Thanks to you folks here on the board, I have become proactive with my credit life. I tracked my Cap 1 account to see when I received my last (and only) credit line increase. This board provided me with the following info- 6 months of no overlimit and perfect payment and this will lead to a $300.00 increase. So I called today as the six months were up on 4/08/01 and requested a cl increase. The Cap 1 rep told me to hold on and reported that I am good for a $300.00 increase. My next goal with Cap 1 is to unsecure this card (born 11/96) Right now $500 deposit for a $1000.00 cl I know some people on this board would post that with 6 months of perfect payments and no overlimit I would automatically received the increase. The point is that Cap 1 offered me last month, a 1-5 security deposit to cl increase deal. But reading this board gave me the confidence to turn down their offer (of tying up more hard dollars) and knowing that a small but unsecured increase was on the way. It's nice to have good information. Best regards, Sam
If you want to unsecure your card, you have to wait others six months from the last increase (April10 -->Octuber10)
yup if you unsecure your card you'll have to wait another six months from unsecuring your card for an increase too those bastages.
Guys- thanks for the tip. Do I approach them right before the 6 months or at the same time of the 6 month increase. Cap 1 has $500.00 of my dough. I am willing to wait as this is my oldest tradeline. Best regards, Sam
