Do I Accept the $1K CLI from Capital One, or Wait for a Higher Offer?

[Anonymous]

I did both:  I called and checked the website at Capital One in mid-April for a CLI after they automatically increased my CL by $3K six-months ago, but I declined the offer hoping for a higher CLI in the near future.  It's been six-weeks, and still only the $1K increase is available on the website.  Do I just accept the $1K now, or go on waiting a few more months only to land right back where I am right now?

[Anonymous]

Personally I would accept it, especially since you got $3k recently. It may disappear altogether, and CapOne isn't the most generous lender on average.

[Ficoproblems247]

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@Anonymous wrote:

Personally I would accept it, especially since you got $3k recently. It may disappear altogether, and CapOne isn't the most generous lender on average.

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+1. It will be at the very least 6 months before anything starts leveling out. You may as well take the 1K to tide you over for now. I just accepted a 1K CLI from them the other day. I shrugged my shoulders and said 1 is better than none.  With any luck, 6 more months from now they may be starting to open their pockets a little deeper. (Though with them I wouldn't count on it.) 😂

[Anonymous]

I would definitely take it.

[TekkenQQ7]

I was offered $500 for my venture (quicksilver now) at 6 months mark, offer declined few times, now it's gone and its been like 7 months but every time I check I get the low usage reason. I think you should accept it,1K is not bad.

[Mv350]

take it

[M_Smart007]

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@Anonymous wrote:

I did both:  I called and checked the website at Capital One in mid-April for a CLI after they automatically increased my CL by $3K six-months ago, but I declined the offer hoping for a higher CLI in the near future.  It's been six-weeks, and still only the $1K increase is available on the website.  Do I just accept the $1K now, or go on waiting a few more months only to land right back where I am right now?

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As Steve Miller Sang; "Take the Money and Run"

[Anonymous]

Accepted the measley $1K CLI.  I know I should be grateful to even access to a CLI with a BK on file, but I guess I was slefishly expecting to be farther along after six years.  Thank you all for the kind advice. 

[AllZero]

Congratulations on your CLI!

[Brian_Earl_Spilner]

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@Anonymous wrote:

Accepted the measley $1K CLI.  I know I should be grateful to even access to a CLI with a BK on file, but I guess I was slefishly expecting to be farther along after six years.  Thank you all for the kind advice. 

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That's 3-10x more than they normally offer people. Especially if it's not being used heavily.