topic Re: Newb with question about Walmart CLI in Credit Cards

Newb with question about Walmart CLI

sunnysideup — Thu, 08 Nov 2012 23:23:58 GMT

When I applied for the Walmart CLI, I was honest about being a student and using household income (spouse). I have only had the card about a month, and I have a $600 limit. I am planning on using the card heavily for Christmas, and I am wondering if I have any chance of getting a CLI with the backdoor number. What will they ask me? Will they ask me about not having a job/being a student? Will they ask me for household income? Do I have to worry about them closing my account once a real person sees that I am a student with no job? Also, will it hurt me to have a couple of other accounts with GE and deferred student loans? My score has taken a bit of a dive since I applied (due to other new accounts), and I am at 620 TU FICO (from Walmart). I have already been denied on the automated line because of it being a newer account, but I have read here and elsewhere that people are still having luck getting CLI's.

Re: Newb with question about Walmart CLI

wallyworld123 — Thu, 08 Nov 2012 23:51:52 GMT

sunnysideup wrote:
When I applied for the Walmart CLI, I was honest about being a student and using household income (spouse). I have only had the card about a month, and I have a $600 limit. I am planning on using the card heavily for Christmas, and I am wondering if I have any chance of getting a CLI with the backdoor number. What will they ask me? Will they ask me about not having a job/being a student? Will they ask me for household income? Do I have to worry about them closing my account once a real person sees that I am a student with no job? Also, will it hurt me to have a couple of other accounts with GE and deferred student loans? My score has taken a bit of a dive since I applied (due to other new accounts), and I am at 620 TU FICO (from Walmart). I have already been denied on the automated line because of it being a newer account, but I have read here and elsewhere that people are still having luck getting CLI's.

hello and welcome! walmart backdoor number will ask you for your income it is possible to get a increase. You will not have to worry about them closing your account especially if you are using the card and paying on time. I would suggest let your current cards grow. You wanting to app more just being a student is not a good idea.

Re: Newb with question about Walmart CLI

sunnysideup — Thu, 08 Nov 2012 23:54:16 GMT

Thanks. So, you think it's a bad idea to ask for Walmart CLI? I was planning on using it for Christmas, and PIF by spring. All the other cards I was going to let season a little while longer. I graduate in May.

Re: Newb with question about Walmart CLI

creditnocash — Fri, 09 Nov 2012 00:00:55 GMT

sunnysideup wrote:
Thanks. So, you think it's a bad idea to ask for Walmart CLI? I was planning on using it for Christmas, and PIF by spring. All the other cards I was going to let season a little while longer. I graduate in May.

if its only a month old id personally wait. until decemeber and say you want to buy some electronics for the kids and take advantage of the 0percent deals.

i apped in late july and asked for a cli in early october (3 months) and was denied by the system. due to being to new.

i called and asked to talk to a rep/uw and they forwarded my request.

i asked for 3k total to buy some tvs for the holiday season which i plan on doing just not too 3k maybe 2k max.

i have no baddies only short aaoa due to so many new cards this summer. they soft pulled me and approved me next day.

income stated was 27k (which is my personal income before my promotion and raise)

my dti is 11% and util was 4% at time of asking.

i was denied the same for american eagle that was actually less since i asked for 400 to 1k vs 800 to 3k.

walmart score that month was 724

hope this helps.

Re: Newb with question about Walmart CLI

wallyworld123 — Fri, 09 Nov 2012 00:02:03 GMT

sunnysideup wrote:
Thanks. So, you think it's a bad idea to ask for Walmart CLI? I was planning on using it for Christmas, and PIF by spring. All the other cards I was going to let season a little while longer. I graduate in May.

You can call the backdoor number and ask for the cli. I was saying bad idea to app for more ge cards. walmart is really a gr8 card and it definitely will grow with you.

Re: Newb with question about Walmart CLI

sunnysideup — Fri, 09 Nov 2012 00:15:25 GMT

Oh yeah....I wasn't going to app for any more cards at all. Just trying to let things settle for now. But, $600 will not be enough for the stuff I am buying for Christmas - I need to buy some electronics and was going to take advantage of a coupon I found at my store which says "No interest if paid in full within 12 months on any purchase of $299 or more mad in-store on your Walmart credit card" So, I was hoping to put my Christmas purchases on the card and then PIF in a few months, and then I won't have to pay interest. ;)

I'm just wondering what my chances are - my scores are not as good at others, my util is probably not that great right now, and the card is new, but so many people have reported CLI's because of the holidays, that I was hoping this might work out. It's not sounding too good - is it? I guess I can call and see. The number I have is 8773794936. Who do I ask for?

Re: Newb with question about Walmart CLI

youngandcreditwrthy — Fri, 09 Nov 2012 00:20:23 GMT

that's the number I used to get a $5,000 cli on my Wmt Discover earlier this week and a $6,000 cli on my Paypal MC today! haha when they answer, just say very nicely that you'd like to inquire about a credit line increase on your "xx" account. They handle all GECRB accounts, except JCP.

I'd ask for $2,500. See if they counter. They actually have never countered any of my CLIs, EVER. They always approve them within five minutes, even when I had a 640 FICO.

Also, last year and the year before they did a promo where ANY purchase was with 0% for six months during the month of December.... that was an awesome deal!! I stocked up on a bunch of stuff with that deal... cleaning supplies, hygiene products, etc. HAHA :-)

good luck! Don't feel dumb for calling either! Just be confident!! Believe it or not, a thicker credit line will typically help your score.

Re: Newb with question about Walmart CLI

youngandcreditwrthy — Fri, 09 Nov 2012 00:21:48 GMT

oh btw, I have $36k in deferred student loans. They never ask me about anything, except when I had a couple of baddies, they asked about those, but they were fraud which I promptly explained. They are the nicest foreigners Ive ever spoke with on that number... very nice and respectful.

Re: Newb with question about Walmart CLI

wallyworld123 — Fri, 09 Nov 2012 00:24:37 GMT

Yes call and keep us posted! you should be fine!

Re: Newb with question about Walmart CLI

sunnysideup — Fri, 09 Nov 2012 00:36:13 GMT

The man was so kind and nice. I asked. The man said it would take a few minutes to check on it, and put me on hold. And the answer? *drum roll* Denied....will get a letter in the mail. I guess that is to be expected. I will definitely try back in December and see if I have better luck.

Re: Newb with question about Walmart CLI

webhopper — Fri, 09 Nov 2012 00:40:12 GMT

You might try applying for.amazon store card... it has the same 0% interest that the wal mart card has. Other than that; charging things on the card and paying it off in spring isn't a great idea especially since your available credit line is small.

Re: Newb with question about Walmart CLI

sunnysideup — Fri, 09 Nov 2012 00:43:51 GMT

Actually, I have an Amazon store card. Limit is about the same. Would it be worth it to try and get a CLI on it? It's not very much older than the Walmart card though. I was really hoping to be able to get what I needed at one place, and I was hoping to have enough credit by Thanksgiving so I can catch the sales.

Re: Newb with question about Walmart CLI

wallyworld123 — Fri, 09 Nov 2012 00:45:44 GMT

sunnysideup wrote:
The man was so kind and nice. I asked. The man said it would take a few minutes to check on it, and put me on hold. And the answer? *drum roll* Denied....will get a letter in the mail. I guess that is to be expected. I will definitely try back in December and see if I have better luck.

thanks for the post sorry about the denial but, the card will grow with you! Best of luck!

Re: Newb with question about Walmart CLI

jordanmedical — Fri, 09 Nov 2012 03:17:03 GMT

I got denied too recently, but will try again right before black friday. They have a tv for 60" tv for 688 and they sent me 2 0% offers, one for 18 months and one for 12 months. Of course I'd pay it off in 25% of that time but it'll be nice to get it for 0%

Re: Newb with question about Walmart CLI

sunnysideup — Fri, 09 Nov 2012 03:30:33 GMT

jordanmedical - that is one of the things I had my eye on! I will try again a few days before Black Friday, but I may not depending on what they say in the letter....might be something I need to fix on my credit report that I don't know about. Good luck to you! Please post back here if you have luck....then I will know to try again too. :)

Re: Newb with question about Walmart CLI

kobe2012 — Fri, 09 Nov 2012 03:40:28 GMT

I opened my walmart in may CL $500 and got auto increased in Aug from $500-$900.. i called last month for another increase.. asked for $3k.. they only approved $2k... i'll take it... i asked a few times already to get it to $5k but no luck.. i think Imma ask one more time early december or maybe on black friday.... they are very good on increasing limits, but I think it also depends on your credit and who you speak with...

I also read on another board that you can request increases every 30 days with GE.... I'm not sure if it's true.... but I got an auto increase on my gap card on my 3rd statement (opened in july with limit of $200 to $1k)... then i called two weeks after and requested for 3k and got it....