05-12-2008 10:17 PM
05-13-2008 04:45 AM
05-13-2008 06:41 PM
05-13-2008 06:48 PM
05-13-2008 06:54 PM - edited 05-13-2008 06:57 PM
Here is my experience based on chargeoffs w/ba and cap 1. note: chargeoffs were OFF my reports before I applied for ccs again. new ba/cap 1 ccs were issued in 4/08.
Ba- declined for ‘regular’ cc (probably due to my low ficos rather than my past w/BA), issued 99/500 cc which, per BA will unsecure in 9-12 mos./graduate to a ‘regular’ cc w/a HIGH CL if I keep it in ‘good standing’ (PIF, low utilization, no lates, overlimits, etc.)
Cap 1- instant approval, issued cc (low cl- 300), indicated i would get 'regular' CLIs if i keep it in 'good standing'
Neither co. mentioned my past history w/them, so apparently they don’t blacklist for forever. Amex on the other hand…well, they DO blacklist for forever apparently and said as much when I tried to take them up on a preapproved offer they sent me. note: the chargeoff w/amex was OFF my reports at the time. amex has a VERY long memory as my 'bad behavior' w/them is going on 10+ yrs and apparently they'll never love me again
05-13-2008 06:55 PM
marty56 wrote:I closed a card with Cap 1 a few years back and have never gotten any offer from them again including there pre-approval website.Dont want to waste an INQ to find out and I have access to better CC if need be.I had a BofA card in DMP and they treat DMP people worse then if you do a CO.Just my thoughts but with so many choices out there and possible better ones, why would you go back to a CCC that you had a problem with in the past?
05-13-2008 07:17 PM
05-13-2008 09:14 PM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.