CSP approval after 3 recons

gt3Rs · ‎05-30-2024

First post!

P2 apped for the CSP in branch for the 85k offer, and was denied due to income to debt ratio

Branched called recon for us, still denied.

Using methods I learned here over the years, I had P2 call again the next day -- still denied.

P2 started doing research (after almost giving up) , and we called next day early morning, (saying how much we don't want to waste a HP kidding) and was told application was sent for recon again and they'll email later with the status.

Around 2 hours later appproved for 12k via email!

EXP pulled, and EQ around 8 years of history and 725 EXP

I'll never understand the recon battle lol

keekers · ‎05-30-2024

Congrats.

JoeRockhead · ‎05-31-2024

Nicely done, congratulations on the approval!

NoMoreDebt · ‎05-31-2024

Congrats

AMEX CHARLES SCHWAB PLATINUM NPSL/ AMEX CHARLES SCHWAB INVESTOR CARD $25,000 CL/ AMEX MORGAN STANLEY BLUE CASH $5K CL/ AMEX GOLD NPSL / AMEX GREEN NPSL/ AMEX EVERYDAY PREFERRED $5000 CL/AMEX BLUE BUSINESS PLUS $5000 SL/ AMEX BLUE CASH EVERYDAY $18,000 / FIDELITY REWARDS VISA $23,500 SL

SOCKDRAWER/ PAYPAL CREDIT LINE $1700/NFCU FLAGSHIP $40,000 CL/ NFCU MORE REWARDS $40,000/ WELLS FARGO AUTOGRAPH $8200/APPLE CARD $6500/DISCOVER IT $3000 SL/CITI COSTCO ANYWHERE VISA $6000 SL

FlaDude · ‎05-31-2024

Congrats, persistance paid off!

Scores: March 21 FICO 8: EX 810, TU 808, EQ 813
AoOA: closed: 36 years, open: 25 years; AAoA: 11.8 years
Amex Gold, Amex Green, Amex Blue, Amex ED, Amex Delta Gold, Amex Hilton Surpass, BoA Platinum Plus, Chase Freedom Unlimited, Chase Amazon, Chase CSP, Chase United Explorer, Citi AA Plat, Sync Lowes, Sync JC Penney - total CL 145k
Loans: Chase car loan (35k/6yrs 0.9%)

CreditCrusader · ‎05-31-2024

@gt3Rs wrote:
First post!
P2 apped for the CSP in branch for the 85k offer, and was denied due to income to debt ratio
Branched called recon for us, still denied.
Using methods I learned here over the years, I had P2 call again the next day -- still denied.
P2 started doing research (after almost giving up) , and we called next day early morning, (saying how much we don't want to waste a HP kidding) and was told application was sent for recon again and they'll email later with the status.
Around 2 hours later appproved for 12k via email!

EXP pulled, and EQ around 8 years of history and 725 EXP
I'll never understand the recon battle lol

Denied...denied...denied...approved 12k!

Recon is a WEIRD WORLD

Congrats!!!!

In my wallet: AMEX Gold (NPSL), AMEX Green (NPSL), Local Credit Unions (2 cards: VISA, MC, $25,000 CL each)

citymunky · ‎05-31-2024

@gt3Rs wrote:
First post!
P2 apped for the CSP in branch for the 85k offer, and was denied due to income to debt ratio

Can you expand on this for Data Points? I was given the same reason during my recons. My DTI was 17%, but my available credit was over half of my annual income so I was denied multiple times while trying to recon. It wasn't until I used my P2 income as my own that I was approved.

Rebuilding since 2021

Closed CCs
USAA (Jul 2019| Settled CO), Jasper $1K CL (Jul21-Jul22), Sable $250CL{Secured} (Jan22-Jun23), CreditOne Platinum $750CL (Jul21-Aug23), Prosper $1.9K CL (Jan22-Apr24), Self $625 CL {$350 Secured } (Aug21-Jul24)

Starting FICO 8 Scores:

Current FICO 8 Scores:

cashorcharge · ‎05-31-2024

Glad that worked out...that’s Terrific!! Congratulations on your Approval!!👏🏼🍾🥂

gt3Rs · ‎05-31-2024

Roughly same thing happened with us. P2 only used there own income orginally, but included our household income after doing research which i'm assuming is the final reason for the approval.