Chase credit card ??s

I got one 7/02. They pulled TU and from what I've read they exclusively pull TU. I had an old (5yrs) charge-off unpaid and I got $3k. I don't know my real TU score was, but the last time I checked their bogus score said 616. I'm quite sure it was higher than that. I also had 3 old (over 2 yrs.) 30 days lates on there. I applied for the Visa and then changed it to the MasterCard because I already have 3 Visa cards.

Someone posted a # for their special dept. I now have 7.99% fixed apr.

 

I just got Chase with a TU FAKO score of 642. They pulled TU of course. I got a measly $2000 limit though. I'm not to happy about that.

 

When I applied for their Platinum in 12/2001 they pulled TU. I don't know what my score was. My initial CL was $5000 @ 12.24% APR. In 06/2002 I asked for CL increase and APR decrease. I got new CL $10.000 @ 4.75% APR ( Prime rate card ) with $45 annual fee. They also offered me 7.99% fixed without fee but I choosed Prime rate and fee. Highly recommended product and company.

 

betacredit,

I posted that number and here we go again:

1-800-345-8089

 

I applied 8/9 and called to check the status two nights ago. It was still pending but the rep said she would get one of their analysts to come "decision it for you right now."

He did. We had just done a BT of $11900 on our joint Chase account about a week ago. (12K CL)

He said he couldn't approve much of a line for the new individual card because so much of our available credit was being used on the existing card.

He offered 2K. I said it really wasn't worth doing for that kind of line. He agreed to 5K, which was not great but OK. At least that's enough to work with.

If we can just get our last little aggravations with TU squared away, we should finally be able to get somewhere with Chase when we need to.

We're also going to use the creditwork system of carrying a balance for 3-6 months, making big payments and then letting it sit idle for a couple of months. That's an approach we haven't tried before but it sure seems to be working for him.

BTW, my TU score was 662 when they pulled it, very low utilization reporting, 3 hards and two 8+ year old tax liens, no other derogs or lates.

DemPooches

 

ok.. do you think with the following scores I have any chance of getting accepted?

36% credit available
total balances 15000 credit cards

645 experian
732 fake tu
660 tu fico
697 eloan
617 equifax

I really wanna do some BT's to get my interest rates reduced.

I have 0 inquiries in the last 6 mos and dont really wanna run my credit if I am going to be declined.

Thanks,
Allen

 

They pulled the TU report the morning after I applied online.


Allen -

It's hard to say. Your utilization is high, but your TU score is high enough to be approved with, particularly if you have no derogs and your TU score is where it is just because of utilization. (if they decline you, you can always ask for reconsideration and explain that you wanted the CL for balance transfers. It might work.)

DemPooches

 

Thanks Dem.. so in your professional opinion, should I risk the credit inquiry to give it a try?

I do have 2 lates from 1997 on my report.

 

anyone?

with my scores and my high credit utilization, would I be approved?

I really wanna move some stuff from my damn 24.99% card

thanks

 

Have had my card for a year now. They offered me I had scores in the 649 range and a lot of negs. I was at 17% and recently I called and they put me on a 7.99 fixed rate.

 

Allen,

Personally, I would try it. But that's me. You're going to be the one stuck with the inq if it turns out to be a decline. I just think you have a good shot at reconsideration if they do say no.

But remember, you have to make the decision that's right for you. No one here can offer you any guarantee as to how anything will work out with your credit journey. We can just provide you with the best info we can based on our own experiences.

Be sure to let us know what you decide and how it works out.

DemPooches

 

Geez...Chase only offered me a secured card when I applied despite no derogs on my reports...lol. Too bad...I don't anticipate opening any new accounts for a while so they will have to do without the priviledge of having me as a customer



L

 

whyspers... what was your score when you applied?

thanks

 

I don't recall exactly but I believe TU was somewhere around 652. As I recall, I applied for Generations and Chase around the same time and Generations required a 650 or better score. Unfortunately, that was how I discovered that the score TU gives us isn't the score creditors see and Generations came back saying my score was 598???? I'm still bewildered on how that could be as I had no derrogs, at the time about 15 postive tradelines with the oldest being from 1995. I had, I believe two inquiries. I believe what is hurting me the most is the high credit utilization (around 50%), along with a lot of new accounts opened in the past six months. This seems to hurt more on TU than the other two...a LOT more.


L (who intends to now focus her attention on whether or not the report TU discloses to the consumer is the same report they disclose to potential creditors. Something definately seems fishy on the TU homefront.)