For other rebuilders...shocking Cap1 approval.

[Anonymous]

I have a rebuilder post in the Rebuilding Forum but thought I'd share a recent approval.  My current scores are TU 584 and EQ 545 (from this site).  I have recent charge off's and collections (last year).  I wanted to find out my EX score and saw that Cap1 pulls Ex on another post.  With creditors who deny credit supposedly giving out scores now, I app'd thinking for sure I'd be declined.  I was approved for their Cash Rewards card and a $500 limit.  So, I still don't know what my EX score is. 

Guess you shouldn't always assume you'll be declined. 

[Anonymous]

No you shouldn't.  Kind of a nice backfire in your favor though!

[LS2982]

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@Anonymous wrote:

I have a rebuilder post in the Rebuilding Forum but thought I'd share a recent approval.  My current scores are TU 584 and EQ 545 (from this site).  I have recent charge off's and collections (last year).  I wanted to find out my EX score and saw that Cap1 pulls Ex on another post.  With creditors who deny credit supposedly giving out scores now, I app'd thinking for sure I'd be declined.  I was approved for their Cash Rewards card and a $500 limit.  So, I still don't know what my EX score is. 

Guess you shouldn't always assume you'll be declined. 

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That approval cost you 3 INQ's as Cap1 pulls all 3 CR's. Congrats!

[Anonymous]

Not a big deal unless your hard inquiry happy.  Just lay low for the next few months and don't apply for anything else.

[MagicShot]

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@Anonymous wrote:

Not a big deal unless your hard inquiry happy.  Just lay low for the next few months and don't apply for anything else.

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I wonder if there is a record for how many inq's one has within 2 years? lol I think my top is like 35 maybe 40 within 2 years.

[Anonymous]

Why did you have so much?

40 hard pulls? I hope thats not for applying for too many credit cards...and here I thought my 6 inquiries is too much.

[MagicShot]

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@Anonymous wrote:

Why did you have so much?

40 hard pulls? I hope thats not for applying for too many credit cards...and here I thought my 6 inquiries is too much.

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Prolly at least 10 maybe 15 were for my refinance last year to a lower interest rate. 5 were for utility changes such as phone, internet ect. rest were CC or CLI requests.

[clocktick]

Congrats on the new card!  They really helped me out and I'll always carry one of their cards because of the no foreign transaction fees.

[sgs10]

Congrats but thats lot of inquiries, wait for some time and let your account age

[Anonymous]

I may be wrong, but isn't the OP still entitled to recieve a free score from Cap 1? I thought I read somewhere that you can request the score to explain why you recieved the credit limit you did (argument being that you were denied a high credit limit, so want to know the score that caused this denial).