Thought we told you to wait until it was paid off?
Now it will be an additional hp and no guarantee they will approve you.
Now it will be an additional hp and no guarantee they will approve you.
so you have a balance higher then the credit limit, and you decided to apply still..then you proceeded to take a personal loan to pay the card so you can app for the card that just said no cause you were over balance.
personally, I can see them saying no, cause it wasnt that you had a high balance, it was that you over spent the CL they gave you, which in there eyes shows that you might have a hard time managing credit, risk would be high on there end to give you another card.
my thoughts are my thoughts and that only.
you should have stuck to this
10-01-2013 12:47 PM
I'm on my phone and didn't notice the bt! There's a time when enough is enough. Paying a debt with a cc just to qualify for a new cc -that I assume you will use- doesn't make any sense. There's a $3000 spend req to meet the bonus; did you factor that cost into your repayment plan?
Truly, sorry if this sounds harsh it isn't meant to be - CSP's are not going anywhere. Please don't be blinded by the approvals esp if it doesn't make sense for you.
Truly, sorry if this sounds harsh it isn't meant to be - CSP's are not going anywhere. Please don't be blinded by the approvals esp if it doesn't make sense for you.
@GOldfishes wrote:
@wHiTeSoL wrote:
@creditwatcher2012 wrote:had to call recon of course, they pulled TR for me, the CSR said that she cannot approve it because I cam carrying a balance on my CHASE BP, my CL is 1700, balance is 1746, she said once I pay it off to give a call back as that was her only reason she could not approve it (OVER THE LIMIT)..... So I just scheduled a payment for the full balance I took a cash advance from my NFCU card its only a matter od 2 percent for cash advance, Im fairly certain Ill have my whole NFCU card paid in full by Feburary? do you thinktommorow once the payment clears in my bank and posts to chase I will be able to get the CSP? once i get that im off to garden!!!! LOL
Not trying to be mean but if you need to take a cash advance to pay off a credit card, and not be able to pay off the advance in the next 5 months, you probably don't need to be trying to get more credit.
+1. To be honest it is very irresponsible behavior.
OP, while it's understandable this is your own credit and you can do whatever; however, most folks chimed in with the best/honest advice and you still decided to apply and well - there you have it. I can't say I blame Chase though since you are essentially demonstrating very risky behavior from an U/W perspective. So, is robbing Peter to pay Paul a better solution? Sign up bonus went away on CSP? Nope, not the last time I checked. CSP still available? Yup.
@FinStar wrote:
@GOldfishes wrote:
@wHiTeSoL wrote:
@creditwatcher2012 wrote:had to call recon of course, they pulled TR for me, the CSR said that she cannot approve it because I cam carrying a balance on my CHASE BP, my CL is 1700, balance is 1746, she said once I pay it off to give a call back as that was her only reason she could not approve it (OVER THE LIMIT)..... So I just scheduled a payment for the full balance I took a cash advance from my NFCU card its only a matter od 2 percent for cash advance, Im fairly certain Ill have my whole NFCU card paid in full by Feburary? do you thinktommorow once the payment clears in my bank and posts to chase I will be able to get the CSP? once i get that im off to garden!!!! LOL
Not trying to be mean but if you need to take a cash advance to pay off a credit card, and not be able to pay off the advance in the next 5 months, you probably don't need to be trying to get more credit.
+1. To be honest it is very irresponsible behavior.
OP, while it's understandable this is your own credit and you can do whatever; however, most folks chimed in with the best/honest advice and you still decided to apply and well - there you have it. I can't say I blame Chase though since you are essentially demonstrating very risky behavior from an U/W perspective. So, is robbing Peter to pay Paul a better solution? Sign up bonus went away on CSP? Nope, not the last time I checked. CSP still available? Yup.
I have to agree with the posters quote above.
I wouldn't be surprised if any of your lenders start taking adverse action against you.
If you don't have the money to pay your credit card bill, start saving. You should never take out a cash advance just to pay another credit card bill.
It seems like you didn't quite learn your lesson and everything that has happened to you before is happening again. Case in point: this
You obviously have a debt problem. You don't solve a debt problem by taking on more debt at higher interest rates.
Rewards card are not suitable for you either because any interest fees charged will outweigh rewards you earn by a huge margin.