response from cooke @ cap1

That's exactly the same response I received when I request a cl increase. I ended up closing the account. What were you requesting?

 

What did you ask them to do?

Are you going to call him?

[edit]
Sorry, I posted before I saw your response

Ask for one or the other and see if he'll bite.

 

I had a 900.00 credit line. I charged it up and paid in full every month. I also had mid to upper 600s and they reviewed my report each month. I guess they didn't like the fact they were not making $$ off me. I explained that if they did give me a higher limit it would be an incentive to carry a balance. Oh well, their loss.

Good Luck to you!

 

when was your last limit increase?

 

My last Cap One increase was $200 for a grand total of $3,200. My last Citi increase was $2,000 for a grand total of $11,600. I've had the Cap One account a year longer than I've had the Citi account.

I still don't use it. I refuse to go through all the rigamarole to get something from them, especially when they don't report the limit. I decided 3 or 4 times to close it and then I always let someone talk me out of it.

 

Allen,
Do you mean you got no where asking for a credit limit increase? How long ago did you post to PFB?? Reason I ask is because I posted there last week. How long have you have your card? My FICO is like 155 points higher than when they issued me my first card!!!

 

What is cap. 1 doing to keep you as a customer?. If it is an old tradeline, I understand the reluctance to close it. Clearly, if you pay it off every month then cap. 1 is not making any money on you and is not in their interest to raise your limit, since you won't spend it (so called profit scoring). Doesn't hurt to keep it, but sooner or later, the point of keeping old tradelines open for the sake of trying to reach 800 is moot. I tell you that once I get MBNA and BofA credit-cards, I will most likely keep them for the long haul, I am merely using Cap. 1 as a means to an end.

 

1. It is an old trade line..Also, I don't pay off my balance in full every month..that is why my EQ FICO is so low..there are no negatives at all, just high cc balances

 

CAPITAL ONE~"Why do you want to close it"

YOU~"Because I can't get a LOGICAL increase in my credit limit...$200 IS A JOKE"

YOU~"The other reason is because you do NOT state the credit limit on my credit report"

What did they give you to talk you out of it???

 

THey have given me NOTHING!!! THat's why I did the PFB, but have not heard anything back yet. They did combine 2 of my cards onto a lower interest rate, but that just meant that they screwed me out of an increase!!! My whole thing is I would LOVE to get a decent card and transfer my balances and be completely RID of them, but what card can I get? I agree completely with you!!! THe only down side is that they are my oldest trade line, but I can still transfer the balances, leave the accounts open, and use once in a blue moon...but where the heack can I transfer the balance to!!??

 

Lori,

You may try Citibank Platinum Select...

0% APR on BT for up to 12 months...

 

I tried Citibank through rooms to go..it denied me..I think, it said something about further processing and I have not received anything back yet, but that was also before EQ updated my report too, I asked them (EQ) to send an updated copy to them last week...maybe they will give me one after all..I hope so
Thanks for the advice

 

Lori,

Try PFB to ask for reconsideration for Citi if declined if your report isn't to horrible. I had about 625 and was approved after reconsideration- high balance etc.., 1 coll 4 yrs old/paid

 

Months ago..I asked for an increase too, but Eugene said no, BUT what he did do is allow me to BT over $4k to my card to get a lower APR on the payment. My credit limit stayed the same but I was able to get away from Providians high interest.

 

I have no negatives at all on EQ..my balances are just high!