Yep, denied for the Perfectcard. 743 TU (no negs)... Reason: "TOO MANY NEW ACCOUNTS"!!!!!! WTF? Worth the bother of reconsideration? BTW, they just denied me for a biz card last week for "PROPORTION OF BALANCES TO CREDIT LIMITS TOO HIGH" on TU! (12%)! UGH!
Niceguy, what's up? Yeah that was the reply I got from Fleet and Bank of Omaha towards the end my cc applying binge. I asked for reconsideration at both places and was told no. I'm guessing Chase will have the same viewpoint but than what do you have to lose? The inquiry is spent. Give them a call. I myself have been laying low waiting for cards to mature. I'm guessing my Bank One and Chase cards will be combined. Best regards, Mirage
Hey Mirage! I'm just a little worried they may pull another INQ for reconsider... How long are new accounts viewed as "NEW"? Most of mine were opened in Oct/Nov except Pentagon which was last month,
You, Dogman and I opened new accounts all in the same time frame. I think I opened the most at 8 new accounts and still have not gotten back to the 700 FICO mark. Of course the World MC, Visa Signature and Amex Green does not help my effort due to them only reporting the high balance as my CL. My guess is that the 'New' should start fading around the 6 month mark. I am charging and BTing with all 8 of them to make it look good. But in another month or so my balance should be close to zero. Of course we can all fall into the George's status, 'too much credit'. Best regards, Mirage
Text of denial letter (online): Thank you for your recent application for a Chase credit card. The information you provided was reviewed carefully. Unfortunately, we are unable to approve your application for the following reason(s): Your consumer credit report reflects a number of recently opened accounts that exceed the bankâ??s guidelines We regret that we are unable to open an account for you at this time. Our decision was based in whole or in part on information obtained from the consumer reporting agency listed below. The consumer reporting agency did not make the decision and is unable to supply specific reason(s) why we have denied credit to you. You have a right under the Fair Credit Reporting Act to know the information contained in your credit file at the consumer reporting agency. You also have a right to obtain a free copy of your consumer report from the credit bureau listed below if you make your request within sixty (60) days from the date you receive this notice. In addition, you have a right to dispute with the consumer reporting agency the accuracy or completeness of any information in a consumer report furnished by the agency. Trans Union 2 Baldwin Place - P.O. Box 1000 Chester, PA 19022-1370 (800) 888-4213 www.transunion.com/direct If you find errors and make changes to your credit report, we would welcome the opportunity to review a new application for you. Please read the notices provided below for further information regarding your rights as a credit applicant. Your application decision will be available online for 90 days. If you have any questions, you may email us or call one of our representatives Monday through Friday, at 1-877-260-0076, between the hours of 8 AM and 10:30 PM or Saturday between 9 AM and 8 PM, Eastern Time. We appreciate your interest in our credit products and services. Regards, Paul Arena Chase Manhattan Bank USA, N.A.
TO ADD INSULT TO INJURY.... Received paper denial letter today. Same as electronic version I posted, BUT GET THIS: We would like, however, to offer you a SECURED CARD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! WTF? Have they lost their minds? I think I've seen everything now...
Re: Re: DENIED Perfectcard TU 743!!!!!!!!!! I'LL LOAN YOU $30,000...you ask if the will approve a $30,000 CREDIT LIMIT...FOR YOUR SECURED CARD...
