@Anonymous wrote:
@Anonymous wrote:
@pricetyler i've read chase likes to see atleast one cl of 5k=<. thanks for your help. i'll see if i apply as soon as i pay this month statement (1-2weeks). hopefully i'll have good news.I was just in another discussion where others thought that Chase wants to see at least 5k in CLs before approving the CSP. I disagreed everyone and told the person to go for it since they were pre-qualified for it (they only had 1 credit card which had a 3k CL--that's it). Anyway, they were approved for the CSP with a great SL... So I don't think the 5k thing really applies anymore. I'm thinking that perhaps with Chase's new policies, maybe they're are targeting people with thinner files--I don't know. I just know that someone just got approved with only one 3k card in their file. So if you have a pre-qual offer on Chase's site, I say go for it.
It depends. I didn't and got approved myself with a lot of inqs on my ex report around 28 and got $5,000.
@Anonymous wrote:
@Closingracer99 wrote:It depends. I didn't and got approved myself with a lot of inqs on my ex report around 28 and got $5,000.
When did you get approved?
August 2014.
@Anonymous wrote:
@Anonymous wrote:
@pricetyler i've read chase likes to see atleast one cl of 5k=<. thanks for your help. i'll see if i apply as soon as i pay this month statement (1-2weeks). hopefully i'll have good news.I was just in another discussion where others thought that Chase wants to see at least 5k in CLs before approving the CSP. I disagreed everyone and told the person to go for it since they were pre-qualified for it (they only had 1 credit card which had a 3k CL--that's it). Anyway, they were approved for the CSP with a great SL... So I don't think the 5k thing really applies anymore. I'm thinking that perhaps with Chase's new policies, maybe they're are targeting people with thinner files--I don't know. I just know that someone just got approved with only one 3k card in their file. So if you have a pre-qual offer on Chase's site, I say go for it.
That's been all over the map tor the last few years; some theorized that it had to do with prior Chase (especially non-trivial deposits) relationships, though we saw some that didn't have that either. Like anything it's all anecdotal evidence.
In my personal experience, YMMV, Chase only sends out pre-quals when you're in fact overqualified for the card. I could've gotten it 2ish years ago based on common UW guidelines at the time, probably started getting the pop up on their pre-qual site maybe a year ago, and about six months ago started to get them in the mail too. Not certain if I did something tracked on line to generate the mailer offers or not but I get CSP and Slate mailers fairly regularly. Only other ones I get these days are business card solicitations.
@Revelate wrote:That's been all over the map tor the last few years; some theorized that it had to do with prior Chase (especially non-trivial deposits) relationships, though we saw some that didn't have that either. Like anything it's all anecdotal evidence.
In my personal experience, YMMV, Chase only sends out pre-quals when you're in fact overqualified for the card. I could've gotten it 2ish years ago based on common UW guidelines at the time, probably started getting the pop up on their pre-qual site maybe a year ago, and about six months ago started to get them in the mail too. Not certain if I did something tracked on line to generate the mailer offers or not but I get CSP and Slate mailers fairly regularly. Only other ones I get these days are business card solicitations.
I agree, it's hard to theorize what will get someone approved with Chase and what won't. I think this goes for any lender. Not to mention it seems like their UW criteria changes from time to time, so it's hard to say what they're looking for.
As far as pre-approvals go, I have no idea what triggers them (especially mailers). I wish I knew so I could work on it 