topic Re: what fico score for cap1 unsecured? in Rebuilding Your Credit

what fico score for cap1 unsecured?

Anonymous — Fri, 01 Apr 2016 23:23:18 GMT

just curious where everyone's score was when they got aproved for a unsecured card through cap1? and who's score and what model do they use?

Re: what fico score for cap1 unsecured?

Anonymous — Fri, 01 Apr 2016 23:15:17 GMT

I just got approved for a Platinum and QS1 and although I'm not sure of my EQ score since it hasn't updated yet, my TU and EX are around 580. My bf also got approved for a Platinum just recently and his TU was 563 according to the letter he got.

Re: what fico score for cap1 unsecured?

Anonymous — Fri, 01 Apr 2016 23:17:00 GMT

My lowest score at the time of approval for the Platinum was 599 and got 500$ starting line.

Re: what fico score for cap1 unsecured?

Anonymous — Fri, 01 Apr 2016 23:34:27 GMT

When I got approved i was around 570s accross the board. Check the prequalify section. Usually its a good indicator on if you will get the cards or not =D .. GOOD LUCK!!! They have been great rebuilder cards!

Re: what fico score for cap1 unsecured?

evsports7 — Sat, 02 Apr 2016 00:50:33 GMT

Great post I was wondering this too. When I go to there prequal site, it prequalifies me for the secured cards even though I already have it. Does anyone know with the scores I have if I could get approved?

Re: what fico score for cap1 unsecured?

Anonymous — Sat, 02 Apr 2016 00:58:12 GMT

@evsports7 wrote:
Great post I was wondering this too. When I go to there prequal site, it prequalifies me for the secured cards even though I already have it. Does anyone know with the scores I have if I could get approved?

It did the same to me and I just decdied to pull the trigger and apply. I would say it depends on how long you have had your secured card. I have seen people as low as 550 getting approved for the platinum and QS1 card.

Re: what fico score for cap1 unsecured?

evsports7 — Sat, 02 Apr 2016 01:15:17 GMT

I've had it for about 1.5 months, maybe to soon huh?

Re: what fico score for cap1 unsecured?

katinOR — Sat, 02 Apr 2016 02:23:38 GMT

My scores were in the 570's to 580s and I got it so I would say give it a shot. I had the prequal screen for quite awhile even when my numbers were around the 550's so its likely going to approve at an even lower score.

Good Luck!

Re: what fico score for cap1 unsecured?

Anonymous — Sat, 02 Apr 2016 02:33:50 GMT

Mine were 575 range when they approved me for QS1 with a 500 SL

Re: what fico score for cap1 unsecured?

Yoshi2015 — Sat, 02 Apr 2016 03:01:20 GMT

I went through the prequal site and I was approved for the Plat around 580. Have you tried prequal site? If it displays "congratulations" you are pretty good to go ahead and pull trigger!! Good luck!!

Re: what fico score for cap1 unsecured?

Anonymous — Sat, 02 Apr 2016 04:29:34 GMT

@Anonymous wrote:
just curious where everyone's score was when they got aproved for a unsecured card through cap1? and who's score and what model do they use?

The thing to keep in mind is that its not "all about the score". There was a guy one here complaining some months ago that Cap One just would not approve him, despite have scores in the mid/upper 600's. They finally approved him after he paid off an old charged off credit card account.

They do a triple pull, and on denial letters I have received they have always quoted an Equifax FICO Score 5 number (the one used for mortgages) as recently as 11/2015.

Re: what fico score for cap1 unsecured?

Anonymous — Sat, 02 Apr 2016 10:56:24 GMT

well since they use the fico 5 score i should probably hold off, as that score is by far my worst one.

Re: what fico score for cap1 unsecured?

Anonymous — Sat, 02 Apr 2016 11:02:23 GMT

I agree that it's not all about the score. I got approved for 2 unsecured Cap1 cards with no score at all but with clean reports.

Re: what fico score for cap1 unsecured?

evsports7 — Sun, 03 Apr 2016 17:10:46 GMT

I'm only getting approved for the Captial One Secured Visa which I already have...

I also have a closed account with capital one could this be why I'm not getting approved?

Number
486236855511XXXX
Account Type
Collection
Terms
1 Month
Date Opened
08/01/2013
Account Status
Closed
Payment Status
Late
Payment Status Details
Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department
Status Updated
11/01/2013
Balance : $1500

Re: what fico score for cap1 unsecured?

Anonymous — Sun, 03 Apr 2016 18:49:42 GMT

@Anonymous wrote:
just curious where everyone's score was when they got aproved for a unsecured card through cap1? and who's score and what model do they use?

@Anonymous scores were almost exactly where yours are in early January when I got my Cap1 CC's. North of 550 TU seems to be the magic # (if you have no derogs with them for the past year). 1/9/16 approved for Platinum and QS1 both @ $500 CL.

Today (90 days later) and I'm right at 100pts better and around $40K in combined CL's

Re: what fico score for cap1 unsecured?

katinOR — Sun, 03 Apr 2016 21:47:44 GMT

I was in the 560s range, I'm not sure exactly. I did have a card with them before that I closed in 2009 in good standing so that may have helped.

Re: what fico score for cap1 unsecured?

evsports7 — Fri, 15 Apr 2016 17:39:00 GMT

Can anyone elaborate on my post?

Original Below:

I'm only getting approved for the Captial One Secured Visa which I already have...

Re: what fico score for cap1 unsecured?

Anonymous — Fri, 15 Apr 2016 18:32:40 GMT

@evsports7 wrote:
Can anyone elaborate on my post?

Original Below:

I'm only getting approved for the Captial One Secured Visa which I already have...

I also have a closed account with capital one could this be why I'm not getting approved?

Number
486236855511XXXX
Account Type
Collection
Terms
1 Month
Date Opened
08/01/2013
Account Status
Closed
Payment Status
Late
Payment Status Details
Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department
Status Updated
11/01/2013
Balance : $1500

I also had an old charge off from Cap1 and was unable to get a preapproval, so yes, this is most likely your problem. I paid mine off, settled in full, this past February 2016 and was approved for a Capital One Q1 card with a $300 SCL on Wednesday. If it were me, I would call the collection agency they sent it to and see if you can make some sort of payment arrangement to get it paid off. If you are cooperative with them, they will do their best to accommodate your budget when figuring a payment (mine was $25/mo on a $400 balance), and will most likely give your a settlement opinion after a few months of automatic payments - which isn't ideal, but it's better than showing as unpaid. You still have 4 years left on your 7 year drop off, so it would be worth it to look in to. Capital One is one of the few companies that is VERY helpful with rebuild and isn't predatory like some of the others (I have two, but will be getting rid of one once my Q1 card is in hand).

Re: what fico score for cap1 unsecured?

Anonymous — Sat, 16 Apr 2016 01:15:38 GMT

Both my husband and I have charge offs from CO from 2014 on our reports. I am unable to get anything from them unsecured even though mine and my husband's scores are the ones shown in my signature. I paid off the old charge offs yesterday so I will see if that makes a difference in a few weeks.

Re: what fico score for cap1 unsecured?

Anonymous — Sat, 16 Apr 2016 02:07:57 GMT

I agree with previous poster on the cap 1 charge off being an issue. I had a cap 1 that was charged off in early 2009 and I could never get anything but a secured card approval. It's just now falling off my reports so I'm planning on trying again this summer. I should note I just opened a secured card with them a few weeks ago so hopefully this does the trick