Originally Posted by
StartinSanDiego
That does seem like a lot of Chase cards (3 personal, 1 biz), but I think you still have some room for another biz card. It does sound like you are starting to get a large credit line. We know the lenders view that as a potential for trouble brewing... you could charge up those CL's and head to Mexico tomorrow.
The high CL's will sidetrack your instant approvals, but your chances still seem excellent for the current app. You could either call recon or ride it out. Does the message say they'll let you know in 7-10 days? Or 2 weeks?
I just called reconsideration line and got approved quickly. The rep said I have too much CL compared to my low spend-- total balance of 3 personal cards $975) vs CL $60k. He said we could move $10k over from sapphire and that was that.
So now I want to apply for business application. Should I expect more hassle now?