topic Re: Denied...I think (CSP) in Credit Cards

Denied...I think (CSP)

Anonymous — Mon, 12 Aug 2013 20:57:40 GMT

Got the 7-10 day message. I got approved for the Delta Skymiles AMEX the other day (10K CL) and Discover It card (not sure what CL is?).

Done applying for a few months, I think. I'll do the CLI request on the AMEX after the 61 days is up as long as my score doesn't take a huge hit from the 3 HP's and two new accounts...

Re: Denied...I think (CSP)

09Lexie — Mon, 12 Aug 2013 21:00:45 GMT

Call -they may just need to verify your information.

Re: Denied...I think (CSP)

Anonymous — Mon, 12 Aug 2013 21:16:51 GMT

Call recon and be prepared to make your case.

Re: Denied...I think (CSP)

Anonymous — Mon, 12 Aug 2013 21:19:29 GMT

It could be that I already have a Chase card...problem is, I have had it for 5 years and carried a high balance until recently. I'm not sure which Chase card I have already, it's been so long. I don't even have the physical card anymore (destroyed). I just requested a new card.

Re: Denied...I think (CSP)

myjourney — Mon, 12 Aug 2013 22:03:03 GMT

You call yet?

Re: Denied...I think (CSP)

Kozmo — Tue, 13 Aug 2013 01:23:19 GMT

Bump??

Re: Denied...I think (CSP)

CopperHD — Tue, 13 Aug 2013 01:46:47 GMT

I recently drapped for the CSP on Friday evening and recieved a 30 day message something along the lines of "they will let me know". So i called the backdoor number that i found on here (1-888-245-0625) wanting to see if they needed additional informaiton and they recivewed my application and said i was approved for 12k, my highest limit yet and that is even with a South Rapid Rewards Visa SIgnature Chase card that i recieved last month. Honestly i am dreading the hit to my AAOA because of 3 new cards in the last month and a half but the CSP was the last goal card that i wanted and now i have no other card needs and am done. Keep at it you took the inquiry hit you might as well fight for it.

Re: Denied...I think (CSP)

djc1puno — Tue, 13 Aug 2013 01:52:04 GMT

Copper...congrats! Nice starting cl!

Re: Denied...I think (CSP)

CopperHD — Tue, 13 Aug 2013 02:06:21 GMT

Seriously i was floored because they gavce me a $10k limit on the SW card a few weeks earlier.

Re: Denied...I think (CSP)

Anonymous — Tue, 13 Aug 2013 03:13:33 GMT

Thanks, copperHD and congrats! I will call first thing in the morning....hope it's not too late. Applied around 3:30 pm today.

Re: Denied...I think (CSP)

Anonymous — Tue, 13 Aug 2013 03:15:03 GMT

Calling recon gives me anxiety! What do they ask you?

Re: Denied...I think (CSP)

djc1puno — Tue, 13 Aug 2013 03:40:48 GMT

It could be as simple as income, or some other verification. Or you could be asked about things on your report, baddies etc if any...or they can simply ask you why you want their cc. Bottom line just be honest it's not as bad as going in for a job interview. Heh...gl!

Re: Denied...I think (CSP)

joshuapd1987 — Tue, 13 Aug 2013 05:08:03 GMT

Just be honest. good luck - we are rooting for you!

Re: Denied...I think (CSP)

CopperHD — Tue, 13 Aug 2013 05:09:42 GMT

Whenever i have to call recon i try to act nonchalant about it helps put me at ease), I just call and explain that i applied and noticed that the approval was not instant and was there anyhting else they needed from me to help the process along, usually they don't ask for something and simply review the application.

Re: Denied...I think (CSP)

Anonymous — Tue, 13 Aug 2013 15:21:41 GMT

On the phone right now...will update soon!

Re: Denied...I think (CSP)

Home2014 — Tue, 13 Aug 2013 15:25:19 GMT

I'm on pins and needles. GL!

I apped yesterday and got the same message. Gonna call around lunchtime EST.

Re: Denied...I think (CSP)

Anonymous — Tue, 13 Aug 2013 15:39:36 GMT

Alright...still a denial. She says the letter I will receive states the denial is due to an old BK (almost 8 years old - will fall off my report 10/15). However, she said that isn't necesarily the issue since they've already extended credit to me post BK, back in 2008, and that account has always been in good standing. She stated I've also "handled my credit well since the BK".

So, I asked if I should reapply in two years when the BK falls off. She said, no, that I can try again sooner. She was unable to override the denial because the CSP has a minimum opening CL that my current lines don't support. Maybe they're a lender that likes to see others giving higher CL's first? My highest reporting CL is $3500 right now since my 10K AMEX and $4K Discover aren't reporting yet.

Bummer. I am going to wait for scores to recover after taking a hit for two new accts and 4 HP's.

Re: Denied...I think (CSP)

Anonymous — Tue, 13 Aug 2013 15:40:14 GMT

@Home2014 wrote:
I'm on pins and needles. GL!

I apped yesterday and got the same message. Gonna call around lunchtime EST.

Good luck!! Let us know!

Re: Denied...I think (CSP)

Anonymous — Tue, 13 Aug 2013 15:46:10 GMT

Oh, and she said to try to app for Freedom or Slate...wdyt? Or should I just wait? Will Chase CP later on?

Re: Denied...I think (CSP)

Anonymous — Tue, 13 Aug 2013 15:53:30 GMT

@Anonymous wrote:
Alright...still a denial. She says the letter I will receive states the denial is due to an old BK (almost 8 years old - will fall off my report 10/15). However, she said that isn't necesarily the issue since they've already extended credit to me post BK, back in 2008, and that account has always been in good standing. She stated I've also "handled my credit well since the BK".

So, I asked if I should reapply in two years when the BK falls off. She said, no, that I can try again sooner. She was unable to override the denial because the CSP has a minimum opening CL that my current lines don't support. Maybe they're a lender that likes to see others giving higher CL's first? My highest reporting CL is $3500 right now since my 10K AMEX and $4K Discover aren't reporting yet.

Bummer. I am going to wait for scores to recover after taking a hit for two new accts and 4 HP's.

I wonder what factors chase takes when they decide for/against giving a CS/CSP to people with no 5K lines, since they definitely do occassionaly give them out to people with fairly low lines (i had 8600 across 5 cards, 3000 on my highest when i got approved for Sapphire)