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I_SUFFER_FROM_FICO_ENVY
Posts: 63
Registered: ‎04-03-2012

IMPORTANT INFO regarding CapOne Credit Line Increases....

Just an FYI... I have a CapOne that I opened in 2003. I called last week about CLI and got the same info posted here that this particular card is "not eligible" for CLI blah blah blah. But, then, the rep asked "why" I want a CLI? "Did my income situation change since I opened my account in 2003?" I said, "Yes. Very much so. I was a 'student' in 2003. I'm now an RN working two jobs since making over $85+. Been an RN since 2007." He said, "Oh, I see. You are still listed in our records as a student here making $20K" So, he UPDATED my information accordingly. He said its PROBABLE that when they reviewed my account periodically that my status STILL REPORTING AS A STUDENT MAKING 20K was most likely the reason I wasn't getting any CLI. Perhaps this info I am sharing may help some of you guys. We will see if I now get any CLI.
Moderator
Shogun
Posts: 10,925
Registered: ‎04-15-2011

Re: IMPORTANT INFO regarding CapOne Credit Line Increases....

Good Luck but don't expect growth with Cap1.  


Starting Score: 504

Current Score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: IMPORTANT INFO regarding CapOne Credit Line Increases....


I_SUFFER_FROM_FICO_ENVY wrote:
Just an FYI... I have a CapOne that I opened in 2003. I called last week about CLI and got the same info posted here that this particular card is "not eligible" for CLI blah blah blah. But, then, the rep asked "why" I want a CLI? "Did my income situation change since I opened my account in 2003?" I said, "Yes. Very much so. I was a 'student' in 2003. I'm now an RN working two jobs since making over $85+. Been an RN since 2007." He said, "Oh, I see. You are still listed in our records as a student here making $20K" So, he UPDATED my information accordingly. He said its PROBABLE that when they reviewed my account periodically that my status STILL REPORTING AS A STUDENT MAKING 20K was most likely the reason I wasn't getting any CLI. Perhaps this info I am sharing may help some of you guys. We will see if I now get any CLI.

That rep is taking you for a LOOOONNNG ride...........:smileyvery-happy:

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Moderator
Shogun
Posts: 10,925
Registered: ‎04-15-2011

Re: IMPORTANT INFO regarding CapOne Credit Line Increases....

Spoiler alert!!!   I know how the ride ends. :smileysad:


Starting Score: 504

Current Score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Going for Wade64's RUDY Spade!
Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Re: IMPORTANT INFO regarding CapOne Credit Line Increases....


Shogun wrote:

Spoiler alert!!!   I know how the ride ends. :smileysad:


lmao

 


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

Valued Contributor
chasmith
Posts: 1,059
Registered: ‎05-26-2010

Re: IMPORTANT INFO regarding CapOne Credit Line Increases....

[ Edited ]

CapOne is a low to mid quality CC company - and results are often unpredictable.  Bottom line though is they aren't going to handle your improving circumstances the way one would think makes sense (i.e. grow a good customer relationship).  You don't say how your scores, utilization, etc. are looking but why not identify a good Credit Union and apply there.

 

Do you live an an area where they have bank branches (like the Washington, DC or Texas areas)?  If you do it might be worth going in, in person, and talking to a branch person, they offer a whole different menu out of the branches.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
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Established Contributor
calihlove75
Posts: 786
Registered: ‎05-16-2012

Re: IMPORTANT INFO regarding CapOne Credit Line Increases....


Shogun wrote:

Spoiler alert!!!   I know how the ride ends. :smileysad:


HaHaHa..lol~ Thank you, I needed that laugh :smileywink:

100% Ficos: EX 753, TU 743, Walmart TU fico 749, EQ 739 Inquiries last 1 year/6 months: EX-0/0, TU- 0/0, EQ-2/1~ last credit card app 6/24/13- New car loan 3/8/2014
Discover IT $8000~Kohls $1000~Amex BCE $2000~ Walmart Discover $7500~NFCU Signature CashRewards $12,100~ Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $2500~ Amazon Store $7000~ Fingerhut $1350
Established Contributor
Jlu
Posts: 532
Registered: ‎06-12-2012

Re: IMPORTANT INFO regarding CapOne Credit Line Increases....

Yeah that CSR is full of you-know-what. My income on my Cap1 app is listed as $148,500 and my limit is still $750 to this day.

Wallet: JP Morgan Select Visa Signature $10k | Chase Sapphire Preferred $7k | Citi ThankYou Premier Visa Signature $5700 | AMEX Premier Rewards Gold Card | Barclaycard Visa $5k | Discover IT $10k | Chase Freedom Visa $3k | Capital One Quicksilver $3k | Bank of America Cash Rewards Visa Signature $8k | Walmart Store $5k | Amazon Store $10k | Chase Total Checking |

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