cancel
Showing results for 
Search instead for 
Did you mean: 

Capital one denial!

tag
Anonymous
Not applicable

Capital one denial!

So after all the venture news I figured I'd try it out. It was a whim and I didn't need it at all. So glad I was denied.

Surprising though. But I'm 1000% sure it's because too many recently opened credit lines. ( over 8 in 5 months )
Just want them to give me a cli on my quicksilver which probably won't happen.

Anyways, how long before I can actually work with credit again..?

Every cli I request I get the too many recent installment accounts message
Message 1 of 5
4 REPLIES 4
ecxpa
Valued Contributor

Re: Capital one denial!


@Anonymous wrote:
So after all the venture news I figured I'd try it out. It was a whim and I didn't need it at all. So glad I was denied.

Surprising though. But I'm 1000% sure it's because too many recently opened credit lines. ( over 8 in 5 months )
Just want them to give me a cli on my quicksilver which probably won't happen.

Anyways, how long before I can actually work with credit again..?

Every cli I request I get the too many recent installment accounts message

Good question........I'm in the same boat.......have plenty of credit .....just trying to grow a few of my 3-7K cards to 10K .   I've heard wait 3 mos, 6mos, 12 mos.  I just don't know.....it doesn't make any sense.  Over the past 3 mos I have been able to get new cards and CLI's on a lot of accounts but get the "too many new accts" from some lenders, i.e. Barclays, Cap1, WF, denials for revolver from Amex.

Message 2 of 5
Anonymous
Not applicable

Re: Capital one denial!

6 months is a pretty golden number that I've heard frequently from analysts to let accounts age. 

Message 3 of 5
TURNERHOOVER
Established Contributor

Re: Capital one denial!


@Anonymous wrote:
So after all the venture news I figured I'd try it out. It was a whim and I didn't need it at all. So glad I was denied.

Surprising though. But I'm 1000% sure it's because too many recently opened credit lines. ( over 8 in 5 months )
Just want them to give me a cli on my quicksilver which probably won't happen.

Anyways, how long before I can actually work with credit again..?

Every cli I request I get the too many recent installment accounts message

I'd go for six months then try again. 

EX 727 | EQ 720 | TU 740

FREEDOM 4.5k | BCP 9.5k | DISCOVER 2.5k | ARRIVAL+ 7.5k | RITZ CARLTON 15k
No new Apps till Dec 2016
Message 4 of 5
bobbycredit
Valued Member

Re: Capital one denial!

Credit score? AAoA? (trying to gather some data before I waste hits myself...)

Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.