Denial-CSP.

[Anonymous]

Hi all,

Unfortunately denied for CSP this morning after calling recon line. Initially got the 30 day message after applying online. Called the automated line and got the 7-10 day message. Took that as a denial so called the recon line.

Only moved to US last January so have limited history.
Denied for CSP in late November due to low limits. Have since increased limits on disc to 4K and Amazon to 5k. Hence, I was denied now for "limited hx" and too many inquiries(11 in last year).

I thought improving limits would have got me through by apparently not.

Disc 4K, Amazon store 5K, WF platinum 500, cap QS 1.1k

Ck TU 720, eQ 728, fico 8(disc) 719. AAOA 10 months.

[DeeBee78]

You need to get one of your major cards to report a limit over 5K. Chase does not like to be the first, and they constantly deny people for the CSP for not having a major card over 5K. 

You also have no history with Chase, and they do use internal scoring to make lending decisions. Maybe start with a lower-tier Chase card?

A couple more CLI's with Discover should be good enough. Let that 5K+ limit report for 6 months, and you're going to be in a much better position for approval. 

[Anonymous]

---

@DeeBee78 wrote:

You need to get one of your major cards to report a limit over 5K. Chase does not like to be the first, and they constantly deny people for the CSP for not having a major card over 5K. 

You also have no history with Chase, and they do use internal scoring to make lending decisions. Maybe start with a lower-tier Chase card?

A couple more CLI's with Discover should be good enough. Let that 5K+ limit report for 6 months, and you're going to be in a much better position for approval. 

---

I think it is more of an overall history than just this. CSP was my first Chase card and first limit over I think 3k. I might have had a CLI on the Quicksilver putting it at 6k just prior to CSP but in any case they originally approved me for 9k which at that time was definitely the largest SL I'd been given, and at least 3k higher than the next highest limit.

However, I had some credit history going back about 10 years at that point.