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Starting Credit Lines

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Anonymous
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Re: Starting Credit Lines

The secure card was initially SL $300.00, they automatically raised it to $500 after 3 months.  I never paid into it i order to raise the limit.  Then, they changed their policy and the card was no longer eligible to add funds to so its a permanent fix at $501.00.  Thanks Smiley Wink

Message 31 of 34
Anonymous
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Re: Starting Credit Lines

My thought on this is that by combining the Venture card (if I apply and receive) with my QS, will raise my QS limit.  Then later on when I apply for new CL with a different creditor, I might receive a better SL.  I came to this deduction by noticing that each credit card I have applied for after QS started me with the same SL given by Cap One.

Hope this makes sense.

 

Maybe I am wrong with this thinking?  Perhaps someone with more knowledge on these things can chime in? Smiley Happy

Message 32 of 34
Anonymous
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Re: Starting Credit Lines

Thanks for this info - would you expand more regarding the internal scores? 

Message 33 of 34
Anonymous
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Re: Starting Credit Lines

Thanks SouthJamaica -- do you mean their credit card rates?  

Message 34 of 34
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