CSP approval after verification...WHEN?!

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3 posts
drd1170
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CSP approval after verification...WHEN?!

Postby drd1170 » Thu Feb 12, 2015 9:41 pm

Hi all!

I applied for the Chase Sapphire Preferred about two weeks ago...received a letter in the mail last week stating they needed to verify my birthday, in which I mailed them a copy of my driver's license the following day. I called the fraud dept today to verify they had received it, which they did, three days ago, and was told by the representative I would be notified via mail in 7-10 days. (WHY SO LONG!)

-What are my chances for approval? Current credit score is 751, which was 719 just two days ago (Experian; paid off ALL my cc debt a month ago!); could my previous credit score affect my approval status?

-Any way that I can find out whether or not I am approved, faster than the automated number?

-Third, why did they need to verify my birthday? That has never happened before...

-FYI; I don't have any accounts with Chase, nor have I ever. The oldest cc account I have is about 6-7 years, and is over $5000 CL.

Thanks! (Suspense is killing me!)


whit
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Location: ca

Postby whit » Fri Feb 13, 2015 10:29 am

I'm pretty sure you applied online

If you applied in person at the branch; they would have been able to speed this process up a bit in your case because when the branch employee applies with you, it's system recognizes right away whether further information is needed or not even to process the application

Which is why you would have to wait a bit further after the birthday info was turned in

Because at that point it's now a bonafide application and you're usually given the instant approval or the wait 7-10 days while the underwriter does further review and your chances of being approved or not is anyone's guess

The reason for the birthday verification is part of the patriot act--sometimes it's your birthday, sometimes it's your social, sometimes it's your address

takeshi
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Postby takeshi » Fri Feb 13, 2015 10:38 am

drd1170 wrote:What are my chances for approval?

No idea. We're not Chase underwriters and it's never just a matter of the score itself regardless of creditor. We don't even know what scoring model the scores you provided are or if Chase will use that score in their decision.

drd1170 wrote:could my previous credit score affect my approval status?

Nope. They can't pull historical scores.

drd1170 wrote:Any way that I can find out whether or not I am approved, faster than the automated number?

You can try calling their recon number.

drd1170 wrote:Third, why did they need to verify my birthday? That has never happened before...

No idea but verification isn't unusual.



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