12-09-2011 11:55 AM
My scores are listed in my signature below.
I'll be traveling in a few months and i'm looking to get a no foreign transaction fee card. I'm looking at the capital one venture card.
I have a fed lien against me that has been paid and satisfied, in process of trying to remove it... other than that, my report is stellar.
All of you that have this card, what do you think my chances are?
12-09-2011 01:58 PM
How old is your oldest card? What is your average account age? I can't give you any direct advice as I don't have the card yet, but I plan to app for this same card in 2 more months once my most recent account and inquiry are 6 months old.
According to Cap 1's site they define excellent credit for the card as someone who has never had a bankruptcy, not sure how they view a lien though.
To be a little more safe I would wait until your scores are all above 700. Capital one will do a hard pull on all 3 agencies and it might not be worth the risk of 3 HP's especially if you get denied. However if you have no plans of getting an auto loan or mortgage within the next year then it is worth a shot.
All of capital one's cards have no foreign transaction fee, of course if you apply for one of their sub prime cards you will have a limit that is too low to be of any use for international travel anyway.
12-09-2011 04:22 PM
Thanks for the response. I'm pretty new to the country so I don't have much credit history at all... I'm really curious as to how others have fared in getting credit with a satisfied lien against them...
Your oldest account was opened 3 Years, 5 Months ago
Average age of your accounts 2 years