topic Re: SCORE NEEDED FOR CHASE SLATE in Credit Cards

SCORE NEEDED FOR CHASE SLATE

Anonymous — Tue, 06 Mar 2018 18:09:18 GMT

I saw that they pull EX fico 8?

what the score you were approve for it?

thanks

Re: SCORE NEEDED FOR CHASE SLATE

gdale6 — Tue, 06 Mar 2018 21:50:40 GMT

You might want to consult the creditpulls database.

Re: SCORE NEEDED FOR CHASE SLATE

Anonymous — Tue, 06 Mar 2018 22:33:43 GMT

@gdale6You might want to consult the creditpulls database.

Agreed.

Remember, it isn't always just about score. There are deal-breakers depending on lender. A common one with Chase is the 5/24 rule, where people that are under 5/24 with a 650 score may be approved for the Slate, where me with an 840 score may not because I'm at or above 5/24. If you consult the credit pulls database as suggested above, you'll often find comments to the right that let you know more about the person's profile that was approved/denied aside from just their score.

Re: SCORE NEEDED FOR CHASE SLATE

expatCanuck — Wed, 07 Mar 2018 01:10:33 GMT

@Anonymouswrote:
@gdale6You might want to consult the creditpulls database.
Agreed.

Remember, it isn't always just about score. There are deal-breakers depending on lender. A common one with Chase is the 5/24 rule, where people that are under 5/24 with a 650 score may be approved for the Slate, where me with an 840 score may not because I'm at or above 5/24. If you consult the credit pulls database as suggested above, you'll often find comments to the right that let you know more about the person's profile that was approved/denied aside from just their score.

Fo' shizzle. For example, because of my December 4-card spree, Cap One won't even look at me right now.

Re: SCORE NEEDED FOR CHASE SLATE

Anonymous — Wed, 07 Mar 2018 01:11:19 GMT

What is the 5/24 rule?

Re: SCORE NEEDED FOR CHASE SLATE

expatCanuck — Wed, 07 Mar 2018 02:38:22 GMT

If you have opened 5 or more new credit cards in the past 24 months (from any issuing bank), you will not be approved for a new credit card from Chase.

Re: SCORE NEEDED FOR CHASE SLATE

Anonymous — Wed, 07 Mar 2018 09:24:51 GMT

It's worth noting 5/24 doesn't apply to every single chase cards, just their main lineup (non-cobranded cards: Sapphire, Freedom, Ink, and Slate cards) and some of their cobranded cards (Marriott [personal, but apparently the business version is exempt], United, and Southwest [for these 2 airlines, the personal and business cards are subject to 5/24]).

All other Chase cards should be unaffected, including the Amazon, Disney, AARP cards, and the rest...although I was denied on the Amazon card for too many recent open accounts/too many requests for credit, so...just cuz a card isn't 5/24 doesn't mean you won't be denied for a similar reason, it's still up to the discretion of the people reviewing your application and credit profile.

Re: SCORE NEEDED FOR CHASE SLATE

Anonymous — Fri, 09 Mar 2018 07:01:45 GMT

does a 650 EQ score & 660 EX score get you a slate with 5000 limit or have to start fresh. Less than 5/24 now.

Re: SCORE NEEDED FOR CHASE SLATE

Anonymous — Fri, 09 Mar 2018 14:26:35 GMT

Again, it's not just about score. Two people with 650-660 scores can have wildly different profiles... one that Chase likes and one that Chase hates.

Re: SCORE NEEDED FOR CHASE SLATE

Anonymous — Fri, 09 Mar 2018 14:47:21 GMT

Does being on Chase's blacklist from 4 years ago have any bearing on approval? i was bad on their ChexSys Early warning.

Also have 3 inquiries in last 2 years for REVOLVING ACCOUNTS only and 3 for Auto inquiry.

I want to believe in applying 5/24 rule that only revolving accounts matter.

Re: SCORE NEEDED FOR CHASE SLATE

expatCanuck — Fri, 09 Mar 2018 17:04:05 GMT

@Anonymouswrote:

Does being on Chase's blacklist from 4 years ago have any bearing on approval? i was bad on their ChexSys Early warning.
Also have 3 inquiries in last 2 years for REVOLVING ACCOUNTS only and 3 for Auto inquiry.
I want to believe in applying 5/24 rule that only revolving accounts matter.

> Does being on Chase's blacklist from 4 years ago have any bearing on approval?

Common sense suggests that it does.

> I want to believe in applying 5/24 rule that only revolving accounts matter.

All online articles that I've read state that the '5' in 5/24 refers only to credit cards.

And one article stated that Chase's system will count AU cards.

Re: SCORE NEEDED FOR CHASE SLATE

Anonymous — Fri, 09 Mar 2018 19:35:38 GMT

Apparently they do count authorized user accounts, but there are reports from people, including the credit shifu, that you can call the reconsideration line and explain that so many of the accts are AU accounts and they'll often reconsider that and won't count those against your 5/24

Re: SCORE NEEDED FOR CHASE SLATE

Anonymous — Sat, 28 Apr 2018 22:14:33 GMT

Yes

Re: SCORE NEEDED FOR CHASE SLATE

Brian_Earl_Spilner — Sat, 28 Apr 2018 22:29:05 GMT

Slate and freedom can be approved down to fair credit depending on the circumstances. Ive even seen someone in the high 500s get approved.

Re: SCORE NEEDED FOR CHASE SLATE

Anonymous — Sat, 28 Apr 2018 22:39:11 GMT

727