Recvd decline from Chase Slate? Should I recon?

[Mister305]

Hello everyone. Happy Holidays. I received an invitation to apply for the Chase Slate card. Applied and received a decline. The decline is based on my TU, per the decline letter. I had no baddies, until Ocwen started reporting a mortgage that I lost in 2008, and stating that I was late in 2013, but now its current. I don't know if I should call chase and if i do, I don't know what to say. any advice?

 

One or more accounts are not paid as agreed

Length of time since oldest credit card was opened is too short

Length of time since newest account was opened is too short

Too many accounts opened in the past 12 months.

[CTSoxFan]

it never hurts to call recon. You have nothing to lose. Just be prepared to discuss the denial reasons and why you are looking to get the Slate card. It would appear you have a lot of new accounts, why is that? Why did you lose the mortgage? Is it reported as current on an updated TU report? If so you can say it is a reporting error that has been fixed and ask them to re-run your TU (no biggie since those can be easily fixed...)

 

Have a clear and succinct story. Only answer what what asked. If you have trouble thinking on your feet, take notes before hand.

[Mister305]

Thanks. I will be prepared. This is my current credit history:

 

Ally Financial (Car) Opened 3/2014 Loan 16,055

Toyota Motor Leasing (Car) Opened 8/2014 Loan 9,006

Barclays 1,600 limit Opened 6/2014

Comenity bank Opened 11/2014 750 limit

Credit One Opened 7/2013 650 limit

Cap One 7,600 Opened 11/99

[Mister305]

Hey CTSoXFaN

 

I just wanted to let you know that I called and did my recon and i was sooooooo close to being approved. Twice i was put on hold. The call made me feel better. In the end i was declined because of my gap of having no credit between 2006 and now until I found this site last year. I told the guy because of the crisis, I went cash but it didn't get me over. The guy told me to make a couple more payments on my Barclays and try again next year. Thanks for the advice. Merry Christmas!!!

[Konrad2012]

Hey CTSoXFaN

 

I just wanted to let you know that I called and did my recon and i was sooooooo close to being approved. Twice i was put on hold. The call made me feel better. In the end i was declined because of my gap of having no credit between 2006 and now until I found this site last year. I told the guy because of the crisis, I went cash but it didn't get me over. The guy told me to make a couple more payments on my Barclays and try again next year. Thanks for the advice. Merry Christmas!!!

HUCA. Hang Up, Call Again. I called Chase to recon 4 times until they approved my Freedom app.

 

800 527-7419

 

888 245-0625

 

Call both of those...ask for a Sr Analyst

Edited December 17, 2014 by Konrad2012

[funkiehouse]

When you call and get approved , strongly think about getting rid of the Credit One card before you get too much age on it, which makes it harder to dump.

[Mister305]

I called Chase and spoke to a senior credit analyst. Says she cant overturn decision, because of the Ocwen mortgage reporting that I was delinquent in October of 2013 and a collection for 5 years ago for 850.00 for cable. Hung up the phone and walked to the mailbox and received the letter from TU that the items have been removed. Called Chase today and they said they can not pull my credit again for another 30 days and they do not do soft pulls. Should i re apply or call them back in 30 days. Regardless its another hard pull. Any advice.

[funkiehouse]

I called Chase and spoke to a senior credit analyst. Says she cant overturn decision, because of the Ocwen mortgage reporting that I was delinquent in October of 2013 and a collection for 5 years ago for 850.00 for cable. Hung up the phone and walked to the mailbox and received the letter from TU that the items have been removed. Called Chase today and they said they can not pull my credit again for another 30 days and they do not do soft pulls. Should i re apply or call them back in 30 days. Regardless its another hard pull. Any advice.

Sounds like you have no choice to wait. I guess it depends on how bad you want the card.

 

If they say they won't pull your credit again maybe do another online app when the baddies clear and see if thats true. It could get you another hard with no success so its your call.

[shifter]

call the EO and tell them what happened.

 

those items were a mistake and TU fixed them.

 

request them to re-pull.

 

might have some luck.

[funkiehouse]

call the EO and tell them what happened.

 

those items were a mistake and TU fixed them.

 

request them to re-pull.

 

might have some luck.

 

Sounds like an even better idea.