Asking for CLI
I just got approved for a discover student card with a limit of 500 does anyone think I should ask for a CLI I have not even receive the card yet. I need the increase in order to purchase books for school.
Categories: credit-cards Tags: 500-does, card, cli, discover-student, even-receive, increase, need-the-increase, purchase-books, receive-the-card, should-ask, the-card
Citi Luv
So my Citi Luv buttom popped up today 2nd time and I opened the account september last year limit 2800, balance 1500. So I clicked the button and the form popped up. Should I fill out the information and requent the increase or not? My last iast increase was easy I just cicked it and the preapproved amount poped up , that was in Feb. If I do it and I am declined, do you think they will CLD? considering my utilization that card and my overall utilization of about 50%
Categories: credit-cards Tags: account, amount-poped, buttom-popped, button, Citi, form, increase, preapproved, the-increase, the-information, utilization
CLI Advice needed
I have quite a few questions about obtaining a credit limit increase on my credit cards. I am working on improving my credit scores as I'm going to be looking for a new place to live and finiancing furniture in about 2 months, so I want to get my scores as high as possible before then. At the current moment the only way to do that is to decrease my debt:available credit ratio. I recently tried to have the credit limits increased on two of my credit cards (AmEx Blue Sky, $2k limit -> $10k), and Chase/Best Buy, $800 limit -> $5k). Even though my credit history is good, I was only given a $400 increase on my Best Buy card and denied outright on the AmEx. I use the AmEx CreditSecure to monitor all three reports, and I have all acounts in good standing (never once missed any payments, no negative information). The only problems I see are that 1)My Equifax Credit Report doesn't have a job listed (I've been with the same company now for just under 3 years) and 2) My EQ and TU reports dont have my student loan account, which is my oldest account, efectively bringing my average account down to 4 years on those reports. (As an aside, I am 26, but started building credit late because my parents were overly cautious about me getting a card early). My other cards are a USBank Platinum Visa ($4250 limit) and a Credit Union Card ($8k limit). My PLUS Scores as given by CreditSecure are EX:736, EQ:724(699FICO), and TU734. My questions are: 1: What is the likelyhood that my CLI from Chase was denied due to my not having a job listed on EQ (the one they pulled) and if I send in a dispute to have my job added, how long should I wait before asking for another increase? (I also asked the CSR when I called whether the inquiry would be hard or soft, to which she replied soft, but it ended up being hard, which I am going to dispute) 2: My AmEx request was denied on the grounds that my debt ratio was too high (46% debt:54%credit), and because of my "Payment history with AmEx". I had a balance from a balance transfer that I never missed a payment on and paid more than the minimum payment, but never fully paid off the card and peridically used it, increasing the balance. When I got my CU card in January, I transfered the balance, and since have been using the card as my main finance and have been paying in full each month. I also noticed on my credit reports that my payment history with AmEx on my EX report only shows the most recent month, but has no data for previous months, and past reports also only show the most current month, while the other reports have a complete history. Could this be affecting my request and should I see about getting it fixed before requesting another increase, and how long should I wait to ask? I'm fairly certain they used my EX report since it is the one that sponsors their CreditSecure program. I saw another forum on here that had "backdoor numbers" for talking to account specialists, so I was considering that option to explain my situation and try to obtain a CLI. 3: I've received several increases on my USBank card (500-> 1250-> 2000-> 4250) without ever asking for an increase, usually about 8-9 months apart, but during that period, I had always carried a balance. I transfered this balance to my CU card at the same time as the AmEx balance, and since have only used the card a few times for random small purchases. I read somewhere the best thing to do with USBank is call and ask if I'm eligible for a CLI without a hard pull. What I want to know is, should I wait to see if they automatically increase my limit (last increase was about 8 months ago), or call and ask? If they gave me increases because I carried a balance, I don't think they'll do it automatically if I'm not. 4: Should I try to add my student loan account to my EQ and TU reports, and if I succeed, how will it effect my score over time? I think that if I get the account added, it will increase my score quite a bit (older account with a high original principle and perfect payment), but If they aren't already reporting to those bureaus I fear that they will not update the accounts, so the balance will always stay the same and effect my score negatively. If anybody made it this far through my thesis, I appreciate the time to read and will appreciate any and all help offered. Thank you, ~T
Categories: credit-cards Tags: amex, balance, card, cards, credit, creditsecure, debt, equifax-credit, increase, overly-cautious, payment, score, student, time
PENFED LOVE BUTTON
Logged on to my penfed account today and for the first time, I saw the pre-approvals blinking at me on the top left corner of the page. When I clicked on it, it said I am approved (not preapproved) for a 5k amex card, 50k auto loan bla bla bla. I decided instead to go for a cli on my visa, and it now says application in review. The limit on this visa is 15k and i have never charged close to 1k on it, but I was requesting a cli to 20k. I really do not not need this increase, but if penfed throws somethoing at you, you better catch it because it may never happen again. I hope this will not result to a hard pull. Please explain your experience with the penfed's love button. BTW eq fico is 708 prior to fooling around with this cli.
Categories: credit-cards Tags: charged-close, decided-instead, Experience, first-time, increase, left-corner, not-preapproved, penfed, penfed-account, penfed-throws, visa
BofA Secured Credit Limit Increase = Hard pull?
I called because I had initially wanted to deposit 500 instead of 300 to be used as my credit limit. So I call again now that I've been approved, and a few reps have told me to either go into the store or that they could do it over the phone (depending on which rep you asked). The last rep I spoke to said that it had to be approved, which I already knew, but something prompted me to ask if it was a soft pull inquiry and she was adamant that it was a hard pull, saying they had to review my credit history to determine whether or not the increase could be approved. Anyone have any experience in this?
Categories: credit-cards Tags: already-knew, been-approved, called-because, credit, credit-history, increase, over-the-phone, phone, whether-or-not
How Can Citi Not Know If It’s a Hard or Soft Hit?
I got the "Request An Increase Button" I click it and was given the 950-5114 number to call. I asked them before they submitted the request would it be a "soft" or a "Hard" and was told there's no way to know until after the request was made, they just needed income info. You'd think they would know. My Equifax score is 805 with no inquires and I'm not sure if it's worth the risk. Any advice would be well appreciated
Categories: credit-cards Tags: 950-5114-number, given-the-950, increase, increase-button, needed-income, request, Risk, worth-the-risk
Macys Credit limit decrease
I have had a Macys card since Dec 09 (600.00 ) limit. I have never missed a payment , never maxed out the card, and I always paid over the minimum payment on the card. I was checking my credit report online today and it showed that Macys have cut my credit limit from 600.00 to 250.00, no warning, no letter no nothing , they just reduced my limit. I callde them and they advised that they have the right to cut my limt at anytime without warning and that in order to give me another increase they would have to do a hard pull on my report. I have not missed any payments on any of my other cards or car note etc...no late payments either. I know my score dropped a little bc I just got a new car that im financing and opened up a couple of other credit accounts but again I have no missed payments. Has this happened to anyone else with a macys account?? If so did they raise it back up without doing a hard pull? The real reason its bothering me is because they reduced my limit it now seems like im almost maxed out on my card and I know that doesnt look good. Any feed back would be greatly appreciated. Thanks
Categories: credit-cards Tags: card, cards-or-car, credit, credit-report, happened, increase, limit, limit-it-now, macys-account, minimum-payment
Functionality Unavailable
All HSBC Accounts, Even if you press the "Request Credit Line Increase button, you will get this message We are currently not accepting Credit Line Increases online.We apologize for any inconvenience.
Categories: credit-cards Tags: Accounts, credit, credit-line, hsbc, increase, increases, message, not-accepting, request-credit
As Hawaii Foreclosures Increase by 286 Percent, Prudential Locations Launches Free Foreclosures Search and Listings
As Hawaii Foreclosures Increase by 286 Percent, Prudential Locations Launches Free Foreclosures Search and Listings
The only free site offering both Maui and Oahu foreclosure listings can be found at PrudentialLocations.com
Read more on PRWeb via Yahoo! News
Categories: mortgage Tags: foreclosures, Free, hawaii, increase, launches, Listings, Locations, percent, Prudential, search
January housing starts increase 5.8%
January housing starts increase 5.8%
The seasonally adjusted annual rate of housing starts reached 186,300 units in January, up 5.8 per cent from 176,100 in December.
Read more on CBC.ca