@Anonymous wrote:
Stupid me.....Three months ago, my wife applied for Capital One Cards. She got QS1, 300$ SL, and Platinum 300$ starting line. 2 weeks before her third statements came out she hit the love button and got CLI of 500$ on both cards. Last night she checked Capital Ones pre qualify tool and nothing came up. She got brave and applied for The Venture, she got an instant approval for the 5000$ Signature and she was able to link it to her accounts right then an there! She has NO credit other than her two Cap One Cards that she has had for a few months...No baddies and low 600's for scores...So I decided to do the same thing and BAM, "declined".
I have two CO's and down to 7 collections (medical). I should have known better...I'm at 9 inquries in six months...I'm done and digging holes in the garden til next summer...I am really jealous she got it and I didnt....Do you think I will be able to ever get it??
I hope you aren't too discouraged, my friend. Most of us can relate to the feeling, and your logic and reaction after your wife's approval seems quite reasonable to me.
When you say 9 inquiries in 6 months, is that 9 inquiries on a certain bureau, or total? For instance, if it was total and you only had 2 on TU, Barclaycard might be attainable if you really wished for something right now. When they approved me, my TU was likely about the same as yours(myfico was very slow updating it, so who's to say for sure), although they told me they don't use any scoring model, and look at the overall report. Anyhow, I don't want to influence you into something you didn't mention, but wanted to throw that out there just in case.
Congrats to your wife, the Venture is most likely the next card I will apply for, and this post is making it hard for me to remain patient!
Did you get the letter yet that mentions the reasons for the denial? I'm just curious if it was the generic credit report imperfections, or if they may have said insufficient experience at your current level of credit, or something more along those lines? Either way, as others have said, you most likely will be able to get the Venture at some point, provided you don't find other cards to go after instead. You seem to have a good attitude, and I hope I don't miss that thread when it pops up! (seriously, there are times when I wish I could pre-subscribe to certain threads!). Best of wishes!
