topic Re: Financial Obligations too high? in Understanding FICO® Scoring

Financial Obligations too high?

EaglesFan2006 — Wed, 04 Jun 2014 23:16:04 GMT

I tried a random CLI attempt at Cap One and was denied for having "Financial Obligations Being Too High." i'm not surprised I was denied based on how they are with CLIs at times. That said, I'm not sure about what this reason really means? My DTI and util are pretty healthy i think. My total credit lines, and auto and student loan debt, combine for less than half of my income. So I'm unsure what this means. Any insight is appreciated.

Re: Financial Obligations too high?

Anonymous — Wed, 04 Jun 2014 23:21:24 GMT

Do you know your actual DTI and utilization figures?

Re: Financial Obligations too high?

TRC_WA — Thu, 05 Jun 2014 13:31:13 GMT

CapOne is strange.

I am currently waiting on a EO manual review after being denied for a CLI due to not enough card usage. I have the same usage pattern with Barclay and got an increase and a letter from them thanking me for my responsible card usage.

Go figure.