to freeze or not to freeze before apps

Old Feb 18, 16, 6:56 am
  #31  
 
Join Date: Oct 1999
Location: BOS
Programs: JetBlue Mosaic, WN A List Preferred, Hyatt Globalest, Hilton Diamond, Marriott Platinum, IHG Spire
Posts: 3,962
2016 - Chase Updates?

I have some questions about an Experian freeze:
1. Does anyone have recent updates on how Chase handles frozen Experian? Will the automated system always go to pending, and will reconsideration manually pull TU or EQ? Or will Chase reconsideration insist on Experian?
2. If asked, what reason should you give the reconsideration agent as to why your Experian report is frozen?
3. Is the process instant to both freeze and unfreeze the Experian report?

I live in MA and nearly all issuers pull Experian nearly 100% of the time including Amex, Citi, BOFA, Capital One (plus HP's from other bureaus), and Chase. Only discover pulled EQ and TU, maybe a hard pull with one and soft pull or score from the other.

Also recently I got shot down with multiple reconsideration calls to Citi for the prestige card due to too many Ex inquiries. In doing some research it seems like 6 inquiries in 6 months seems to be the trigger point.
jetsetter is offline  
Old Feb 18, 16, 1:02 pm
  #32  
 
Join Date: Jul 2013
Posts: 384
It is not just a matter of inquiries. If you're getting cited for inquiries then there are bigger issues that you need to address with your credit profiles. Inquiries are generally a small factor but they can be cited and have a bigger impact for those with thin credit profiles and/or profiles with issues.
takeshi74 is offline  
Old Feb 18, 16, 2:25 pm
  #33  
 
Join Date: Apr 2004
Programs: AA plt 2 mm, Marriott LTT, HH dia
Posts: 1,208
Originally Posted by jetsetter View Post
2. If asked, what reason should you give the reconsideration agent as to why your Experian report is frozen?
3. Is the process instant to both freeze and unfreeze the Experian report?

I froze my credit reports after the Anthem breach a while back. If you feel the need to tell them why your credit is frozen, a possible answer would be to say it is because of recent credit breaches. However, I doubt they would ask you why it is frozen.

I am interested in knowing the answer to #3 as well. I had read in an article that credit freezes can be thawed in 15 minutes online. But it didn't say what credit agency or anything helpful like that. Experian does let you pick today's date when thawing a credit report. But I don't know how fast it goes live.

Edited to add: I did a Google search, and the Experian website is vague as well. It says depending on your state, your credit can be thawed in a matter of minutes. But it could take as long as 3 days.

https://www.experian.com/blogs/ask-e...credit-report/

This article from the NC Attorney General says that credit reports are usually thawed in 15 minutes.

http://www.ncdoj.gov/getdoc/c0602cd1...ty-Freeze.aspx

Last edited by jeanie; Feb 18, 16 at 3:27 pm
jeanie is offline  
Old Feb 20, 16, 9:46 am
  #34  
 
Join Date: May 2015
Location: LAX, BUR
Programs: AS,AA,JB, HH Gold, Starriott Titanium Elite, Hyatt Explorist, Global Entry
Posts: 1,771
My Experian and the other 2 thaw immediately, though for me in CA I have to call Experian and give my PIN and date to re-freeze.

Once I had it thawed while I had Amex on the other line, its very quick.

Just did it this week.
mhdena is online now  
Old Feb 28, 16, 11:15 pm
  #35  
 
Join Date: Nov 2015
Posts: 455
Freezing Credit Bureau to stop Soft pulls from Bank

I recently opened 8 cards + 1 auto loan within 6 months and my oldest card is 4 years and AAoA dropped to 1 year . I recently applied for 3 more cards and got it approved . I am doing lot of MS on 2 citi cards , 2 American express cards ( 5000$ per month on both amex and citi) and Capital one card ( around 8000 $)

I am worried about banks doing soft pull for account review. Will a freeze on CB , stops bank from viewing the report?

What other precautionary step can i take in ?

100% on time payments and made sure to do bill payment before the statement closes. Just kept 50 to 100$ balance for CB reporting on all the new cards.
kingofkingsforu is offline  
Old Feb 28, 16, 11:25 pm
  #36  
FlyerTalk Evangelist
 
Join Date: Aug 2002
Location: BOI or anywhere a good IPA is served!!
Programs: Too many to list
Posts: 10,419
Originally Posted by kingofkingsforu View Post
I recently opened 8 cards + 1 auto loan within 6 months and my oldest card is 4 years and AAoA dropped to 1 year . I recently applied for 3 more cards and got it approved . I am doing lot of MS on 2 citi cards , 2 American express cards ( 5000$ per month on both amex and citi) and Capital one card ( around 8000 $)

I am worried about banks doing soft pull for account review. Will a freeze on CB , stops bank from viewing the report?

What other precautionary step can i take in ?

100% on time payments and made sure to do bill payment before the statement closes. Just kept 50 to 100$ balance for CB reporting on all the new cards.
Just merged into existing thread. Check out posts above.
philemer is offline  
Old Mar 6, 16, 5:46 am
  #37  
 
Join Date: Aug 2005
Location: HPN
Programs: not anymore! I'm FREE!
Posts: 3,198
Originally Posted by kingofkingsforu View Post
Will a freeze on CB , stops bank from viewing the report?
No. Soft pulls are not affected by freezes.
snic is offline  

Thread Tools
Search this Thread
Search Engine: