topic Re: Chase won't approve any CLI with collection account in Credit Cards

Chase won't approve any CLI with collection account

Tikon — Mon, 23 Apr 2012 19:46:29 GMT

Hi, first post.

I have requested a CLI on my Chase Freedom every month for quite awhile. It is my 'main' card and I've had it (or the predecessor, which I forget the name) for over 7 years.

Here's what my credit looks like:

BOA signature visa - NPSL, $6000 credit line

Discover $5500

Citi $4000

Capitalone $1500

Barclaycard $5000

Shell $750

Chevron $600

Elan financial $5000

Chase freedom $4700

Capitalone Journey $2000

Chase Amazon $500

Other accounts:

Paid off mortgage $75000

Student loans $55000

Paid off car loan $11000

Car loan in payment 13000 out of 20000

Collection account for $450

The collection account is wrong I've filed multiple disputes but they keep getting denied. I got hit by a car on my motorcycle and the hospital double charged me. There's so much paperwork I can't get it cleared, but the collection is simply not a real debt.

Back to Chase ... $4700 credit line. I put at least $500 a month through it for years. For example, I have over $1,000 in rewards on the card.

Today I called and told them I'm tired of the small credit line. CSR denied me in 20 seconds so I told her I wanted their retention department. I pointed out my almost perfect credit, the $1,000 in rewards banked up, my decent usage, etc.

Here's the part I don't believe: he said Chase won't approve ANY credit line increase with a collection account. I told him it was a wrong account and he said until I get it cleared my yearly income or usage won't matter. Is this true or just an excuse to get me off the phone? I feel a little betrayed given my history with them.

Oh, on the bright side I got approved for an AmEx Bluecash rewards everyday this week. I don't know the credit line/limit/whatever yet, but it might be my main card soon since Chase won't give me the big limit I crave.

Re: Chase won't approve any CLI with collection account

Anonymous — Mon, 23 Apr 2012 19:51:17 GMT

Wrong. I apped for a CLI with an erroneous collection on my CR and was denied. A month later, after I had it deleted, I called in to recon because I didn't want to waste the INQ. I asked for a 150% increase and asked her to soft an updated report bc the collection was removed. She said she couldn't but that bc in the original HP the collection was disputed that she could ignore it. Came back a few minutes later and approved me. Btw this was for my Chase Amazon Visa.

Re: Chase won't approve any CLI with collection account

Anonymous — Mon, 23 Apr 2012 19:51:28 GMT

Medical collections suck. I had 3 because the hospital forgot to bill my insurance. They're also a pain to correct good luck with getting it removed.

Re: Chase won't approve any CLI with collection account

Anonymous — Mon, 23 Apr 2012 19:52:43 GMT

Have you been checking your credit reports?

They do a hard pull for anything. So it worries me when you say you've been requesting a CLI every month.

Re: Chase won't approve any CLI with collection account

Anonymous — Mon, 23 Apr 2012 19:53:08 GMT

Thats rough, just a little advice you may want to transfer that 1,000 rewards to cash or statement credit or savings account the reason why is if Chase ever decides to cancel your card you may lose all your rewards

Re: Chase won't approve any CLI with collection account

Anonymous — Mon, 23 Apr 2012 20:24:18 GMT

@Anonymous wrote:
Have you been checking your credit reports?
They do a hard pull for anything. So it worries me when you say you've been requesting a CLI every month.

Didn't even see this. Yeah you have probably racked up a numbers of INQs in the process.

Re: Chase won't approve any CLI with collection account

Walt_K — Mon, 23 Apr 2012 20:31:22 GMT

@Tikon wrote:
Hi, first post.

I have requested a CLI on my Chase Freedom every month for quite awhile. It is my 'main' card and I've had it (or the predecessor, which I forget the name) for over 7 years.

Here's what my credit looks like:
BOA signature visa - NPSL, $6000 credit line
Discover $5500
Citi $4000
Capitalone $1500
Barclaycard $5000
Shell $750
Chevron $600
Elan financial $5000
Chase freedom $4700
Capitalone Journey $2000
Chase Amazon $500

Other accounts:
Paid off mortgage $75000
Student loans $55000
Paid off car loan $11000
Car loan in payment 13000 out of 20000
Collection account for $450

The collection account is wrong I've filed multiple disputes but they keep getting denied. I got hit by a car on my motorcycle and the hospital double charged me. There's so much paperwork I can't get it cleared, but the collection is simply not a real debt.

Back to Chase ... $4700 credit line. I put at least $500 a month through it for years. For example, I have over $1,000 in rewards on the card.

Today I called and told them I'm tired of the small credit line. CSR denied me in 20 seconds so I told her I wanted their retention department. I pointed out my almost perfect credit, the $1,000 in rewards banked up, my decent usage, etc.

Here's the part I don't believe: he said Chase won't approve ANY credit line increase with a collection account. I told him it was a wrong account and he said until I get it cleared my yearly income or usage won't matter. Is this true or just an excuse to get me off the phone? I feel a little betrayed given my history with them.

Oh, on the bright side I got approved for an AmEx Bluecash rewards everyday this week. I don't know the credit line/limit/whatever yet, but it might be my main card soon since Chase won't give me the big limit I crave.

I had a similar problem a few years ago. The hospital billed my insurance company twice for the same services, and my insurance company naturally declined to pay the second bill. Eventually it was sent to collections.

How is your collection reporting? For me, when I responded that this was for services that had already been paid, the collection company changed the status of the collection to paid. I then disputed it stating that I had never paid them, that it never should have been referred to collections. It came off right away.

I would think if they are listing the account as a collection with a balance, you should be able to request copies of proof of payment for the services from your insurance company even if you can't locate the documents now. In that circumstance, I would submit those as proof that this was paid and never should have gone to collections. If they have it listed as a paid collection like mine was, dispute and say you never paid because it had already been paid by your insurance co. Ask them for proof of your payment.

Good luck.

Re: Chase won't approve any CLI with collection account

Tikon — Mon, 23 Apr 2012 20:34:50 GMT

@Anonymous wrote:
Have you been checking your credit reports?
They do a hard pull for anything. So it worries me when you say you've been requesting a CLI every month.

I don't know if it's because I ask but everytime I request a CLI I tell them I don't want a hard pull. I have 5 inquiries on my report right now. One is from Chase when I applied for their sapphire 3 months ago (denied).

Re: Chase won't approve any CLI with collection account

trumpet-205 — Mon, 23 Apr 2012 20:56:53 GMT

You need more action. If the collection account is not yours and dispute fails then you need to resort to lawsuit. You cannot just do nothing about it. You need to be aggressive.

Re: Chase won't approve any CLI with collection account

LS2982 — Mon, 23 Apr 2012 23:05:13 GMT

@trumpet-205 wrote:
You need more action. If the collection account is not yours and dispute fails then you need to resort to lawsuit. You cannot just do nothing about it. You need to be aggressive.

I agree, time to step it up a notch!!!

Re: Chase won't approve any CLI with collection account

Tikon — Mon, 23 Apr 2012 23:23:25 GMT

The collection is getting older now actually. According to my recent dispute it will go off my report in mid 2015. I don't even know who I would sue? The bills I got from the hospital were beyond confusing. It seems like more headache than it's worth. By the way, even with the collection account I qualified for a 0% APR car loan, I've gotten an AmEx, etc. Chase is the only one who seems to really care.

The part I find odd is that Chase gave me the $4700 limit right before I got the collection account. Since then though, I've paid off my mortgage, paid 20k out of 70k student loans, less than 5% utilization any given month on CCs, pretty decent account age I think which has only gotten older, more yearly income, etc.

Re: Chase won't approve any CLI with collection account

Anonymous — Tue, 24 Apr 2012 01:29:35 GMT

No its true I was in the same boat had a collection on my equifax cr that should have never been there even had a car loan with chase until the collection got removed no dice not even a little bit.