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HiLine
Posts: 3,160
Registered: ‎10-19-2012
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Re: Capital One CLI Request Online Now - UPDATE


lajntx wrote:

noobody wrote:
 the reason is "A credit limit increase on your account is currently not available upon request in order to review 

account activity at assigned credit limits"

 

can somebody explain to me what is that mean?


Capital One excuse book:

 

Account does not have enough time at current limits to determine if risk potentional meets required guidelines****

 

from the bottom of the page in the footnotes : **** Not like we will give one anways

 

 

Plain English:

 

Thank you for asking for a higher limit, however, we do not want to give you a higher limit because we simply do no want to.

 

Street Slang:

 

Yo fool! You`s think you going to get a limit increase because we allowed you to ask? Ha! are you crazy or sumpthin?


Lol

Established Contributor
lithium78
Posts: 930
Registered: ‎07-30-2011
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Re: Capital One CLI Request Online Now - UPDATE

Well, I am now one month back in the garden.  Honestly, I have pretty much every credit card I need.  Now that I've been approved for a mortgage, I no longer have any big ticket items I need credit to purchase.  So, things are looking good.  I've come a long way over the past seven years. :smileyhappy:


Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

Take the FICO Fitness Challenge
Valued Member
liandur
Posts: 46
Registered: ‎08-27-2012
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Re: Capital One CLI Request Online Now - UPDATE

[ Edited ]

Simply827 wrote:

 

 

".....NOT AVAILABLE IN ORDER TO REVIEW ACCOUNT ACTIVITY AT ASSIGNED LIMITS"

 

I would say this means they want to see how you use the card first before deciding to grant you CLI. Other have been denied CLI for not using enough of their current credit line. 


I would think so as well...but...I have had this card for well more than a year, it has a $1500 cl and I have ran thousands through it. I have PIFd months on end with about 30% util, I have carried a high balance (never maxed) and made multiple payments 4-6X the minimum payment multiple times a month, I have charged low amounts to it and PIFd months at a time---never have I been late on any payments. They have seen how I use my card---well maybe now it will be USED. May SD it!

Contributor
darkpearl
Posts: 82
Registered: ‎03-22-2012
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Re: Capital One CLI Request Online Now - UPDATE

I just got a $2k CLI! My util has been a little funky lately but I didn't want to wait around for a month to see if it would update just to have them say my account was ineligible... Happy surprise :smileyhappy:

cap1 cli

Amex BCE $14.9k --- Cap1 QS $10.5k --- US Bank Cash+ $9.5k --- Target RedCard $300
Frequent Contributor
blunderer
Posts: 377
Registered: ‎01-09-2013
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Re: Capital One CLI Request Online Now - UPDATE

Niiiiice. Congrats. 

Regular Contributor
Marcos8
Posts: 228
Registered: ‎05-31-2013
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Re: Capital One CLI Request Online Now - UPDATE

Is this a soft pull? Congrats on the CLI!

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LawStudentCivilis
Posts: 311
Registered: ‎06-14-2013
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Re: Capital One CLI Request Online Now - UPDATE


darkpearl wrote:

I just got a $2k CLI! My util has been a little funky lately but I didn't want to wait around for a month to see if it would update just to have them say my account was ineligible... Happy surprise :smileyhappy:

cap1 cli


Hi darkpearl,  can you share what your credit profile was when you received the increase? How long have you been with Capital One?

Contributor
darkpearl
Posts: 82
Registered: ‎03-22-2012
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Re: Capital One CLI Request Online Now - UPDATE

I have been with Capital One since spring 2012. Util was definitely under 20% but very high on certain cards. Util on the cap1 card was low, maybe 10% each statement PIF but not before statement cut. It's my every day card because it is the no hassle rewards. At one point I may have been in the credit steps program because I received a $500 CLI after 6 statements, it is also the mastercard version but no AF. It was my 2nd credit card ever. My AAoA is low as you can tell from the date. You can see my other cards and most recent verified score in my sig. Maybe 6 inqs.

Amex BCE $14.9k --- Cap1 QS $10.5k --- US Bank Cash+ $9.5k --- Target RedCard $300
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KingAdrock
Posts: 656
Registered: ‎07-17-2007
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Re: Capital One CLI Request Online Now - UPDATE

[ Edited ]

Well, I got my response: Nope.

 

The current credit line for this type of account makes the account ineligible for a credit line increase upon request

Whodawhat? :smileyfrustrated: I guess this means my CL is at the cap?

This account has not had at least 3 monthly payments made over the last year

Of course, that's because it's in the sockdrawer, dummy. I've had store cards with a higher CLs.

 

Your Credit Score: 793 Date: 2013-05-28

That's so close to 800 it makes my eye twitch in irritation. (I want to be in the 800 club really bad)

Valued Contributor
TiggerDat
Posts: 1,070
Registered: ‎10-15-2011
0

Re: Capital One CLI Request Online Now - UPDATE


KingAdrock wrote:

Well, I got my response: Nope.

 

The current credit line for this type of account makes the account ineligible for a credit line increase upon request

Whodawhat? :smileyfrustrated: I guess this means my CL is at the cap?

This account has not had at least 3 monthly payments made over the last year

Of course, that's because it's in the sockdrawer, dummy. I've had store cards with a higher CLs.

 

Your Credit Score: 793 Date: 2013-05-28

That's so close to 800 it makes my eye twitch in irritation. (I want to be in the 800 club really bad)



This account has not had at least 3 monthly payments made over the last year

Oh, OOh, Oh, do this.  Buy me a pack of gum on your card then buy a small box for it the next month and then the following month mail it me.  Make the payments each month and then post about what happens in 4 months and I will wait to chew the gum until then.



Rethink every purchase you make, before you make it. Use the card with the best rewards. Pay in full each month. Redeem rewards often. Use the cards online shopping for more discounts. Smile, knowing that being thrifty allows you to actually get more out of the same amount of money!

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