Hi there! First-time poster and happy to be here! I just had a question. I know lenders and score monitors can use different models and come up with different score numbers, but I currently use Credit Karma and show a 630/636 Transunion/Equifax. I went on to their "Recommendations" page, and saw that their approval odds for the Capital One® Platinum Credit Card were at "Very Good". It's the first time that I've seen those odds on there, but I'm skeptical about applying and adding an inquiry to my report. Does anyone have any advice that they think may help me decide whether or not to apply? any knowledge of this particular cards' average approval score(s) or bureau they use to pull scores from? Any help would be appreciated. Thanks a bunch!
***EDIT***
I do not currently know how to add all of the information you folks seem to have under your messages, but I'm going to add whatever information I can about my profile. This information is gathered from CK, so it may not be 100% accurate, but that's all i have to go on at this time.
TU:
630 Score
9 Inquiries
5 Total Accounts
2 Open ($6,509 Remaining on Car loan and $129 in Collections)
3 Closed
Credit Age (averaged): 8 Months
Derogatory Marks: 1 ($129 Collection Account)
Credit Card Use: No Data
Payment History: 100%
Equifax:
636 Score
7 Inquiries
6 Total Accounts
Same 2 open as TU
4 Closed
Same Credit Age
Same Card Use
Same Payment History
No current Cards or CL, slowly building my score 1 point at a time with my car payments when they report them,
2007 Hyundai Santa Fe
Financed through Credit Acceptance Corp 
22.99% INTEREST!!!
I know that's terrible, but I had been denied completely by every other lender attempted.
I'm hoping this community will help me build my profile like it seems to have done with so many others!
There are people on here that could give you an educated guess, but we'd have to know more than just your CK Vantage scores. Things about your credit profile like current CC utilization, file thickness, average age of accounts, any derogatory remarks, etc? Many find it helpful to create a signature when able to display those things.
Welcome to myFICO. So the main thing that most people mention is that the "preapprovals" that CreditKarma shows are really nothing other than ads. If you want to actually check for preapprovals with certain banks. Most of them such as Chase, Discover, Capital One, etc. have their own preapproval pages that would be much more accurate than what CreditKarma is trying to show.
There are MANY banks that have real prequals.
I would use those to get an idea of where you really stand.
Capital One
Merrick Bank
Home Depot
US Bank
BB&T
Regions
American Express
Discover
GL!
@Anonymous wrote:Hi there! First-time poster and happy to be here! I just had a question. I know lenders and score monitors can use different models and come up with different score numbers, but I currently use Credit Karma and show a 630/636 Transunion/Equifax. I went on to their "Recommendations" page, and saw that their approval odds for the Capital One® Platinum Credit Card were at "Very Good". It's the first time that I've seen those odds on there, but I'm skeptical about applying and adding an inquiry to my report. Does anyone have any advice that they think may help me decide whether or not to apply? any knowledge of this particular cards' average approval score(s) or bureau they use to pull scores from? Any help would be appreciated. Thanks a bunch!
Welcome to the forum. Without knowing much about your file, the one question I can answer for you is that Capital One will pull from all 3 bureaus, so you will have 3 hard inquiries. Good luck.
Ditto what everyone else has said. Cap1 pulls all three.
Good luck.