I have an unpaid C/o w/ cap 1 that I defaulted on in 06. I am planning on paying it via PFD ( or trying to at least) early next year.
Heres my question: I went to the preapproval site for cap 1 and it said i was preapproved for a few different cards. Do you think they would approve me for new credit given that I already have a c/o with them? Does the preapproval site not see that i already have an account in bad standing with them?
it won't hurt you to apply. if you are blocked in there system it will pop up internally before they pull credit and you will get a letter stating because of past handling with capital one... blah blah you can't have another card.... no credit report was pulled for this decision.
weird that your getting pre-approval, so i say go for it!