topic Re: Chase Charge Off in Credit Cards

Chase Charge Off

bizzyballa31 — Thu, 20 Mar 2014 19:56:34 GMT

I just got denied for a Chase Freedom because I had a charge off with them 8+ years ago!! I was planning on letting this app ride if I got denied but I needed to find out how long I would be black listed with them. After calling, they still denied me for too many inquiries. Okay I can live with that because I do have a lot. Judging by my denial letter and the lack of a credit score on it they never even checked my CR and just denied me based on their internal report.

On the bright side my Barclays Rewards card just came today.

Re: Chase Charge Off

gdale6 — Thu, 20 Mar 2014 20:25:12 GMT

Try after 9.5 yrs.

Re: Chase Charge Off

bizzyballa31 — Thu, 20 Mar 2014 20:36:01 GMT

I'll just make it an even 10. It just surprised me especially since it was a toy card from when I was 19 or 20. They really don't mess around.

Re: Chase Charge Off

coldnmn — Thu, 20 Mar 2014 20:45:45 GMT

It's been over 15 years for me!

Re: Chase Charge Off

bizzyballa31 — Thu, 20 Mar 2014 20:50:38 GMT

15 wow. That is crazy. I'll just garden my barclay to get the arrival.

Re: Chase Charge Off

coldnmn — Thu, 20 Mar 2014 21:00:55 GMT

@bizzyballa31 wrote:
15 wow. That is crazy. I'll just garden my barclay to get the arrival.

Worst part it wasn't with Chase it was a card they took over. They did a HP and denied me for past negative account.

Re: Chase Charge Off

bizzyballa31 — Thu, 20 Mar 2014 21:49:10 GMT

That's really wild. I guess they are in such demand right now that they can afford to be picky.

Re: Chase Charge Off

Anonymous — Thu, 20 Mar 2014 22:10:21 GMT

whenever you burn a lender, chances are they will blacklist you temporarily.

the duration varies depending on the lender's policies, and possibly on the amount you burned them for, but Chase, Citi and Amex are well known for blacklisting people for extended periods of time.

If you are willing to repay whatever you burned them for, then chances are you will be taken off the blacklist immediately after. However, you will need to evaluate whether it's worth forking out hundreds or thousands of dollars just to have those credit cards again.

Re: Chase Charge Off

bizzyballa31 — Thu, 20 Mar 2014 22:44:21 GMT

@Anonymous wrote:
whenever you burn a lender, chances are they will blacklist you temporarily.
the duration varies depending on the lender's policies, and possibly on the amount you burned them for, but Chase, Citi and Amex are well known for blacklisting people for extended periods of time.

If you are willing to repay whatever you burned them for, then chances are you will be taken off the blacklist immediately after. However, you will need to evaluate whether it's worth forking out hundreds or thousands of dollars just to have those credit cards again.

I'm certainly not going to pay them a few hundred bucks years after it charged off and I paid a collection the money. I'm not too concerned with it. It is what it is. Luckily at the time I was burning credit bridges it was primarily with the sub prime guys so most of the big boys I have no history with.

Re: Chase Charge Off

Anonymous — Thu, 20 Mar 2014 22:50:04 GMT

@bizzyballa31 wrote:
@Anonymous wrote:
whenever you burn a lender, chances are they will blacklist you temporarily.
the duration varies depending on the lender's policies, and possibly on the amount you burned them for, but Chase, Citi and Amex are well known for blacklisting people for extended periods of time.

If you are willing to repay whatever you burned them for, then chances are you will be taken off the blacklist immediately after. However, you will need to evaluate whether it's worth forking out hundreds or thousands of dollars just to have those credit cards again.

I'm certainly not going to pay them a few hundred bucks years after it charged off and I paid a collection the money. I'm not too concerned with it. It is what it is. Luckily at the time I was burning credit bridges it was primarily with the sub prime guys so most of the big boys I have no history with.

you can always try once every year (so you don't end up with a lot of unnecessary HPs) to see if you are finally off the blacklist.

Re: Chase Charge Off

B335is — Thu, 20 Mar 2014 22:55:13 GMT

Chase has a long memory. I had to recon Freedom in November 2013 and was asked about a paid charge-off from 1998 for $2000.

Re: Chase Charge Off

n777ua — Thu, 20 Mar 2014 23:58:15 GMT

Friend of mine had $13750 charged off in 1995 - he has never been able to re-establish with them. Last try a couple of years ago, he was told if he repaid the $13750, he "may" be able to open a credit account. He declined.

Re: Chase Charge Off

bizzyballa31 — Fri, 21 Mar 2014 00:11:55 GMT

Wow those timeframes are remarkable. At what point does it become overkill? 15 years is a lifetime. Its Amex just as bad?

Re: Chase Charge Off

Anonymous — Fri, 21 Mar 2014 00:15:28 GMT

@bizzyballa31 wrote:
Wow those timeframes are remarkable. At what point does it become overkill? 15 years is a lifetime. Its Amex just as bad?

Pretty much. there are people whom continue to be blacklisted for more than 2 decades by citi as well.

Re: Chase Charge Off

bizzyballa31 — Fri, 21 Mar 2014 00:25:10 GMT

@Anonymous wrote:
@bizzyballa31 wrote:
Wow those timeframes are remarkable. At what point does it become overkill? 15 years is a lifetime. Its Amex just as bad?
Pretty much. there are people whom continue to be blacklisted for more than 2 decades by citi as well.

Well then I shall do everything in my power to not upset Citi.

Re: Chase Charge Off

sjt — Sun, 23 Mar 2014 01:25:51 GMT

@bizzyballa31 wrote:
I just got denied for a Chase Freedom because I had a charge off with them 8+ years ago!! I was planning on letting this app ride if I got denied but I needed to find out how long I would be black listed with them. After calling, they still denied me for too many inquiries. Okay I can live with that because I do have a lot. Judging by my denial letter and the lack of a credit score on it they never even checked my CR and just denied me based on their internal report.

On the bright side my Barclays Rewards card just came today.

I would call for a recon and see what they have to say. There have been plenty of people that obtained a Chase Card with a CO after they called for a recon.

Re: Chase Charge Off

sjt — Sun, 23 Mar 2014 01:39:04 GMT

@n777ua wrote:
Friend of mine had $13750 charged off in 1995 - he has never been able to re-establish with them. Last try a couple of years ago, he was told if he repaid the $13750, he "may" be able to open a credit account. He declined.

Im suprised Chase did not sell the account to a JDB.

Re: Chase Charge Off

n777ua — Tue, 25 Mar 2014 23:45:45 GMT

Correction - BK7; not charge off.

@sjt wrote:
@n777ua wrote:
Friend of mine had $13750 charged off in 1995 - he has never been able to re-establish with them. Last try a couple of years ago, he was told if he repaid the $13750, he "may" be able to open a credit account. He declined.
Im suprised Chase did not sell the account to a JDB.

Re: Chase Charge Off

Uppingmyscore — Wed, 26 Mar 2014 00:21:13 GMT

I have a Chase CO on my credit report from 2010 and was approved today for $4,000 on the Freedom Card.

The account started as Providian to Washington Mutal to Chase. I got the your account is under review message called the backdoor number and got approved. My Chase-CO was paid so I know that played a major roll in approving me.

Anything possible so recon and tell them why you should have their card.

Re: Chase Charge Off

H4LO — Wed, 26 Mar 2014 00:29:03 GMT

@bizzyballa31 wrote:
Wow those timeframes are remarkable. At what point does it become overkill? 15 years is a lifetime. Its Amex just as bad?

I'm a little confused here...

Nothing is overkill.

You took their money, used it, bought whatever you did buy and burned them. A debt is a debt, it's as simple as that.