$6,500.00 SCL / 14 months 0% APR
Earlier today Capital One Quick Silver -- where I have a $3K CL -- declined (again, for the 2nd time in a 12 months) a CLI and gave me a “too low usage” as a reason. A nonsense I tought given that I've been spending, and paying in full, over 70% of the CL. (granted only for the last three months) so I got angry and, basically, jumped the gun too early with this application.
Why? Last month my score dropped 20 points for I've taken a 60 months personal loan with the WF. This month my score dropped further 44 points for the overall debt use ratio has increased to 25%. (a 64 points total drop, to 683 from 747) I went to check my free score on Discover, saw 707 and still, irrationally and uncharacteristically, fuming over the Cap1 denial, applied for the card.
The system asked me to provide a full bank's statement and advised me to contact them so they could "immediately" check the application. I did it over the Chat, answered a few questions and that was it.
Happy for I wanted to diversify my portfolio of CCs with Discover anyway. This is what I have at the moment:
$3,000.00 Capital One Quick Silver
$4,000.00 Wells Fargo Propel
$4,200.00 Wells Fargo Platinum
$6,500.00 Discover It Blue
$10,000.00 Capital One Venture
Congrats and welcome to the Disco Family. Cap1 has tighten the purse strings for a while now.It is what it is. Enjoy!
Congrats on the new Disco. Everyone needs one lol
Congratulations on your Disco approval! Nothing feels better than getting a new credit card approval. It's like Christmas in June!