topic Re: Rejected in Credit Cards

Rejected

ando35 — Sun, 13 Apr 2014 17:30:54 GMT

So I applied for a Chase Freedom card with a 703 TU and 696 Equifax and a BK 7 years ago. Rejected. Your score means nothing. 700 is not "good".

Re: Rejected

coldnmn — Sun, 13 Apr 2014 17:35:20 GMT

They are not BK friendly they go by the whole credit report not just credit score. If you included them in BK they blacklist long after it's gone from your credit report.

Re: Rejected

greatness1 — Sun, 13 Apr 2014 18:12:45 GMT

Try both number some people had to call 3-4 times

Chase: 888-270-2127 App recon
Chase: 888-245-0625 Credit Analyst - Recons

Re: Rejected

eagle2013 — Sun, 13 Apr 2014 18:12:46 GMT

@ando35 wrote:
So I applied for a Chase Freedom card with a 703 TU and 696 Equifax and a BK 7 years ago. Rejected. Your score means nothing. 700 is not "good".

With that serious of a deragatory instant approvals, rarely, if ever happen. What other tradelines do you have and how long? I would try the reconsideration line in the backdoor thread. All may not be lost.

Re: Rejected

Anonymous — Sun, 13 Apr 2014 18:15:50 GMT

@ando35 wrote:
So I applied for a Chase Freedom card with a 703 TU and 696 Equifax and a BK 7 years ago. Rejected. Your score means nothing. 700 is not "good".

In addition to Chase not being real BK friendly they have always pulled my Experian exclusively. Give recon a call but are those scores true fico scores and what is your EX?

Re: Rejected

Creditaddict — Sun, 13 Apr 2014 18:27:43 GMT

@ando35 wrote:
So I applied for a Chase Freedom card with a 703 TU and 696 Equifax and a BK 7 years ago. Rejected. Your score means nothing. 700 is not "good".

What is your EX?

Was Chase in your BK? or Providian or Washington Mutual for that matter!?

Re: Rejected

navigatethis12 — Sun, 13 Apr 2014 19:20:36 GMT

@ando35 wrote:
Your score means nothing. 700 is not "good".

You're right and wrong. 700 is good, but a bankruptcy or other derogatory information is not. It's possible to have middle or low 700's with one or two cards and only one to two years of history. Scores really do mean nothing and people need to understand that when applying. People are ready to go crazy because they have an 800 score but get declined by someone. Most likely the bankruptcy is why you were declined, and in that case, a score really doesn't matter.

Re: Rejected

peaceonearth — Sun, 13 Apr 2014 20:07:33 GMT

@ando35 wrote:
So I applied for a Chase Freedom card with a 703 TU and 696 Equifax and a BK 7 years ago. Rejected. Your score means nothing. 700 is not "good".

You can have a Score of 700 or higher in a year or less after filling Bankruptcy therefore, 700 Score means nothing.

Unfortunately, I myself filed Bankruptcy due to a lawsuit years ago; and it was not an easy thing for me and it made me suffer mentally for many years.

It took me a long time to even think of applying for a credit card until; a couple of years ago when I started applying and of course I did get denied credit and I accepted the rejection, I never got mad at the lenders (if I borrowed $5000.00 from you, $15,000.00 from your neighbors and family and I never paid you or them back; would lend me another $1000.00?)

I got turned down by AMEX several times and did not get mad at AMEX in lieu; I turned into this forum seeking advice from the good folks over here.

In my opinion, no matter what the circumstances are; filling bankruptcy is a big mistake!

Re: Rejected

bk510 — Mon, 14 Apr 2014 11:51:50 GMT

@eagle2013 wrote:
@ando35 wrote:
So I applied for a Chase Freedom card with a 703 TU and 696 Equifax and a BK 7 years ago. Rejected. Your score means nothing. 700 is not "good".
With that serious of a deragatory instant approvals, rarely, if ever happen. What other tradelines do you have and how long? I would try the reconsideration line in the backdoor thread. All may not be lost.

I got approved for discover It just the other day with almost 2yr old BK.

I clicked on submit and it said need more info on the next page so filled out the page submited again and this time it said approved on a lowered term a basically 22.99 w/o any intro APR. But I'm still excited and I pay in full anyway.

Re: Rejected

bk510 — Mon, 14 Apr 2014 11:54:06 GMT

@navigatethis12 wrote:
@ando35 wrote:
Your score means nothing. 700 is not "good".
You're right and wrong. 700 is good, but a bankruptcy or other derogatory information is not. It's possible to have middle or low 700's with one or two cards and only one to two years of history. Scores really do mean nothing and people need to understand that when applying. People are ready to go crazy because they have an 800 score but get declined by someone. Most likely the bankruptcy is why you were declined, and in that case, a score really doesn't matter.

Yes the score means nothing cause I just got approved for IT.....

Re: Rejected

takeshi74 — Mon, 14 Apr 2014 12:48:43 GMT

@ando35 wrote:
So I applied for a Chase Freedom card with a 703 TU and 696 Equifax and a BK 7 years ago. Rejected. Your score means nothing. 700 is not "good".

As always, it's not just about score. Look at your entire credit picture and consider all the factors that go into your credit score.

Re: Rejected

Anonymous — Mon, 14 Apr 2014 14:27:58 GMT

@peaceonearth wrote:
In my opinion, no matter what the circumstances are; filling bankruptcy is a big mistake!

Well, perhaps a little strong! Yes, there can be serious, lasting consequences for filing. But in some cases, the alternatives are worse. Just depends. Obviously, don't file for near-frivilous reasons, but not sure anyone really does that.

Re: Rejected

DrZoidberg — Mon, 14 Apr 2014 15:37:00 GMT

You can try for a recon. I applied a year ago fora CSP and was denied. I had some bads fall of this year and I applied again and was denied again. I called and asked why and it was because of charge-offs I had WITH Chase 8 years ago. Although it was off my report it wasn't out of their system. So, on paper I was a denial, but if you actually talk to someone and explain the situation they can overturn a calculated denial.

Re: Rejected

ando35 — Mon, 14 Apr 2014 17:51:47 GMT

And another thing. I asked on this board about which card I should apply for and no one answered. They told me to use the search function which yielded only old results. I will not be asking for any more help here.

Re: Rejected

myjourney — Mon, 14 Apr 2014 18:03:01 GMT

@ando35 wrote:
And another thing. I asked on this board about which card I should apply for and no one answered. They told me to use the search function which yielded only old results. I will not be asking for any more help here.

I'll help sorry no one answered but it does happen sometimes post get passed depending on the time of day you posted

How can the forum help

Re: Rejected

ando35 — Mon, 14 Apr 2014 18:04:08 GMT

Well it was saturday night so, maybe I should have waited.

Re: Rejected

myjourney — Mon, 14 Apr 2014 18:06:18 GMT

@ando35 wrote:
Well it was saturday night so, maybe I should have waited.

I as well as others are here waiting to help so tell us

What you got?

Re: Rejected

DrZoidberg — Mon, 14 Apr 2014 18:10:48 GMT

You went for a prime card and got rejected. No sense in getting mad or throwing a fit. This is your credit profile that is tied to your life, you shouldn't apply based on what this board tells your or what card they tell you. Search around on multiple boards and sources and take in all the information and then make an informed decision on what card best suits your needs at this time. .

Some advice: Discover and Barclaycard tend to be more forgicing of COs and BKs.

Re: Rejected

myjourney — Mon, 14 Apr 2014 18:21:29 GMT

What card are you looking for?

Trying to help

Cash back or Miles

CC's you have now?

INQ's in the last year?

AAoA?

Baddies =BK 7 years ago

Re: Rejected

ando35 — Mon, 14 Apr 2014 18:58:42 GMT

Non-secured, credit limit over 1,000.

I have 3 cards low util

2 inq this year

aaoa has dropped to 7 years

bk 7 years ago.

I think I should wait since I wasted an inquiry on this chase thing.

Thank you though.