CSP Application Went to 30 Day Review - UPDATE! Denied!

[patoot10]

Op

You can always call Chase and finalize your application otherwise you may have to wait 10 days for a letter that says give us a call

[Anonymous]

---

@patoot10 wrote:
Op

You can always call Chase and finalize your application otherwise you may have to wait 10 days for a letter that says give us a call

---

I'd probably give it till next week and then call if nothing changes. I can wait, serves me right for jumping the gun too early. 

[coldfusion]

---

@JR_TX wrote:
@Clark_d_shark
Congrats on Chasing that matters! 😉
30 days usually leads to an approval!

---

30 days just means they still haven't completed their assessment, it's not a clear indicator of the outcome.   It's a change to 14 days that usually leads to an approval. 

A change from 30 days to 7-10 days isn't always a denial either.  It can also mean they need additional verification before making a final decision. 

[Anonymous]

Update: 07-25-2019

30 day msg. Just changed to 7 - 10 days around 4:46pm. Called to speak to a credit analyst and after verification, she placed me on hold for 3 mins and came back to inform me that the application is denied. Denied due to the following reasons:

- Too few accounts on file for a sufficient length of time

- Insufficient credit information

- Oldest account has not been open long enough

I opted not to move forward with recon and will keep it as is, i've read the horror stories of accounts getting closed after accepting these selected for you offers and I'm just glad the denial wasn't about Unsatisfactory relationship with Chase which ultimately will close my CFU. I was suprised to receive that offer and got ahead of myself. I think I will accept the decision and will try my luck again, once my AAoA is past 2 years. 

[AverageJoesCredit]

Sorry Clark, sometimes you are the fish, sometimes the Shark Its a Chase eats World as you know

[Anonymous]

---

@AverageJoesCredit wrote:
Sorry Clark, sometimes you are the fish, sometimes the Shark Its a Chase eats World as you know

---

Haha AJC! My shark got tanked

[FinStar]

Sorry to hear the final outcome was not in your favor, OP.

Just goes to show you that even though some may have mentioned "approved" from the get-go, it's not always a sure thing. Things are always YEMV.

That said, your DPs and experience can certainly help others when planning an application. On the upside, you still have the open 'slot' and you can try for it again once your profile has aged considerably.

[hawkins]

My thoughts exactly. You will get it just wait a bit longer and try again in day 6 months or so.

[Anonymous]

---

@FinStar wrote:
Sorry to hear the final outcome was not in your favor, OP.

Just goes to show you that even though some may have mentioned "approved" from the get-go, it's not always a sure thing. Things are always YEMV.

That said, your DPs and experience can certainly help others when planning an application. On the upside, you still have the open 'slot' and you can try for it again once your profile has aged considerably.

---

Thank you @FinStar 

That's why I opted to post the results here, also as a forewarning to those who have slightly similar profiles like myself. I lucked out for getting to keep my CFU and my checking accounts open. I am certain I went through the PRR process. But they explained that, looking at my report, they don't see me using my credit cards a lot, so they were wondering why I was trying to apply for more credit. That and my young profile of course. I didn't proceed with recon since I did realize (after the fact) that aging my profile is much more important than a new shiny. The CSP will remain as one of my goal cards and will come back for it once my profile has more history to it.

[Anonymous]

---

@hawkins wrote:
My thoughts exactly. You will get it just wait a bit longer and try again in day 6 months or so.

---

Thanks @hawkins, in the interim, I can enjoy my CFU that survived . Considered myself lucky since others have been met with account closures following an application.