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CreditHealthy
Established Contributor

Random question

Didn't know which section to post this question. Why does Capital one keep sending me these stupid "Congrats you've been pre approved for a car loan"!! (That i don't need) but refuses to give me a decent CLI on my capital one credit card?? I mean if you can trust me with a possible $400.00 per month car note, why can't you raise my limit by a few thousand?.....I'm just saying:-)

What's in my sock drawer? NFCU LOC 15,000] NFCU Cash Rewards 20,000][ Golden 1Platinum Rewards Card 6,600 Discover It 5,000,] {NFCU goRewards 17,500} Barclaycard 1250.00,]Cap one 750.00 ], Watering my garden for the next five years:-)
EQUIFAX 727 EXPERIAN 732 TRANSUNION 743 FICO} STARTING SCORE....554 July 2013
Message 1 of 6
5 REPLIES 5
09Lexie
Moderator Emerita

Re: Random question

There's a difference between secured collateral and revolving debt. For some reason, they feel comfortable with lending on the former instead of the latter. 

Message 2 of 6
CreditHealthy
Established Contributor

Re: Random question

Thanks 09Lexie, because i sure was wondering, seemed sort of odd to me:-)

What's in my sock drawer? NFCU LOC 15,000] NFCU Cash Rewards 20,000][ Golden 1Platinum Rewards Card 6,600 Discover It 5,000,] {NFCU goRewards 17,500} Barclaycard 1250.00,]Cap one 750.00 ], Watering my garden for the next five years:-)
EQUIFAX 727 EXPERIAN 732 TRANSUNION 743 FICO} STARTING SCORE....554 July 2013
Message 3 of 6
john398
Senior Contributor

Re: Random question

I agree, a car loan is easier with some lenders than a Credit Card, I got a 2% car loan from PenFed however they won't give me a credit card yet

Message 4 of 6
cobbson
Regular Contributor

Re: Random question

The difference is the repo man!
Message 5 of 6
CreditHealthy
Established Contributor

Re: Random question

Thanks all! LOL cobbson!

What's in my sock drawer? NFCU LOC 15,000] NFCU Cash Rewards 20,000][ Golden 1Platinum Rewards Card 6,600 Discover It 5,000,] {NFCU goRewards 17,500} Barclaycard 1250.00,]Cap one 750.00 ], Watering my garden for the next five years:-)
EQUIFAX 727 EXPERIAN 732 TRANSUNION 743 FICO} STARTING SCORE....554 July 2013
Message 6 of 6
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