General Questions and Why Was I Denied?

[gdale6]

---

@ILFarmer wrote:

Well I sent an e-mail off, and I also called discover and got my Credit Line increased to $4300. I didn't even have to speak to anyone, I just had to enter my monthly housing payment and my anual income and a machine told me that my credit line could be increased by $1500 to $4300. So that will help. 

I plan to only spend $800-$1000 a month on the discover, but as you all can imagine things come up and it gets used more often at times. 

---

Grats on your CLI

I know you are old school

---

@ILFarmer wrote:

Well I sent an e-mail off, and I also called discover and got my Credit Line increased to $4300. I didn't even have to speak to anyone, I just had to enter my monthly housing payment and my anual income and a machine told me that my credit line could be increased by $1500 to $4300. So that will help. 

I plan to only spend $800-$1000 a month on the discover, but as you all can imagine things come up and it gets used more often at times. 

---

[B335is]

Congrats on your increase! Hopefully Cap1 will overturn the computer denial, but if not I would look into the Sallie Mae card from Barclays (5% cash back on gas and groceries up to $250/month). The Fidelity Amex is another good option (its backed by FIA/Bank of America).

[ILFarmer]

Thansk for the input. Hopefully Capital One will call me tomorrow and surley approve me but if not oh well. I will update either way!

[sexy_kitten7]

Sorry you got denied. That stinks! It sounds like you are very creditworthy.

First, call Cap One reconsideration/underwriting a few times to see if they can push it thru.
Second, escalate to the Executive Office (EO) via email or mail. They have more power and might be sympathic to your situation.

Third, apply for another non-Cap card if you want one (it'll help your Fico score in the long run, specifically number of accts and mix of credit).

Good luck!!! 

[Anonymous]

What was your UTL when Cap One ran your credit? What's the status of your loans? 

[takeshi74]

---

@ILFarmer wrote:

Earlier today I applied for a Capital One Quicksilver and got denied instantly. Does anyone have any idea why?

---

You should receive a letter with denial reason(s).  What does it say?