Credit Card Center Advertiser Disclosure

Reply
Super Contributor
Posts: 7,245
Registered: ‎04-27-2015
0 Kudos

Re: Venture

i have 660, 673, and 677 and denied for QS lol.
i am on mobile so i don't see your desktop signatures
Valued Member
Posts: 40
Registered: ‎07-08-2014
0 Kudos

Re: Venture

yeah I think ill wait a bit longer.

Contributor
Posts: 93
Registered: ‎11-02-2011
0 Kudos

Re: Venture

I just got approved for a venture for 10K, and I have several student loan baddies from 2009. Also, my utilization was extremely high, in the 90% range, on my other credit cards. So, you never know...........

Regular Contributor
Posts: 178
Registered: ‎06-21-2015
0 Kudos

Re: Venture

I got approved for Venture today. Have baddies from 6 years ago. Try their prequal site. If you see a Venture with a specific APR, then it's almost assured they will approve at that APR.

$9,550.

$27,000.

$30,500.

$31,500.
FICO EQ: 762, TU: 760, EX: 765.
Valued Member
Posts: 40
Registered: ‎07-08-2014
0 Kudos

Re: Venture

What were your scores? and what is your highets credit line?

New Member
Posts: 6
Registered: ‎01-26-2012
0 Kudos

Re: Venture

Here's what I'll say about CO:  I've never seen a company so forgiving and willing to grow with you as your financial situation improves and as you show continued responsible use on their cards.

Brief history:  Ch. 7 bankruptcy discharged 3 years ago after financial devestation from the recession.  Current FICO scores 648-655.  Current annual income is 6 figures.

My experience with Cap One and the Venture card goes like this:  CO immediately gave me a platinum MC with a low SL after my ch.7 discharge.  That card is now a QS One with a $4,000 CL.  I've put a lot of use on that card in the past 3 years and PIF with multiple payments per month.  In June of this year, I checked out the prequal site and was prequalified for the Venture card.  I applied with instant approval with $20,000 SL and 17.9% APR.  Just a few days ago, barely 2 months after opening the card, I hit the luv button and was granted a $10,000 CLI on that card for a total limit of $30,000 on the Venture card.  I've been doing the same with the Venture card as with my QS One (tons of use, multiple payments, and always PIF).  

Also, about 3 weeks ago, I applied for the Venture One and regular QS back-to-back.  Received instant approval on both.  Venture One $10k, QS VS $5k.  

I'd say could have a decent chance, but then again who knows.  CO is strange in that I've seen people with a much better credit profile than mine get rejected for the Venture Card.

Good luck and hopefully this just gives you another data point to consider!

Super Contributor
Posts: 6,809
Registered: ‎10-30-2014
0 Kudos

Re: Venture


antonyz wrote:
Has anyone gotten a venture with charge off and collections? My score are 650s across the board, but I have charge offs and collections from 2012. These are my current cards at 10% utilization
Quicksilver1 2000
Quicksilver1 1300
Freedom 1200
Credit one 600
Care Credit 3000
Amex authorized user 9000

How long have you had the QuicksilverOne cards? What is your usage / payment pattern? How heavily do you use and then how fast do you pay these two cards?

Those are decent limits on those Capital One cards, and so even with 650's I'd say you are probably a lock for a Venture, at $5k.

Even if you decide to wait, I'd start using those cards often, paying in full each month, to build up your reputation with Capital One.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727 FICO Simulator 2014: $20k balances = 812 FICO.
March 2017 $20k on $300k 6% util EQ 824 TU 824 EX 815

7 / 24 counting down to 1 Nov 2017

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.