Contributor
devhip
Posts: 210
Registered: ‎04-28-2007
Re: Try Reconsideration! It works!
[ Edited ]
But before you do, read through these boards! I actually had a reconsideration letter all ready to mail to Cap One. They denied me a card, despite the fact that I have an auto loan with them with never a late payment in the 18 months it's been open. Then I found out that Cap One jacks you by not reporting the high limit so you are automatically at 100% util. Now I am GRATEFUL they denied me. I tore up the reconsideration letter. Good idea though. Mine was just an odd situation. My score bumped about 80 points recently, and I look forward to laughing maniacally at the Cap One "pre-approved" offers that will start pouring in, and subsequently shredding them. They do soft pulls periodically.

Message Edited by devhip on 05-02-2007 11:43 AM