topic Re: cap1 cc cli in Bankruptcy

cap1 cc cli

SSH0126 — Sun, 08 Oct 2017 20:07:49 GMT

Does quicksilver automatically give a credit limit increase at month 5? (pending low utl and on time payments?

Re: cap1 cc cli

Scupra — Mon, 09 Oct 2017 17:24:56 GMT

It would all depend if you are in the credit steps program.

Re: cap1 cc cli

SSH0126 — Mon, 09 Oct 2017 17:28:24 GMT

Ugh how would we know? Do we have to request that?

Re: cap1 cc cli

Scupra — Mon, 09 Oct 2017 17:30:50 GMT

@SSH0126 wrote:
Ugh how would we know? Do we have to request that?

Info should have been mailed when you were approved. You could attempt asking, not sure how that will go though haha!

Re: cap1 cc cli

SSH0126 — Mon, 09 Oct 2017 17:31:40 GMT

Well that sucks! All we received was the card. It’s a quicksilver card.

Re: cap1 cc cli

Anonymous — Mon, 09 Oct 2017 19:15:59 GMT

@SSH0126 wrote:
Does quicksilver automatically give a credit limit increase at month 5? (pending low utl and on time payments?

Yes, they generally do - at least for the Quicksilver One - I don't know for sure about the Quicksilver VISA card (which do you have?). You can request an early CLI (after the account is 60 days old) and it will usually be given. Just keep requesting it every few days until you get it.

The automatic CLI is not given at "5 months", its given after "5 on time payments" which actually coincides with an account age of 6 months.

Re: cap1 cc cli

SSH0126 — Mon, 09 Oct 2017 19:25:16 GMT

It’s a quicksilver master

Re: cap1 cc cli

Scupra — Mon, 09 Oct 2017 22:46:32 GMT

@SSH0126 wrote:
It’s a quicksilver master

Most likely was enrolled in credit steps, especially if it was issued with a lower SL

Re: cap1 cc cli

Anonymous — Tue, 10 Oct 2017 13:52:32 GMT

Starting limit?

Re: cap1 cc cli

SSH0126 — Tue, 10 Oct 2017 14:01:47 GMT

Only 300

Re: cap1 cc cli

Scupra — Tue, 10 Oct 2017 16:35:41 GMT

@SSH0126 wrote:
Only 300

My money is on, you're enrolled in credit steps

Re: cap1 cc cli

Anonymous — Tue, 10 Oct 2017 19:21:31 GMT

@SSH0126 wrote:
Only 300

Yep, thats a credit steps account. Start requesting an early CLI after the account is 60 days old.

Re: cap1 cc cli

SSH0126 — Tue, 10 Oct 2017 20:24:48 GMT

Do you have to wait so many days before asking again so that you won’t get an auto denial? Wondering if anyone else had one that low..what it was raised to. Have one baddie and this will be the only one with good history.

Paid the 39 fee down to 22.00 so as soon as I get the statement will pay to zero that same day.

Re: cap1 cc cli

Anonymous — Tue, 10 Oct 2017 21:37:39 GMT

@SSH0126 wrote:
Do you have to wait so many days before asking again so that you won’t get an auto denial? Wondering if anyone else had one that low..what it was raised to. Have one baddie and this will be the only one with good history.

Paid the 39 fee down to 22.00 so as soon as I get the statement will pay to zero that same day.

No, you can request one every day. If they deny a CLI for credit score, asking is a backdoor way of getting a free FICO score from Equifax, since the score will be on the denial... Not sure which score model they are using these days.

And no it does not result in a hard pull.

Re: cap1 cc cli

SSH0126 — Thu, 12 Oct 2017 12:37:01 GMT

Seeing tow conflicting things.use card heavy but 700 in 24 days no. Which one is it?

Re: cap1 cc cli

Scupra — Thu, 12 Oct 2017 16:35:24 GMT

@SSH0126 wrote:
Seeing tow conflicting things.use card heavy but 700 in 24 days no. Which one is it?

Depends on your self control. Cap1 will give higher CLI's with usage to back it up

Re: cap1 cc cli

SSH0126 — Thu, 12 Oct 2017 16:40:32 GMT

We can pay should we pay same day or next day and out of 300 should we use the entire amount or not if trying to get high increase?

We have one collection post bk and that’s the only card we have right now

Re: cap1 cc cli

Scupra — Thu, 12 Oct 2017 16:50:22 GMT

@SSH0126 wrote:
We can pay should we pay same day or next day and out of 300 should we use the entire amount or not if trying to get high increase?

We have one collection post bk and that’s the only card we have right now

If you feel you can control your spending, spend whatever you like and pay it down before the statement hits. Make sure the card doesn't report more than a 10% balance.

Re: cap1 cc cli

SSH0126 — Thu, 12 Oct 2017 17:11:17 GMT

We had horrible credit before and haven’t restablished so I’m wondering if they will increase at 60 days or if we will have to wait to 6 months because we are close to a year and just now able to back get in. And he had no debt with cap 1.

Re: cap1 cc cli

Anonymous — Thu, 12 Oct 2017 19:08:03 GMT

@SSH0126 wrote:
We had horrible credit before and haven’t restablished so I’m wondering if they will increase at 60 days or if we will have to wait to 6 months because we are close to a year and just now able to back get in. And he had no debt with cap 1.

No way to know un til you hit the button. Go ahead, and do it, there are no negative consequenses involved with doing the online request. You can do it every single day if you like.