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Not confirmed but pretty solid in my book.
1. Just get a person with a CSP to add you as an authorized user. Then apply. Why I believe this works? two scenarios
a) Became an authorized user on my dad's account with a CSP (3months old account) with only 9 months AAOA, 3 months later I got approved for my own. Although it could be debated cause I have 75k in my accounts at the time with Chase.
but the second one solidified it imo.
b) Friend apped for a CSP, then she told me she only had 7 months of credit history -_-; and that her credit limits were only $300.... total of $600 for two cards............. then I decided to help her so I added her to my CSP the NEXT DAY after the app (app went to decision) Even though she had a 730 score she should NEVER have been approved. She was approved anyways! My reasoning only one that works is. They reviewed the account manually AFTER I added her to my CSP. Or the fact that she's making auto payments on a new BMW lol!
Her score 730's my score 760's when approved. It was our first 5k + limits ever for both of us, I was also approved for the Freedom for $3,000 on the same day! I also got a mileage plus for $5,000 just arrived in the mail today
hey! my asian brother from another mother. wanna help another asian brother out? jp lol
DA: We've had a bunch of anecdotal reports of CSP approvals being all over the map, and in some instances being easier than a Freedom for those with financial assets and/or demonstratable income.
I don't read too much into these as a rule, given how AU's work and how lenders as a whole frown on them (hence their badgering FICO to fix them in the '08 model in the first place), I'd be pretty surprised if this was really a legit method of tricking into a CSP. I think that it was simply a matter of other approval criteria in both cases especially when taken over the entire set of user reports.
@Revelate wrote:DA: We've had a bunch of anecdotal reports of CSP approvals being all over the map, and in some instances being easier than a Freedom for those with financial assets and/or demonstratable income.
I don't read too much into these as a rule, given how AU's work and how lenders as a whole frown on them (hence their badgering FICO to fix them in the '08 model in the first place), I'd be pretty surprised if this was really a legit method of tricking into a CSP. I think that it was simply a matter of other approval criteria in both cases especially when taken over the entire set of user reports.
I was approved for this card with a score of 705 and had a utilization rate of 38% at the time of applying. I was initially denied but got approval from a credit anylyst. The anylst said the automated system had denied me due to 11 inquiries. He barely asked a single question before approving me in less than 30 seconds. My reported income at that time was 69K. Hope this helps!
@Revelate wrote:DA: We've had a bunch of anecdotal reports of CSP approvals being all over the map, and in some instances being easier than a Freedom for those with financial assets and/or demonstratable income.
I don't read too much into these as a rule, given how AU's work and how lenders as a whole frown on them (hence their badgering FICO to fix them in the '08 model in the first place), I'd be pretty surprised if this was really a legit method of tricking into a CSP. I think that it was simply a matter of other approval criteria in both cases especially when taken over the entire set of user reports.
maybe but it's pretty amazing though getting $1,000 secured cards to $5,000 approved immediately then going less than a year with less than 1 year of AAOA to $2,400 to $108k in credit limits, the credit gods really love me =)
Ok who wants to add me to their CSP! Ive been denied for it 5 times now
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Kind of surprised you were denied - you have some very nice cards and some good limits. What reasons do they give for the denials? You will get the CSP at some point.
@koalablue wrote:Ok who wants to add me to their CSP! Ive been denied for it 5 times now
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Kind of surprised you were denied - you have some very nice cards and some good limits. What reasons do they give for the denials? You will get the CSP at some point.
and that's probably the reason for denial =P wayyyyyyyyyyy too many cards imo lol