topic Re: Cap1 in Credit Card Applications

Cap1

Shawndoe79 — Mon, 01 May 2017 20:28:43 GMT

Checked prequal site, got the offer for quicksilver and venture at 18%, applied, flat out denied for quicksilver and 7-10 message for Venture!! **bleep**??? Thought those prequals were pretty solid, has things changed lately?

Re: Cap1

Anonymous — Mon, 01 May 2017 20:42:22 GMT

Cap 1 has been tightening things up lately it seems ... lots of normally reliable CLI points are passing with no increases. I'm one year in with a Plat w/rewards (QS card) and according to previous data points I should be getting some CLI love, but I'm not ... "too many recent inquiries." I'm also three months in with a QS1 and I'm getting the same denial code on that, when it used to be that the three month CLI was pretty much a given.

Now I'm just trying every Friday on both, for a CLI ... eventually it'll happen I'd guess.

Re: Cap1

Shawndoe79 — Mon, 01 May 2017 21:03:00 GMT

Yes I was shocked they are usually pretty predictable. I know nothing is certain with credit but more reliable than most creditors. Usually can get two cards with one pull but the second attempt was flat out denied. Also no cli for over 6 months now not sure what's going on

Re: Cap1

bigpoppa09 — Mon, 01 May 2017 21:05:58 GMT

@Shawndoe79 wrote:
Yes I was shocked they are usually pretty predictable. I know nothing is certain with credit but more reliable than most creditors. Usually can get two cards with one pull but the second attempt was flat out denied. Also no cli for over 6 months now not sure what's going on

The 2for1 is been dead at Cap1 for a while now its one new account every 6 months now.

Re: Cap1

Anonymous — Mon, 01 May 2017 21:09:59 GMT

Sorry to hear...I guess they are really doing some changing.....best of luck in the future!!

Re: Cap1

Anonymous — Mon, 01 May 2017 21:28:58 GMT

I got pre qualify for two and also thought I could get two apps in on the same day. Apped for one, got approved. Second one got the dreaded 7-10 day message. Received the denial for cap 1 already having a pending/approved new account. Had I know about the 1/6 rule, I would have went after the better card. Oh well. Sorry to hear about the denial.

Re: Cap1

Shawndoe79 — Mon, 01 May 2017 21:43:48 GMT

Oh wow guess I missed the 2-4-1 thingy. Hopefully I can get an approval but the 7-10 days is not a good sign

Re: Cap1

Shawndoe79 — Tue, 02 May 2017 15:18:29 GMT

Strange thing is my Equifax and experian went up 9 and 8 points respectively after inquiry alert. Let's see what TU does

Re: Cap1

Blackswizz750 — Tue, 02 May 2017 15:22:19 GMT

OP, these used to mean you were good for at least one of them unless you had a card less than 6months from them. They are getting tight and not even giving out CLI's. I stopped asking for them and use others who grant me increase every once an while. They dont recon either. With the Venture, I hear they may take a few days to approve, even with the 7-10 day messages(search som eof these on here for more details).

Re: Cap1

Shawndoe79 — Tue, 02 May 2017 15:42:37 GMT

Thanks for the hope Blackswizz750. Just checked again and still prequalified for the same two cards so not sure what it all mean

Re: Cap1

Anonymous — Tue, 02 May 2017 16:15:15 GMT

Have you applied for any of their Sony cards? I apped and got approved for two of them, the Sony and the Playstation.

Re: Cap1

Shawndoe79 — Tue, 02 May 2017 18:15:30 GMT

No I only applied because I wanted the Venture for travel and the prequal tool. What kind of limits do you get on the Sony cards

Re: Cap1

Shawndoe79 — Tue, 02 May 2017 18:37:41 GMT

Update.... APPROVED FOR 20k!!!! Omg! ECSTATIC

Re: Cap1

Anonymous — Tue, 02 May 2017 18:48:56 GMT

KABOOM!! Wow...awesome and congrats!!

Re: Cap1

Shawndoe79 — Tue, 02 May 2017 18:51:46 GMT

Thanks doinit1!! Definitely worth the 3 hp

Re: Cap1

Blackswizz750 — Tue, 02 May 2017 19:23:50 GMT

Congrats on the huge SL!!!

Re: Cap1

Aduke1122 — Tue, 02 May 2017 19:32:59 GMT

Congrats that's awesome OP could you give us some data pts plz

Re: Cap1

Anonymous — Tue, 02 May 2017 22:03:48 GMT

Wow super congrats on your amazing approval & SL Shawndoe79 sweet!

Re: Cap1

Shawndoe79 — Wed, 03 May 2017 01:06:08 GMT

@Anonymous wrote:
Wow super congrats on your amazing approval & SL Shawndoe79 sweet!

Thanks GiJane007

Re: Cap1

Shawndoe79 — Wed, 03 May 2017 01:23:22 GMT

@Aduke1122 wrote:
Congrats that's awesome OP could you give us some data pts plz

Lets see:

2.3 yrs post bk 7 discharge

Quicksilver 1 Pc'd to Venture 1 6500 limit

Quicksilver 1 3500 limit

both cards for almost 2 years

Cap1 auto loan 38k, 1 year

Cap1 checking, 1 year

Cap1 IRA, 1 year

EQ 699, TU 680, EX 682

checked prequals every 2-3 weeks for venture for over a year, finally showed when all scores went over 680

anything else, just ask, happy to help.

Edit: I did include them in BK7