What does Chase require for a card.

[Derrick1977]

Hi Everyone-

I check the Chase prequalify site at least once or twice a week and every time I check it is never showing me a card.  It just gives me the message below.

I want to apply for one of their cards but want to see if I have a good chance of being approved.

[Anonymous]

A) do have any bad items on your CRAs ?

B) are you opted-out or had a fraud alert placed on your reports ?

C) are your reports frozen?

D) do you have more than 5 types of credit opened in the last 24 months?

[Derrick1977]

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@Anonymous wrote:

A) do have any bad items on your CRAs ?

B) are you opted-out or had a fraud alert placed on your reports ?

C) are your reports frozen?

D) do you have more than 5 types of credit opened in the last 24 months?

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A) do have any bad items on your CRAs ?  Yes, on my Transunion report  an account in collections since 2013 but trying to get it removed.   A paid charge off on all three CRA's and just student loans.

B) are you opted-out or had a fraud alert placed on your reports ?  I had one on there about a month ago but it was put on by CRA's and I had it removed last month.

C) are your reports frozen?  No they are not frozen.

D) do you have more than 5 types of credit opened in the last 24 months?  Yes

I was just approved for all of the cards you see below between August and November. 

[darwin_wins]

You have 3 good cards, you should garden for a while and also get your scores little higher. Once you get rid of those baddies and have established some history Chase will give you a card or 2. Because you have about 5 or more new cards in past 2 years you will not be eligible for their non-branded cards but from I hear you may be eligible for their branded cards.

[Derrick1977]

Thanks, I guess gardening it will be hen lol. 

[Anonymous]

Sometimes people get opted out when a fraud alert is placed.  Wouldn't hurt to opt in just in case (unless you have a collector you are worried about).

chase has a no more than 5 new accounts in 24 months rule on their sapphire, slate and freedom cards (although a few have been approved(

you are still eligible for their co-branded cards (United, Disney, etc) if your profile supports the UW of that particular card

[Imperfectfuture]

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@Derrick1977 wrote:

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@Anonymous wrote:

A) do have any bad items on your CRAs ?

B) are you opted-out or had a fraud alert placed on your reports ?

C) are your reports frozen?

D) do you have more than 5 types of credit opened in the last 24 months?

---

A) do have any bad items on your CRAs ?  Yes, on my Transunion report  an account in collections since 2013 but trying to get it removed.   A paid charge off on all three CRA's and just student loans.

B) are you opted-out or had a fraud alert placed on your reports ?  I had one on there about a month ago but it was put on by CRA's and I had it removed last month.

C) are your reports frozen?  No they are not frozen.

D) do you have more than 5 types of credit opened in the last 24 months?  Yes

I was just approved for all of the cards you see below between August and November. 

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Chase likes clean reports.  I waited for my first card until all reports clear.  That was the amazon visa.  Since then, I got the freedom before the 5/24 rule.  I now get that same screen, even with upgrade to signature.  I would wait a year, try to goodwill the heck out of removing the paid charge offs, PFD the medical, then try for a co branded card.

[Derrick1977]

Cool, thats exactly what I will do.  I will definitely start gardening. 

[Anonymous]

I got a Chase Freedom with 2 charge offs (they were from 2013) and two collections on Experian. They also checked TU, which at the time had 9 medical collections and the two charge offs. Was instantly approved. Scores were in the low 600's. Also has a electric utility collection on both from 2012.

[Derrick1977]

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@Anonymous wrote:

I got a Chase Freedom with 2 charge offs (they were from 2013) and two collections on Experian. They also checked TU, which at the time had 9 medical collections and the two charge offs. Was instantly approved. Scores were in the low 600's. Also has a electric utility collection on both from 2012.

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hi Donny, did you get the offer during the prequalify or did you just apply?