No idea with CapOne.
I was denied a CLI on my 1 year old $1500 card last week for not enough card usage and too many inquiries. I contacted them on Facebook and EO called me yesterday.
I explained that I thought using the card for $100 or so each month and PIF was responsible card usage... and even got a letter when Barclay gave me a CLI thanking me for using their card responsibly. Funny how banks differ in opinion.
I explained the 1 inquiry this year was an auto refi... the others are 6-12 months old from opening my new accounts last year. It doesn't seem too difficult to see that I am deserving of an increase... And I told them if they want to see more usage that's what they need to do.
Waiting on a return call...
@CreditGuy03 wrote:What exactly are they looking for when you request a CLI online? They ask for income and housing payment yet you never have to send any proof.
If it helps -- and I doubt it will, as Cap1's CLIs seem to work by an unknown methodology -- I was declined for a CLI at EX620, but was able to recon for a $250 increase. At EX699/EQ689, I was automatically given a $2000 increase.
For CLIs, by the way, it looks like Capital One softpulls Equifax, as my most recent TU/EX reports don't list any contemporaneous inquiry from them.
Gardening since May 2015
@ACG23 wrote:
@CreditGuy03 wrote:What exactly are they looking for when you request a CLI online? They ask for income and housing payment yet you never have to send any proof.
If it helps -- and I doubt it will, as Cap1's CLIs seem to work by an unknown methodology -- I was declined for a CLI at EX620, but was able to recon for a $250 increase. At EX699/EQ689, I was automatically given a $2000 increase.
For CLIs, by the way, it looks like Capital One softpulls Equifax, as my most recent TU/EX reports don't list any contemporaneous inquiry from them.
Good to know.
My EO review is pending and EQ is my high score.
I have 2 cap1 cards (1.2K/4.2K) with 14 years history each and around 800EQ score, been declined for CLI many times due to lack of usage, did not want go through the trouble of contact CO
EX819 1HP|TU797 1HP| EQ(Fico8 BankCard)841
@TRC_WA wrote:
@ACG23 wrote:
@CreditGuy03 wrote:What exactly are they looking for when you request a CLI online? They ask for income and housing payment yet you never have to send any proof.
If it helps -- and I doubt it will, as Cap1's CLIs seem to work by an unknown methodology -- I was declined for a CLI at EX620, but was able to recon for a $250 increase. At EX699/EQ689, I was automatically given a $2000 increase.
For CLIs, by the way, it looks like Capital One softpulls Equifax, as my most recent TU/EX reports don't list any contemporaneous inquiry from them.
Good to know.
My EO review is pending and EQ is my high score.
I asked for $1500 to $3000... They gave me $500 to $2000. Just saw it in online banking... Waiting on a return call still.
