cancel
Showing results for 
Search instead for 
Did you mean: 

Fell off the wagon (CSP)

Highlighted
Frequent Contributor

Re: Fell off the wagon (CSP)

That's what I figured, just was random musing. I've got no further goals so after this is just more gardening. Smiley Happy

$1,000 is a lot to owe, yet little to have.
Credit Cards

Debit Cards



Message 11 of 22
Highlighted
Moderator

Re: Fell off the wagon (CSP)

@Masterlink  I really hope you get it.

Fingers crossed all the way for you! 

Message 12 of 22
Highlighted
Super Contributor

Re: Fell off the wagon (CSP)

Good luck on your application!
Message 13 of 22
Highlighted
Frequent Contributor

Re: Fell off the wagon (CSP)

I remember that thread one bit.

 

I am now in a Chase battle trying to get an rewards that will benefit me. I am stuck until June to stab Chase again.

MSGCU Rewards | $5k | 10/2/2020 | 9.25% APRDiscover Student Cash It | $3,550 | 1/4/2019 | 12.99% APRAmex 1.5% CB | $3.9k | 7/3/2019 | 20.99% APRBest Buy Store Card | $3kChase Student Card | $1k | 4/10/2020 | 14.99% APRDiscover Cash It | $1,500 | 10/2/2020 | 11.99% APRCiti DC | $3.5k | 10/14/2020 | 16.99% APR

Loans
Ford Credit Car Loan 3-year 7/31/2018 ($199.26/month)
$8,000 DCU Personal Loan 5-year 5.99% 10/2/2020 ($155.38/month)

Closed
Michigan Schools & Gov't CU Titanium 1/4/2019 - 10/2/2020

Future Potenital Cards
AOD 3%
Gas Card 4% or 5%
Dining & Enterainment 3%
Amazon 5%
USB Cash 5% (Cable and Phone)
BOA Cash Rewards (if it ever goes back to Mastercard)
Message 14 of 22
Highlighted
Frequent Contributor

Re: Fell off the wagon (CSP)

Here's a fun anecdote... After I got home yesterday, the same day applying for the CSP, I find an invitation from MasterCard for their "Black Card" with a set apr of 16.25% in my mailbox. If I can get "invitations" from MasterCard for a more luxurious card than what I'm applying for and Chase declines me.... What will that say? Smiley Tongue

 

.... Probably that Chase hates me. *shrug* automated line still saying 30 days, so at least it's going to an underwriter.

$1,000 is a lot to owe, yet little to have.
Credit Cards

Debit Cards



Message 15 of 22
Highlighted
Moderator

Re: Fell off the wagon (CSP)

The Black Card from Barclay? 
You'd rather get the card you're waiting on the approval Smiley Wink

Got some pruning to do... No more new cards!
Message 16 of 22
Highlighted
Frequent Contributor

Re: Fell off the wagon (CSP)


@JAG73 wrote:

The Black Card from Barclay? 
You'd rather get the card you're waiting for Smiley Wink


I have no desire for the black card (unless it says Amex... Smiley Wink

$1,000 is a lot to owe, yet little to have.
Credit Cards

Debit Cards



Message 17 of 22
Highlighted
Frequent Contributor

Re: Fell off the wagon (CSP)

Hrm, well got an update. Automated line moved to the 7-10 days... I bet it's a denial with a "Previous unsatisfactory relationship" reasoning. That's what they told me last time when they closed my 0 balance CFU.

$1,000 is a lot to owe, yet little to have.
Credit Cards

Debit Cards



Message 18 of 22
Highlighted
Moderator Emeritus

Re: Fell off the wagon (CSP)


@Masterlink wrote:

Hrm, well got an update. Automated line moved to the 7-10 days... I bet it's a denial with a "Previous unsatisfactory relationship" reasoning. That's what they told me last time when they closed my 0 balance CFU.


More than likely since it's doubtful 'verification' may be required at this point given you previously had accounts with Chase.

 

Update your thread with the outcome either way.  This can help others with a similar situation. 

Message 19 of 22
Highlighted
Frequent Contributor

Re: Fell off the wagon (CSP)


@FinStar wrote:

@Masterlink wrote:

Hrm, well got an update. Automated line moved to the 7-10 days... I bet it's a denial with a "Previous unsatisfactory relationship" reasoning. That's what they told me last time when they closed my 0 balance CFU.


More than likely since it's doubtful 'verification' may be required at this point given you previously had accounts with Chase.

 

Update your thread with the outcome either way.  This can help others with a similar situation. 


Got an update and a data point... Apparently they must have changed internal policy. My deniel reasons are as follows:

 

Insufficient credit information

Oldest  revolving account has not been opened long enough

 

My Oldest card has been open for 3 years, 4 months... hrm. Called in and spoke with a very bored sounding woman with a monotone voice (Mod cut - not here, please - per forum guidelines). She told me the same thing the letter did, and said the oldest one showing that 'qualified' was my Synchrony card. Since it requires at least 5k, she couldn't give me the 5k required to open the card.

 

My guess: Now they only consider cards over the starting CL of the one you're applying for, so they completely ignored all my other cards and based my credit profile on my paypal card alone. Which is a $10k card opened exactly one year ago. I had mentioned my other cards and she said the synchrony card was the only one showing on the application until she looked at my report and mentioned since none of my others were 5k, they didn't qualify to apply for the CSP.

 

Edit: Score on denial letter was Equifax on 02-19-2020: 728

$1,000 is a lot to owe, yet little to have.
Credit Cards

Debit Cards



Message 20 of 22
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.