Like a dummy I applied and got denied. Then recon'd. Was on the phone for 30 minutes (literally) answering tons of questions and on hold. He eventually came back and said he's given his recommendation and it was going to someone else. He said I should hear something 7-14 days. So what are my odds? Doesn't sound great! ;-(
I didn't really wait long enough to get denial reasons. I recon'd immediately.
My gut is utilization (89% on AU / MINE IS 0% with no debt). He asked me about my AU and if I was responsible for it and I said no. He acted like he was unsure of it was an AU or not. Either way I was on the phone another 30 minutes verifying some old lates, work info, etc. He said he gave his recommendation and it was on to the next person. Maybe this means he gave the go ahead? or they wouldn't bother sending it anywhere else? 14 days is on the auto line. He said 7-14 days.
It's simply a standard protocol since you requested the reconsideration, but potentially there's some items working against your profile, especially the delinquencies and whatever other reasons that didn't meet the approval criteria.
Some of your other threads indicate you were denied for PenFed not long ago, NFCU only approved for $1K. Are those FICO scores listed in your signature?
+1 - If you were declined for the PenFed and only approved for 1k (NFCU) then that could play a role as well as you've been taking inquiries on your credit report. 2 weeks is protocol and no one can say if its an approval or no but the customer service rep that you talked to (form the recon line) can approve applications so why wouldn't he/she do it at that moment and transfer your application to someone else? Just something to consider.
Yeah, I agree with you.
Here is my story with Chase: I applied for the CSP maybe like 4 months after getting denied for the old Amex Premier Rewards (now called Amex Gold) and I got the "we couldn't make a decision right now" message. At that time I had one other chase Card (Chase Slate that actually got upgraded to the Freedom Unlimited and I've had it for a little bit over 2 years) and I thought I had a good chance of approval (my credit score was around 680).
I kept calling the automated line for 3 days straight without an answer, I was getting the message that "Chase would let me know within 30 days". One afternoon I called and got the message that I was approved and I got the minimum credit limit for that card - 5k. As far as I understand, someone had to go through my application and actually take it or deny it (luckily, in my situation I got approved).
This is a fantastic story!!!! Thank you so much for sharing!