Discover it Chances?

[Anonymous]

The Discover pre-qual is crap, it will pre-qualify your dog. And yes, Cap1 does pull all 3 bureaus. And in my opinion, the regular Quicksilver is better than the QuicksilverOne because it usually has higher limits and no annual fee.

Edited because I messed up which cards.

[Gunnar419]

---

@Anonymous wrote:

Well, I checked out the Capital One pre-qual site and I received the QS1Rewards with an APR at 15.9% (0% until April '16). Should I hold off and try again once this collection is removed? What are you thoughts?

---

I'd go for it. Those are pretty good terms. The QS1 has a fee, but it's not too bad and could be a good step for you.

It'll really be great if you get that APR. I've got scores over 800 and CapOne won't budge off the 19.99 APR they originally gave me for my Venture One (which is now a regular QS). So yes. 15.99 is great for them.

[Anonymous]

Ah, then perhaps I should wait and try again when the collection is removed from my reports.

---

@Anonymous wrote:

The Discover pre-qual is crap, it will pre-qualify your dog. And yes, Cap1 does pull all 3 bureaus. And in my opinion, the regular Quicksilver is better than the QuicksilverOne because it usually has higher limits and no annual fee.

Edited because I messed up which cards.

---

[Anonymous]

---

@Anonymous wrote:

Ah, then perhaps I should wait and try again when the collection is removed from my reports.

---

@Anonymous wrote:

The Discover pre-qual is crap, it will pre-qualify your dog. And yes, Cap1 does pull all 3 bureaus. And in my opinion, the regular Quicksilver is better than the QuicksilverOne because it usually has higher limits and no annual fee.

Edited because I messed up which cards.

---

---

It's up to you really, but it might take awhile before you'll qualify for the Quicksilver because you need some revolving history - simply having the collection removed might not be enough for this card. It's not like you can't get the Quicksilver later down the road, so if I were you I would seriously get the QuicksilverOne now - really 15.99% is a good APR for your first card. The sooner you can get started with revolving credit, the better off you'll be down the road.

[Anonymous]

---

@Anonymous wrote:

---

@Anonymous wrote:

Ah, then perhaps I should wait and try again when the collection is removed from my reports.

---

@Anonymous wrote:

The Discover pre-qual is crap, it will pre-qualify your dog. And yes, Cap1 does pull all 3 bureaus. And in my opinion, the regular Quicksilver is better than the QuicksilverOne because it usually has higher limits and no annual fee.

Edited because I messed up which cards.

---

---

It's up to you really, but it might take awhile before you'll qualify for the Quicksilver because you need some revolving history - simply having the collection removed might not be enough for this card. It's not like you can't get the Quicksilver later down the road, so if I were you I would seriously get the QuicksilverOne now - really 15.99% is a good APR for your first card. The sooner you can get started with revolving credit, the better off you'll be down the road.

---

Do you think I could possibly receive a higher limit if I apply for the QS1 after the collection is removed. Thanks for your help btw!

[Anonymous]

Cap1 has been really good lately with starting limits and increases. They may start you out with a lower limit simply because you don't have any revolving credit right now - I think any lender would. So with or without the collection on your report, I'm afraid that the first card (or two) that you get will start with lower limits, because they need to see how you're going to handle it. Higher credit lines happen gradually - you start low and build your way up. Nothing wrong with that at all.

[Anonymous]

---

@Anonymous wrote:

Cap1 has been really good lately with starting limits and increases. They may start you out with a lower limit simply because you don't have any revolving credit right now - I think any lender would. So with or without the collection on your report, I'm afraid that the first card (or two) that you get will start with lower limits, because they need to see how you're going to handle it. Higher credit lines happen gradually - you start low and build your way up. Nothing wrong with that at all.

---

That is good to know. Also it looks like the QS1 gives a 20% discount on uber rides; not bad...

[Anonymous]

---

@Anonymous wrote:

---

@Anonymous wrote:

Cap1 has been really good lately with starting limits and increases. They may start you out with a lower limit simply because you don't have any revolving credit right now - I think any lender would. So with or without the collection on your report, I'm afraid that the first card (or two) that you get will start with lower limits, because they need to see how you're going to handle it. Higher credit lines happen gradually - you start low and build your way up. Nothing wrong with that at all.

---

That is good to know. Also it looks like the QS1 gives a 20% discount on uber rides; not bad...

---

Yes it does, and for those who use Uber frequently, that's a very good deal! Well whatever you decide to do make sure you keep us posted (I still think you should just go for it now ).

[Anonymous]

Yikes, I just realized that Capital One triple pulls. 

[jbsea]

My guess would be that they would put you in there credit steps program.  They will start you off with a low credit limit, say $300 or $500 limit.  But I think you can get aCLI after 3 months and a autoCLI after 5 months.  If your starting over rebuilding your credit this seems like a good way to go.  We all have to take that first step....

---

@Anonymous wrote:

Cap1 has been really good lately with starting limits and increases. They may start you out with a lower limit simply because you don't have any revolving credit right now - I think any lender would. So with or without the collection on your report, I'm afraid that the first card (or two) that you get will start with lower limits, because they need to see how you're going to handle it. Higher credit lines happen gradually - you start low and build your way up. Nothing wrong with that at all.

---