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Wow! Really? My FICO with EQ is 666(not that low) and I followed steps that everyone else did to receive their 60 day Venture CLI. I had 2 statements cut, spent over 4K in 2 months, and PIF both months. Not very happy right now.
This is how much Cap1 loves me:
You recently requested a credit line increase for your Capital One ® account. Unfortunately, your account isn't eligible right now. We know this isn't the answer you were hoping for and we want to help you understand why:
· Based on your credit lines with Capital One, your credit score isn't high enough for an increase. See the back of this letter for more details.
sorry to hear that, thats strange i got 3k increase no problem. but my scores are in the mid 730-750.
GLuck next time!
Sorry to read that, skorpyo3
I wonder what the threshold is...
Sorry to hear that. try again, make sure you hit the luv button 12 -14 days after your second statement cut, that's how i did it, the first time right when my 2nd statement cut no dice and then 5 days later no dice then right about 12 days after the 2nd statement was cut i got 1k.... wish you luck
They already gave you 15k, just let your scores go up a bit and they might show you some love.
At least you know what you have to improve before requesting again.
@Anonymous wrote:
What is your spend like? Is 15K not enough?
Not the point!
Credit limits are earned.
$4,000 over two months might get you a CLI on a $3,000 QS.
Give it a year of similar spend.
@alextercero wrote:Sorry to hear that. try again, make sure you hit the luv button 12 -14 days after your second statement cut, that's how i did it, the first time right when my 2nd statement cut no dice and then 5 days later no dice then right about 12 days after the 2nd statement was cut i got 1k.... wish you luck
Congrats on the venture CLI! Were your scores similar to what's on your siggy right now when the gave you the CLI?