whit wrote:is it supplemental income? or maybe a roommate that is helping pay down the rent? parental support?
It's parental support; I live alone. Ironically I may have had a better shot back when I was still living in the dorms.
i'm curious, do you currently bank with Chase?
No, none of the big four American banks have a presence in my home state with the exception of a single Chase branch an hour outside of town that opened recently. I have a student account with Bank of America that I opened when I went off to school but don't use it all that much anymore except to withdraw cash from ATMs, since my local bank doesn't have ATM coverage where I go to school.
The other thing is when you're applying for a card they ask what is your gross annual income, they give examples of what can be considered income, and they also place in ( ) that basically it is income you wish to rely on to repay your debts.
The Chase application gave examples of income, but didn't list support outside of court-ordered support or restitution. It just had fields for 'Income' and 'Rent' once I specified that I was renting.
You have thirty days (typical) from the time of the app to try and get the decision turned around, just because the first rep ran that through, doesn't mean its hopeless.
I'm hoping it's not, just wanted to get some advice on what my chances were looking like.
If you really want to get approved and believe you can handle that type of CL responsibly then you should call back, explain what you mean by almost double your income with no debt obligations besides the rent, and see if the rep can do a consideration.
I'll probably call back tomorrow and see what can be done. Thanks for all the help so far.