No. of Recommendations: 4
Harry has a Cap1 card with a $10,000 limit and a zero balance. Harry's other cards all carry zero balances. Harry buys $20 worth of gas with his Cap1 one night because he had no cash with him. Harry pays off the $20 balance online two days later, before his statement is even mailed. But the day before he pays, Cap1 reports his account to the CRAs as maxed out to his measly $20 limit. Harry's credit is damaged because 1) his debt ratio is at 100%, and 2) his credit limit is low.


I just pulled out copies of my three credit reports. As you said, Cap One does not report the credit limit. Trans Union also didn't list my Filene's credit limit, and Equifax missed almost all my credit limits.

But, I am not being reported as maxed out. And neither are you.

There is a place on the listing for each card's credit limit. Some have the amount entered, some don't. Experian puts N/A in the space.

So you are not being reported as having a maximum credit limit of $151. Cap One doesn't list the information, and any credit company that deals with these reports a lot of the time will be aware of that. The reports do list a high amount for the year, and that's about it.

I have a $10,000 line of credit from Cap One. Not having that information available sure didn't stop AT&T from offering me another $10,000.

now have some nice decaf and do your deep breathing exercises.
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