topic Re: CAP1 QUESTION in Credit Cards

CAP1 QUESTION

gettnthere — Tue, 10 Jul 2012 16:13:18 GMT

so I was just looking through my credit report and I noticed somethin odd. I have a crap1 card with a 300CL and on my credit report it states that limit, but I just noticed that my high balance on that specific card is $320. **bleep** I'm wondering if that's having a negative effect on my score. I'm pretty sure I've never been over the limit but its there. Its not listed as a negative or potentially negative but still, to me it seems like it might be negative? Anyone have any thoughts on this??

Re: CAP1 QUESTION

Anonymous — Tue, 10 Jul 2012 16:14:27 GMT

Nah. Fico scoring doesn't even look at high balances in most cases and definitely not in this case.

Re: CAP1 QUESTION

Jlu — Tue, 10 Jul 2012 16:16:28 GMT

A few weeks ago my Capital One MC w/ $500 limit went to $900 due to a returned online ACH payment (wrong account number). And my score didn't budge even after they reported a $890 high balance.

So no need to worry.

Re: CAP1 QUESTION

gettnthere — Tue, 10 Jul 2012 17:12:22 GMT

Oh ok lol I was just curious, plus with it being CAPITAL ONE I think everyone knows they don't practice the best business ethics by any means. But I definitely appreciate yalls replies