DCU Platinum

[Anonymous]

Approved for (only) 1k along with the pull for my 20k auto loan. I'll take it for now! How is DCU with CLI? I hope they're good.

[s_haliz]

Congrats!!!! 

[alvon123]

congrats

[-Wade-]

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@Anonymous wrote:
Approved for (only) 1k along with the pull for my 20k auto loan. I'll take it for now! How is DCU with CLI? I hope they're good.

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Congrats on your approval

[coldnmn]

Congrats! Thanks for sharing.

[Anonymous]

Congrats on your dual success!

[CreditMagic7]

Congrats! Thanks for sharing

[Grover627]

I just posted this in its own thread, but it certainly applies here as well, so I will repost. Congrats!

A bit of background about me:

* To escape a bad marriage and my ex-wife's reckless spending, I declared ch. 7 bk, which discharged on 4/2012. At the time of my bk7, my FICO scores were in the 530 range.

* Since bk7, I have no lates, and have built my current FICO scores up to the upper 600's.

* My other cards are Cap. One QS $4500, Cap. One QS One $1500, Barclay Rewards $4800, Logix CU $5000, Merrick $900, Lowes $5000, Cap One Jordans $10000, Cap. One Kohls $400, Loft Store card $550, Solutions store card $550

* My utilization is a bit high right now, at around 40%. This is mainly from moving expenses, and will be paid down in the fall.

* I have about 15 total INQ, 12 of which are in the past 12 months.

* I was approved for a mortgage 2 years to the day of my bk7, and closed on a great house on May 29h.

So in June, 2013, I opened a checking account with DCU with the intention of refinancing my auto loan with them. While I was getting approved for a 3.99% auto loan rate, the DCU banker asked if I wanted a DCU credit card. At the time, they could only approve me for a limit oof $500. I accepted it as it was a low-interest rate card (non-rewards), and I figured it would grow.

I returned to DCU in January, 2014, to see about lowering my auto rate again (which they did lower to 1.99%. Since they had to pull my credit again for that, I asked if they could give me a CLI. They gave me a new limit of $1000... beter than nothing, but not what I was hoping to see since I did all my banking with them. The lady I spoke with said that DCU liked to see a solid year of responsible use before considering a bigger increase.

So I called DCU last Thursday, about 14 months after I opened my account, to inquire about their policy in regard to CLIs. I was told that all their CLIs were customer-initiated. I asked for an increase, and when they said how much, I asked for $10000, figuring they would counter much lower. I almost fell over when they came back with an APPROVAL for the entire amount!!

So good, responsible card use, and a good deal of patience has resulted in my DCU credit card limit being raised 20X it's original limit in just 14 months! How awesome is that!!

I know DCU can be tough occasionally in their membership process. However, once in, they treat you like GOLD! 

[Grover627]

A bit of background about me:

* To escape a bad marriage and my ex-wife's reckless spending, I declared ch. 7 bk, which discharged on 4/2012. At the time of my bk7, my FICO scores were in the 530 range.

* Since bk7, I have no lates, and have built my current FICO scores up to the upper 600's.

* My other cards are Cap. One QS $4500, Cap. One QS One $1500, Barclay Rewards $4800, Logix CU $5000, Merrick $900, Lowes $5000, Cap One Jordans $10000, Cap. One Kohls $400, Loft Store card $550, Solutions store card $550

* My utilization is a bit high right now, at around 40%. This is mainly from moving expenses, and will be paid down in the fall.

* I have about 15 total INQ, 12 of which are in the past 12 months.

* I was approved for a mortgage 2 years to the day of my bk7, and closed on a great house on May 29h.

So in June, 2013, I opened a checking account with DCU with the intention of refinancing my auto loan with them. While I was getting approved for a 3.99% auto loan rate, the DCU banker asked if I wanted a DCU credit card. At the time, they could only approve me for a limit oof $500. I accepted it as it was a low-interest rate card (non-rewards), and I figured it would grow.

I returned to DCU in January, 2014, to see about lowering my auto rate again (which they did lower to 1.99%. Since they had to pull my credit again for that, I asked if they could give me a CLI. They gave me a new limit of $1000... beter than nothing, but not what I was hoping to see since I did all my banking with them. The lady I spoke with said that DCU liked to see a solid year of responsible use before considering a bigger increase.

So I called DCU last Thursday, about 14 months after I opened my account, to inquire about their policy in regard to CLIs. I was told that all their CLIs were customer-initiated. I asked for an increase, and when they said how much, I asked for $10000, figuring they would counter much lower. I almost fell over when they came back with an APPROVAL for the entire amount!!

So good, responsible card use, and a good deal of patience has resulted in my DCU credit card limit being raised 20X it's original limit in just 14 months! How awesome is that!!

I know DCU can be tough occasionally in their membership process. However, once in, they treat you like GOLD! 

[wacdenney]

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@Grover627 wrote:

I just posted this in its own thread, but it certainly applies here as well, so I will repost. Congrats!

A bit of background about me:

* To escape a bad marriage and my ex-wife's reckless spending, I declared ch. 7 bk, which discharged on 4/2012. At the time of my bk7, my FICO scores were in the 530 range.

* Since bk7, I have no lates, and have built my current FICO scores up to the upper 600's.

* My other cards are Cap. One QS $4500, Cap. One QS One $1500, Barclay Rewards $4800, Logix CU $5000, Merrick $900, Lowes $5000, Cap One Jordans $10000, Cap. One Kohls $400, Loft Store card $550, Solutions store card $550

* My utilization is a bit high right now, at around 40%. This is mainly from moving expenses, and will be paid down in the fall.

* I have about 15 total INQ, 12 of which are in the past 12 months.

* I was approved for a mortgage 2 years to the day of my bk7, and closed on a great house on May 29h.

So in June, 2013, I opened a checking account with DCU with the intention of refinancing my auto loan with them. While I was getting approved for a 3.99% auto loan rate, the DCU banker asked if I wanted a DCU credit card. At the time, they could only approve me for a limit oof $500. I accepted it as it was a low-interest rate card (non-rewards), and I figured it would grow.

I returned to DCU in January, 2014, to see about lowering my auto rate again (which they did lower to 1.99%. Since they had to pull my credit again for that, I asked if they could give me a CLI. They gave me a new limit of $1000... beter than nothing, but not what I was hoping to see since I did all my banking with them. The lady I spoke with said that DCU liked to see a solid year of responsible use before considering a bigger increase.

So I called DCU last Thursday, about 14 months after I opened my account, to inquire about their policy in regard to CLIs. I was told that all their CLIs were customer-initiated. I asked for an increase, and when they said how much, I asked for $10000, figuring they would counter much lower. I almost fell over when they came back with an APPROVAL for the entire amount!!

So good, responsible card use, and a good deal of patience has resulted in my DCU credit card limit being raised 20X it's original limit in just 14 months! How awesome is that!!

I know DCU can be tough occasionally in their membership process. However, once in, they treat you like GOLD! 

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How much usage did you run through the card during those 14 months?  I just got approved for the Platinum Visa with a 4k starting limit basically because I wanted the monthly EQ FICO score.  With no rewards, I have no idea what I'm going to end up using it for, but if it takes heavier usage to see those 5 figure CLs, I will find something!

[wacdenney]

A bit of background about me:

* To escape a bad marriage and my ex-wife's reckless spending, I declared ch. 7 bk, which discharged on 4/2012. At the time of my bk7, my FICO scores were in the 530 range.

* Since bk7, I have no lates, and have built my current FICO scores up to the upper 600's.

* My other cards are Cap. One QS $4500, Cap. One QS One $1500, Barclay Rewards $4800, Logix CU $5000, Merrick $900, Lowes $5000, Cap One Jordans $10000, Cap. One Kohls $400, Loft Store card $550, Solutions store card $550

* My utilization is a bit high right now, at around 40%. This is mainly from moving expenses, and will be paid down in the fall.

* I have about 15 total INQ, 12 of which are in the past 12 months.

* I was approved for a mortgage 2 years to the day of my bk7, and closed on a great house on May 29h.

So in June, 2013, I opened a checking account with DCU with the intention of refinancing my auto loan with them. While I was getting approved for a 3.99% auto loan rate, the DCU banker asked if I wanted a DCU credit card. At the time, they could only approve me for a limit oof $500. I accepted it as it was a low-interest rate card (non-rewards), and I figured it would grow.

I returned to DCU in January, 2014, to see about lowering my auto rate again (which they did lower to 1.99%. Since they had to pull my credit again for that, I asked if they could give me a CLI. They gave me a new limit of $1000... beter than nothing, but not what I was hoping to see since I did all my banking with them. The lady I spoke with said that DCU liked to see a solid year of responsible use before considering a bigger increase.

So I called DCU last Thursday, about 14 months after I opened my account, to inquire about their policy in regard to CLIs. I was told that all their CLIs were customer-initiated. I asked for an increase, and when they said how much, I asked for $10000, figuring they would counter much lower. I almost fell over when they came back with an APPROVAL for the entire amount!!

So good, responsible card use, and a good deal of patience has resulted in my DCU credit card limit being raised 20X it's original limit in just 14 months! How awesome is that!!

I know DCU can be tough occasionally in their membership process. However, once in, they treat you like GOLD! 

[tommywerdine]

Congrats!!!