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Icarus??? Chase Sapphire Preferred... LETS GO 1 2 3 4

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dk2003
Regular Contributor

Icarus??? Chase Sapphire Preferred... LETS GO 1 2 3 4

My story:

 

I applied... was denied... the end!!! I called recon, nothing... called back... nothing Smiley Sad

 

C1  now $1500 from $500

C1  now $1500 from $300

Bar now $2700 from $1000

All 3 just auto increased in the last week Smiley Indifferent

----------------------

C1   $10000 (shocked me too)--- Venture

Citi   $1000

Disc $500

Targ  $300

All 4 were acquired within the last week Smiley Surprised

---------------------

 

Did I play Icarus? Did I try to fly too high too soon???

Let us strategize... (gather round... huddle up)

 

So... I had 3 collections.... (dont judge me please) One was from a phone company (4 years ago) I was with for a month and the service was awful. I tried to return the phone but they wouldn't take it back.I wrote a letter and offered a PFD. I wrote letters to the other two (medical) One was for 35 freakin dollars the other less than 200 both as PFD. So should I reapply after this is over or give it a while???? Both ladies argued that my credit history is just over a year old (the oldest C1). I know it can be done... What are your experiences??? I can't wait to be able to update this Smiley Happy

Message 1 of 4
3 REPLIES 3
msbia
Established Contributor

Re: Icarus??? Chase Sapphire Preferred... LETS GO 1 3 4

CSP, minimum is $5k and until your Venture approval none of your limits were near that  amount. I would give it 6 months using your new Venture card with on time payments, work on those PFDs and app again. Good luck!

Personal Credit? Check. Business Credit? Check.
Mission Accomplished.
Thanks MyFico!
Message 2 of 4
dk2003
Regular Contributor

Re: Icarus??? Chase Sapphire Preferred... LETS GO 1 3 4


@msbia wrote:

CSP, minimum is $5k and until your Venture approval none of your limits were near that  amount. I would give it 6 months using your new Venture card with on time payments, work on those PFDs and app again. Good luck!


 I think I totally agree... So they mentioned that I had a limited history but I tried to argue that I had 100% on time payments on all accounts. They were both really difficult. Have you had any luck with PFDs??? I'm thinking I should wait what year??? 10 months??? that gives me 2 years of history and nearly a year with the 10k!!!

Message 3 of 4
msbia
Established Contributor

Re: Icarus??? Chase Sapphire Preferred... LETS GO 1 3 4


@dk2003 wrote:

@msbia wrote:

CSP, minimum is $5k and until your Venture approval none of your limits were near that  amount. I would give it 6 months using your new Venture card with on time payments, work on those PFDs and app again. Good luck!


 I think I totally agree... So they mentioned that I had a limited history but I tried to argue that I had 100% on time payments on all accounts. They were both really difficult. Have you had any luck with PFDs??? I'm thinking I should wait what year??? 10 months??? that gives me 2 years of history and nearly a year with the 10k!!!


Yes I've done one PFD and it was a medical collection. I actually went and paid it in person and they deleted it the following month. Definitely a YMMV situation. I would wait at least 6 months, and any longer can be to your benefit. I wish you luck!

Personal Credit? Check. Business Credit? Check.
Mission Accomplished.
Thanks MyFico!
Message 4 of 4
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