No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Yes, yes...I know...Capital One is a credit pariah to many on this board, but post-house closing, they have been VERY generous to me:
Sony Cap1 VISA card: Approved for $2,500
Cap1 Cash Rewards: Approved for $3,000
Best Buy Reward Zone Mastercard: Approved for $2,500
Menard's BIG card (Menard's is EVERYWHERE here): Approved for $5,000 (I didn't even know Cap1 could count that high...even if this is a store card!)
All cards approved on the same day!
By my count, that's $13,000 in new credit
I know what you're thinking...why not Discover? Why not Citi? Why not Chase...BOA...AMEX?
Here's why...I have a year 2010 BK7...and the aforementioned prime lenders won't touch me with a 30-foot pole.
But Capital One did...in a big way...and for taking a chance on a guy who screwed up in the past and is now a responsible credit user (and 1st time homeowner), that guy says THANK YOU, CAPITAL ONE
Note: Edited to correct errors
Capital One definitely gets a lot of flak -- oftimes dservedly so -- but I agree, they are one of the few lenders who will help you out when you're down. They can be a chore to deal with, but all-in-all, they've done me right.
So congrats man. Use those cards with pride.
@Stralem wrote:Capital One definitely gets a lot of flak -- oftimes dservedly so -- but I agree, they are one of the few lenders who will help you out when you're down. They can be a chore to deal with, but all-in-all, they've done me right.
So congrats man. Use those cards with pride.
Much appreciated!
I should have mentioned...none of the cards has an AF...and the interest rate is pretty good on the co-branded cards (not that it matters since we use/pay off, but still a nice gesture).
Congrats
BTW I love my cap1 cards
@myjourney wrote:Congrats
BTW I love my cap1 cards
Same here!
Confessional time: I was once a Cap1 hater. They were restricting access to CLIs...and thus, in my mind, impeding my credit improvement.
Then I realized...these people gave a credit card to a guy who had just hit rock-bottom. Sure that eventual $750 limit seemed piddly, but I had just filed for Chapter 7 BK (not related to CC debt, but rather mounds of medical bills from keeping my son alive). Were they supposed to just hand me the keys to the vault?
Cap1 has a very particular, SUCCESSFUL business model. They are generous to few, but cautious with many. They charge nominal AFs...waive them at times for good customers...and give decent-but-not-Earth-shattering CLIs and CLs at times.
I have grown to appreciate the role they play in the credit world. People here swoon over BOA/Citi/AMEX/Chase and the like...but the truth is, very few of those companies waste their time even considering people like me. It's as though I am a Yamaha motorcycle rider walking into a Harley Davidson shop At least Cap1 lets me in the door without judging me...and that really rubs me the right way.
Congrats! Cap One let me back in the door too after I burned them in my BK. $500 limit, but it's a start.
I love my cap1 as well. They gave me my first ever credit card with a 3k limit and no AF
Congrats on your spree.
@CreditCrusader wrote:Yes, yes...I know...Capital One is a credit pariah to many on this board, but post-house closing, they have been VERY generous to me:
Sony Cap1 VISA card: Approved for $2,500
Cap1 Cash Rewards: Approved for $3,000
Best Buy Reward Zone Mastercard: Approved for $2,500
Menard's BIG card (Menard's is EVERYWHERE here): Approved for $5,000 (I didn't even know Cap1 could count that high...even if this is a store card!)
All cards approved on the same day!
By my count, that's $13,000 in new credit
I know what you're thinking...why not Discover? Why not Citi? Why not Chase...BOA...AMEX?
Here's why...I have a year 2010 BK7...and the aforementioned prime lenders won't touch me with a 30-foot pole.
But Capital One did...in a big way...and for taking a chance on a guy who screwed up in the past and is now a responsible credit user (and 1st time homeowner), that guy says THANK YOU, CAPITAL ONE
Note: Edited to correct errors
CONGRATS!!!
I dont blame ya go with the lender that will trust you and you like!
Congrats on the approvals. Just curious though, you said you got the cash rewards card with no AF. I thought that was strictly for those with excellent credit and the $39 AF was for us with some blemishes like a recent BK.
@CreditCrusader wrote:
@myjourney wrote:Congrats
BTW I love my cap1 cards
Same here!
Confessional time: I was once a Cap1 hater. They were restricting access to CLIs...and thus, in my mind, impeding my credit improvement.
Then I realized...these people gave a credit card to a guy who had just hit rock-bottom. Sure that eventual $750 limit seemed piddly, but I had just filed for Chapter 7 BK (not related to CC debt, but rather mounds of medical bills from keeping my son alive). Were they supposed to just hand me the keys to the vault?
Cap1 has a very particular, SUCCESSFUL business model. They are generous to few, but cautious with many. They charge nominal AFs...waive them at times for good customers...and give decent-but-not-Earth-shattering CLIs and CLs at times.
I have grown to appreciate the role they play in the credit world. People here swoon over BOA/Citi/AMEX/Chase and the like...but the truth is, very few of those companies waste their time even considering people like me. It's as though I am a Yamaha motorcycle rider walking into a Harley Davidson shop At least Cap1 lets me in the door without judging me...and that really rubs me the right way.
Well said Bravo