topic Re: Cap 1 Credit increase. Score 610 -595-593 in Credit Card Applications

Cap 1 Credit increase. Score 610 -595-593

Anonymous — Mon, 09 Nov 2015 17:34:07 GMT

My question is am paying down my cap one credit card my balance is 2478 they increase my credit last dec my account is paid on time always i ask for a crdit increase but they denied me why is that?

Re: Cap 1 Credit increase. Score 610 -595-593

Pway — Mon, 09 Nov 2015 17:39:05 GMT

What is your credit limit compared to the balance you are carrying?

Re: Cap 1 Credit increase. Score 610 -595-593

Anonymous — Mon, 09 Nov 2015 17:41:27 GMT

Credit line 2500.

Re: Cap 1 Credit increase. Score 610 -595-593

Pway — Mon, 09 Nov 2015 17:44:09 GMT

There are quite a few things that Capital One considers when giving increases. However, you are using 100 percent of you credit line, which could be causing them to deny your increase. However, have you had any new collections or baddies on your profile recently? They look at that as well. But it seems to me as though that balance needs to come down drastically. I would then request for an credit line increae at that time.

Re: Cap 1 Credit increase. Score 610 -595-593

Anonymous — Mon, 09 Nov 2015 17:45:44 GMT

Is there any credit cards i can apply for with that score?

Re: Cap 1 Credit increase. Score 610 -595-593

StartingOver10 — Mon, 09 Nov 2015 17:46:41 GMT

@Anonymous wrote:
Credit line 2500.

As pointed out, Cap 1 wants you to use your line, but not 100% of it as you are doing. Pay it down. Pay more than minimum. Right now you look too high risk.

Re: Cap 1 Credit increase. Score 610 -595-593

StartingOver10 — Mon, 09 Nov 2015 17:47:22 GMT

@Anonymous wrote:
Is there any credit cards i can apply for with that score?

Pay down your current card(s) before you app for something else.

Re: Cap 1 Credit increase. Score 610 -595-593

Anonymous — Mon, 09 Nov 2015 17:51:15 GMT

thanks..

Re: Cap 1 Credit increase. Score 610 -595-593

Anonymous — Wed, 18 Nov 2015 05:28:35 GMT

@Anonymous wrote:
Is there any credit cards i can apply for with that score?

Yes.....but you don't want any of them.