miztressuz
DIS Veteran
- Joined
- Feb 23, 2011
first one is unusual. but one of the reason also seem to be bustout conditions.
2nd one... its bustout conditions based on this statement "yeah it was the first purchase. I should have known better. $2k attempted funding on a $5k CL. AAoA is 14 months, oldest acc is 2 yrs."
My assessment of the other guy is his oldest account is only 2 years. AAoA is 14 months. He tried to make his first purchase on a new card a $2k bank funding. Perhaps he just ran too hard too fast...or did something else dumb he isn’t sharing.
I didn’t want to cause a panic so I didn’t share this with the group but I was helping my Pastor and his wife earn points towards a Disney trip and she got shutdown by Chase. She had no credit history prior, she got added as an AU by her husband to some older cards and then tried for a Freedom 3 months later. She pushed it thru for approval via recon. So 4 months later I had her try for a Disney Visa and she got denied and then the Freedom was shutdown and they wouldn’t budge.
I was thinking the same as @afan when I read them at first. But honestly, when I started out I wouldn't think anything of putting a 2k charge on a 5k card... that's what credit cards are for and it's less than half the credit line so it wouldn't concern me. (I never understood why they'd give me a CL I can't actually spend but that's another story) I did similar when I got my CF since they offered it as a 0% interest card for a year. I got it specifically for my bedroom set which was a little less than half my CL at the time. In my case though I had more credit history so probably didn't raise as many flags (and it was in a different time). I think some of the takeaway should we pay more attention to AAoA when evaluating folks velocity plans. Honestly I wouldn't have seen either as very risky behavior, some risk sure, but wouldn't have thought they'd shut someone down on a first purchase. I know a lot of recommendations float through here for funding PNC accounts for MSR so seeing that DP sent up the antenna. I guess season the cards a bit before going big.