Topic 'Re: credit cards decide in 10 ... up to 30 days :/' in forum 'General Questions' - dslreports.com http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27938496 en Wed, 22 May 2013 03:06:34 EDT Wed, 22 May 2013 03:06:34 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945733 said by CylonRed:

I know a couple of people who have had business cards without a corp. Unless something has changed in the last year or 2...

So if these are new - then you answered your own question about of the person has a business card. If so - then they have some type of corp...

It works the same now as it did 10-15 years ago. It's just you aren't understanding how it works. WITHOUT a corp a business is a sole which works off PERSONAL credit just like a PERSONAL credit card so I'm sure your friends have business cards but they obtained them via their own PERSONAL credit. If the business is a corp it works off the businesses credit which takes a while to figure out hence the delay.
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IF YOU FIND ANY MISTAKES IN MY WORK...Please consider that they are there for a purpose. I try to please everyone and there is always someone looking for mistakes!]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945733 Fri, 25 Jan 2013 08:33:58 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945708
So if these are new - then you answered your own question about of the person has a business card. If so - then they have some type of corp...
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Brian

"It drops into your stomach like a Abrams's tank.... driven by Rosanne Barr..." A. Bourdain]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945708 Fri, 25 Jan 2013 08:23:43 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945664 said by CylonRed:

It does not rally matter for getting a business credit card. It could be a sole or S corp or an LLC. Why does it mater in the least?

You better believe it matters! Why would they even bother asking you on the application if it didn't matter? Sole uses personal credit and a corp does not. Sole uses their SS# as their TIN but a corp has a real one for example. *wearing the t-shirt*
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IF YOU FIND ANY MISTAKES IN MY WORK...Please consider that they are there for a purpose. I try to please everyone and there is always someone looking for mistakes!]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945664 Fri, 25 Jan 2013 08:03:50 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945649 --
Brian

"It drops into your stomach like a Abrams's tank.... driven by Rosanne Barr..." A. Bourdain]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945649 Fri, 25 Jan 2013 07:51:00 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945606 said by Johkal:

I owned a business for 11 years.

That doesn't mean much. Was it a sole proprietorship or corp? ]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27945606 Fri, 25 Jan 2013 07:12:04 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27943902 http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27943902 Thu, 24 Jan 2013 16:51:03 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27942511 said by Rob:

Who cares?

Umm. The OP Maybe?

I don't understand your response unless you just had to say something.

OP: I will assume like others that you did not get instant approval and they want to dig deeper before approving you.

Dave
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I may have been born yesterday. But it wasn't at night.]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27942511 Thu, 24 Jan 2013 09:47:32 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27942367 said by Johkal:

That is odd considering that most offers I see will give me an immediate approval with credit limit. The card follows within a reasonable time frame.

You get BUSINESS card offers? I think most people are confusing personal with business. They work far differently.
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IF YOU FIND ANY MISTAKES IN MY WORK...Please consider that they are there for a purpose. I try to please everyone and there is always someone looking for mistakes!
]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27942367 Thu, 24 Jan 2013 09:04:41 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27941145 said by JustBurnt :

If you don't get the new card within a week the application was denied for whatever reason, this has always been the case regardless of what any of their ads say.

He can call to speed things up but if not, his app will get in line to be viewed and considered by an analyst. This can take more than a week.

The only time an app of mine got sent to be manually reviewed was after I pissed chase off, for doing some shenanigans with my credit line. Several months later I had to wait about 2.5 weeks for a decision on a new card. Granted, my app was probably passed up and down various chains for consideration but it ultimately got done...to my surprise. ;)
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Usenet Block Accounts | Unlimited Accounts]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27941145 Wed, 23 Jan 2013 19:14:43 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27941093 said by swintec:

That is Chases way of telling you you were not instantly approved for some reason and they are taking a closer look at your credit profile in order to make a decision one way or another.

In most cases, people are approved once you click submit on the app and then the card is mailed out shortly after.

They did not like something on your credit or app so they are having it manually reviewed by a credit analyst.

got declined for a bestbuy card but still got a card in the mail for 1800.
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Well, does your car at least turn into something else? Sometimes I turn it into a trashcan. Hmm...]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27941093 Wed, 23 Jan 2013 19:00:32 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27941072 http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27941072 Wed, 23 Jan 2013 18:56:38 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27941013 http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27941013 Wed, 23 Jan 2013 18:39:52 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27940611
It doesn't take them a month to decide whether you are a good risk or not, their computer tells them instantly and a card is sent, there is no hurry for a denial letter, it is sent in the next batch, about once a month.

If you call, you can "usually" get a yes/no while you are on the phone with them.]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27940611 Wed, 23 Jan 2013 18:25:53 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27940909
In most cases, people are approved once you click submit on the app and then the card is mailed out shortly after.

They did not like something on your credit or app so they are having it manually reviewed by a credit analyst.
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Usenet Block Accounts | Unlimited Accounts]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27940909 Wed, 23 Jan 2013 18:03:44 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27940875
They want time to run your corporate financial records.

:p :p :p]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27940875 Wed, 23 Jan 2013 17:50:50 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27940551 http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27940551 Wed, 23 Jan 2013 16:28:23 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27939900 http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27939900 Wed, 23 Jan 2013 13:35:04 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27938814 said by Rob:

Who cares?

X2]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27938814 Wed, 23 Jan 2013 09:23:37 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27938650 --
If you can't open it, you don't own it.]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27938650 Wed, 23 Jan 2013 08:36:11 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27938599 Then in the 90's Banks rubber stamped every application, and people went in debt over their heads.
Then the banks took a huge hit in 2008-2009 and since then have been cautious about credit.

IMO, banks should have stayed with the tight fisted ways of the 70's and not handed out cards to dogs, cats, birds, children, and others that had no reason to have a card in the first place.
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Is a person a failure for doing nothing? Or is he a failure for trying, and not succeeding at what he is attempting to do? What did you fail at today?.]]> http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27938599 Wed, 23 Jan 2013 08:05:53 EDT Re: credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27938507 http://www.dslreports.com/forum/Re-credit-cards-decide-in-10-up-to-30-days-27938507 Wed, 23 Jan 2013 06:37:47 EDT credit cards decide in 10 ... up to 30 days :/ http://www.dslreports.com/forum/credit-cards-decide-in-10-up-to-30-days-27938496
now I see:

> "Our goal is to notify you in writing within 10 days; however, in some circumstances it may take up to 30 days."

what gives?

thanks...
Click for full size
]]> http://www.dslreports.com/forum/credit-cards-decide-in-10-up-to-30-days-27938496 Wed, 23 Jan 2013 06:28:55 EDT