topic Re: AMEX CLI...thoughts in Credit Cards

AMEX CLI...thoughts

ChiTownTimmay — Sun, 04 Nov 2007 16:37:03 GMT

Here's the breakdown of my account. Opened 10/05 with a 2k CL, called a month or two later and had it bumped to 4k. May of this year they increased to 8k for me, without my request. Then in July they up'd it again to 12k, again not per my request. I want to CLI to get at least to 20k, just to make it look good. I'm wondering if I should do it or wait, since it's been less than 6 months since my last CLI (even though it's been well over a year since i've initiated the CLI.) What does everyone think?

TIA.

Re: AMEX CLI...thoughts

rezultsbydebi — Sun, 04 Nov 2007 16:48:49 GMT

what is your credit score????

Re: AMEX CLI...thoughts

haulingthescoreup — Sun, 04 Nov 2007 17:45:25 GMT

Your FICO EX score, if nothing else, but it needs to FICO...

Re: AMEX CLI...thoughts

ChiTownTimmay — Sun, 04 Nov 2007 18:14:16 GMT

The last time I bought my Fico's were mid Sept but as of then they were:

TU: 668

EQ: 710

EX: 680

Re: AMEX CLI...thoughts

fused — Mon, 05 Nov 2007 03:32:41 GMT

ChiTownTimmay wrote:

The last time I bought my Fico's were mid Sept but as of then they were:

TU: 668

EQ: 710

EX: 680

What is your current util% on this Amex card as well as all of your other revolving accounts? Also, how good is your payment history on all CCs. These factors count just as much as scores.

Re: AMEX CLI...thoughts

ChiTownTimmay — Mon, 05 Nov 2007 12:32:34 GMT

All of my CC's are between 1-15% util right now, i only have about a $200 bal on my AMEX currently. I try to PIF as much as possible but I'm always sending in a lot more than the min. I haven't made a late payment on any credit line in over 6 years. Thanks.

Re: AMEX CLI...thoughts

Creditaddict — Mon, 05 Nov 2007 16:56:01 GMT

go online and request it through website... it shoots back instant... i bet you get it!

let us know

Re: AMEX CLI...thoughts

fused — Mon, 05 Nov 2007 16:56:34 GMT

ChiTownTimmay wrote:

All of my CC's are between 1-15% util right now, i only have about a $200 bal on my AMEX currently. I try to PIF as much as possible but I'm always sending in a lot more than the min. I haven't made a late payment on any credit line in over 6 years. Thanks.

I say go for the gusto!

Re: AMEX CLI...thoughts

ChiTownTimmay — Mon, 05 Nov 2007 20:28:50 GMT

What should I ask them to increase it to? I'm at 12K right now, with a HHI this year at 140k.

Thanks.

Re: AMEX CLI...thoughts

Creditaddict — Mon, 05 Nov 2007 20:40:22 GMT

$20 or even 25k like you want

Re: AMEX CLI...thoughts

fused — Mon, 05 Nov 2007 20:50:33 GMT

ChiTownTimmay wrote:

What should I ask them to increase it to? I'm at 12K right now, with a HHI this year at 140k.

Thanks.

Does a FR worry you? If not, 25K is good.

Re: AMEX CLI...thoughts

ChiTownTimmay — Mon, 05 Nov 2007 21:50:56 GMT

I'm a little concerned about the F/R. Not because I don't think I'll pass it, I haven't given any false information, I just don't like the idea of going to use my AMEX and then all of a sudden it's denied and I look like a fool.

Re: AMEX CLI...thoughts

Creditaddict — Mon, 05 Nov 2007 21:53:38 GMT

from what other people have been reporting, it doesn't look like they do the FR until you clear 25k limit

Re: AMEX CLI...thoughts

fused — Mon, 05 Nov 2007 22:05:01 GMT

Creditaddict wrote:

from what other people have been reporting, it doesn't look like they do the FR until you clear 25k limit

Yes, this is widely considered to be one of the triggers for a FR.

Re: AMEX CLI...thoughts

ChiTownTimmay — Mon, 05 Nov 2007 22:34:00 GMT

Then I'll just shoot for 20k and see what happens.

Thanks all!

Re: AMEX CLI...thoughts

ChiTownTimmay — Wed, 07 Nov 2007 13:58:12 GMT

Well, I did it. I didn't want to get greedy though, because as much as I know I'll pass an FR that still doesn't mean I want to fall victim to one. :) I went for 17,000, 5k more than my limit now and got it. So, of course, I'm thinking to myself that I should have gone for 20k just to see if I would get it or not, but that's ok. I'm happy now! Thanks to all for the input!

Re: AMEX CLI...thoughts

TheCynicalOne — Wed, 07 Nov 2007 17:58:43 GMT

Should have went for 20,000.

But no looking back now.

Just wait for 6 months and go for 22,000!

Re: AMEX CLI...thoughts

dangphuocloc72 — Wed, 07 Nov 2007 18:38:20 GMT

:smileyhappy: I open Amex on 9/07 cl 1000 I keep hit lov button 5 time in 2 month for cl uup , they keep say no . final today I hit love again my cl now 2500 . " last month max out my CL 1000 and then sent the check to them on 11/02/07 befor they close 11/05/07 also I add my wife ( she very bad credit . score 400 ) they approve for her " I am very happy now , I should wait for next month ask My CL up again , thanks you guys .

Re: AMEX CLI...thoughts

haulingthescoreup — Wed, 07 Nov 2007 18:46:43 GMT

dangphuocloc72 wrote:
:smileyhappy: I open Amex on 9/07 cl 1000 I keep hit lov button 5 time in 2 month for cl uup , they keep say no . final today I hit love again my cl now 2500 . " last month max out my CL 1000 and then sent the check to them on 11/02/07 befor they close 11/05/07 also I add my wife ( she very bad credit . score 400 ) they approve for her " I am very happy now , I should wait for next month ask My CL up again , thanks you guys .

Congratulations! I hadn't seen your name around recently--glad to hear that everything's going well.