topic Re: Freedom with short history in Credit Cards

Freedom with short history

Anonymous — Fri, 17 Aug 2012 21:21:03 GMT

Does anyone get approved for Chase Freedom with 7 months of credit history? I convince my friend to apply for AMEX PRG and Chase Freedom. PRG was approved but Freedom was declined due to short history I called for recon but not successful. He currently has a BOA Visa with 3k limit. Any suggestion? Should we call exec office?

Re: Freedom with short history

CreditPacMan — Fri, 17 Aug 2012 21:26:31 GMT

He should call again. It really all depends on the rep that you talk to; some are nice enough and there's a good chance he'd be approved if he explains why he wants to get the card ( like I want to build a relationship with a prime bank like Chase ).

Re: Freedom with short history

youngandcreditwrthy — Fri, 17 Aug 2012 22:01:03 GMT

If he has a 3k boa, he should have been approved. Recon again!:-)

Re: Freedom with short history

gettnthere — Fri, 17 Aug 2012 22:07:16 GMT

Chase usually requires at least one year of revolving account history before they will approve. doubt he will be able to obtain it at this point, but he already took the HP so you could try another recon. GL

Re: Freedom with short history

iMacDrew — Fri, 17 Aug 2012 22:08:10 GMT

Recon REcon RECon again. I seen no reason he would be approved for the PRG and not the freedom.

Re: Freedom with short history

Anonymous — Fri, 17 Aug 2012 22:45:18 GMT

Thanks for responses guys. So, I will call them again on monday.

Re: Freedom with short history

gettnthere — Fri, 17 Aug 2012 22:52:20 GMT

@iMacDrew wrote:
Recon REcon RECon again. I seen no reason he would be approved for the PRG and not the freedom.

that is pretty weird huh

Re: Freedom with short history

Anonymous — Fri, 17 Aug 2012 22:54:26 GMT

Probably worth a recon attempt. They've loosened up on Freedom requirements this year. I was denied in March @ 7 months history...it was my 4th inquiry in last 2 months(plus 3 more over 6 months but less than a year) and i had a score around 690 and utilization under 10% and had 2 accounts 1 month old and 2 accounts 7 months old.

But check out the last 3 or so months and you'll see people with scores under 680 and under 1 year history getting Freedoms(a lot of times for under 1K though). I was able to get it Earlier this month with a similar score as in march but now 2 accounts 1 year old and 2 6 months old. And They gave me a better limit at 3K than i would have gotten back then (my highest card was 1.4K store card).

So it's a little more attainble to get now, the downside is they're handing out more toy limits too now. It's hard not to rush things when you're starting out and are frustrated with small limits, but looking at me, just a little bit more time taking care of your credit can do wonders.

Re: Freedom with short history

CreditChampion — Fri, 17 Aug 2012 23:21:34 GMT

Call the executive offices I got approved with 5 months of history.

Re: Freedom with short history

LS2982 — Fri, 17 Aug 2012 23:26:47 GMT

@gettnthere wrote:
Chase usually requires at least one year of revolving account history before they will approve. doubt he will be able to obtain it at this point, but he already took the HP so you could try another recon. GL

This is true, I would wait until then and then reapp.

Re: Freedom with short history

Anonymous — Sat, 18 Aug 2012 00:19:16 GMT

I am going to apply on monday with 10 month history. Lets see..

Re: Freedom with short history

youngandcreditwrthy — Sat, 18 Aug 2012 02:55:33 GMT

Do it!

Re: Freedom with short history

Anonymous — Sat, 18 Aug 2012 03:07:46 GMT

I was approved with 3 months of infiv history last month but my credit report contained a bunch of really old AU accts which made my history appear as if it's in the double digits. I tried to recon the CL but exec office said no due to my short indiv history. My point being that your friend should def. call the exec office .