topic Re: Pre-Approved Offers in General Credit Topics

Pre-Approved Offers

Anonymous — Wed, 16 Mar 2011 13:45:59 GMT

When I got home from work last night, there was a letter from Capital One pre-approving me for an auto loan. While I don't need this as I just bought a car over the summer, is it possible that I might start receiving other pre-approved offers, say that next level of credit cards above the Orchards and First Premiers?

At my first I thought the Cap1 letter was just because I currently have 2 cards with them in good standing, but it also came at a time when my scores have been shooting up. I also haven't been receiving any of the offers from the rebuilder cards recently, so I'm wondering if my profile is changing where I'll start being courted by that next tier.

Not that I plan on going on an app spree if I do start getting the offers, but it's always nice to feel wanted.

Re: Pre-Approved Offers

Anonymous — Wed, 16 Mar 2011 13:48:56 GMT

I get those to my email address. I haven't tracked if it corresponded to any particular score level - I think the amount they put on it may be higher than it used to be, though...

Re: Pre-Approved Offers

Anonymous — Wed, 16 Mar 2011 15:08:48 GMT

Thanks, mauve. I want to say the pre-apprval was for like 31K, but I'll have to check when I get home. I know I've gotten them before, but I think it's been a while.

Re: Pre-Approved Offers

Anonymous — Wed, 16 Mar 2011 15:19:11 GMT

Mine are listing "up to 40k"

Meanwhile, I have a high-falutin' $500 CL card with them.

Re: Pre-Approved Offers

Anonymous — Thu, 17 Mar 2011 01:34:19 GMT

It may be worth checking into to refinance your car note depending on current interest rate vs. what Cap 1 is offering.May benefit you in the future if you ever want to have a relationship with them instead of FP or Orchard IMO