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Wells Fargo CLI with high utilization

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Education44
Contributor

Re: Wells Fargo CLI with high utilization

I will probably request an increase on my Quicksilver in June and see if I'm lucky with that card as well.



Starting Score: 532
Current Score: EQ08 702, TU08 710, EX08 701Goal Score: 760

NASA, $30,000/ Wells Fargo $20,000 / Venture $7,500 / JCP $6,000 / Ch Freedom $5,000 / Ch Sapphire $5,000 / Discover $5,000 / Walmart $4,500 / VS $2,150 / AMEX BCE $2,000/ Chase SW $2,000 / Merrick $1,900 / Credit One $1,450 Take the myFICO Fitness Challenge
Message 11 of 18
gdale6
Moderator Emeritus

Re: Wells Fargo CLI with high utilization


@Education44 wrote:

I just requested a CLI from Wells Fargo -- I went from $8,000 to $20,000. The underwriter didn't even flinch at my request to be upped to $20,000. My scores are in the high 600's and no baddies. My overall utilization is at 48% and the utilization on my Wells Fargo account is at 95%! The utilization on my Quicksilver is pretty high too. My initial credit line was $8,000 and I never requested or received an auto increase before today.


Wow, congrats one heck of a CLI for having high util Smiley Happy

Message 12 of 18
Education44
Contributor

Re: Wells Fargo CLI with high utilization

I've managed to get all my other accounts down to a 0 balance. I'm feverishly working on Wells Fargo and Capital One.



Starting Score: 532
Current Score: EQ08 702, TU08 710, EX08 701Goal Score: 760

NASA, $30,000/ Wells Fargo $20,000 / Venture $7,500 / JCP $6,000 / Ch Freedom $5,000 / Ch Sapphire $5,000 / Discover $5,000 / Walmart $4,500 / VS $2,150 / AMEX BCE $2,000/ Chase SW $2,000 / Merrick $1,900 / Credit One $1,450 Take the myFICO Fitness Challenge
Message 13 of 18
Anonymous
Not applicable

Re: Wells Fargo CLI with high utilization

Congratulations!

Message 14 of 18
chanteezy1006
Contributor

Re: Wells Fargo CLI with high utilization

SOO MY SCORES HAVE RECENTLY JUMPED AND I WAS INTERSTED IN AN INCREASE ON MY WELLS FARGO. IN DECEMBER I HAD IT INCREASED FROM 400 TO 1000. DO YOU THINK IT TO SOON TO ASK AGAIN? CARD STILL HAS HIGH UTILZATION AS IT DID DURING MY FIRST INCREASE WHICH THEY DIDNT MENNTION ANYTHING ABOUT.

MY FICO SCORES EQ:641 TR:691 EX:680as of 04/10/2015
Message 15 of 18
lhcole77
Valued Contributor

Re: Wells Fargo CLI with high utilization


@Education44 wrote:

I've had my card for 20 months. It was a HP, but worth it.


Totes worth it! Congrats!

Message 16 of 18
Anonymous
Not applicable

Re: Wells Fargo CLI with high utilization

Thats insane! congrats!

Message 17 of 18
Anonymous
Not applicable

Re: Wells Fargo CLI with high utilization

Congrats and that nice jump. Keep up the good work

Message 18 of 18
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