topic Re: Denied CLI Chase Bank - Suggestions? Please help in Credit Cards

Denied CLI Chase Bank - Suggestions? Please help

glamchick — Wed, 09 Mar 2011 16:59:51 GMT

I received a letter of denial for CLI due to these reasons.

1. credit balances to high

2. 1 late recorded for school loan

Ive read that some people call back door numbers and get the CLI's anyways. Can you advise me on how I can request this?

Thanks.

Re: Denied CLI Chase Bank - Suggestions? Please help

cdtotten — Wed, 09 Mar 2011 18:03:00 GMT

What is your current utilization and when was the late on the school loan and how later (i.e. 30,60,90, 120+)?

Visit this thread: Backdoor Numbers

That will provide the number to call for reconsideration.

Re: Denied CLI Chase Bank - Suggestions? Please help

vish1 — Wed, 09 Mar 2011 18:33:53 GMT

@glamchick wrote:
I received a letter of denial for CLI due to these reasons.

1. credit balances to high
2. 1 late recorded for school loan

Ive read that some people call back door numbers and get the CLI's anyways. Can you advise me on how I can request this?

Thanks.

I have no clue what's going ON. Everyone is talking about backdoor and recon. A million threads talking about getting credit by recon and sometimes 3-4 recons.

Why can't people understand that the computer doesnt understand anything about you and always makes a judgemement based on your credit profile. Unless there is some special case (which looks bad on file than it actually is), people should be working on fixing their profile not looking for recon.

I am sorry if it sounds harsh but, If you already have too much debt, you should be looking at fixing it, not trying to get new credit accounts. In addition to that you should be setting up a plan on how to avoid lates in future. Credit will come to you at its own and at better terms.

Re: Denied CLI Chase Bank - Suggestions? Please help

cdtotten — Wed, 09 Mar 2011 19:00:31 GMT

Vish, no reason to go after the OP. Most likely he is looking for a CLI to lower his util and help his FICO score. Nothing wrong with that. I see absolutely nothing wrong with people recon'ing any decline. You have already wasted the inquiry, why not at least see if you can get something out of it. Does everyone on here that gets declined deserve to be issued new or more credit, absolutely not, but for every 1 person who is legitimately denied, there is someone who was denied for something that can be explained away during a recon.

That being said, I asked him what his current util is and when the late was to get a better feel for his credit situation.

OP - If your util is at 40%+, then the likelyhood of a CLI is extremely low. If you have high util with Chase, you can almost rule a CLI out completely. Ironically, the best time to apply for a CLI is when you have a 0 balance. A recent late will almost always exclude you from a CLI as well.

Re: Denied CLI Chase Bank - Suggestions? Please help

vish1 — Wed, 09 Mar 2011 19:07:26 GMT

@cdtotten wrote:
Vish, no reason to go after the OP. Most likely he is looking for a CLI to lower his util and help his FICO score. Nothing wrong with that. I see absolutely nothing wrong with people recon'ing any decline. You have already wasted the inquiry, why not at least see if you can get something out of it. Does everyone on here that gets declined deserve to be issued new or more credit, absolutely not, but for every 1 person who is legitimately denied, there is someone who was denied for something that can be explained away during a recon.

That being said, I asked him what his current util is and when the late was to get a better feel for his credit situation.

OP - If your util is at 40%+, then the likelyhood of a CLI is extremely low. If you have high util with Chase, you can almost rule a CLI out completely. Ironically, the best time to apply for a CLI is when you have a 0 balance. A recent late will almost always exclude you from a CLI as well.

I am not against recon/backdoor or anything. I mentioned that there may be legitimate reasons to do that (I absolutely understand sometimes papers don't give the right picture). All I am trying to indicate is that for last few days, this is becoming more of a trend on the forums. Everytime someone is declined whole lot of other members encourage them for recon using backdoor. I am trying to say this is not the right trend. People should work on their credit instead of finding shortcuts. I repeat it may be fair to use shortcuts at times coz of legitimate reasons, but they should not become the way to get credit.

I have read posts here where people were declined, then declinced on recon and eventually got credit after multiple recons. I am against those kind of tactics becoming everyday things.

Re: Denied CLI Chase Bank - Suggestions? Please help

glamchick — Wed, 09 Mar 2011 19:22:26 GMT

You're right Vish! Thank you for the negativity. Why should I even bother trying to fix my credit at all. I mean its not like I LOST my job and am trying to fix things now!

And yes you are correct I am trying to get my utizliation up so I can apply for more CLI's. I am just trying to understand how this all works. And thats why we are all here to ask questions and to help each other out.

I have read where people get there CLI's raised even after being denied. Some people just need a little boost sometimes..........

Re: Denied CLI Chase Bank - Suggestions? Please help

Anonymous — Wed, 09 Mar 2011 20:59:58 GMT

@vish1 wrote:

I am not against recon/backdoor or anything. I mentioned that there may be legitimate reasons to do that (I absolutely understand sometimes papers don't give the right picture). All I am trying to indicate is that for last few days, this is becoming more of a trend on the forums. Everytime someone is declined whole lot of other members encourage them for recon using backdoor. I am trying to say this is not the right trend. People should work on their credit instead of finding shortcuts. I repeat it may be fair to use shortcuts at times coz of legitimate reasons, but they should not become the way to get credit.

I have read posts here where people were declined, then declinced on recon and eventually got credit after multiple recons. I am against those kind of tactics becoming everyday things.

Actually, reconning denials (even in the most hopeless situations) isn't nearly a new, nor an increased trend that I can tell. The conventional wisdom has pretty much always been, 'if at first you don't succeed, hang-up and dial again!' The 'why' is pretty simple-- you've already taken a hit for the INQ, you might as well get your money's worth. For the most part, a reasonable recon attempt(s) is harmless. It only becomes detrimental to the prospective borrower if it results in more harm to their credit scores, or AA for drawing unwanted attention to blemishes on their credit reports-- AKA when the LUV button suddenly turns into a "CLD" button. Or, if you become so single-mindedly determined to extract a CLI/APR reduction/fee waiver/product change, etc... out of an unwilling lender that you blindly, and without consideration for the big picture, rashly take AA against yourself (rash actions that you'll regret five minutes after having made them).

But, I think I get the gist of what you're saying, what we generally always encourage: smart/strategic apping (for new credit, and changes to existing accounts). It is a good idea to get the duckies lined up in a row, and to get to know your 'prey' before poking at them. Wanting, isn't always a good reason for getting, and patience is, indeed a virtue. There's little value in taking risks, at inopportune times, when the potential payoff is highly unlikely. The risk of triggering AA can be high for some recon attempts, not just for the evil bank that you're poking at, but when the others get wind that you're seeking credit (or more credit).

So, reconners, beware & be wise!

Re: Denied CLI Chase Bank - Suggestions? Please help

vish1 — Wed, 09 Mar 2011 21:13:09 GMT

@Anonymous wrote:
@vish1 wrote:

I am not against recon/backdoor or anything. I mentioned that there may be legitimate reasons to do that (I absolutely understand sometimes papers don't give the right picture). All I am trying to indicate is that for last few days, this is becoming more of a trend on the forums. Everytime someone is declined whole lot of other members encourage them for recon using backdoor. I am trying to say this is not the right trend. People should work on their credit instead of finding shortcuts. I repeat it may be fair to use shortcuts at times coz of legitimate reasons, but they should not become the way to get credit.

I have read posts here where people were declined, then declinced on recon and eventually got credit after multiple recons. I am against those kind of tactics becoming everyday things.
Actually, reconning denials (even in the most hopeless situations) isn't nearly a new, nor an increased trend that I can tell. The conventional wisdom has pretty much always been, 'if at first you don't succeed, hang-up and dial again!' The 'why' is pretty simple-- you've already taken a hit for the INQ, you might as well get your money's worth. For the most part, a reasonable recon attempt(s) is harmless. It only becomes detrimental to the prospective borrower if it results in more harm to their credit scores, or AA for drawing unwanted attention to blemishes on their credit reports-- AKA when the LUV button suddenly turns into a "CLD" button. Or, if you become so single-mindedly determined to extract a CLI/APR reduction/fee waiver/product change, etc... out of an unwilling lender that you blindly, and without consideration for the big picture, rashly take AA against yourself (rash actions that you'll regret five minutes after having made them).

But, I think I get the gist of what you're saying, what we generally always encourage: smart/strategic apping (for new credit, and changes to existing accounts). It is a good idea to get the duckies lined up in a row, and to get to know your 'prey' before poking at them. Wanting, isn't always a good reason for getting, and patience is, indeed a virtue. There's little value in taking risks, at inopportune times, when the potential payoff is highly unlikely. The risk of triggering AA can be high for some recon attempts, not just for the evil bank that you're poking at, but when the others get wind that you're seeking credit (or more credit).

So, reconners, beware & be wise!

You got me exactly right. This is precisely the point I was trying to make.

Re: Denied CLI Chase Bank - Suggestions? Please help

DI — Wed, 09 Mar 2011 21:21:42 GMT

There's no backdoor number for a line of credit increase. Some things just cannot be reversed. Fix the reasons given for the denial and try again in 6 months.

Re: Denied CLI Chase Bank - Suggestions? Please help

jason10 — Wed, 09 Mar 2011 22:53:56 GMT

Actually, Chase has a backdoor number for a credit analyst, and they will reconsider CLI requests. At the very least, the op might be given more concrete advice regarding what he needs to get his CLI request approved.

Re: Denied CLI Chase Bank - Suggestions? Please help

Walt_K — Wed, 09 Mar 2011 23:10:09 GMT

@DI wrote:
There's no backdoor number for a line of credit increase. Some things just cannot be reversed. Fix the reasons given for the denial and try again in 6 months.

What's the basis for saying this? I would think that the decision to increase a credit line would be a less risky decision overall than the decision to extend new credit to a customer you didn't have a previous relationship with. If the second-level CSRs or whatever you want to call them have more discretion to override denials for new credit applications, why wouldn't they have similar discretion to override denials for CLI requests.

Re: Denied CLI Chase Bank - Suggestions? Please help

Anonymous — Sat, 12 Mar 2011 01:25:34 GMT

@Walt_K wrote:
@DI wrote:
There's no backdoor number for a line of credit increase. Some things just cannot be reversed. Fix the reasons given for the denial and try again in 6 months.
What's the basis for saying this? I would think that the decision to increase a credit line would be a less risky decision overall than the decision to extend new credit to a customer you didn't have a previous relationship with. If the second-level CSRs or whatever you want to call them have more discretion to override denials for new credit applications, why wouldn't they have similar discretion to override denials for CLI requests.

Also, as previously pointed out, Chase's "backdoor" number does lead precisely to the individuals who can handle CLI issues.

Re: Denied CLI Chase Bank - Suggestions? Please help

Anonymous — Sat, 12 Mar 2011 01:35:40 GMT

@vish1 wrote:

@glamchick wrote:
I received a letter of denial for CLI due to these reasons.

1. credit balances to high
2. 1 late recorded for school loan

Ive read that some people call back door numbers and get the CLI's anyways. Can you advise me on how I can request this?

Thanks.

I have no clue what's going ON. Everyone is talking about backdoor and recon. A million threads talking about getting credit by recon and sometimes 3-4 recons.

Why can't people understand that the computer doesnt understand anything about you and always makes a judgemement based on your credit profile. Unless there is some special case (which looks bad on file than it actually is), people should be working on fixing their profile not looking for recon.

I am sorry if it sounds harsh but, If you already have too much debt, you should be looking at fixing it, not trying to get new credit accounts. In addition to that you should be setting up a plan on how to avoid lates in future. Credit will come to you at its own and at better terms.

Huh??????

Nice to know that you have a crystal ball that determines who has or has not too much debt. Instead of sweeping, broad generalizations (which are, by the way, false) you might ask what the OPs UTIL is. Some banks can consider a certain percentage too much and others not.

Further, as previously pointed out, people request CLIs for a variety of different motives. So, in addition to that crystal ball, you also have ESP. Great trick!

The simple fact is that Chase and other banks have people available for recon. Most creditors realize that computer decisions can be flawed. There's a reason why they don't change their recon number or just brush everybody off that calls, you know.

Worst case scenario, you get a decent explanation by the recon analyst of how your credit looks and what steps will help.

Re: Denied CLI Chase Bank - Suggestions? Please help

vish1 — Sat, 12 Mar 2011 02:17:16 GMT

@Anonymous wrote:
@vish1 wrote:

@glamchick wrote:
I received a letter of denial for CLI due to these reasons.

1. credit balances to high
2. 1 late recorded for school loan

Ive read that some people call back door numbers and get the CLI's anyways. Can you advise me on how I can request this?

Thanks.

I have no clue what's going ON. Everyone is talking about backdoor and recon. A million threads talking about getting credit by recon and sometimes 3-4 recons.

Why can't people understand that the computer doesnt understand anything about you and always makes a judgemement based on your credit profile. Unless there is some special case (which looks bad on file than it actually is), people should be working on fixing their profile not looking for recon.

I am sorry if it sounds harsh but, If you already have too much debt, you should be looking at fixing it, not trying to get new credit accounts. In addition to that you should be setting up a plan on how to avoid lates in future. Credit will come to you at its own and at better terms.
Huh??????

Nice to know that you have a crystal ball that determines who has or has not too much debt. Instead of sweeping, broad generalizations (which are, by the way, false) you might ask what the OPs UTIL is. Some banks can consider a certain percentage too much and others not.

Further, as previously pointed out, people request CLIs for a variety of different motives. So, in addition to that crystal ball, you also have ESP. Great trick!

The simple fact is that Chase and other banks have people available for recon. Most creditors realize that computer decisions can be flawed. There's a reason why they don't change their recon number or just brush everybody off that calls, you know.

Worst case scenario, you get a decent explanation by the recon analyst of how your credit looks and what steps will help.

This is not what I am trying to point out. All I am trying to point out is that at a forum like this, we should also emphasize that the best way to have a good credit is to use it wisely and pay on time. I said it earlier and am repeating it, I am not against recon and agree that it's a great tool and worth a try.

I also agree with your point that the caller will atleast get a more sensible explanation about the decision.

I do understand that people have problems and have to go through hell at times, be it bk, ca or lates. I will never blame anyone in those conditions.

My only concern is that I feel we may actually be encouraging irresponsiveness towards credit and implicitly indicating to younger people that even if they don't care about their credit they can hack things, tell false stories and get the credit. Is there a single reply in the thread that tells the OP that she needs to be more careful and pay her loans on time?

I have no bad intentions against anyone, but on the other hand, I can't explain how I feel when I realize that so many kids just out of college pay most of their paychecks to the CCCs because they had a few pizzas in the college without thinking if they can afford it.

I want to see american kids coming out of college working hard and making money for themselves and their future not for the credit card companies.

I did not intend to offend anyone and offer sincere apologies to any and everyone who got offended.

Re: Denied CLI Chase Bank - Suggestions? Please help

Anonymous — Sat, 12 Mar 2011 02:58:26 GMT

@vish1 wrote:

@Anonymous wrote:
@vish1 wrote:

@glamchick wrote:
I received a letter of denial for CLI due to these reasons.

1. credit balances to high
2. 1 late recorded for school loan

Ive read that some people call back door numbers and get the CLI's anyways. Can you advise me on how I can request this?

Thanks.

I have no clue what's going ON. Everyone is talking about backdoor and recon. A million threads talking about getting credit by recon and sometimes 3-4 recons.

Why can't people understand that the computer doesnt understand anything about you and always makes a judgemement based on your credit profile. Unless there is some special case (which looks bad on file than it actually is), people should be working on fixing their profile not looking for recon.

I am sorry if it sounds harsh but, If you already have too much debt, you should be looking at fixing it, not trying to get new credit accounts. In addition to that you should be setting up a plan on how to avoid lates in future. Credit will come to you at its own and at better terms.
Huh??????

Nice to know that you have a crystal ball that determines who has or has not too much debt. Instead of sweeping, broad generalizations (which are, by the way, false) you might ask what the OPs UTIL is. Some banks can consider a certain percentage too much and others not.

Further, as previously pointed out, people request CLIs for a variety of different motives. So, in addition to that crystal ball, you also have ESP. Great trick!

The simple fact is that Chase and other banks have people available for recon. Most creditors realize that computer decisions can be flawed. There's a reason why they don't change their recon number or just brush everybody off that calls, you know.

Worst case scenario, you get a decent explanation by the recon analyst of how your credit looks and what steps will help.

This is not what I am trying to point out. All I am trying to point out is that at a forum like this, we should also emphasize that the best way to have a good credit is to use it wisely and pay on time. I said it earlier and am repeating it, I am not against recon and agree that it's a great tool and worth a try.

I also agree with your point that the caller will atleast get a more sensible explanation about the decision.

I do understand that people have problems and have to go through hell at times, be it bk, ca or lates. I will never blame anyone in those conditions.

My only concern is that I feel we may actually be encouraging irresponsiveness towards credit and implicitly indicating to younger people that even if they don't care about their credit they can hack things, tell false stories and get the credit. Is there a single reply in the thread that tells the OP that she needs to be more careful and pay her loans on time?

I have no bad intentions against anyone, but on the other hand, I can't explain how I feel when I realize that so many kids just out of college pay most of their paychecks to the CCCs because they had a few pizzas in the college without thinking if they can afford it.

I want to see american kids coming out of college working hard and making money for themselves and their future not for the credit card companies.

I did not intend to offend anyone and offer sincere apologies to any and everyone who got offended.

Again with the crystal ball.

Someone please correct me if I am wrong, but all I read is a simple statement that "1 late recorded for school loan". This could have happend 7 years ago. It could have happened because the lender -- as so many student loan lenders do -- messed up. I see abolutely no supporting details that could lead a reasonable person to suggest that OP might not have a legitimate chance at recon. And your generalization about "so many kids just out of college" and "tell false stories" as somehow applying to either OP or college students in general is, sorry to say, sad. Very sad.

Personally, I don't think Chase credit analysts are that foolish to believe every story they hear these days. But then again, I don't have a crystal ball.

Re: Denied CLI Chase Bank - Suggestions? Please help

smallfry — Sat, 12 Mar 2011 03:12:16 GMT

@DI wrote:
There's no backdoor number for a line of credit increase. Some things just cannot be reversed. Fix the reasons given for the denial and try again in 6 months.

Yeah I think there is or at least there was a couple 2-3 years ago. I was automatically denied a CLI and called when I got the denial letter in the mail. I got the increase after I explained I needed a larger limit to really use the card.

Re: Denied CLI Chase Bank - Suggestions? Please help

Anonymous — Sat, 12 Mar 2011 03:18:32 GMT

The fact that they are on this board tells me they are learning what to do with credit. I wish I had of been smart enough to find out about credit and ask questions on how to do things when I was younger but it is never to late to learn. Just because they are in college dosnt mean they are irresponsible.

They are on here learning just like most of us. We are not suppose to be here to judge how someone handles their credit but help with any questions they may have about what to do or how to fix. Thanks to these forms I have came along way and have learned alot on how to rebuild the nightmare my ex put me in.

Re: Denied CLI Chase Bank - Suggestions? Please help

MarineVietVet — Sat, 12 Mar 2011 03:21:01 GMT

Instead of the childish bickering how about helping the OP?

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".