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Cap One CLI and EO question

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RBFool
Contributor

Cap One CLI and EO question

I've had my QS card for about a month now and my second statement is cutting Aug 10th. I've had to pay down the card about 6 times as I'm putting about 2k through it a month so far. What is the likelihood of a CLI about the 5th of August?

 

My plan was to pay the card down to about $300 on the 1st and then contact the Facebook EO team and ask for a CLI. What are your feelings to see if I'll get approved based on the fact it'll be about 6-7 weeks old at that time.

 

If I go through with the EO request, how long does it normally take to process? If I ask on the 5th, would the CLI (in my perfect world) be completed by the 10th?

 


  

BK 7 Dismissed: 5/2014 AAoA: 6 years Credit Scores (07-02-2015): My Privacy Matters: TU: 633 EX:658 EQ: 651
How to add pics to Signature

Message 1 of 8
7 REPLIES 7
coldnmn
Mega Contributor

Re: Cap One CLI and EO question

Chances are slim to none before 6 months in my opinion.

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
Message 2 of 8
heyarrnold
Valued Contributor

Re: Cap One CLI and EO question

Chances are slim. I would wait at least 6 months to request a CLI via EO. That way you have more payment history with CapOne. 

Message 3 of 8
RBFool
Contributor

Re: Cap One CLI and EO question

That's what I was afraid of. I saw a post where somebody was successful but that doesn't seem to be the normal.

  

BK 7 Dismissed: 5/2014 AAoA: 6 years Credit Scores (07-02-2015): My Privacy Matters: TU: 633 EX:658 EQ: 651
How to add pics to Signature

Message 4 of 8
Creditaddict
Legendary Contributor

Re: Cap One CLI and EO question

No offense but you are 2 months out of BK, $2k limit with Capital One is amazing!

Message 5 of 8
RBFool
Contributor

Re: Cap One CLI and EO question


@Creditaddict wrote:

No offense but you are 2 months out of BK, $2k limit with Capital One is amazing!


$1k Smiley Happy and no offense taken. Just hopeful. Kinda tired of micro-manging my money to make sure I don't over draw the 1k. All I want is 1 additional K!!! 

 

I'll just have to adjust my spending to only do 1k max a month is all. 

 

EDIT: Boy that post button is touchy.


  

BK 7 Dismissed: 5/2014 AAoA: 6 years Credit Scores (07-02-2015): My Privacy Matters: TU: 633 EX:658 EQ: 651
How to add pics to Signature

Message 6 of 8
Creditaddict
Legendary Contributor

Re: Cap One CLI and EO question


@RBFool wrote:

@Creditaddict wrote:

No offense but you are 2 months out of BK, $2k limit with Capital One is amazing!


$1k Smiley Happy and no offense taken. Just hopeful. Kinda tired of micro-manging my money to make sure I don't over draw the 1k. All I want is 1 additional K!!! 

 

I'll just have to adjust my spending to only do 1k max a month is all. 

 

EDIT: Boy that post button is touchy.


just keep checking the pre-qual for Barclay and Discover and once you are showing other credit besides Cap1 I think it will help you grow fast!

Message 7 of 8
cluelessoregonguy
Contributor

Re: Cap One CLI and EO question

In the same boat but with only a $300 limit. I can't get the dang payments to the card fast enough to keep using it lol. Sigh Smiley Sad going to shelf it for 6 mo to a year to see if it's usable eventually. Too much work trying to keep available credit on the thing. Rather just use my cash back debit as before.

 

 

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