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 07:16 AM
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.