doesn't fit that picture at least for me.

Re: Chase Exposure & Income input...

chaos51 — Tue, 10 Apr 2018 02:47:11 GMT

Ritz: $28,500

Hyatt: $5,000

(moved $14,000 from Hyatt to Ritz)

Income: $95k ish

Re: Chase Exposure & Income input...

credit_is_crack — Tue, 10 Apr 2018 02:52:00 GMT

I have 4 cards with them

-$15,500 Amazon (2015)
-$25,000 CSR (2016)
-$20,000 Ritz (2016)
-$5,000 Marriott Biz (2018)

Total $65,500
67% of my income

Re: Chase Exposure & Income input...

Anonymous — Tue, 10 Apr 2018 04:10:07 GMT

Income: $33,000
Personal cards: $15,800
Business cards: $6,500
Total exposure: $ 22,300

Re: Chase Exposure & Income input...

iwazl71 — Tue, 10 Apr 2018 04:27:15 GMT

4 personal Chase cards: 75K

3 Business Chase cards: 25K

Income: 200K

50% exposure to income

Re: Chase Exposure & Income input...

Anonymous — Wed, 11 Apr 2018 14:12:54 GMT

@CreditCuriosity wrote:
historically Chase will lend about 40% of ones income to their credit card although as always individuals results vary based on other factors. There has been DP's of this in the past being fairly accurate.

I need to dig into this.

I am barely at 10.5% of income.

Freedom: 10k

CSR: 16k

Re: Chase Exposure & Income input...

marypoppins70 — Wed, 11 Apr 2018 15:04:44 GMT

Income $221,000

Chase United - $25,000

Freedom - $4,800

Slate - $1,200

Sapphire Preferred - $25,000

Amazon Prime - $3,500

Disney - $12,200

Re: Chase Exposure & Income input...

355F1 — Wed, 11 Apr 2018 17:19:04 GMT

Personal: $45k
Business: $39k

Income: $202k

Re: Chase Exposure & Income input...

Dave4fun — Wed, 11 Apr 2018 19:46:02 GMT

Marriott VS $26K

Freedom VS $17.5K

Income $120K

I guess I'm good on exposure...rumour is a new hotel SPG/Marriott card, or something like that is coming soon. If it looks good, I will go for it.

Re: Chase Exposure & Income input...

Anonymous — Sat, 14 Apr 2018 10:28:57 GMT

@UpperNwGuy wrote:
The combined credit limits of my two Chase cards are 49% of my stated income. I never get green check marks on the Chase website, and I suspect it is because Chase doesn't want to extend credit that would exceed 50% of my income.

What are " green check marks" on the website? I have 2 chase cards and don't think I have ever noticed anything like that either.

Re: Chase Exposure & Income input...

UpperNwGuy — Sat, 14 Apr 2018 11:39:45 GMT

@Anonymous wrote:
@UpperNwGuy wrote:
The combined credit limits of my two Chase cards are 49% of my stated income. I never get green check marks on the Chase website, and I suspect it is because Chase doesn't want to extend credit that would exceed 50% of my income.
What are " green check marks" on the website? I have 2 chase cards and don't think I have ever noticed anything like that either.

Chase puts a green check mark next to offers of credit cards for which you have been pre-approved. There are lengthy discussions about this process on the Doctor of Credit website.