topic Re: Capital One QS CLI in Credit Card Approvals

Capital One QS CLI

Anonymous — Thu, 18 Feb 2016 03:56:23 GMT

I just got approved for a $250 CLI from $3k to $3,250. This is the sadest CLI that I have ever gotten lol.

Re: Capital One QS CLI

daverhere — Thu, 18 Feb 2016 04:31:06 GMT

I understand but on the up side they could have turned you down.

Congratulations on at least moving forward. I'm sure the next one will be better.

Re: Capital One QS CLI

Bankrupt2019 — Thu, 18 Feb 2016 04:38:37 GMT

Beats a sharp stick in the eye!

Re: Capital One QS CLI

I-think-I-can — Thu, 18 Feb 2016 14:52:39 GMT

Congrats! No worries. Every increase is progress!!

Re: Capital One QS CLI

pizza1 — Thu, 18 Feb 2016 15:38:41 GMT

at least you got one, congrats

Re: Capital One QS CLI

Anonymous — Sat, 20 Feb 2016 23:10:10 GMT

Yeah, I guess a small increase is better than no increase.

Is the time between CLIs 90 days for Capital One?

Re: Capital One QS CLI

My_Fako — Sun, 21 Feb 2016 01:20:21 GMT

182 Days

Re: Capital One QS CLI

Creditbuilder36 — Sun, 21 Feb 2016 13:08:37 GMT

Congrats I'm hoping to get one in June on both of mine Quicksilver 1 ~~> current limit 2000.00 Platinum ~ current limit 2000.00 June will be my 6 month mark so we will see

Re: Capital One QS CLI

Anonymous — Sun, 21 Feb 2016 13:29:35 GMT

@Creditbuilder36 wrote:
Congrats I'm hoping to get one in June on both of mine Quicksilver 1 ~~> current limit 2000.00 Platinum ??? ~ current limit 2000.00 June will be my 6 month mark so we will see

Why do you still have this card???

You should PC this one over to a rewards card today. You can get teh standard QS or a Venture and be in much better shape than still hanging on to this Sub-Prime card.

Just wondering out loud but also for others to see...

Blessings and Godspeed...

Re: Capital One QS CLI

Creditbuilder36 — Sun, 21 Feb 2016 14:07:40 GMT

I'm sorry I should have stated that my platinum did convert to the QS 1 I tried the standard QS and was declined but what was weird is that they posted reasons strictly based off my experian report my usage was rather high and I've paid it way down to about 10 % but me statement hasn't closed yet so it's a waiting game I'll see what they offer me next month

Re: Capital One QS CLI

Anonymous — Sun, 21 Feb 2016 14:11:11 GMT

@Creditbuilder36 wrote:
I'm sorry I should have stated that my platinum did convert to the QS 1 I tried the standard QS and was declined but what was weird is that they posted reasons strictly based off my experian report my usage was rather high and I've paid it way down to about 10 % but me statement hasn't closed yet so it's a waiting game I'll see what they offer me next month

Gotcha!

From what I've read here Cap1 SP's their accts regularly and may be using one that is a couple of mths old. I've seen it can take a bit to cycle into a new one but YYMV and I wish you the best. Please let us know how it goes and the results when you have them...

Blessings and Godspeed...

Re: Capital One QS CLI

Anonymous — Sun, 21 Feb 2016 14:21:54 GMT

@Anonymous wrote:
@Creditbuilder36 wrote:
I'm sorry I should have stated that my platinum did convert to the QS 1 I tried the standard QS and was declined but what was weird is that they posted reasons strictly based off my experian report my usage was rather high and I've paid it way down to about 10 % but me statement hasn't closed yet so it's a waiting game I'll see what they offer me next month
Gotcha!
From what I've read here Cap1 SP's their accts regularly and may be using one that is a couple of mths old. I've seen it can take a bit to cycle into a new one but YYMV and I wish you the best. Please let us know how it goes and the results when you have them...

Blessings and Godspeed...

@ @Anonymous So if I may ask are you stating the reasons CP declined was your EX report showed high utilization? You wrote statement so I'm thinking in terms of your QS1 statement only.

I've read that on Cap1s SP's too. Been doing some research on how they do their soft pulls since my prequals on their site changed one day to the next.

Re: Capital One QS CLI

Creditbuilder36 — Sun, 21 Feb 2016 14:29:12 GMT

Yes the letter indicated my high utilization and I've open a few new accounts that haven't aged yet but what I found interesting is that they only based their decision off of experian I though they pulled Transunion

Re: Capital One QS CLI

Creditbuilder36 — Sun, 21 Feb 2016 14:30:58 GMT

With your score I'm sure you will get the Venture card I've learned with Capital one you have to basically go in like your a lawyer arguing a case that is what's worked for me this far 👍🏻👍🏻👍🏻

Re: Capital One QS CLI

Anonymous — Sun, 21 Feb 2016 14:38:39 GMT

Oh so it was high util / too many new accounts? Sorry I ask because I'm hoping to do a PC in the near future and I'm still learning the basic ropes methinks. Thank you for the info.

From what I've seen they seem to prefer EX. I had looked over the soft pulls on my reports and more often than not they are SPing EQ and EX. They've hardly touched TU.

Re: Capital One QS CLI

Anonymous — Sun, 21 Feb 2016 14:34:59 GMT

@Creditbuilder36 wrote:
With your score I'm sure you will get the Venture card I've learned with Capital one you have to basically go in like your a lawyer arguing a case that is what's worked for me this far 👍🏻👍🏻👍🏻

Could you flesh that out a bit? I'm not sure I understand what you're saying there...

Re: Capital One QS CLI

Anonymous — Sun, 21 Feb 2016 14:37:41 GMT

@Creditbuilder36 wrote:
With your score I'm sure you will get the Venture card I've learned with Capital one you have to basically go in like your a lawyer arguing a case that is what's worked for me this far 👍🏻👍🏻👍🏻

Thank you I appreciate that!

I had the prequals with a firm apr for the Venture/QS for a good week. I had been planning out my apps and decided to wait on those because of the chase CSP. The following day after apping for chase / amex the prequals on their website changed to Platinum/QS1. So I've been kinda obsessing lol as to why they changed and I was hoping to app for them.

Re: Capital One QS CLI

Creditbuilder36 — Sun, 21 Feb 2016 14:39:38 GMT

When you call them you have to know exactly what your talking about and do research you get better results that way 9 out of 10 times you call it's the same generic representatives saying the same things over and over again

Re: Capital One QS CLI

Creditbuilder36 — Sun, 21 Feb 2016 14:41:03 GMT

How do you copy and past the comment to reply. To it

Re: Capital One QS CLI

Anonymous — Sun, 21 Feb 2016 14:42:56 GMT

@Creditbuilder36 wrote:
How do you copy and past the comment to reply. To it

Hit the "QUOTE" button at the upper right hand edge or your reply box...