topic Re: Chase in Credit Cards

Chase

Jaxavier — Wed, 06 Nov 2013 15:19:30 GMT

How sure of a thing is it when you have Eligible Offers when going through the prequalified section of the chase website? Anyone know who they tend to pull in PA?

Re: Chase

Anonymous — Wed, 06 Nov 2013 15:21:05 GMT

Pre-approvals are just rough estimates. They are by no means accurate indicators of approval odds.

Check credit pulls database or who gave me credit.

Re: Chase

yudeology101 — Wed, 06 Nov 2013 15:22:45 GMT

@Anonymous wrote:
Pre-approvals are just rough estimates. They are by no means accurate indicators of approval odds.

Check credit pulls database or who gave me credit.

+1.

Re: Chase

coldnmn — Wed, 06 Nov 2013 21:00:28 GMT

Try whogavemecredit.com and 'creditpulls' to see how others have done with similar scores. Scores aren't everything they look at your whole history bu it will give you an idea.

Edit:website , Lexie

Re: Chase

Jaxavier — Wed, 06 Nov 2013 15:23:56 GMT

Thank you. Checked out whogavemecredit, but wondering how accurate that even is. I see denials with high scores, and approvals with lows so something else is in the mix, plus can't always tell which report they pulled. FICO from auto lender put me at 760 and FAKO at 705 but IDK what Chase will see on the real score.

Re: Chase

Jaxavier — Wed, 06 Nov 2013 15:27:06 GMT

Creditpulls helped some more. Thank you everyone for suggestions.

Re: Chase

coldnmn — Wed, 06 Nov 2013 15:31:55 GMT

@Jaxavier wrote:
Thank you. Checked out whogavemecredit, but wondering how accurate that even is. I see denials with high scores, and approvals with lows so something else is in the mix, plus can't always tell which report they pulled. FICO from auto lender put me at 760 and FAKO at 705 but IDK what Chase will see on the real score.

They look at the whole file the high scores might have gotten a bunch of new cards and inquires and listed a faco scores. The low score could have been using Fico score and low inquires. Credit pulls tell who pulled from what credit agency in the state.

Re: Chase

Jaxavier — Wed, 06 Nov 2013 15:35:57 GMT

coldnmn--

Yes, creditpulls is a nicer database to search. Seems though they pull TU for my state and TU seems to always lag behind the other two in updating so have to wait for balances (which will put utl on revolving from 35% down to 15% to update, but also concerned about inquiries as I've got 6 spread out over last 18 months.

Does anyone know if you apply for one card but are not approved, do they/could they offer a lessor card?

Re: Chase

coldnmn — Wed, 06 Nov 2013 15:38:21 GMT

FYI From what I have read Freedom seems to be the card most have an easier chance of approval. YMMV

Re: Chase

coldnmn — Wed, 06 Nov 2013 15:41:34 GMT

@Jaxavier wrote:
coldnmn--

Yes, creditpulls is a nicer database to search. Seems though they pull TU for my state and TU seems to always lag behind the other two in updating so have to wait for balances (which will put utl on revolving from 35% down to 15% to update, but also concerned about inquiries as I've got 6 spread out over last 18 months.

Does anyone know if you apply for one card but are not approved, do they/could they offer a lessor card?

Inquires hold less weight after 6 months and after a year not figured into your credit score. After 2 years no longer on your credit report.

Re: Chase

rebuildmeSC — Wed, 06 Nov 2013 15:42:17 GMT

I have 2 chase accounts and both were done by getting RECON. BP(1K) and Freedom (500) and they pulled TU for BP and it didnt show for for Freedom...

Again it's All based on your overall report how many lates? INQ? Ratio? and overall score. So some people might have 750 and 23 apps and get denied because of 23 apps. some might have 640 and no apps but one bad from years ago and get approved so its all about how they view you risk wise. So i think the question is what CHASE card are you looking to get?? and why? because different cards different perks.

Re: Chase

Irisa — Wed, 06 Nov 2013 15:46:35 GMT

From what I've read, Chase uses their own internal score which includes more than your FICO score. I'm not sure anyone really knows exactly what that internal score consists of, but if you are not instantly approved for a card, they are very good with recons. Good luck

Re: Chase

coldnmn — Wed, 06 Nov 2013 15:53:27 GMT

@Irisa wrote:
From what I've read, Chase uses their own internal score which includes more than your FICO score. I'm not sure anyone really knows exactly what that internal score consists of, but if you are not instantly approved for a card, they are very good with recons. Good luck ;

+1 And they will not consider you for a lesser card at time of application to answer your question. Only walmart and a few other cc companies do that.

Re: Chase

Jaxavier — Wed, 06 Nov 2013 16:00:21 GMT

Thank you all again. I only came to Chase after reading about trying the pre-qualifed route and did so and gave me some offers. My credit file is relatively thin with total of 9 accounts, 7 good, 2 bad (1 of 2 is a paid/closed auto loan with just one late 5.5 years ago) so my only concern is over the 1 other negative besides waiting for TU to update. Good to know about recon -- is there an underwriting phone # to contact for this?

Re: Chase

Anonymous — Wed, 06 Nov 2013 16:07:07 GMT

@Jaxavier wrote:
Thank you. Checked out whogavemecredit, but wondering how accurate that even is. I see denials with high scores, and approvals with lows so something else is in the mix, plus can't always tell which report they pulled. FICO from auto lender put me at 760 and FAKO at 705 but IDK what Chase will see on the real score.

Both are self-reporting and thus potentially filled with poor data. I don't know why people recommend whogavemecredit, I hate the interface (and don't like Fleet bank being on the home page, update it!).

I also look at Credit Karma sometimes. This lists the average score and minimum score based on the CK records. (I don't know if it is score at the time of application through CK, or score now, which is less useful, but still interesting!). And yes, FAKO scores, but you can compare it to your FAKO score and I think that is still more meaningful than what someone self-reported

Re: Chase

coldnmn — Wed, 06 Nov 2013 16:22:43 GMT

@Anonymous wrote:
@Jaxavier wrote:
Thank you. Checked out whogavemecredit, but wondering how accurate that even is. I see denials with high scores, and approvals with lows so something else is in the mix, plus can't always tell which report they pulled. FICO from auto lender put me at 760 and FAKO at 705 but IDK what Chase will see on the real score.
Both are self-reporting and thus potentially filled with poor data. I don't know why people recommend whogavemecredit, I hate the interface (and don't like Fleet bank being on the home page, update it!).

I also look at Credit Karma sometimes. This lists the average score and minimum score based on the CK records. (I don't know if it is score at the time of application through CK, or score now, which is less useful, but still interesting!). And yes, FAKO scores, but you can compare it to your FAKO score and I think that is still more meaningful than what someone self-reported

Good to know! Thanks for your opinion. Now let's let them decide for themselves and make their own decision on the matter.

Re: Chase

rebuildmeSC — Wed, 06 Nov 2013 16:59:40 GMT

Find all RECON #s here some are outdated but the chase is the one i used (http://ficoforums.myfico.com/t5/Credit-Cards/Backdoor-Numbers/td-p/408066)

THANKS

Re: Chase

Anonymous — Wed, 06 Nov 2013 17:07:08 GMT

@coldnmn wrote:
Good to know! Thanks for your opinion. Now let's let them decide for themselves and make their own decision on the matter.

As compared to what? I could issue Order of Control A-4353-34343 (Authorization of Summary Execution for mentioning "whogavemecredit" 2013)

forcing people to agree with me, but I usually do not.

Everything here is "In my opinion", what else could it be?

Re: Chase

coldnmn — Wed, 06 Nov 2013 17:37:01 GMT

@Anonymous wrote:
@coldnmn wrote:
Good to know! Thanks for your opinion. Now let's let them decide for themselves and make theirit.own decision on the matter.
As compared to what? I could issue Order of Control A-4353-34343 (Authorization of Summary Execution for mentioning "whogavemecredit" 2013)
forcing people to agree with me, but I usually do not.

Everything here is "In my opinion", what else could it be?

If I'm removed I can live with the satisfaction I tried to do my best to pay it forward. I can live with that and feel good

about it and not feel any anger toward you or the Myfico family.

Re: Chase

rebuildmeSC — Wed, 06 Nov 2013 17:44:52 GMT

Some Pretty Strict stuff for mentioning a site.