Amex & Chase Forgiveness??

[Anonymous]

Ive owed Chase in the past, About 13 yrs ago I had an accoutn that was sent to collections  I negotiated a settlement with the CA and was accepted.

I had 2 cards with Amex. 1 card went into late status, but was eventually paid in full.  The 2nd card became a charge off and sent to collections. Was not paid.

Decided to run prequal app with Amex - Site says I am prequalified for a Green Card.

Decided to run prequal app with Chase - Site says I am prequalified for Freedom

I am not signing up for these cards. More curious if being prequalified for a Freedom and Green Card with Amex that they are over the chase settlment and the unpaid amex card. Or will all the baggage show up when we call in after applyin?

[Anonymous]

Generally Chase pre-quals are solid, and rarely result in a denial. Both banks are less forgiving than most others, but seem to have loosened up a bit recently as every bank is chasing the credit card market right now.
I'd say your almost definitely good with both banks since you have the pre-quals.

[Anonymous]

If you negotiated a settlement and honored it, you are fine.  As the other poster said, Chase pre-equals are very solid.  Go for it if you really have a use for it.  Keep us posted on results if you do go for it.

[Bmac66]

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@Anonymous wrote:
Generally Chase pre-quals are solid, and rarely result in a denial. Both banks are less forgiving than most others, but seem to have loosened up a bit recently as every bank is chasing the credit card market right now.
I'd say your almost definitely good with both banks since you have the pre-quals.

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I'm new to all of this and didn't no you could get a pre-qual from Chase. I just applied for the Chase Sapphire as it was a recommended card. I did not receive an instant approval. Email says I will either receive my card and materials in the mail in 7-10 days, or they will notify me of the reason for denial in writing within 30 days. I read this post about the pre-qual so I decided to check. Chase is saying I'm pre-qual for the Chase Freedom card, which is what I was considering all along.  What do you recommend I do at this point? Wait to see about the Sapphire? If I get the Freedom card now does that pretty much mean they won't also give me the Sapphire? If I want and am denied the Sapphire card will that hurt my chances for then applying for the Freedom card? I should have checked here first! Not sure what I should do. My socres are EQ 737, TU 757 EX 691.  What are the chances I'll be approved for the Sapphire card with these scores?  

[Anonymous]

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@Anonymous wrote:

If you negotiated a settlement and honored it, you are fine.  As the other poster said, Chase pre-equals are very solid.  Go for it if you really have a use for it.  Keep us posted on results if you do go for it.

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I won't formally app for the cards. After seeing some progress on my scores thought it would be fun to prequal on a few cards that a month ago were being denied. All soft pulls so what the heck. Surprise, surprise, Amex and Chase were good. Awesome knowing the hard work is paying off!

[GoldSorata]

I had two Chase card chargoffs within the last 8 years. I just applied for the Freedom last night because I had a prequal and was approved.

[Anonymous]

If that csp app is fresh call Chase and see if they will give you freedom, its exactly how I got mine.

[sjt]

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@GoldSorata wrote:

I had two Chase card chargoffs within the last 8 years. I just applied for the Freedom last night because I had a prequal and was approved.

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How much were charged off with Chase?

[Anonymous]

Quick update. I ran prequal again the other day and came back prequalifed for Amex Green, Chase Freedom, and now Chase Sapphire.

Decided to apply for Amex PRG instead of Green and was instant approved.

Decided to apply for Chase Sapphire, was given the "30 day review" notice. Called in to Chase in the morning, answered a few questions, approved for $8K SL.

Amex & Chase prequals are solid and looks like both companies also have the ability to forgive.

[fury1995]

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@Anonymous wrote:

Quick update. I ran prequal again the other day and came back prequalifed for Amex Green, Chase Freedom, and now Chase Sapphire.

Decided to apply for Amex PRG instead of Green and was instant approved.

Decided to apply for Chase Sapphire, was given the "30 day review" notice. Called in to Chase in the morning, answered a few questions, approved for $8K SL.

Amex & Chase prequals are solid and looks like both companies also have the ability to forgive.

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Quick questions..

Were the Chase chargeoffs paid> If so,how long have they been paid?

I'm asking for someone I know and don't have the experience to advise him.

Appreciate your insight.

Thanks and congrats