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Approved and Denied

November 28th, 2011 at 11:41 am

I applied for two different Chase credit card offers about a week ago. The Freedom card was just approved after I returned a call to their fraud department and verified my identity.

Unfortunately, I was denied for the Chase Sapphire card first by mail and then on the phone. It seems I was denied due to lack of income. Yes, I'm a homemaker. I don't have my own income.

I can't say I blame them for turning me down, but yet they also approved me for nearly $10K in credit on another card. Where do they think I'll get the money for that if I'm denied based on my income alone?

I will play the game on this one card, but after this...I'm done. Why did I think I wanted to play in the first place? Oh yeah, free money! At least I have $300 coming our way with the Freedom card.

7 Responses to “Approved and Denied”

  1. Amber Says:

    $300, nice

  2. MonkeyMama Says:

    Did you report your own income on the application? zero? They always seem to ask for "household income" - not individual income. OF course, I always apply for all the cards for my spouse too, and am honest that he is a "homemaker" or unemployed - has never been an issue.

    Bummer!

  3. MonkeyMama Says:

    I was going to say that regardless, it is weird that they were so inconsistent!

  4. creditcardfree Says:

    @MM: When I filled the apps out online I put household income with me as homemaker. When I spoke to the rep online she asked again for my income. I first stated household income, then she asked where it was earned from...well, my husband. Then asked again about MY income. I could probably try again with them, but for now I'm leaving it as is...I don't want them to close the account I just opened.

  5. househopeful Says:

    The recent credit card act now requires banks to ask for individual income on individual applications, regardless of your employment. The cc companies don't have a choice. The online may not have asked as specifically as the phone rep did though.

  6. creditcardfree Says:

    @HH, thanks for clarifying that. I can't say I blame them for denying me credit. I wouldn't give someone credit that doesn't have a job!!

  7. ceejay74 Says:

    Funny. AS was approved for a Chase Sapphire, then denied for a Chase Freedom, then approved for a Chase Southwest. They don't know what they're doing. LOL.

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