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Established Contributor
lithium78
Posts: 929
Registered: ‎07-30-2011

Re: LOL Credit One

I had a Credit One card while I was rebuilding.  At the time, it was acceptable as a bottom of the barrel card, since they gave free CLIs.  After the CARD Act passed, however, they started charging $19.95 per CLI to make up for the fact that they couldn't charge for online payments anymore.  (Of course, I avoided the online payment charge by paying-by-mail.)  I'm so glad those days are behind me.  Keep up the good work and, before you know it, you'll have this card in your rearview mirror as well.


Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

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Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Re: LOL Credit One


injustifiiable wrote:

I love you guys already!

 

Not only do I get the card, I also get a statement with the annual fee already posted! It's since reported to CRAs...bastids...I wanted to pay you off so it'd report zero!

 

 

 


Make sure you check your bill monthly otherwise they might charge for some stupid crap.....Its a Cap one + Credit one = Crappie One........They probably brother and sister......

 


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
ryanbush
Posts: 1,293
Registered: ‎08-19-2012

Re: LOL Credit One

[ Edited ]

if you do a little research you will actually find that credit one is owned by a collection agency... it's one of my first credit cards, i called to cancel it last week and they waived the annual fee for a year... i guess i'll keep it to have the extra 1200 in available credit

Chase Sapphire Perferred | Chase Freedom | AMEX Platinum | AMEX Delta Platinum | AMEX SPG | Capital One Venture | Capital One Quicksliver | Discover IT | ABFCU Visa | Citi AA WEMC
Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Re: LOL Credit One


ryanbush wrote:

if you do a little research you will actually find that credit one is owned by a collection agency... it's one of my first credit cards, i called to cancel it last week and they waived the annual fee for a year... i guess i'll keep it to have the extra 1200 in available credit


interesting what collection you talking about ?

 


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
ryanbush
Posts: 1,293
Registered: ‎08-19-2012

Re: LOL Credit One

Sherman Financial Group, LLC.

Chase Sapphire Perferred | Chase Freedom | AMEX Platinum | AMEX Delta Platinum | AMEX SPG | Capital One Venture | Capital One Quicksliver | Discover IT | ABFCU Visa | Citi AA WEMC
Established Contributor
jordanmedical
Posts: 1,011
Registered: ‎04-08-2012

Re: LOL Credit One

I wasn't pre-approved on theit website until recently, luckily got approved at NFCU and came to my senses before I took it lol

-Rebuilding with CapOne Cash: $1.5k, NFCU cashRewards $8.5K, NavCheck $5K, Wal-Mart: $1.1K, Sam's: $1.2K, Amazon: $1.9K, Apple Barclay: $3K, Haverty's: $1.5K, GE capital: $5K, Sears: $250(AU), PP MC:$1.5K, CareCredit:$3K (closed 1st home 05/08/13)
Starting Score: 492-TU04, 480-EX FICO V2, 467-EQ Beacon 5 (Via Mortgage PreQual March '12)
Current Score: EX,EQ,TU (lender pull): 652, 659, 689, Walmart TU FICO: 691 (05/13)
Goal Score: 700

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New Contributor
mmmagique
Posts: 82
Registered: ‎04-05-2011

Re: LOL Credit One

Well Scott, I agree. But if someone is sending me something from what looks like one of my banks, (let's say 5/3, but they use 5/2 and look a lot like 5/3) you can bet they are trying to profit off of the other companie's success. There have been big law suits (won) from that kind of behaviour.

Frequent Contributor
rightcoast
Posts: 278
Registered: ‎12-10-2012

Re: LOL Credit One

I am very interested in how you have such high credit limits on CC's. I started with scores way higher and my CL's are 400, 300, 250 : /

 

Good job. Can you give me some advice ha


Starting Score: 530 (EQ) 03-2012
Current Score: 678 (TU) myFico 04-2013, 649 (EQ myFico
Goal Score: 720+

Wallet: Wells Fargo Secured- 400 CL, Capital One Secured- 250 CL, Credit One Unsecured- 300 CL
Frequent Contributor
rightcoast
Posts: 278
Registered: ‎12-10-2012

Re: LOL Credit One

@ Razeus


Starting Score: 530 (EQ) 03-2012
Current Score: 678 (TU) myFico 04-2013, 649 (EQ myFico
Goal Score: 720+

Wallet: Wells Fargo Secured- 400 CL, Capital One Secured- 250 CL, Credit One Unsecured- 300 CL
Senior Contributor
john398
Posts: 3,513
Registered: ‎01-19-2009

Re: LOL Credit One

There logo looks so similar to Capital 1


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