topic Re: Capital One CLI request for dox in Credit Card Applications

Capital One CLI request for dox

Anonymous — Wed, 24 Feb 2016 17:04:05 GMT

Hi, I submitted a request for CLI and received this in email-

"To finish processing your recent request, we need information showing proof of your income.

Upload a copy of one or more of the following documents to verify your income: • Tax return document(s) (W2, Form 1040 and/or Form 1099) from the most recent tax year • Two consecutive pay stubs or earnings statements issued within the last three months..."

Does It seem like ill be approved once verified?

Re: Capital One CLI request for dox

myjourney — Wed, 24 Feb 2016 17:13:39 GMT

50/50 shot

Wish I could give you better news

Some people feel comfortable giving doc's some don't

Good luck whichever decision you make

Re: Capital One CLI request for dox

Anonymous — Wed, 24 Feb 2016 17:22:29 GMT

Appreciate it, I figure Im auto denied if I do nothing, might as well get my paystubs over. Will update on outcome.

Re: Capital One CLI request for dox

Loquat — Wed, 24 Feb 2016 22:55:56 GMT

Good luck! I hope it works out for you...

Re: Capital One CLI request for dox

CreditCuriosity — Wed, 24 Feb 2016 23:12:35 GMT

I would tend to believe if you don't you will be denied and that is it.. If you do, you have a decent shot at a CLI. Wish they would ask me vs the 2-3 day message then "not using enough existing credit limit on card" or whatever it is :/.

Re: Capital One CLI request for dox

Anonymous — Thu, 25 Feb 2016 00:40:24 GMT

@CreditCuriousity wrote:
I would tend to believe if you don't you will be denied and that is it.. If you do, you have a decent shot at a CLI. Wish they would ask me vs the 2-3 day message then "not using enough existing credit limit on card" or whatever it is :/.

First time theyve asked me so hoping it goes well

Re: Capital One CLI request for dox

myjourney — Thu, 25 Feb 2016 00:44:48 GMT

@Anonymous wrote:
@CreditCuriousity wrote:
I would tend to believe if you don't you will be denied and that is it.. If you do, you have a decent shot at a CLI. Wish they would ask me vs the 2-3 day message then "not using enough existing credit limit on card" or whatever it is :/.
First time theyve asked me so hoping it goes well

I think your chances are 70/30 with Doc's

In your favor of course

Re: Capital One CLI request for dox

Anonymous — Thu, 25 Feb 2016 00:46:10 GMT

@myjourney wrote:
@Anonymous wrote:
@CreditCuriousity wrote:
I would tend to believe if you don't you will be denied and that is it.. If you do, you have a decent shot at a CLI. Wish they would ask me vs the 2-3 day message then "not using enough existing credit limit on card" or whatever it is :/.
First time theyve asked me so hoping it goes well
I think your chances are 70/30 with Doc's
In your favor of course

Take those odds to Vegas !

Re: Capital One CLI request for dox

SunriseEarth — Thu, 25 Feb 2016 00:50:22 GMT

@Anonymous wrote:
Hi, I submitted a request for CLI and received this in email-

"To finish processing your recent request, we need information showing proof of your income.

Upload a copy of one or more of the following documents to verify your income: • Tax return document(s) (W2, Form 1040 and/or Form 1099) from the most recent tax year • Two consecutive pay stubs or earnings statements issued within the last three months..."

Does It seem like ill be approved once verified?

I think the odds are good. Long ago, I had an EO-initiated CLI request that moved me from $650 to $1000, and they requested income verification.

Re: Capital One CLI request for dox

ojefferyo — Thu, 25 Feb 2016 00:52:47 GMT

Interesting, haven't heard Cap1 asking for POI so much.

Re: Capital One CLI request for dox

myjourney — Thu, 25 Feb 2016 00:57:51 GMT

@ojefferyo wrote:
Interesting, haven't heard Cap1 asking for POI so much.

It's rare but does happen more the last year

Since they started handing out big limits on Venture and QS

Re: Capital One CLI request for dox

emanuelr1b — Thu, 25 Feb 2016 05:45:04 GMT

I received that same message in October and was approved for my CLI. It wasn't much but I was approved. I suspect that if your income checks out, you will receive a CLI.

Re: Capital One CLI request for dox

UncleB — Fri, 26 Feb 2016 02:16:15 GMT

I'm not asking for specifics, but are you reporting a high income when you request your CLI?

I recall Capital One a while back asking for POI from someone who was applying for a new account and was reporting a high income... in that case, the results were an approval with a higher than usual initial credit line.

Re: Capital One CLI request for dox

Anonymous — Fri, 26 Feb 2016 02:21:14 GMT

@UncleB wrote:
I'm not asking for specifics, but are you reporting a high income when you request your CLI?

I recall Capital One a while back asking for POI from someone who was applying for a new account and was reporting a high income... in that case, the results were an approval with a higher than usual initial credit line.

92k, my paystubs show 115k+

Re: Capital One CLI request for dox

UncleB — Fri, 26 Feb 2016 02:31:48 GMT

@Anonymous wrote:
@UncleB wrote:
I'm not asking for specifics, but are you reporting a high income when you request your CLI?

I recall Capital One a while back asking for POI from someone who was applying for a new account and was reporting a high income... in that case, the results were an approval with a higher than usual initial credit line.
92k, my paystubs show 115k+

Thanks for sharing. IIRC in the other case the poster reported an income over $100k, so perhaps somewhere around that amount Capital One has a trigger for POI. (That's just my speculation.)

So far I've not heard of anybody with a more modest income being asked for POI... hopefully that trend will continue!

Re: Capital One CLI request for dox

bsal — Fri, 26 Feb 2016 17:36:11 GMT

I just applied for platinum cap1 card online and just got approved for 1k is there a number where I can call for an increase or is it too early to recon for increase

Re: Capital One CLI request for dox

Anonymous — Fri, 26 Feb 2016 19:53:02 GMT

@bsal wrote:
I just applied for platinum cap1 card online and just got approved for 1k is there a number where I can call for an increase or is it too early to recon for increase

They won't give you an increase.

Re: Capital One CLI request for dox

Anonymous — Sat, 27 Feb 2016 08:31:48 GMT

@Anonymous wrote:
Hi, I submitted a request for CLI and received this in email-

"To finish processing your recent request, we need information showing proof of your income.

Upload a copy of one or more of the following documents to verify your income: • Tax return document(s) (W2, Form 1040 and/or Form 1099) from the most recent tax year • Two consecutive pay stubs or earnings statements issued within the last three months..."

Does It seem like ill be approved once verified?

Yes once u send in proof they will increase your limit

Re: Capital One CLI request for dox

Anonymous — Sat, 27 Feb 2016 08:36:50 GMT

@UncleB wrote:
@Anonymous wrote:
@UncleB wrote:
I'm not asking for specifics, but are you reporting a high income when you request your CLI?

I recall Capital One a while back asking for POI from someone who was applying for a new account and was reporting a high income... in that case, the results were an approval with a higher than usual initial credit line.
92k, my paystubs show 115k+
Thanks for sharing. IIRC in the other case the poster reported an income over $100k, so perhaps somewhere around that amount Capital One has a trigger for POI. (That's just my speculation.)

So far I've not heard of anybody with a more modest income being asked for POI... hopefully that trend will continue!

Maybe I had to send in POI for my venture and QS. Maybe it's cause when I got car loan I was reporting 180k and when I applied for venture and QS I put income at 240k cause of my year end bonus. After sending it in I got venture for 15000 and QS for 8000. Also have another QS1 with 3000 and QS 2000