Great to be here on this forum. I'm determined to improve my scores with some proactive action, after languishing for years with a mediocre score and profile!
I just applied and was approved for a Cap One QS. However, I was surprised to hear that my initial CL was only $500, as I have two other cards, one of which is a Cap One Platinum with a $1K limit (due for a CLI request again in two months). My utilization across 3 existing cards is 0% today, but was sitting at 20% overall, and 90% on one card when I submitted due to a reporting delay on a PIF. Everything is PIF now.
I have 100% on time with Cap One and all other credit cards, but a couple of baddies on a mortgage that was modified last year and a contested CO on a car lease that has been requested removed by the car dealer (alleged excessive wear that was not documented, otherwise the lease was auto-pay, 100% on-time). My EX FICO as of today is 655, TU 696 - both should improve after the CO is removed and one of the older baddies falls in a few months.
I got the email saying the card has been mailed. Should I call for a recon on the CL of the QS card before I receive it? I know it's a step card and they normally only CLI every 6 months. But it seems I should be able to do better on the new Cap One card as an existing customer. Thoughts?
