Re: Financial Obligations too high?

EaglesFan2006 · ‎06-04-2014

I tried a random CLI attempt at Cap One and was denied for having "Financial Obligations Being Too High." i'm not surprised I was denied based on how they are with CLIs at times. That said, I'm not sure about what this reason really means? My DTI and util are pretty healthy i think. My total credit lines, and auto and student loan debt, combine for less than half of my income. So I'm unsure what this means. Any insight is appreciated.

user5387 · ‎06-04-2014

Do you know your actual DTI and utilization figures?

TRC_WA · ‎06-05-2014

CapOne is strange.

I am currently waiting on a EO manual review after being denied for a CLI due to not enough card usage. I have the same usage pattern with Barclay and got an increase and a letter from them thanking me for my responsible card usage.

Go figure.

FICO8 current as of : 4-17-24 EQ: 724 TU: 707 EX: 706
Hard INQs last 12 months: EQ: 5 | TU: 8 | EX: 9
Verizon Visa $8500 Amex Delta Reserve $10,000 Care Credit $18,000
NFCU CashRewards $7500 Apple Card $7000 Best Buy $8000 Amazon $5000
NFCU auto loan (2022 Ford Bronco Sport Badlands - Cactus Gray) 6.95%
NFCU motorcycle loan (2024 Harley Davidson Road Glide - Alpine Green & Chrome) 9.45%
Total CL: $64,000 --- Total CC UTI: 27% --- AAoA: 5.5 years --- Income: $200k
Last app: 4-6-24

Financial Obligations too high?

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Financial Obligations too high?

Re: Financial Obligations too high?

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