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Sorry about the denial
Sorry to hear about your denial I'm still waiting for my letter, no change yet on automated line.
Sorry about the denial, this also shows that the 7-10 indication is usually a denial.
Hello fellow Commerce Bank'er!
@cartwrna wrote:
I got my letter today, denial. Reason was too many accounts in a 2 year period blahhhh
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.
@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.