https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-denial-letter-worth-a-recon/m-p/1369741#M380100 Just got my denial letter from CapOne after apping for VentureOne Gold card. "The reason(s) for our decision are: -based on credit report from Equifax for (me) new account balance(s) are too low -based on credit report from Trans Union for (me) applicant is not a home owner -based on credit report from Equifax for (me) credit limit(s) are too low -based on credit report for Experian for (me) there have been too many recent inquiries. Information about your credit score: Experian 4/16/12 744. Key factors that adversely affected your credit score: -time since most recent account opening is too short -length of time accounts have bee established is too short -too many inquiries in last 12 months -proportion of loan balances to loan amounts is too high" So basically I disagree with everything except the inquiries. I've had 3 CC's since 2008 and have only opened 4 additional but they have been within the last month. Anyone think that I may have a chance with a recon? I had to burn the inq on 2 reports (didn't show all 3 fo some reason...) and not be approved. For what it's worth my CL's are in my sig and I don't know how they think that my limits are too low....my fiancée has the same card with $3,000 limit and is younger than I am and has less AAoA! Thanks for the help ;-) Thu, 26 Apr 2012 04:21:40 GMT s_rob7488 2012-04-26T04:21:40Z https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-denial-letter-worth-a-recon/m-p/1369741#M380100 Just got my denial letter from CapOne after apping for VentureOne Gold card. "The reason(s) for our decision are: -based on credit report from Equifax for (me) new account balance(s) are too low -based on credit report from Trans Union for (me) applicant is not a home owner -based on credit report from Equifax for (me) credit limit(s) are too low -based on credit report for Experian for (me) there have been too many recent inquiries. Information about your credit score: Experian 4/16/12 744. Key factors that adversely affected your credit score: -time since most recent account opening is too short -length of time accounts have bee established is too short -too many inquiries in last 12 months -proportion of loan balances to loan amounts is too high" So basically I disagree with everything except the inquiries. I've had 3 CC's since 2008 and have only opened 4 additional but they have been within the last month. Anyone think that I may have a chance with a recon? I had to burn the inq on 2 reports (didn't show all 3 fo some reason...) and not be approved. For what it's worth my CL's are in my sig and I don't know how they think that my limits are too low....my fiancée has the same card with $3,000 limit and is younger than I am and has less AAoA! Thanks for the help ;-) Thu, 26 Apr 2012 04:21:40 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-denial-letter-worth-a-recon/m-p/1369741#M380100 s_rob7488 2012-04-26T04:21:40Z https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-denial-letter-worth-a-recon/m-p/1369745#M380102 <P>Not a bank I would waste 3 HP to get with when you have cards from Amex,Citi, etc.</P><P>As a Prime Borrower unless you need the free international processing I would not get them... the rewards are not that great unless getting the new business cash that is 2% all time.</P> Thu, 26 Apr 2012 04:36:14 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-denial-letter-worth-a-recon/m-p/1369745#M380102 Creditaddict 2012-04-26T04:36:14Z