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In the past, i have avoided credit cards mainly because of miseducation. Recently,i was approved for a discover it card with a $5500 CL. Now I’m thinking that I should apply for a Chase card because of the offers and rewards. Honestly, I’m reluctant because my Ex-718, TU-667, and EQ-642. I’m not sure how Chase will look at those scores.
How long is your credit history? Do you have any CCs older than a year. Your scores won't stop you from being approved However, little to no credit history will.
We should be able to give more suggestions if you can list all your accounts' opening dates, credit limits, utilization, etc. Also if you have any negative items on credit reports, and where each of the scores you got from. Do you have any banking relationship with Chase?
Chase in 2018 has been a lot more tricky than before. Basically all that 5/24 rule added to most of their cards meaning if you have 5 or more credit cards opened in the last 24 months then Chase will immediately decline your application for certain cards from them. They also prefer seeing at least 1--2 years of credit history now. Moreover, a lot more people have been reporting recent shutdowns by Chase when applying for cards from them and getting approved.
I had about a 640-650 score when I applied for a Freedom Unlimited two months ago. I got instant approval for 6k. I've been banking with Chase for 10+ years though, not sure if they weigh that. I think it's worth a shot though, you should get approved.
I’m a AU on a compass bank visa since 8/14 12k SL and also NFCU 10/16 32k SL. Utilization on these 2 cards is about 42% I have 1 baddie on EQ. Those are the only cards i have outside of my discover IT card. I do have a chase checking account. I think I’m answering my own question as I type this. Maybe, get the UT down and wait until I get the baddie off of EQ before I apply? Ive just read so much in the forum I figured I should get Chase in my wallet first!
I could be totally wrong. I'm new to all of this and not sure if it would hurt you. But couldn't you just apply now and see, then if you don't get it, wait a few months until you get your credit utilization down a little then reapply? Maybe it wouldn't really hurt to apply now? Not sure on this. I'm in the same situation kinda, wondering if I should apply now for the Chase Sapphire Reserve or wait a few weeks, or just apply now and later if I get turned down.