cflingo

Thanks for the explanation tg. BTW - I pulled my Fico because I am also looking to buy a new auto. How did your car loan experience go??

That was a fat thumb I think. I wondered why that icon was there too. I tried to find a way to change it but I don't think your site allows it. You can change it if you wish to green. I'm a Web developer so I know it's an easy DB table switch. Probably a bit switch. I haven't had any bad experience with this card.

I was approved for this card about a month and a half ago with a 618, no outstanding or delinquent collection stuff. I took care of that before applying. Initial credit line was $500. I quickly accumalated a $223 balance. I paid the balance off on my first payment. Point is: I received a letter from Cap1 the other day that they are increasing my credit line to $750 as a preferred cardholder. All I have to do is make the first 3 monthly payments on time. I was shocked. I was expecting to wait 8 months before I could request a line upgrade. It's also true that getiing a credit card and making an on-time payment boosts your score. My score went up 39 points within the span of a month. My current score is 657 and waiting for it to go up after Cap1 reports again.

I'm not complaining. I'm just shoscked because one of my settled accounts was a Capital One card I let go delinquent ans ended up dealing with a collection agency. Much more mature now. That won't happen again!

no doubt! i know my score will take a hit but I'm hoping on-time payments with the new card will boost me 50 points eventually. Sad isn't it! We are all just as good as our points. It's why I've held off even getting a CC but I need it to restore my credit. Ughhhhhhh!

I have a Karma score of 631. And a yearly of 49,000 with many settled accounts with negative and positive notations on them. I said F it and just filled the app out. I got approved for $500 CL. I'm shocked. My only saving grace is that I have two paid off cars and and a student loan that has been in good standing for about 5 years on my CR. The rate sucks but in this market and with my history I'm happy to have an unsecured card. GLTA!