topic Re: Chase EO...the wait is killing me! in Credit Cards

Chase EO...the wait is killing me!

PlasticOrPlastic — Tue, 24 Jun 2014 17:49:16 GMT

So last week I asked here for a Chase EO email address. I got it and emailed the EO for Chase, I finally heard back last night. I was declined last month for a Chase Freedom, and after trying for recon 4+ times I gave up. My last hope was an email to the EO about my experience and responsible use of credit since my BK. I mentioned I'm currently a Chase banking customer and I really want to form a lasting relationship with them. The EOR was very nice last night and told me he was turning my concerns over to the executive underwriters(?). I thanked him for his time and he said he'd be back with me in 24-48 hours. Now I wait. I have a feeling they won't be able to do anything about getting me the card but I'm trying to stay positive. If this fails, I'm officially waiting for any Chase product for the next 6-7 years....

Anybody have any luck with the EO at Chase? Or am I just wasting my time?

Re: Chase EO...the wait is killing me!

coldnmn — Tue, 24 Jun 2014 17:56:28 GMT

Good Luck!

Re: Chase EO...the wait is killing me!

PlasticOrPlastic — Tue, 24 Jun 2014 17:57:08 GMT

Thank you!

Re: Chase EO...the wait is killing me!

Anonymous — Tue, 24 Jun 2014 17:58:49 GMT

I went to Chase EO 3 years ago when my BK was 8 years old. they approved with no problem

Re: Chase EO...the wait is killing me!

PlasticOrPlastic — Tue, 24 Jun 2014 17:59:58 GMT

@Anonymous wrote:
I went to Chase EO 3 years ago when my BK was 8 years old. they approved with no problem

Thats great news! Unfortunately mine is only going on 4 years old

Re: Chase EO...the wait is killing me!

cobbson — Tue, 24 Jun 2014 18:02:05 GMT

You have to keep in mind, all credit card issuers, including Chase, are granting unsecured credit. The risk to them is high, that's why the interest rate border on usury. They have to be careful. That's why CRA exist. There are plenty of other cards if Chase doesn't pan out for you.

Re: Chase EO...the wait is killing me!

EW800 — Tue, 24 Jun 2014 18:02:36 GMT

I believe I have read of numerous success stories going through the EO, however there are also numerous reports of hitting brick walls with them, which is the category that I fall into with them. Although I never got the answer from them I wanted, they were always very nice and always did respond in the time frame promised.

Best wishes and let us know what you hear!

Re: Chase EO...the wait is killing me!

PlasticOrPlastic — Tue, 24 Jun 2014 18:06:46 GMT

@cobbson wrote:
You have to keep in mind, all credit card issuers, including Chase, are granting unsecured credit. The risk to them is high, that's why the interest rate border on usury. They have to be careful. That's why CRA exist. There are plenty of other cards if Chase doesn't pan out for you.

I have pretty much all the cards I want except Freedom/CSP and an AMEX. AMEX is a no go for at least 6-7 years from what AMEX tells me. I'm fine with higher interest rate just to get my foot in the door. I usually PIF on most of my cards anyway so higher interest wouldnt scare me away. Just wish there was a way to show them I'm no longer a risk as Im utterly obsessed with paying my bills on time and being resposible with credit...unlike in my 20's.

Re: Chase EO...the wait is killing me!

Anonymous — Tue, 24 Jun 2014 18:07:31 GMT

Would someone kindly PM me the email address for Chase EO?

Re: Chase EO...the wait is killing me!

BungalowMo — Tue, 24 Jun 2014 18:07:36 GMT

I know it's hard...but just hang in there.

When I have to wait for something like this, I always revert to my favorite online game! **warning...it's addictive!

http://www.alienbomb.com/games/1598/Ricochet-Kills-2-Players-Pack

Re: Chase EO...the wait is killing me!

PlasticOrPlastic — Tue, 24 Jun 2014 18:07:58 GMT

@EW800 wrote:
I believe I have read of numerous success stories going through the EO, however there are also numerous reports of hitting brick walls with them, which is the category that I fall into with them. Although I never got the answer from them I wanted, they were always very nice and always did respond in the time frame promised.

Best wishes and let us know what you hear!

Thanks EW800, would you mind a few more details about your situation at the time? I tend to get my hopes up for things...that way when they dont happen its even more "devestating" lol.

Re: Chase EO...the wait is killing me!

EW800 — Tue, 24 Jun 2014 18:57:39 GMT

@PlasticOrPlastic wrote:

Thanks EW800, would you mind a few more details about your situation at the time? I tend to get my hopes up for things...that way when they dont happen its even more "devestating" lol.

After reading your OP again, I think my experience with Chase EO may be different. I was tying to get a GoodWill adjustment for a baddie a couple of years ago. Although they were nice, they stuck with their line of "we are required to report accurate information". They may be able to be convinced of looking past an old BK easier than there are about making baddie adjustments. Don't be concerned about them not working with me - different circumstances. Let us know how it goes!

Re: Chase EO...the wait is killing me!

PlasticOrPlastic — Tue, 24 Jun 2014 19:23:31 GMT

Thanks for the clarification EW!

Re: Chase EO...the wait is killing me!

SomeGuyNamedFred — Tue, 24 Jun 2014 19:37:44 GMT

@PlasticOrPlastic wrote:

I have pretty much all the cards I want except Freedom/CSP and an AMEX. AMEX is a no go for at least 6-7 years from what AMEX tells me. I'm fine with higher interest rate just to get my foot in the door. I usually PIF on most of my cards anyway so higher interest wouldnt scare me away. Just wish there was a way to show them I'm no longer a risk as Im utterly obsessed with paying my bills on time and being resposible with credit...unlike in my 20's.

Question: if your bk is 4 years old (and so falls off credit reports in three years), then why would you have to wait 6-7 years? I'm under the impression that once a bk ages off your credit reports it's no longer an issue in securing new credit, unless you burned the company in which you're applying and they kept an internal record.

Re: Chase EO...the wait is killing me!

PlasticOrPlastic — Tue, 24 Jun 2014 19:42:37 GMT

@SomeGuyNamedFred wrote:
@PlasticOrPlastic wrote:

I have pretty much all the cards I want except Freedom/CSP and an AMEX. AMEX is a no go for at least 6-7 years from what AMEX tells me. I'm fine with higher interest rate just to get my foot in the door. I usually PIF on most of my cards anyway so higher interest wouldnt scare me away. Just wish there was a way to show them I'm no longer a risk as Im utterly obsessed with paying my bills on time and being resposible with credit...unlike in my 20's.
Question: if your bk is 4 years old (and so falls off credit reports in three years), then why would you have to wait 6-7 years? I'm under the impression that once a bk ages off your credit reports it's no longer an issue in securing new credit, unless you burned the company in which you're applying and they kept an internal record.

Stays on report for 10 years.

Re: Chase EO...the wait is killing me!

SomeGuyNamedFred — Tue, 24 Jun 2014 20:00:58 GMT

@PlasticOrPlastic wrote:
Stays on report for 10 years.

Oh okay thanks, I didn't realize there were different time limits depending on the type of bk. Good luck with the EO!

Re: Chase EO...the wait is killing me!

PlasticOrPlastic — Tue, 24 Jun 2014 20:10:00 GMT

@SomeGuyNamedFred wrote:
@PlasticOrPlastic wrote:
Stays on report for 10 years.
Oh okay thanks, I didn't realize there were different time limits depending on the type of bk. Good luck with the EO!

No problem, and thanks...thinking I'll need it

Re: Chase EO...the wait is killing me!

kampfer09 — Wed, 25 Jun 2014 05:33:37 GMT

Can someone email me the EO for chase. I need to ask them if I could convert my chase freedom to sig.

Re: Chase EO...the wait is killing me!

09Lexie — Wed, 25 Jun 2014 05:49:45 GMT

@kampfer09 wrote:
Can someone email me the EO for chase. I need to ask them if I could convert my chase freedom to sig.

Have you tried sending a SM first?

Re: Chase EO...the wait is killing me!

kampfer09 — Thu, 26 Jun 2014 06:45:15 GMT

I did that already and told they will forward my request to card services....I called csr and told I need to wait about a year before I can convert it sig.