Cap1 denial

[Anonymous]

Just applied for a cap 1 card and was denied. Received letter in mail saying I have too many accounts. I currently have two others from cap1 is there any way to get reconsidered? I've heard some people have even more than 3 cards from cap1.

[L-TWT]

May I ask?

what was your rational 4 wanting to acquire a third Cap1 CC?

[Anonymous]

This one would be unsecured

[09Lexie]

We would need more information. Credit profile, baddies, inq's, how long have you had ther cc's?

[L-TWT]

So, your other two Cap1 CC's are secured?

If so, how long have you had them?

[Anonymous]

I haven't had any baddies since feb. I think I did have quite a few inquires. Both are secured. One is 1 year and 2 months old the other one possibly 3 months old. However I have unsecured cards from macys and best buy.

[09Lexie]

You haven't given us enough info to help. Last baddies was in Feb, doesn't say what it is for nor how many others.
The more detail the better

Baddies, what kind, how many how old?
Current cc's, with whom, how old and CL's?

[Anonymous]

Only baddie I had was in feb for 30 day late payment on my oldest secured card from cap 1 which was one year and 2 months old. Credit cards are store cards from macys and bestbuy. Each one two three months old. Macys $200 best buy $500

[09Lexie]

Based on your prior posts, Cap 1 is less than a year old and during that time you were 30 days late. This derog was reported in Feb. You've added Macy's in Aug and you had applied for Cap 1 -during that time too.

It's is not just the short credit profile but the number of inq's in connection with the late within the first year. You need more time between your apps and derog before Cap 1 will extend you additional credit.

[creditguy-378]

well you do have 3 credit cards with them if you have a best buy cc... HSBC sold there us porfolio to Cap1  Best Buy, Kols, and TjMaxx are Cap1 now