topic Re: Amazing Credit One Pre-Approval Mail Letter in Credit Cards

Amazing Credit One Pre-Approval Mail Letter

Anonymous — Wed, 08 Apr 2015 21:16:37 GMT

You're Pre-Approved for a credit line up to $1,500

No Enrollment Fee*

No Over Limit Fees

Free Online Monthly Credit Score

APR 23.90%

*Annual Membership Fee $75 first year, $99 thereafter

Re: Amazing Credit One Pre-Approval Mail Letter

Anonymous — Wed, 08 Apr 2015 21:17:30 GMT

@Anonymous wrote:
You're Pre-Approved for a credit line up to $1,500
No Enrollment Fee*
No Over Limit Fees
Free Online Monthly Credit Score
APR 23.90%

*Annual Membership Fee $75 first year, $99 thereafter

Not just no, but HELL no.

Re: Amazing Credit One Pre-Approval Mail Letter

Anonymous — Wed, 08 Apr 2015 21:25:43 GMT

I feel like I remember those

Re: Amazing Credit One Pre-Approval Mail Letter

SpiceIslander — Wed, 08 Apr 2015 21:31:51 GMT

@Anonymous wrote:
@Anonymous wrote:
You're Pre-Approved for a credit line up to $1,500
No Enrollment Fee*
No Over Limit Fees
Free Online Monthly Credit Score
APR 23.90%

*Annual Membership Fee $75 first year, $99 thereafter
Not just no, but HELL no.

LOL!

Re: Amazing Credit One Pre-Approval Mail Letter

Anonymous — Wed, 08 Apr 2015 21:50:11 GMT

Free credit score? I've had my account for 3-4 months and have yet to see my credit score.

I will most likely be closing out my CreditOne account later today. I would suggest clicking here and seeing if you qualify for any capital one cards before you sign up for credit one!

Re: Amazing Credit One Pre-Approval Mail Letter

Anonymous — Wed, 08 Apr 2015 21:50:58 GMT

Unless I totally missed the joke here

Re: Amazing Credit One Pre-Approval Mail Letter

DeeBee78 — Wed, 08 Apr 2015 22:56:10 GMT

@Anonymous wrote:
Free credit score? I've had my account for 3-4 months and have yet to see my credit score.

I will most likely be closing out my CreditOne account later today. I would suggest clicking here and seeing if you qualify for any capital one cards before you sign up for credit one!

It's on the right side of the screen when you log in.

Conspiracy theory time: I honestly think it's a fake score, designed to make people think their credit is worse than it actually is. Why would they do this? So people hold on to their crappy card, because they think they can't do any better.They say my score is 572, but it never goes over 600. Look at my signature: even my low score is well over 600.

Re: Amazing Credit One Pre-Approval Mail Letter

Anonymous — Wed, 08 Apr 2015 23:02:00 GMT

@DeeBee78 wrote:
@Anonymous wrote:
Free credit score? I've had my account for 3-4 months and have yet to see my credit score.

I will most likely be closing out my CreditOne account later today. I would suggest clicking here and seeing if you qualify for any capital one cards before you sign up for credit one!

It's on the right side of the screen when you log in.

Conspiracy theory time: I honestly think it's a fake score, designed to make people think their credit is worse than it actually is. Why would they do this? So people hold on to their crappy card, because they think they can't do any better.They say my score is 572, but it never goes over 600. Look at my signature: even my low score is well over 600.

It has been well established that their scores are garbage just like them.

Re: Amazing Credit One Pre-Approval Mail Letter

DeeBee78 — Wed, 08 Apr 2015 23:15:41 GMT

@Anonymous wrote:
It has been well established that their scores are garbage just like them.

The moment my Capital One EO CLI goes through, I'll be dumping them. Everyone in here has been giving me crap about the card, and I know it's a POS, but up until recently it accounted for almost 30% of my credit lines. I couldn't throw it away just yet.

Re: Amazing Credit One Pre-Approval Mail Letter

Erusidhion — Thu, 09 Apr 2015 01:34:46 GMT

Everyone does seem to put this card down but I got a reasonable 19.90% apr, $0 Cash Advance Fee, $45 Annual Fee. But my sole reason for getting this card is to hurredly thicken my file. I woll pump and dump this card after 24 months. I should have a thicker file, better limits on all my other old/new lines of credit. It's the lesser evil of all the unsecured rebuilder cards out there. It sucks you got the $75/$99 offer though. I think the lowest is like 17.90%? and like a $35.00 annual fee. I must've been one tier short of getting that offer.

They did give me a $500 starting limit and I hear they increase limits pretty quickly. So it can pad my utilization and AAoA at once. But hey, to each their own. I'm the type of guy who likes to spree in the first year and then I'll garden afterwards so my lowest AAoA is 2 years on every line of credit. It's the magic number to be at. This is strictly a rebuilder card and should be used at such and it's a cash advance card. Charge something, pay it off in the same day.

I know a lot of people make a big deal out of like a 25% APR for example and say it's really high but I wonder if people take into account that it's annual and it's actually roughly 2.1% interest per month on a carried balance. That's how I look at it anyways. I like to think that if I ever carried a non 0% apr balance it would take me no more than 6 months to pay it down. But hey. Everyone deals with credit differently! Man. I write too much sometimes.

The #1 advantage to a credit card is if you have a big charge coming up, you do it right after the statement for the card you're using cuts. Then you have a ton of time to pay it off before you'd get to the point of paying interest on whatever balance is carried over. So useful.

Re: Amazing Credit One Pre-Approval Mail Letter

joltdude — Thu, 09 Apr 2015 03:37:37 GMT

Uhm theres no grace period on a Credit One card.... They charge interest the moment the transaction post if I recall... Not like a normal CC...

So you dont get the 20-30 day float by charging after the statement closes...

Re: Amazing Credit One Pre-Approval Mail Letter

Anonymous — Thu, 09 Apr 2015 03:40:39 GMT

+1

19.90 APR is only acceptable when a grace period exists.

Re: Amazing Credit One Pre-Approval Mail Letter

pizza1 — Thu, 09 Apr 2015 03:42:22 GMT

@Anonymous wrote:
You're Pre-Approved for a credit line up to $1,500
No Enrollment Fee*
No Over Limit Fees
Free Online Monthly Credit Score
APR 23.90%

*Annual Membership Fee $75 first year, $99 thereafter

OMG>>>> I WANT this card!!