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Chase Slate/application status?

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myjourney
Super Contributor

Re: Chase Slate/application status?

Sorry about the denial 

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 11 of 18
Anonymous
Not applicable

Re: Chase Slate/application status?

Sorry to hear about your denial Smiley Sad I'm still waiting for my letter, no change yet on automated line.

Message 12 of 18
cartwrna
Valued Contributor

Re: Chase Slate/application status?

My automated recording still says being reviewed lol. I'm okay, I can wait a few years. Don't really need it, just wanted it :-P
Don’t take your credit for granted, use it with care! These days, catch me in the bankruptcy forum!?
Message 13 of 18
Anonymous
Not applicable

Re: Chase Slate/application status?

Yikes still? lol I better not get my hopes up!

A couple years will go faster than it seems I'll bet Smiley Happy
Message 14 of 18
Discover2016
Valued Contributor

Re: Chase Slate/application status?

Sorry about the denial, this also shows that the 7-10 indication is usually a denial.

Gardening until September 2025
Next app: Mortgage in September 2025
Message 15 of 18
Anonymous
Not applicable

Re: Chase Slate/application status?

Hello fellow Commerce Bank'er! 


@cartwrna wrote:
I got my letter today, denial. Reason was too many accounts in a 2 year period blahhhh

 

Message 16 of 18
gdale6
Moderator Emeritus

Re: Chase Slate/application status?

I believe the Chase 5/24 is disciminatory in nature and that someone will bring suit against them for it. Might be the CFPB if there are enough complaints against them or a class action.

Message 17 of 18
FinStar
Moderator Emeritus

Re: Chase Slate/application status?


@gdale6 wrote:

I believe the Chase 5/24 is disciminatory in nature and that someone will bring suit against them for it. Might be the CFPB if there are enough complaints against them or a class action.


Trust me, Chase has vetted to ensure they're not skirting anywhere within the "discriminatory" practices since the actual denial reasons comply with the ECOA , CCPA, and the FCRA.  While on the surface it may seem "unfair", risk mitigating factors (or whichever economic conditions are cited) will have more bearing in latitude with any lawsuits brought upon them.   I'm sure some individuals can exercise their legal options, but they're not violating any laws.

Message 18 of 18
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