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Regular Contributor
radtc99
Posts: 142
Registered: ‎10-05-2010
0

WILL having open disputes keep a CC from being approved?

I was pre-approved for a unsecured cc from capital one(big step from only my secured card). when I filled out the online application it said I was approved and the card, and limit would be mailed in the mail in 7-10 days. But Ive read that if you have open disputes that it can keep credit applications from going through

 

does anyone have experience with this, do you think im safe since it said approved?

 

thanks in advance


Starting Score(FEB 10): TU-542(FAKO) EQ-? EX-?
Current Score(04/02/11): TU-665 EQ-644 EX-681
(12/10/10) TU-655 EQ-620 EX-681 (LENDERPULL)
Goal Score(hopefully by DEC 2011): TU-700 EQ-700 EX-700


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Regular Contributor
iluvmyfico
Posts: 163
Registered: ‎03-10-2008
0

Re: WILL having open disputes keep a CC from being approved?

Think that you are all set.  I have an open dispute also and just got a CC too.  I wouldn't be worried about it.

Regular Contributor
radtc99
Posts: 142
Registered: ‎10-05-2010
0

Re: WILL having open disputes keep a CC from being approved?

thank you, that made me feel better. I was going to be sick if I wasted a hard inquiry on a non-approval.


Starting Score(FEB 10): TU-542(FAKO) EQ-? EX-?
Current Score(04/02/11): TU-665 EQ-644 EX-681
(12/10/10) TU-655 EQ-620 EX-681 (LENDERPULL)
Goal Score(hopefully by DEC 2011): TU-700 EQ-700 EX-700


Take the FICO Fitness Challenge
Regular Contributor
iluvmyfico
Posts: 163
Registered: ‎03-10-2008
0

Re: WILL having open disputes keep a CC from being approved?

Nope you're good.  I had many disputes and possibly one open when I got my Capital One card.  Be good to it and congrats on the new CC. Hopefully my Capital one starts growing with me.

Regular Contributor
radtc99
Posts: 142
Registered: ‎10-05-2010
0

Re: WILL having open disputes keep a CC from being approved?

ive read on here that open disputes can keep from getting a mortgage approved so my question is when is a safe time to stop disputes and request the open ones to close before I apply for  a loan?

 


Starting Score(FEB 10): TU-542(FAKO) EQ-? EX-?
Current Score(04/02/11): TU-665 EQ-644 EX-681
(12/10/10) TU-655 EQ-620 EX-681 (LENDERPULL)
Goal Score(hopefully by DEC 2011): TU-700 EQ-700 EX-700


Take the FICO Fitness Challenge
Regular Contributor
radtc99
Posts: 142
Registered: ‎10-05-2010
0

Re: WILL having open disputes keep a CC from being approved?

congrats on your card also! Im only going to put less than 10% on a month and pif every month like I have with my secured cards. Trust me after getting this far and rebuilding after a divorce my cards are for credit building purposes only not for buying things i dont need. Wish i knew then what I know now!!! but thanks to this site im learning more and more everyday.


Starting Score(FEB 10): TU-542(FAKO) EQ-? EX-?
Current Score(04/02/11): TU-665 EQ-644 EX-681
(12/10/10) TU-655 EQ-620 EX-681 (LENDERPULL)
Goal Score(hopefully by DEC 2011): TU-700 EQ-700 EX-700


Take the FICO Fitness Challenge
Regular Contributor
radtc99
Posts: 142
Registered: ‎10-05-2010
0

Re: WILL having open disputes keep a CC from being approved?

UPDATE! You were right Iluvmyfico I was approved and it went through with the credit disputes. Its only for 300 CL but hey its a start considering its the first unsecured cc ive had in over 5 years!

 

thanks for your help


Starting Score(FEB 10): TU-542(FAKO) EQ-? EX-?
Current Score(04/02/11): TU-665 EQ-644 EX-681
(12/10/10) TU-655 EQ-620 EX-681 (LENDERPULL)
Goal Score(hopefully by DEC 2011): TU-700 EQ-700 EX-700


Take the FICO Fitness Challenge
Regular Contributor
iluvmyfico
Posts: 163
Registered: ‎03-10-2008
0

Re: WILL having open disputes keep a CC from being approved?


radtc99 wrote:

UPDATE! You were right Iluvmyfico I was approved and it went through with the credit disputes. Its only for 300 CL but hey its a start considering its the first unsecured cc ive had in over 5 years!

 

thanks for your help


Haha I was finally right, mind calling my GF and telling her??!?:smileywink:

 

Capital One is a great card for rebuilding.  And they do offer many Prime cards when you are ready.

 

Congrats again.

Regular Contributor
radtc99
Posts: 142
Registered: ‎10-05-2010
0

Re: WILL having open disputes keep a CC from being approved?

sorry but the GF are always right, lol But at least you were right this time!!! haha


Starting Score(FEB 10): TU-542(FAKO) EQ-? EX-?
Current Score(04/02/11): TU-665 EQ-644 EX-681
(12/10/10) TU-655 EQ-620 EX-681 (LENDERPULL)
Goal Score(hopefully by DEC 2011): TU-700 EQ-700 EX-700


Take the FICO Fitness Challenge

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