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I'm thinking of applying for Chase Freedom and need help.

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Anonymous
Not applicable

Re: I'm thinking of applying for Chase Freedom and need help.

TU 2, EQ 2, EX 3
Message 11 of 55
Anonymous
Not applicable

Re: I'm thinking of applying for Chase Freedom and need help.


@Anonymous wrote:
Sorry forgot to mention the limits. 2,300 on the Cap One card 1,250 on the Discover It.

Ok.. How many inquiries and then we can decide the next course of action.  If you have Discover, are you looking for another cashback card?

Message 12 of 55
mikelo22
Established Contributor

Re: I'm thinking of applying for Chase Freedom and need help.

Since you only have 7 months of credit history, it's not surprising they you're not prequalified; lenders just haven't had time to put you in the system yet.

 

6 months is probably the first big jump in establishing credi, though atleast 1 year history looks far better.

 

That's good that your util is at 2% instead of 0.  You should always try to keep a small balance on 1 card.  Having 0% util can actually damage your score, so try not to let that happen.

Message 13 of 55
Anonymous
Not applicable

Re: I'm thinking of applying for Chase Freedom and need help.


@Anonymous wrote:
TU 2, EQ 2, EX 3

We keep interchanging in postsSmiley Happy....  Why do you want the Chase Freedom?

Message 14 of 55
Anonymous
Not applicable

Re: I'm thinking of applying for Chase Freedom and need help.

I'd say go for it. I don't get any pre-quals since I'm under 21, but I got approved yesterday for $2k @ 19.24%. My scores are similar (maybe a little lower) than yours, and I only have 2 months of my own credit history (but 6 years as an AU). Good luck!

Message 15 of 55
Anonymous
Not applicable

Re: I'm thinking of applying for Chase Freedom and need help.

I'm looking to get the Freedom since I know the categories differ in quarter from the Discover It. May sound dumb but hey I can't lie. Lol.
Message 16 of 55
Anonymous
Not applicable

Re: I'm thinking of applying for Chase Freedom and need help.


@Anonymous wrote:
I'm looking to get the Freedom since I know the categories differ in quarter from the Discover It. May sound dumb but hey I can't lie. Lol.

Ok.. Although you are not pre-qualified, apply for it.  If you are not approved instantly don't get sad or worried.  You have 30 days to get it approved / recon.  Report back with results if you apply.

Message 17 of 55
Anonymous
Not applicable

Re: I'm thinking of applying for Chase Freedom and need help.

Thanks Mikelo22 for the advice! I really appreciate that. 😀
Message 18 of 55
Anonymous
Not applicable

Re: I'm thinking of applying for Chase Freedom and need help.

What bureau(s) does Chase usually pull?
Message 19 of 55
Anonymous
Not applicable

Re: I'm thinking of applying for Chase Freedom and need help.


@Anonymous wrote:
What bureau(s) does Chase usually pull?

What bureau a lender pulls depends on your state / region.  Waht state are you in?

Message 20 of 55
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