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Contributor
BearOSO
Posts: 96
Registered: ‎10-03-2012

What is the deal with Capital One?

So i've read CrapOne, Crap none and other variations for Capital One, so what gives? lol


Starting Score: 656 12/2012
Current Score: FICO (USAA pulled) EXP:678 | myFICO EQ:676 | myFICO TU:685 | App free since 2/1/2013

Senior Contributor
fishbjc
Posts: 3,324
Registered: ‎11-30-2007

Re: What is the deal with Capital One?

Cap One is considered by to sub-prime.  However, it's a good card to rebuild or start with.  Cards just don't grow with you and they're not good about giving too many credit line increases.

 

 

New Visitor
janejo2013
Posts: 0
Registered: ‎12-28-2012

Re: What is the deal with Capital One?

2009 Cap One approved a card for 300 dollar credit. I activated it over the phone, went to the store to use the card and was told the card was invalid!

 

I NEVER used the card yet it is now on my credit report for THREE HUNDRED DOLLARS!

 

What to do?

Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008

Re: What is the deal with Capital One?

Call Cap One. 

 

If they charged your card fees to open it, it could have run it to the CL.

Valued Contributor
GregB
Posts: 1,670
Registered: ‎05-24-2007

Re: What is the deal with Capital One?

Capital One has many different cards and are not just subprime.

 

I have a personal card opened at $10k limit, which is now $18K. I also have a CapOne business card opened at $15K, now raised to $20K. Reasonable rewards, no fees, and no complaints other than they pulled all three CRAs for approval.


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