merkls

1 Contributions 41 People Helped

Member Since: October 2012

Most Helpful Contribution

Capital One® Quicksilver® Cash Rewards Credit Card

Jun 02, 2017
Surprisingly high CL!
Helpful to 41 out of 43 people

My story:  pre-crisis, I had near-perfect credit for many, many years.  When the crisis hit, and my marriage and many of my housing bets failed, my scores dropped to the low 500s, where they stayed until very recently.  When the last of my pre-crisis collections rolled off in early 2017, I was in the low-600s TU and mid-600s EQ, with zero credit to my name, and not a single new credit account opened or applied for since the crisis.  I paid for everything in cash or using my debit card.  

During the crisis I was self-employed; I am now fairly well employed at a big bank, and have since gotten remarried.  In April, my wife added me as an authorized user to her credit card with a long history and a $40,000 limit.  In May, my TU score jumped to the mid-700s (EQ is unchanged for the time being it seems).  In May, I applied for the Capial One Quicksilver card via the Captial One website and was neither approved nor declined, but a week later I received my new card in the mail with a...wait for it...THIRTY THOUSAND DOLLAR credit limit!  That.  Is.  Amazing.  I was hoping for $3,000, expecting a bit less, but $30,000 really suprised me, and I can't thank Capital One (and my wife, and Credit Karma) enough.  I will be a long and loyal cardholder, and will not forget the assist on the way to rebuilding my credit to near-perfect status once again.

Activity (1 Total Contributions)

Capital One® Quicksilver® Cash Rewards Credit Card

Jun 02, 2017
Surprisingly high CL!
Helpful to 41 out of 43 people

My story:  pre-crisis, I had near-perfect credit for many, many years.  When the crisis hit, and my marriage and many of my housing bets failed, my scores dropped to the low 500s, where they stayed until very recently.  When the last of my pre-crisis collections rolled off in early 2017, I was in the low-600s TU and mid-600s EQ, with zero credit to my name, and not a single new credit account opened or applied for since the crisis.  I paid for everything in cash or using my debit card.  

During the crisis I was self-employed; I am now fairly well employed at a big bank, and have since gotten remarried.  In April, my wife added me as an authorized user to her credit card with a long history and a $40,000 limit.  In May, my TU score jumped to the mid-700s (EQ is unchanged for the time being it seems).  In May, I applied for the Capial One Quicksilver card via the Captial One website and was neither approved nor declined, but a week later I received my new card in the mail with a...wait for it...THIRTY THOUSAND DOLLAR credit limit!  That.  Is.  Amazing.  I was hoping for $3,000, expecting a bit less, but $30,000 really suprised me, and I can't thank Capital One (and my wife, and Credit Karma) enough.  I will be a long and loyal cardholder, and will not forget the assist on the way to rebuilding my credit to near-perfect status once again.