topic Re: Chase Recon in Credit Cards

Chase Recon

fixmycred14 — Fri, 01 Nov 2013 02:40:21 GMT

Should I recon Chase again? They were very willing to listen to an explanation of my debts but ultimately declined my app. They said its good for 30 days. Three debts were pointed out in particular. I can take care of two relatively quickly but the third is a dousy.

Re: Chase Recon

myjourney — Fri, 01 Nov 2013 02:46:36 GMT

@fixmycred14 wrote:
Should I recon Chase again? They were very willing to listen to an explanation of my debts but ultimately declined my app. They said its good for 30 days. Three debts were pointed out in particular. I can take care of two relatively quickly but the third is a dousy.

If you can clear up the debts and have them report to CB's in less than 30 days sure RECON but in all honesty that timeframe is hard to make IMHO

Re: Chase Recon

fixmycred14 — Fri, 01 Nov 2013 03:08:12 GMT

Hi myjourney --

Don't scold me lol! I didn't listen to you and now I'm so sad I was declined.

I know I know...they are quick to report but not update/delete. Two are small and I've offered PFD to no avail. I don't want to give up and just pay but I'm growing tired everyday of the games. These people seem to get a thrill from holding me financially hostage. The third is virtually impossible. It's a nearly 7 yr old repo. Just my luck... they pulled the one and only report that has the CA on it. Sigh...I really want a prime card to garden.

Re: Chase Recon

coldnmn — Fri, 01 Nov 2013 03:11:17 GMT

I'm pretty sure they would have to do another HP to verify that your debts had been cleaned up. There still would be know guarantee of approval. I may be wrong and they would do a soft pull but I doubt it. Good Luck on what ever you decide.

Re: Chase Recon

myjourney — Fri, 01 Nov 2013 03:21:24 GMT

@fixmycred14 wrote:
Hi myjourney --

Don't scold me lol! I didn't listen to you and now I'm so sad I was declined.

I know I know...they are quick to report but not update/delete. Two are small and I've offered PFD to no avail. I don't want to give up and just pay but I'm growing tired everyday of the games. These people seem to get a thrill from holding me financially hostage. The third is virtually impossible. It's a nearly 7 yr old repo. Just my luck... they pulled the one and only report that has the CA on it. Sigh...I really want a prime card to garden.

Won't scold only support promise

You made me laugh to (financial hostage) ROFLOL

We all make mistakes sometimes and jump to early I'm guilty as well.

The best thing to do and sometimes the hardest is to clear up everything before making another attempt.

Chances of them doing two things is almost certain

1) another HP

2) pulling from the same CB

So here's where you choice comes in....

On the up side if you spend a little more time and fix what you can to the best of your abilities then you'll look better in there eyes.

Not to mention anything you can remove or show as paid will help turn CR's more positive

But I have to be honest and you know it If you try and things haven't updated you wasted another HP...A HP you'll need for that prime down the road

Prime is coming your way just make sure you don't rush it and lose the possibility of a second prime while your at it

Re: Chase Recon

fixmycred14 — Fri, 01 Nov 2013 03:45:32 GMT

Thanks for being nice! lol

Sigh...well truth be told I wasted several HPs. Discover & Chase (today), TJX (Sept), NFCU (Aug)

Cap 1 secured (yesterday) & BoA secured (today) pending...

I haven't had any HPs for about 3-4 years up until now.

Re: Chase Recon

navigatethis12 — Fri, 01 Nov 2013 03:47:20 GMT

@coldnmn wrote:
I'm pretty sure they would have to do another HP to verify that your debts had been cleaned up. There still would be know guarantee of approval. I may be wrong and they would do a soft pull but I doubt it. Good Luck on what ever you decide.

It would be a new hard inquiry. There's no sense in rushing. I would just wait a while and apply when you're in a better position.

Re: Chase Recon

myjourney — Fri, 01 Nov 2013 03:52:36 GMT

@fixmycred14 wrote:
Thanks for being nice! lol
Sigh...well truth be told I wasted several HPs. Discover & Chase (today), TJX (Sept), NFCU (Aug)
Cap 1 secured (yesterday) & BoA secured (today) pending...

I haven't had any HPs for about 3-4 years up until now.

Check into the garden you and I will be joined at the hip until we get you a prime or 2

Re: Chase Recon

fixmycred14 — Fri, 01 Nov 2013 04:06:29 GMT

ooooookkkkkay! Sigh...no more app's for me. How much of a score drop can I expect? Cap 1 appeared w/in 24 hours no score change yet.

Now, I need Cap1 or BOA or both to come thru as second and/or third cards. Why does BOA request your banking info and deposit amount before you are approved?

Re: Chase Recon

myjourney — Fri, 01 Nov 2013 04:16:57 GMT

@fixmycred14 wrote:
ooooookkkkkay! Sigh...no more app's for me. How much of a score drop can I expect? Cap 1 appeared w/in 24 hours no score change yet.

Now, I need Cap1 or BOA or both to come thru as second and/or third cards. Why does BOA request your banking info and deposit amount before you are approved?

Score drop could be between 3-5 points per INQ but will recover within 4-6 in most cases YMMV

BofA needs to know you have a way to pay and were the deposit is coming from watch you account for a withdrawal ....if its withdrawn your approved

so lets hope they come thur after checking info

CAP1 still may come thur my finger are crossed for you for sure

Re: Chase Recon

fixmycred14 — Fri, 01 Nov 2013 05:08:08 GMT

Thanks again! I hope they do as well. That will end my quest for a new card, Then I can garden from here on out.

Re: Chase Recon

myjourney — Fri, 01 Nov 2013 05:09:52 GMT

@fixmycred14 wrote:
Thanks again! I hope they do as well. That will end my quest for a new card, Then I can garden from here on out.

Looking at your scores your not far you just need to catch a break on CR's

Time heals all

Re: Chase Recon

fixmycred14 — Fri, 01 Nov 2013 05:20:17 GMT

Really? Good I'm glad! Repairing takes a real toll. Credit is on my mind 24 hrs a day. So at first new cc drop your score then boost it? Do you think I'll be approved for limits comparable to my nrewards? At least BoA unsecures...

Re: Chase Recon

Anonymous — Fri, 01 Nov 2013 09:43:57 GMT

Credit takes time. It took me nine years after a BK7 and then another two years for prime cards. Note, time varies by person, their credit file and how much repair is needed. Hard but patience with hard work (like you plan to do on cleaning your file). It took me two years to get the credit bureaus to remove obsolete and incorrect info. Frustrating to say the least.

Re: Chase Recon

fixmycred14 — Fri, 01 Nov 2013 10:16:35 GMT

Thanks @ Wanderer-- Patience is the hardest part. I want to qualify for a mortgage.

Re: Chase Recon

fixmycred14 — Fri, 01 Nov 2013 10:27:19 GMT

If I am approved for both the Cap1 secured & BOA secured can I turn down the Cap1 cc? Or should I just go w/both if they both are approved?

Re: Chase Recon

dodgerslv — Fri, 01 Nov 2013 14:49:50 GMT

definitely keep both accounts. They will both age at the same time. You took the HPs for both already and even though it will hurt your AAoA at the moment you will be better positioned for prime lenders a year from now.

Re: Chase Recon

fixmycred14 — Fri, 01 Nov 2013 14:54:43 GMT

Okay, thanks. We'll see what happens...

Re: Chase Recon

fixmycred14 — Mon, 04 Nov 2013 15:02:00 GMT

Update - Cap 1 approved waiting on BoA

Re: Chase Recon

dallasjetfan — Mon, 04 Nov 2013 16:07:21 GMT

@fixmycred14 wrote:
Hi myjourney --

Don't scold me lol! I didn't listen to you and now I'm so sad I was declined.

I know I know...they are quick to report but not update/delete. Two are small and I've offered PFD to no avail. I don't want to give up and just pay but I'm growing tired everyday of the games. These people seem to get a thrill from holding me financially hostage. The third is virtually impossible. It's a nearly 7 yr old repo. Just my luck... they pulled the one and only report that has the CA on it. Sigh...I really want a prime card to garden.

I was initially given the 7-10 day message, but then I decided to call the next day . He said I was declined because of my BK 8 years ago. He asked, I didn't ask, if I wanted him to review my application. I said yes please. He then asked me specifically about my BK and why I filed. I said it was probably unnecessary at the time, but I just wanted a clean start. He said what have I done to not have it happen again. I told him I have a better and more stabile job now. He said he would be right back. I was approved for $5000. My card should arrive this week and I will immediately ask for a CLI. I've been pretty lucky so far with my approvals and CLI's.