Credit Card Center Advertiser Disclosure†
03-16-2013 08:23 PM
My cap one with 300 limit I get no love.
My girlfriends cap one goes from 300 to 1800? She tells me today, "oh by the way, my Capital one is showing I have an 1800 limit." All non-chalant-like. She doesn't even care as much as I would have.
UGH. I'm happy for her honestly i am....
03-16-2013 08:39 PM
03-16-2013 09:53 PM
I have been putting 300-400 a week through my $500 dollar limit cash rewards card hoping they will auto CLI my card to higher what they initially stated. Capital one said my card is enrolled in credit steps, but I only qualify for a $200 dollar increase
03-16-2013 10:51 PM
03-17-2013 06:46 AM
I just noticed on my credit report that they say my account was in dispute and now resolved. I think they don't make any sense at all. I think they consider the fact that I sent a BBB complaint about them that it meant I was disputing. However, that is neither the spirit or meaning of dispute for credit bureau reporting. My BBB complaint had nothing to do about the balance or transactions, but the fact after 2 years I had never been given a CLI. Maybe they are hoping I will notice this and close the account or it makes them look better that they resolved it.
03-17-2013 08:14 AM
Capital One is trying to transition from the subprime to prime credit card users.
They have excelled and built a financial empire on offering credit to high risk borrowers. This is the business they know best (just as charge cards is the one Amex knows best), and many of their systems and characteristics are still based on the high risk card user. While they're trying to offer prime cards (the Venture series), many of the systems and fail safes for their subprime business is still imprinted on their higher tiered cards.
I'd imagine they can fix this over time, but with a company this large, it's going to take some time before they have the processed refined.
03-17-2013 05:32 PM
Capitalone is only good to start the rebuiding procces.Thats it. Anything else will be a lotary whos winner is uknown,eitherway you gain something.Credit history.
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.
* 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.
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.