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I am happily sharing I am the cardholder of a shiny new CSR after a truly strange run of events from Chase. Chase gave me a ~20k CL.
I have my info on a previous post: https://ficoforums.myfico.com/t5/Credit-Card-Applications/CSR-Approval-Chances-Short-History/m-p/534....
Apparently my internal Chase credit score is 710, as an additional data point.
But things have gotten weirder since then. After about 6 weeks of having both the Freedom and the Freedom Unlimited, Chase AA'd the Freedom because I had "opened too many cards recently and exceeded my internal credit limit." As you can see, I had not opened any cards except with Chase since May, and only had two cards before the Freedoms. I called and they said apparently some bean counter got nervous, they wouldn't reverse the decision.
Anyway, I'm about to purchase a large number of travel rewardable stuff (Airfare, Airbnb, etc), so I needed to app for the CSR now to use it. I figured I might as well combine requests for the CSR, and failing that, the CSP. And I got it. So, like, 4 weeks after an AA, got a new card with 5x the credit limit of the previous card - which was closed because I had too much credit with Chase. Mind blown.
I suppose they could still AA the CSR, but I called in and the analyst said she saw nothing wrong, no reason Chase would AA. Go figure.
Congrats on your approval!
Congrats on your CSR approval! Wow, from AA to CSR! 180 twist and turn. lol
Boy that was an interesting chain of events, but.... congrats on the CSR. As you mentioned, I sure hope they don't take the same action on the CSR! Keep us updated.
It stands for Adverse Action and it what takes place when a lending firm no longer trusts you with the credit they've granted you and begins to take action against your accounts either through balance chasing (continually lowering your credit limit to your current balance on that card as you make payments on it), or just completely closing accounts that you have open with them
TU: 743 [2 Inquiry] | EQ: 742 (FAKO) [0 Inquiry] | EX: 753 [4 Inquiries]
AAoA = 2 years, AAoOA = 3 year 1 months
Its only really a few lenders that you have to be careful with about that. The only lenders that i know that do that is really Barclays, Comenity and Chase and most scenarios that i see it in is when someone opens a card with one of these banks and continues to acquire alot more credit from other lenders. Essentially, don't open a credit card with these banks and immediately acquire alot more credit from other lenders. Let the accounts age a little bit before you do or you run the risk of them resorting to adverse action
TU: 743 [2 Inquiry] | EQ: 742 (FAKO) [0 Inquiry] | EX: 753 [4 Inquiries]
AAoA = 2 years, AAoOA = 3 year 1 months