MP80

I think the TransUnion 783 score is not FICO 8/9, perhaps Navy Federal used TransUnion FICO Auto Score 5 an industry-specific FICO score, meaning it's designed for auto lenders. It's one of several FICO Auto Score versions, each produced by different credit bureaus. TransUnion provides the Auto Score 5, while Experian provides Auto Score 2 and Equifax provides Auto Score 4. FICO Auto Scores use the same data as base FICO scores, but with different weighting, so your base FICO score differs from your FICO Auto Score.

Navy Federal rarely denies a member's credit limit increase unless prior records show that the member had a serious negative record when joining Navy Federal, or their current debt-to-income ratio is extremely high, coupled with a lack of open account products related to Navy Federal, resulting in a low internal score. FWIW - Navy Federal does not use ChexSystems but monitors your Early Warning Service System (EWS). If your financial institution is a member of EWS, please note that they have your entire financial history.

Based on empirical data provided by "Quicksilver One" cardholders, I found that being put into the "bucket" means that the account will remain there indefinitely. Their strategy to circumvent dodging the "bucket" dilemma is to apply for a higher-tier credit card through the pre-approval site, thereby obtaining a higher credit limit. Many people have been lucky enough to convince the computer algorithms to issue them a Capital One VX card. It is not difficult to understand why they would rather approve low-score holders with weak credit histories and reject those with good credit histories and high scores. Profitability is one of the main factors.

I consider the cards issued by Capital One with a starting limit of $5,000 to be prime, while the $10,000 cards are considered super prime, such as the Venture and VX cards. Capital One subprime cards are cards with starting limits of $100, $300, and $500, or cards with a credit limit increase of $50 to $100, which may be considered subprime by Capital One and have specific buckets associated with the account.

The data comes from people who had Bank of the West (BOTW) credit cards and transferred them to Bank of Montreal (BMO), only to have their cards closed without warning and then see their cards declined. These are not just a few accounts that have been closed; in fact, slew of people have had their BOTW credit cards terminated, and the decision is not negotiable or reconsidered; account closure is final. I applied to both BMO and BOTW and was approved in late November 2022. I knew BOTW was acquired by BMO at the time, I applied anyway considering it was just a soft inquiry on the credit report. FWIW, I received snail mail from both credit card accounts, nothing is being said regarding account closure, only to be informed about the arbitration provision and the revised balance transfer fee that coming to changes and take effect on 7/1/2025. Some are speculating and pointing the finger at tariff retaliation, but that's just mumble jumble incoherent vague stuff and doesn't have relevant practical significance. There are at least four of us who have FICOs over 800 with BOTW or BMO credit cards that are still open as of now, I've both cards. We anticipate a month or two to ascertain the potential closure if given that's the finality of the situation.

This Capital One Venture Card has a pretty good cash advance of 50% of the total limit. I carried this card for my entire vacation trip, to 15-20 cities and regional places, including all spending locations, and also took out flights, hotels, and rental cars. In about two weeks, I used this card continuously and made over 70 transactions with no interruptions during the spending, totaling $9,000 in credit card balances, although there were occasional purchases of small transactions here and there, but Capital One did not call, email, etc. The main thing is that they don't care how you spend it, as long as they can get the money. I trust the Venture Card because of its spending flexibility and every charging transaction was completed smoothly without any hassles. The downside is that this card has a $59 annual fee and lacks improvements in cash back and additional benefits. Bottom line is the Venture Card guarantees payment to any merchant and caters to all your spending from a cup of Starbucks to buying expensive jewelry, from a few dollars to a few thousand dollars, no questions asked, or the threat of cut-off spending if payment is not received immediately. It's safe to say with an iconic slogan: " don't leave home without it."

Today I received my opt-out confirmation email and my credit line remains unchanged. Capital One was very fast and everything was done within 24 hours of the dreaded notice.

Capital One sent another email notifying that the credit card account may be subject to a review and that the credit limit may be reduced if spending is not adequately increased substantially. The same solution that has been mentioned before, was to call the designated phone number and opt out of the review. This was my fourth time in 6 years. Nothing new here just Capital One scaring folks to spend more. "You can opt out of this review if you anticipate the spending activity on this account to change. Simply call 1-844-422-7183 by June 11, 2025, and follow the prompts."

We agree to dissent to advance the field of credit and provide additional perspectives to those interested in it. Of course, these banks will not prevail if the default rate is higher than the interest income. That is the whole situation, they need more unscrupulous ways to make money to stay ahead of the default rate than the income revenue. Any revolving credit account is a product made to generate interest for the creditors, it doesn't matter how it cuts and slices; there is an ensnarement that pertains to its relevancy. The way to beat this artifice deception prompt to put you in a hole is to stay out of debt and settle the mindset of paying in full to eliminate any possible debt.

Synchrony, Comenity, and Barclays, I’ve never applied for their cards given the reputations they’ve established. Default APRs were raised to 29.99% not too long ago, targeting consumers who violated the terms and agreements of their credit cards. Furthermore, this punitive APR was designed and equipped for subprime customers with bad credit or delinquent records (such as previous charge-offs and bankruptcies) who were high risk, and the borrower had to endure the highest APR possible. Unfortunately, the largest banks now do this to their 1% risk customers by pretending it is normal and jacked up their APR. For example, the Chase Freedom card has an APR of 28.99%, and just a few days ago someone was approved for a $10K credit line on a Capital One VX at 29.99%. This insane high APR is insidious for staging future entrapment for all who carry balances, purchase, or balance transfer. It doesn't matter; it's an odious trap to anyone who potentially stepped in.

Established a $50K CD which would demonstrate enough of a relationship to pass the threshold and get you approved. OTOH... You got that monstrous line of credit from USB, tantamount to 25 times your Bank of America. I wouldn't sweat it, even though it's closed.

I'm assuming someone has your information. Where else would Lending USA instigate to pull a soft inquiry to your credit report? To be safe, lock your report. Previously, 4 CB members including me applied for the Upgraded credit cards (actually a LOC) we were all rejected due to good credit, and each had a total credit limit of over 500K. The issuer was Cross River Bank in New Jersey. They seem to focus on mediocre or sub-prime customers. They know we would hoard to accumulate credit instead of use it.

Did you applied and initiate the inquiries or is someone impersonating you?