Chase freedom denied

[Anonymous]

morning all 

I have just applied for chase freedom and was denied I try the recon and told me is was due to too many inq (12) and a high uti (40%)I been banking with chase for 2 yrs , I have no baddies in my report and currently my old cards cl have automatic increase I have paid 3 of them to 0 lowering my overal uti ( and I have 100% payment history idk why they didn't approve me? Any help on how to recon this? Thank u all

[Anonymous]

They didn't approve you bc of the reasons they stated - high inqs and high util...
Banking with Chase doesn't erase either of those issues. If possible I would wait a few months to get util below 10% and try again. As far as the inqs if its 12 within the last year you may be able to satisfactorily explain those but if its 12 in the last six months might be a long shot. Good luck

[Anonymous]

I would wait a year, bring util down to below 10%.

[chalupaman]

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@Joeliz27 wrote:

morning all 

I have just applied for chase freedom and was denied I try the recon and told me is was due to too many inq (12) and a high uti (40%)I been banking with chase for 2 yrs , I have no baddies in my report and currently my old cards cl have automatic increase I have paid 3 of them to 0 lowering my overal uti ( and I have 100% payment history idk why they didn't approve me? Any help on how to recon this? Thank u all

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I always thought Freedom was an odd bird of a card to get. Who knows. You might even be able to get a Mariott on that same pull. 

[Anonymous]

Utilization is key! Work on it to bring it under 10% and you'll see how things turn around.

[joedtx]

Agreed, just pay down your utilization and the Freedom will be yours besides it will work towards your advantage because one thing not mentioned often is that Chase loves to give high APR  and isn't as keen on reducing it so hopefully this will help in giving your more favorable terms.

[TURNERHOOVER]

If your credit profile is on the "thin side" like mine, then those INQs killed your app pretty much. 

[Anonymous]

I was approved last week for 4.5k with a 675 TU, 2 paid PR and 4 other baddies in which two are unpaid. I had about 12 inq and 2 recently open Barclays cards within 3 month of each other. My utilization at the time was about 12%. I did not have a previous banking relationship with them nor was I pre qualifed.

My case may be unique.

[Anonymous]

Thanx all for the reponse , i called them and the lady told me to wait till my new report show my new cl increase and my utilization has gone down since i have paid my card and lower them it still not showing on the repot they pull which it was ex, she told me to call before the 30 and see if they can check again, my best credit score is eq 678 which they pull that one only 9 inq

[Anonymous]

*wish they pull that one , sorry auto correct