I have a capital one card with a limit of $500 dollars. That works out wonderful, except I need to buy some plane tickets that will push me over my limit. I called capital one and my card is not able to have a credit increase at this time.... not because of my credit, just because of the type of card it is.....
so... I am looking for a different credit card. I would like to go with an American Express, but I don't know how to make sure the credit limit won't be $500 again... I can't see where the amount is shown anywhere....
any help?
2007-06-28 12:04:23 · 9 answers · asked by Anonymous in Business & Finance ➔ Credit
Bank of America - Rewards™ American Express Card, it brings together the goodness of both the Bank of America and American Express. Let us look at some of its features.
Basic features highlights
1. 0% Introductory APR (Annual Percentage Rate) on balance transfers and cash advance checks for first 12 billing cycles.
2. Low fixed interest rates after the introductory rate has expired.
3. No annual fee.
4. Option to pay over time.
5. Emergency services such as replacement of prescription, physicians, hospitals, and referrals as well as legal referral services.
6. Extended warranty protection on purchases from scheduled outlets
7. Insurances for accident, damage and rental loss, while traveling
8. Protection against damage or theft of the card
Apply online at: http://www.credit-card-gallery.com/American_Express.html
2007-07-01 23:08:05 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I agree with everything Dixie posted except for the collecting SOL. If you try to use the 6 year SOL as an affirmative defense, you will probably lose. The Ohio collecting SOL is 4 years from your first default that led to the charge off. § 2305.09 Ohio Statutes § 1335.02 & § 1109.18 place credit cards in the 4 year SOL. Also, the Truth In Lending Act (TILA) places credit cards in the Open SOL, which in Ohio is the 4 year SOL. They may try to claim that it is a 15 year SOL, under written accounts. Though, if you or your lawyer includes the correct Open statutes they will probably fold if you are past the 4 year mark, if you fight back. If it is a true summons then, in Ohio, the written and signed contract must be included in their filing, along with complete account of the alledged debt from a beginning zero balance to present. Chances are that if it is an older debt, they won't have that information. They may try to place a generic contract in the filing, if so, it MUST be from the same year as the original contract date. If they have no contract and/or no papers showing the complete account, then it should be challenged. Agreeing with Dixie: Your mom should contact the court clerk and ask if anything had been filed in your name. If there is not a suit filed then you should send a validation request ASAP. If there is a suit filed and you are out of the country, then you should either hire a lawyer to represent you or you should request a later trial date. If you are past SOL, you really should consider fighting it. Whether it is within SOL or not, your mom pays or not, you or your lawyer should show up in court. Even if your mom pays, they will still try to go ahead and get the judgment. By doing that, you will be responsible for the court and their lawyer fees and if they had given your mother a discount in paying, you will be responsible for the remaining portion.
2016-04-01 09:35:11 · answer #2 · answered by ? 4 · 0⤊ 0⤋
There is no way to find out what your credit limit will be until after you apply. Fill out the AMEX application on the internet, and see what happens. Typically if you get approved for an AMEX card, your credit limit will be way more than $500.
2007-06-28 12:25:09 · answer #3 · answered by Anonymous · 0⤊ 1⤋
They can't just list a general limit for a card on their website, since different people get different limits. There's no one number.
2007-06-28 12:19:12 · answer #4 · answered by Judy 7 · 0⤊ 1⤋
always remember the credit card companies are out to make money. They only give the limit that balances out their risk. It doesnt really pay to even fight. Even when they companies are legitimately wrong, like when they tacked on extra fees thy still win. http://classaction-lawsuit.info/credit_card_fees.html has some interesting statistics about that. My advicejust juggle rewards cards and be patient
2007-06-28 19:50:09 · answer #5 · answered by ES 3 · 0⤊ 1⤋
I believe the credit limit varies and it depends on your credit score and income.
2007-06-29 10:06:02 · answer #6 · answered by Helper 2 · 0⤊ 0⤋
Initial credit limits are based on income and credit history, so you can't know until you're approved.
2007-06-28 14:39:18 · answer #7 · answered by greymatter 6 · 0⤊ 1⤋
Because they want you to go over your limit, so they can make money off the fees. Sad but true.
2007-06-28 12:11:16 · answer #8 · answered by JJ 5 · 0⤊ 1⤋
becoz they dont know how much you earn..
http://tune.in/cc
2007-06-28 17:21:51 · answer #9 · answered by harry B 3 · 0⤊ 1⤋