Originally Posted by Orcrin12

Applied for CIU on 2/16, received denial letter yesterday citing “too many open accounts or too much credit” and “low usage of existing credit lines.”

Called recon today, pretty straightforward questions, offered to shift credit limits, still ended in denial. Rep gave me four reasons; in addition to the two above, “too many recent inquires” and “insufficient business revenue.”

I am at 4/24, 1 hard inquiry in last 30 days, 2 in last 6mo, so hard to believe that’s it. One open CIC from last June, did not put any spend on it after first few months of opening, which probably doesn’t look great, though the rep did ask why and I gave a justifiable reason.

Chase CL across personal/biz = ~39% of reported income

I’m kinda surprised as the DPs I’ve seen pointed toward good chances at getting this one, but oh well. Will probably close the CIC and try again for CIU later this year.