Hi all! I know this has probably been addressed many times on the site, but I've had a difficult time this morning finding a thread on it. With Capital One not reporting limits to the CA's, has anyone had luck with disputing to have it corrected? What about PFB? Any help would be appreciated!! Just a quick note on scores....I monitor daily my EXP and took a 33 point hit (689 to 656) when I balance transfered from department store cards to Cap1. Both cards now appear as though they are maxed. Seems like EXP weights utilization quite heavily. I went from 80% to 75% open after transfers, with no other changes. Pretty dramatic score decrease for just $1200 in transfers. Thanks again for any responses!! gilmores
Some people have sent a COPY of their credit card bill to the CRA'S and ask for the CREDIT LIMIT TO BE REPORTED... You can do a BT at 99% OF THE CREDIT LIMIT AND PAY IT OFF THE NEXT MONTH...(or keep it if they give you a good BT rate)
you probably wont have luck disputing it in anyway to get the cl on the report. it seems though after many studies that for that reason, capital one does not affect utilization percent. it only affects the total amount of debt owed. no effect on utilization for that card only or all unsecured debt or secured debt. ive come to not care about their senseless ways of reporting. itll be cancelled after a few months anyway when i get some age on new cc's.
I use a BT check to my checking account to bump it near the CL then payoff all but $50 or so and next time they report it shows the new HC line
Doesn't matter if it is a BT or a CA as long as you DON'T pay a big fee... There is no difference with a CASH ADVANCE @ 4.00% no fee and a BT @ 4.00% no fee... VARRIES FROM BANK TO BANK... IF THE CA IS 19.99% WITH A 4% FEE...AND A BT IS 4.00% NO FEE...DO THE BT!!!
