03-05-2013 12:57 PM
About a week ago, I applied for Best Buy credit, turns out Capital One issues their credit cards. Well soon after getting approved I received a letter from Capital One, informing me that I was approved and it also gave me a credit score. This credit score freaked me out, because it read 274! And my fico score is 679! As I kept reading turns out that their scoring system is roughly from 130 to a maximum of 298. Is anyone familiar with this scoring system? If so why did I only get approved for a 600 limit, if by the looks of it 274 out of 298 is pretty good. Isn't?
03-05-2013 01:02 PM
huh...I have never run into this one. Be interested to see what folks think.
03-05-2013 01:46 PM
03-05-2013 02:59 PM
03-05-2013 05:02 PM
Add me to the list of those who are flabbergastered... I've never seen such a scoring system, either!
03-06-2013 06:10 AM
I applied about two weeks ago when I received my card had the same letter I have been trying to figure it out also. But the letter I got I believe said from 115 to 3something but I will have to check again when I get home.
03-06-2013 06:47 PM
I Dont know guys, but thats what the letter said. I hope anyone out there (in here) have some information, Im curious.
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