jlp58

Yesterday I received a letter from USBank stating that I was pre-approved for up to a $4500 CLI on my Linux card, with no credit check required. A little history: Account was opened with an $18,000 limit in Feb. 2010, to take advantage of a 0% BT offer. FICO score was in the mid-upper 700s, at that time. Since the BT was paid in full (4 years ago, IIRC), the card has been used very sparingly (small purchase every 3 months or so) FICO score is higher now (low-mid 800s). Went online and was asked for annual income (~$150,000), along with last 4 digits of account #, SSN and Zip Code for identity verification. Instant approval for the entire $4500 (25% increase). I have all 3 CRAs frozen so I know there was no pull. Anyone else heard from them?

Either that or FICO has gone soft Just got a FICO Scorewatch update regarding a score change. Logged in and discovered that my EQ FICO score had increased from 814 to 850. No reason was given. Knowing that I only had one negative on my report, a 30-day late from 2007 that was due to be dropping off any day, I checked my EQ report and sure enough, the late payment was gone. I assume that I changed "buckets" when the late disappeared, allowing the potential for a higher maximum score. NOW ON TO THE 'PROOF" PART: My score maxed out even though I still have a hard inquiry on my report. It is from June 2012 and won't be there much longer but clearly, a "perfect" FICO score is possible even with a hard inquiry on your report. I apologize if this is old news. I have been off the forum for the last couple of years after CB helped me restore my credit (EQ FICO was 615 back in 2008!)

I know the fact that Capital One generally pulls all 3 reports for a credit app is old news. Hope I'm not replowing fresh ground here but I have been inactive on the board for a couple of years. Thanks mostly to CB, I was able to clean up my baddies, pay off revolving debt and get my FICO scores up where I wanted them. Lately, Samuel L. Jackson has convinced me that 1.5% cash back on everything, all of the time is a pretty good deal and I have been lusting after a CapOne Quicksilver card. Haven't opened a new account in over 24 months and presently have no inquiries on my reports. I don't mind adding one but I'm not too keen on 3. Any hope?

Yes, the High Balance figure is reported for a specific period of time (12 or 24 months, for example). Apparently, the last month in which you had a balance exceeding $450 has scrolled out of the reporting window.

In the past, I have done the same thing using secure email on their site. Lowered my APR from 11.90% to 7.90% (lowest they offered) within a couple of days. No pull, no muss, no fuss.

MS and GA look chock-full of them too. I wonder why they are concentrated in the US south? They like the weather?

SIAP. Got a mailer outlining the new card agreement w/Barclay's: Changing from VISA to M/C (no effect, AFAIK. Both widely accepted) 5% on the first $250 gas purchases and 5% on the first $250 grocery purchases. No longer allowed to use combined limit of $500 in whatever way desired (Say, groceries only, if you have another 5% gas card) 5% on the first $750 of book purchases. Down from $1000. Will probably have to wait and see if Amazon still counts. If not, SIGNIFICANT reduction in the utility of the card for me. Main reason I got it Not surprisingly, the above represents a downgerade for the cardholder attempting to max rewards across all accounts to me the rewards remain the same as I've never used it a lot for books or groceries other than when there was bonus cashback like for trader joe's. I do a HEAP of business with Amazon, although I rarely exceed $750 in any given month, since most purchases are relatively small. The Chase Amazon VISA pays 3% so the Sallie Mae card has been earning me an additional 2% on roughly $400/month. Amounts to around $100/yr, if it goes by the wayside. Not a huge deal but 100 bucks is 100 bucks.

SIAP. Got a mailer outlining the new card agreement w/Barclay's: Changing from VISA to M/C (no effect, AFAIK. Both widely accepted) 5% on the first $250 gas purchases and 5% on the first $250 grocery purchases. No longer allowed to use combined limit of $500 in whatever way desired (Say, groceries only, if you have another 5% gas card) 5% on the first $750 of book purchases. Down from $1000. Will probably have to wait and see if Amazon still counts. If not, SIGNIFICANT reduction in the utility of the card for me. Main reason I got it Not surprisingly, the above represents a downgerade for the cardholder attempting to max rewards across all accounts

Not clear on how an account could be reported as both "charged off" and a "closed positive account." If it is a CO, it is a negative by definition.

May be targeted to inactive accounts. I use my More card for a small recurring monthly charge and the occasional 5% cash back offers on Gas or Grocery. I did not receive the offer.

Go talk to a banker at one of your banks about a credit card. If necessary, get a secured card that will later "unsecure." 6 months later, try the same thing at Bank #2. Better yet, try it at a credit union, if you are a member. Have you requested free credit reports from the 3 major CRA's? If you have had any activity in the last 10 years, you may be better off than you think.

This post is one letter and one punctuation mark away from being mildly pornographic.

Alas, when I attempted to fund a BillPay transaction with the card, a Terms & Conditions dialog box popped up to inform me that the transaction would begin accruing interest at the Cash Advance rate immediately upon posting to the account. Um, no, thank you

They pulled EQ on 06/29. No answer in the mail yet and I haven't thought to call. Approved. CL of $37.5K. Forgot that WF has my PO Box as mailing address (I have biz checking with them). The card was sitting in their when I stopped by the Post Office last night. App said "Up to $50K" so I got 75% of the theoretical max limit. BONUS!: The card shows up as a funding source in the WF Online BillPay service, so I will be able to use it to pay certain bills that I have been paying directly from checking, due to the vendors charging an outrageous convenience fee (Alabama Power and Birmingham Water, to name 2 that typically total $5K/yr). In THEORY, at least, I could transfer funds online from the card account to my mortgage (also with WF). I don't think any of those transactions would earn rewards. Would get a little float but that's about it. Anyhoo, it is my highest biz card limit to date and 2nd highest CL overall (have $48,600 on PenFed), so I am happy. Plus, they are mailing me 3 BT checks for 0% w/a max $75 fee, regardless of the transfer size. Might load up on one of those, as well. After registering the account online, I discovered one other intriquing feature -- I can order a card customized with my own uploaded .jpg image (provided, of course, that it isn't a copyrighted image, vulgar or profane, etc). No extra charge. Might have to give that a try!