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do i stand a chane on recon with cap1

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Anonymous
Not applicable

do i stand a chane on recon with cap1

got denied for a card online today with fico8 620TU 620 EX AND 629 EQ Pretty sure they use TU which i have 1 collection from 2012 with midland for credit one and a charge off from 2012 for best buy from hsbc. i have had a secured card from cap 1 for 6 months with very resposible use. i'm calling backdoor number on monday, just wondered if i have a chance?

18 REPLIES 18
Anonymous
Not applicable

Re: do i stand a chane on recon with cap1

They do a triple pull....Recon is unlikely with Cap1.
Message 2 of 19
UncleB
Credit Mentor

Re: do i stand a chane on recon with cap1


@Anonymous wrote:
They do a triple pull....Recon is unlikely with Cap1.

+1

 

When you apply for a 'primary' Capital One card (i.e. Venture, Quicksilver, and all variations) they do a HP on all three credit bureaus.  (Note that this doesn't include the co-branded cards).

 

They aren't known for being extremely easy to recon with, but that being said the only way to know for certain is to give it a try.  Once you've taken the HP(s), there's certainly nothing to lose. 

 

Let us know how it goes!  Smiley Wink

Message 3 of 19
Anonymous
Not applicable

Re: do i stand a chane on recon with cap1

which card did you app for?  if it was quicksilver venture one or venture, forget about it.

Message 4 of 19
Anonymous
Not applicable

Re: do i stand a chane on recon with cap1


@Anonymous wrote:

which card did you app for?  if it was quicksilver venture one or venture, forget about it.


QS 1. I have a secured platinum and heard you can only have 2 sub-prime cards with them, I didn't want another platinum but if they will give me a unsecured one i guess i'll take what i can get. Gonna ask if they will issue a unsecured platinum tomorrow if i cant get the qs1

Message 5 of 19
Anonymous
Not applicable

Re: do i stand a chane on recon with cap1

hmm, in that case, your scores def should of gotten you that card.   

Message 6 of 19
UncleB
Credit Mentor

Re: do i stand a chane on recon with cap1


@Anonymous wrote:

@Anonymous wrote:

which card did you app for?  if it was quicksilver venture one or venture, forget about it.


QS 1. I have a secured platinum and heard you can only have 2 sub-prime cards with them, I didn't want another platinum but if they will give me a unsecured one i guess i'll take what i can get. Gonna ask if they will issue a unsecured platinum tomorrow if i cant get the qs1


The underwriting should be similar if not the same for the Platinum and the QS1, so if you can tell your recon call is going well, if it were me I would definitely prefer the QS1 (since it has rewards). 

 

Note also that you might have to go the EO route... try the front-line CSRs first, of course, for good measure, but don't be surprised if you don't get very far with them.  Of course these things are always YMMV, so you might in fact have a fantastic first contact... in any case, my fingers are crossed that it will work out in the end.

 

Again, good luck and let us know how it goes!  Smiley Happy

 

 

Edited to add:  It would be irresponsible of me to not mention that most people are not successful with Capital One recons... however that doesn't mean you can't at least try if that's what you want to do (these things are YMMV, after all). 

Message 7 of 19
creditguy
Valued Contributor

Re: do i stand a chane on recon with cap1

It could be that Cap One now owns that HSBC CO, if so they may be holding that against you, if so, Recon is futile, but in reality, Recon is futile regardless because they just aren't known for that. You may want to consider dealing with that CO if you want to play ball with Cap One. 

Message 8 of 19
Aduke1122
Senior Contributor

Re: do i stand a chane on recon with cap1

Op have you had your secured card 6 mths for sure ? If not that would be a reason for an auto deniel as they only allow one acct being opened every 6mths. Just a thought .
Message 9 of 19
Anonymous
Not applicable

Re: do i stand a chane on recon with cap1

Ok so I was a week shy of 6 months, that's why they denied me. They have since gave me a $300 credit increase on my secured card that was initially a $200 limit. Does that credit increase mean I have a good chance getting a qs1 now since its past the 6 months? They didn't report a inquiry since they couldn't issue a new account anyway.
Message 10 of 19
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