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Frequent Contributor
Cotton_Britches
Posts: 258
Registered: ‎06-11-2008

Capital One's Blacklist

I had a Capital One card many years ago: charged off (about $700), no longer on my credit report, never paid it because it was sold to a CA.

 

Should I apply again now or will that past charge off result in an automatic decline?

 

I hate to waste an inquiry.

_______________________________________________________________________________________

"I will walk by faith, even when I cannot see. Because this broken road prepares your will for me." - Jeremy Camp
Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009

Re: Capital One's Blacklist


missypants wrote:

I had a Capital One card many years ago: charged off (about $700), no longer on my credit report, never paid it because it was sold to a CA.

 

Should I apply again now or will that past charge off result in an automatic decline?

 

I hate to waste an inquiry.


 

They do blacklist.  Fortunately, though, if you are on their blacklist they do not even pull your credit report.

 

YMMV.

IAALBNYL
Senior Contributor
BungalowMo
Posts: 4,095
Registered: ‎05-01-2008

Re: Capital One's Blacklist


O6 wrote:

missypants wrote:

I had a Capital One card many years ago: charged off (about $700), no longer on my credit report, never paid it because it was sold to a CA.

 

Should I apply again now or will that past charge off result in an automatic decline?

 

I hate to waste an inquiry.


 

They do blacklist.  Fortunately, though, if you are on their blacklist they do not even pull your credit report.

 

YMMV.


That is exactly what happened to me...minewas a CO, but I did pay it back in 04.  (falling off the last report this July)  Tried for the card again...NOPE!  But, as 06 said...they didn't pull my report.

 

There's other fish in the sea...try for another card elsewhere....



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Current Score: 04/2013 TU 744 EQ 720 EX 712
Goal Score: 850


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Frequent Contributor
Cotton_Britches
Posts: 258
Registered: ‎06-11-2008

Re: Capital One's Blacklist

Thanks BungalowMo, I will do just that!
_______________________________________________________________________________________

"I will walk by faith, even when I cannot see. Because this broken road prepares your will for me." - Jeremy Camp
Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009

Re: Capital One's Blacklist


BungalowMo wrote:

O6 wrote:

missypants wrote:

I had a Capital One card many years ago: charged off (about $700), no longer on my credit report, never paid it because it was sold to a CA.

 

Should I apply again now or will that past charge off result in an automatic decline?

 

I hate to waste an inquiry.


 

They do blacklist.  Fortunately, though, if you are on their blacklist they do not even pull your credit report.

 

YMMV.


That is exactly what happened to me...minewas a CO, but I did pay it back in 04.  (falling off the last report this July)  Tried for the card again...NOPE!  But, as 06 said...they didn't pull my report.

 

There's other fish in the sea...try for another card elsewhere....


 

Gotta be vigilent, too, because CrapOne likes to invent stories about how you owe them money when, in fact, you never ever had any type of account with them much less a delinquent one.

 

When they told me I was declined for having a negative history with CrapOne, the lady I spoke with specifically told me, "The account was sold long ago to a collection agency.  By the way, even if you do pay this off you'll still remain on our blacklist."

 

 

IAALBNYL
Senior Contributor
BungalowMo
Posts: 4,095
Registered: ‎05-01-2008

Re: Capital One's Blacklist

[ Edited ]

Hey missy...one more question.....how old is this card??  I'm guessing this is your only one as well, right?

 

I just mentioned this to another member who has a similar scenerio....have you been with your bank long??  If you have a nice history & a checking and/or savings, maybe try with them.  If it weren't for my bank visa, I wouldn't be on the upturn with the limits I've received since then.

 

What do your FICO's look like these days?? 

 

*Edit....just saw your sig block!  :smileyhappy:  I think those #'s should get you in the 'hood of a $2500 card.  As long as any baddies are well on the way off your reports.

Message Edited by BungalowMo on 02-01-2010 06:36 PM


Starting Score: 07/2011 TU 732 EQ 717 EX 702
Current Score: 04/2013 TU 744 EQ 720 EX 712
Goal Score: 850


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New Contributor
dcw0405
Posts: 61
Registered: ‎11-15-2007

Re: Capital One's Blacklist

I had a credit card with Capital One that was opened in 2002.  LONG story short, it ended up with 120+, 90, 60, 30 day derogs and that acct became restricted in 2007 I believe (maybe 2006).  I finally paid it off though, even though the account was closed, it was still being reported to the credit bureaus.  Last year, I was able to open another credit card with Capital One BUT I pay an annual fee of $39.00 for it.  I know that an annual fee is bad but, is has a 7% interest rate, and I use it to help build my credit.  And it has helped significantly.  When my credit gets good enough, I'll simply tell them I want to cancel the card bc of the annual fee and maybe then they'll get rid of it for me.  Anyhoo, you may be able to get a card w/ an annual fee.

Starting Score (01/31): TU: 563; EXP: 601
Current Score (02/09): TU: 631; EXP 648
Goal Score:Over 700, PLEASE!! :smileyhappy:

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Senior Contributor
Wolf3
Posts: 3,198
Registered: ‎01-24-2010

Re: Capital One's Blacklist

Does anyone know if they have a "whitelist".   Do they keep good history past the 10 years that it is on you credit report.
Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009

Re: Capital One's Blacklist


dcw0405 wrote:
I had a credit card with Capital One that was opened in 2002.  LONG story short, it ended up with 120+, 90, 60, 30 day derogs and that acct became restricted in 2007 I believe (maybe 2006).  I finally paid it off though, even though the account was closed, it was still being reported to the credit bureaus.  Last year, I was able to open another credit card with Capital One BUT I pay an annual fee of $39.00 for it.  I know that an annual fee is bad but, is has a 7% interest rate, and I use it to help build my credit.  And it has helped significantly.  When my credit gets good enough, I'll simply tell them I want to cancel the card bc of the annual fee and maybe then they'll get rid of it for me.  Anyhoo, you may be able to get a card w/ an annual fee.

 

Perhaps your card at the time you paid it off it was still owned by CrapOne.  That may have made a difference.
IAALBNYL
Frequent Contributor
Cotton_Britches
Posts: 258
Registered: ‎06-11-2008

Re: Capital One's Blacklist

Yeah BungalowMo:

 

I'm going to allow a few baddies to fall off in 2010 then apply for one through my credit union. I have a CC now with Citibank but the limit is very low ($500), but it's a start!

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