debt settlement with chase, applying for CC with them

[Anonymous]

A long time ago, i messed around and got into a lot of cc debt. 

one was with chase. and i settled with them. 

its been about 4.5 years since i settled. 

ive applied once early last year, and i think once 2 years ago. both times, i was denied. 

i was in the high 670s then. 

I've slowly built up my score back up to the 730s. 

my questions:

Will chase forever ban me from getting a credit card with them?

I know credit entries take 7 years to disappear, but im sure chase will keep a record of my chargeoff forever, since its their on record. 

Should I wait comepletely until it dropss off my report?

Thanks guys! 

My chase entry shows the following:

Last Reported

Oct 01, 2011

Account Status

Closed - Paid and Closed

Remarks

Account paid for less than full balance
Charged off account

[Anonymous]

Mods:

Pardon me if this this not belong here. 

Please move to the correct forum. 

[ojefferyo]

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@Anonymous wrote:

A long time ago, i messed around and got into a lot of cc debt. 

one was with chase. and i settled with them. 

its been about 4.5 years since i settled. 

ive applied once early last year, and i think once 2 years ago. both times, i was denied. 

i was in the high 670s then. 

I've slowly built up my score back up to the 730s. 

my questions:

Will chase forever ban me from getting a credit card with them?

I know credit entries take 7 years to disappear, but im sure chase will keep a record of my chargeoff forever, since its their on record. 

Should I wait comepletely until it dropss off my report?

Thanks guys! 

My chase entry shows the following:

Last Reported

Oct 01, 2011

Account Status

Closed - Paid and Closed

Remarks

Account paid for less than full balance
Charged off account

---

It makes no difference whether it drops off you reports or not if they have it on their internal system. Good news is you settled and paid. Members on here have gotten back with them but it did take awhile and for some on here they were not able to get back in yet. It will take some time but you may want to give the analyst a call and see what they say about your situation. 

[Creditplz]

I burned them on a Checking account and left a $700 balance on it, paid it in full recently and applied for a card this past week, approval of 15k. Their internal score stated 650's and my Fico 8 EX is 731.. So maybe they will let you in, maybe not?.

[Creditplz]

Oh and my account was charged off like yours too, but I paid the full amount.

[ttleigh]

About 8 years ago I had a judgement on a cc with chase. It was paid in full in 2009. I have not been able to get back in with them. I am so blacklisted they don't even hard pull my credit report. They have 2-3 cards I would really like so maybe someday.....

[RonM21]

As already suggested, it wouldn't hurt to give them a call and see if they can't tell you where you stand. It sounds like each one of these situations me be handled differently.

[thummel]

Well only way to know is to give it a shot and to apply for something. I don't think they ban people forever unless you burn them for quite a bit. Then that might be a different story. But I'm willing to bet since you had a settlement with Chase, your internal CARS score with them is llower them your reports high matters quite a bit.Doesn't matter what drops off your report from them. They can still see it for years and years to come. Best of luck!

[Pway]

Chase has a long internal memory. 

[Anonymous]

thanks for all the tips and experiences. 

i didnt pay off in full, and i feel like thats whats causing the most damage. I did try calling them and asking them if i can pay the difference, but they said theres no way to update their internal records, and that id be just wasting my money. 

No one could give me a straight answer about applying for card. Ive tried to apply for chase cards last year, and was denied. 

according to credit karma, my TU is 744 and EQ is 739.

i can try calling again, but i feel like im just going to get the run around.