@Anonymous wrote:
Recieved the old:
Thank you for submitting an application for a Capital One credit card.
We attempt to provide an application decision in 60 seconds or less. On occasion, system availability affects our ability to make a credit decision or, in some cases, we need to collect additional information. Unfortunately, we need more time to look into this for you.
Keep an eye out for additional details regarding your application via email or mail within 7-10 business days.
Until we contact you, please do not submit another application.
Fico scores are:
Equifax 688, Trans 662, and Experian 699. 21k available credit with about 11 percent utiliation. Solid, stable income. I have 2 cap one cards quick silver $2350 and $1800 both carry 0 balances. I also have a Cap one Buypower however I do not think that is an actual Cap One card. No collections, one tax lien from 2011 that is paid and released just waiting for it to expire in 2018. 100% on time payments. I have 10-13 HP's depending on the CB. I called recon line but obviously they are closed. The automated system stated they need more information and will get back to me in 7 to 10 days, I am assuming that is a denial. Just wondering if I have too low of scores for this card?
Capital One didn't use the regular FICO 8 scores when the pulled my credit...I forgot which ones..... But mine were in the 650's.
I cold app'd for the Venture and received the same response. I called the automated line and was told 7-10 days. Finally, I got a hold of someone and they told me they don't know what hapened and that I had been approved for $20,000. I have 2 capital one cards as well....limits are $7K and $3500 (I even requested CLI on both the same day I app'd for the venture with no problem). I don't carry balances on those either. My inquiries are in the 20s with each bureau and my equifax was actually frozen at the time of the credit pulls.
I think you have a good chance. You can either wait it out, or speak to a representative.
