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Fellows with 500's pre qualify for Cap1 and i dont?

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NRB525
Super Contributor

Re: Fellows with 500's pre qualify for Cap1 and i dont?


@Pway wrote:

Give it some more time. 2 months is not a long time.  Watch those cards grow and maybe 6 months to a year try again. 


^^This

Capital One is fine as a credit card company, but you can't expect to launch into a Venture after two months. Show those two cards lots of usage and payment, and 6 months to a year later, there may be a Venture.

 

Also, how old are you? The Student card says younger?

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 11 of 13
CreditCuriosity
Moderator Emeritus

Re: Fellows with 500's pre qualify for Cap1 and i dont?

IMO you are seeking credit way to agreesively.. I know you have a good score and all, but your oldest account is still very young and from your other posts this year with just Amex along you applied for 3 cards within a month of each other?  Not sure what else you have added this year..  Being you very new to credit and adding a ton of new accounts is a huge red flag for a person to get into trouble.  Just mellow for 6 months or a year then go hog wild for another few cards and you will be alot more pleased with your results.

Message 12 of 13
orestrus
Frequent Contributor

Re: Fellows with 500's pre qualify for Cap1 and i dont?

Im 35, not a student) Yeah, I promised my self to not to apply for anything else until about June of next year, hopefully my score will settle middle 700s..I was just cirious as to why people with much lower scores get pre approved and I dont. In 8 months I scored about $40k in unsecured credit (think just jumped over my head) and right now is solely focused on letting my cards mature..Cant wait for times when I start getting bombarded with pre approvals)

BofA 5k, Cap 1 Journey 300, Cap 1 QS1 300, Walmart 6k,
Amex BCE 2000, Amex PRG, Amex Delta Gold 2k, Macy's 5k, Bloomies 6k, Amazon 6k, JCP 5k Macy's Amex 1.5k,
Message 13 of 13
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