topic Re: Capital One CLI in Credit Cards

Capital One CLI

el_cazador — Sun, 19 Jul 2020 13:33:55 GMT

I've recently requested two CLI with Cap1, first (basspro) was declined and the second (venture one) I don't know yet, although it said "request received" and said it would notify me within 2-3 days in online document center so I'm assuming it will be declined as well. (requested last night)

I noticed on the first request they used my credit score from April, which was much lower (680-ish) than it is now (middle score 763). Also at that time my credit utilization was between 30-50% and now it is at like 5% or less. If this recent request gets declined as well, due to using info from 60+ days ago, how long should I wait before trying again? Should I just wait until they're using July info? Or do I have to wait 6 months from last request? Thanks in advance! Love the board and all of the helpful information.

Re: Capital One CLI

nax — Sun, 19 Jul 2020 13:44:23 GMT

Cap One always seems to be about 2 months behind with the score on CLI requests. I think I've been trying for maybe 6 years to get a CLI from them. I set a montly reminder and give it a shot each month.

Re: Capital One CLI

Ficoproblems247 — Sun, 19 Jul 2020 13:49:44 GMT

When you get declined by Cap1, there is no timer that resets so you may request again at any time. They do an AR SP every 3-4 months typically. If it were me, I would pull my free full credit report from annualcreditreport.com and see when the last date they ran their SP in April was, then go ahead and request it a couple days after that same date in August. CLIs from Cap1 have been even smaller than normal lately, but they have still been rolling in, slowly but surely.

Re: Capital One CLI

el_cazador — Sun, 19 Jul 2020 14:20:56 GMT

Thanks for the info!

Re: Capital One CLI

J0hnD0nuts — Sun, 19 Jul 2020 21:37:52 GMT

If I'm denied a CLI then I'll usually try again after each statement cut. There's only a 6 month time limit when you've been approved a CLI.

Re: Capital One CLI

Anonymous — Mon, 20 Jul 2020 00:21:56 GMT

Part of the reason it seems their scores are behind is that they only do an AR once every four months.

If you're pulling your report from AnnualCreditReport.com every week or every few weeks now, you can tell when they've done your AR by looking at the Soft Pull inquires data.... Annoyingly, those *ONLY* show up from AnnualCreditREport.com reports OR if you get a report MAILED to you by the CRA

Re: Capital One CLI

el_cazador — Mon, 20 Jul 2020 00:27:36 GMT

It sounds like I need to start monitoring my information on annualcreditreport.com in addition to here.

Really appreciate the insight guys! Thank you

Re: Capital One CLI

M_Smart007 — Mon, 20 Jul 2020 01:24:01 GMT

@el_cazador wrote:
It sounds like I need to start monitoring my information on annualcreditreport.com in addition to here.

Really appreciate the insight guys! Thank you

Personally, I think it is always a good idea to monitor your credit

Re: Capital One CLI

HeavenOhio — Mon, 20 Jul 2020 14:15:40 GMT

Welcome, @el_cazador!

You can keep on trying because declines don't keep you from requesting again as soon as you'd like. But as mentioned, you're more likely to be successful after your next account review. You can call or chat to find out when that will be. Front line reps will have that information.

Re: Capital One CLI

Anonymous — Mon, 20 Jul 2020 15:38:52 GMT

@Anonymous wrote:
Part of the reason it seems their scores are behind is that they only do an AR once every four months.

If you're pulling your report from AnnualCreditReport.com every week or every few weeks now, you can tell when they've done your AR by looking at the Soft Pull inquires data.... Annoyingly, those *ONLY* show up from AnnualCreditREport.com reports OR if you get a report MAILED to you by the CRA

Actually those SPs reasons also show up on Equifax website. You have to start dispute then go to the inquiries to see them. They will show SPs with reason codes like AR=annual review which is what cap one does.

Re: Capital One CLI

coldfusion — Mon, 20 Jul 2020 16:50:11 GMT

@Anonymous wrote:
@Anonymous wrote:
Part of the reason it seems their scores are behind is that they only do an AR once every four months.

If you're pulling your report from AnnualCreditReport.com every week or every few weeks now, you can tell when they've done your AR by looking at the Soft Pull inquires data.... Annoyingly, those *ONLY* show up from AnnualCreditREport.com reports OR if you get a report MAILED to you by the CRA
Actually those SPs reasons also show up on Equifax website. You have to start dispute then go to the inquiries to see them. They will show SPs with reason codes like AR=annual review which is what cap one does.

If you're a CreditWatch subscriber you'll see them when you pull your credit report.

Re: Capital One CLI

Anonymous — Mon, 20 Jul 2020 17:07:53 GMT

@coldfusion wrote:
@Anonymous wrote:
@Anonymous wrote:
Part of the reason it seems their scores are behind is that they only do an AR once every four months.

If you're pulling your report from AnnualCreditReport.com every week or every few weeks now, you can tell when they've done your AR by looking at the Soft Pull inquires data.... Annoyingly, those *ONLY* show up from AnnualCreditREport.com reports OR if you get a report MAILED to you by the CRA
Actually those SPs reasons also show up on Equifax website. You have to start dispute then go to the inquiries to see them. They will show SPs with reason codes like AR=annual review which is what cap one does.
If you're a CreditWatch subscriber you'll see them when you pull your credit report.

Who offers CreditWatch? I can't see seem to find them

Re: Capital One CLI

coldfusion — Mon, 20 Jul 2020 17:21:58 GMT

@Anonymous wrote:
@coldfusion wrote:
@Anonymous wrote:
@Anonymous wrote:
Part of the reason it seems their scores are behind is that they only do an AR once every four months.

If you're pulling your report from AnnualCreditReport.com every week or every few weeks now, you can tell when they've done your AR by looking at the Soft Pull inquires data.... Annoyingly, those *ONLY* show up from AnnualCreditREport.com reports OR if you get a report MAILED to you by the CRA
Actually those SPs reasons also show up on Equifax website. You have to start dispute then go to the inquiries to see them. They will show SPs with reason codes like AR=annual review which is what cap one does.
If you're a CreditWatch subscriber you'll see them when you pull your credit report.
Who offers CreditWatch? I can't see seem to find them

It is, or at least was, what Equifax called their paid subscription service.

Re: Capital One CLI

Anonymous — Mon, 20 Jul 2020 18:43:52 GMT

@coldfusion @Anonymous Ok it's part of myEquifax which is free for six months?You get a monthly report and score and under the report, if you click inquiries, you'll see hard and soft.

Re: Capital One CLI

Conceptual23 — Fri, 07 Aug 2020 09:58:32 GMT

I can relate. Capital One has been quite stingy with the love button lately. Since Jan, I've been trying to get one as well and have been denied for the most ridiculous reasons. (too many inquiries) Not sure how that is even possible when I've only got three inquiries. Anyways, I've decided to pursue higher limits with other institutions and I recommend anyone that is dealing with Cap One CLI denial games to do the same.

Re: Capital One CLI

Anonymous — Sun, 09 May 2021 19:12:58 GMT

When you do this does it do a hard pull on your credit file?

Re: Capital One CLI

FinStar — Sun, 09 May 2021 20:14:43 GMT

@Anonymous wrote:
When you do this does it do a hard pull on your credit file?

Capital One CLI requests are typically SP.