Who the hell is this "Scott F." person and can someone tell this idiot to buy a clue? There's two PFB letters there imploring Capital One to report credit limits and this "buffoon" who seems to always want the last word is insistent that "by not reporting limits, Capital One is helping you and not hurting you since it's a 'hidden' credit limit and FICO can't calculate BTL ratios based on a non existant limit" (rrrrrrright, sure they don't). He also insists that if they did report a limit, one's score would DROP and not RISE (hmmm, I guess I imagined that 35 points I gained from that "buy and return") Does he work for Cap 1 or something? Too bad PFB's TOS doesn't allow "torching" in responses, because this moron deserves it. (shakes head)
SCENARIO---I have credit limits of $20,000 on 3 cards...but CAPITAL ONE ($15,000) won't report so I have $5,000 credit limit showing...BUT I OWE $6,000 ON THE 3 CARDS...SO IT "LOOKS" LIKE I'M OVER LIMIT!!! AND ADD INSULT TO INJURY...IT "LOOKS" LIKE I'M AT 100% DEBT TO CREDIT LIMIT RATIO...WHEN IN REALITY I'M AT 30%
GEORGE... why dont you charge a first class ticket to Austrailia, and then "cancel" the ticket? if you pay full fare, there is no penalty for cancelling the ticket... your CrapitalOne Card will show the high balance as the high limit...
The ABOVE is just made up... I made my (CAPITAL ONE) HIGH BALANCE almost the CREDIT LIMIT by a BT 99%+ Then paid it off REAL FAST
