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Valued Contributor
Posts: 1,589
Registered: ‎11-10-2012
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App or Wait on the CSP?

Hello all,

On October 24th, 5 of my 7 inquiries will age past the year mark. I recently got a CLI from $10,500 to $20,000 on my BCE. Will this CLI hurt my chances of getting the CSP or help? I plan to app for the CSP on 11/01/2013, so any advice or opinions will be appreciated. My stats are below. Thanks for any responses.

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Senior Contributor
Posts: 27,616
Registered: ‎02-07-2013
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Re: App or Wait on the CSP?


indiolatino61 wrote:

Hello all,

On October 24th, 5 of my 7 inquiries will age past the year mark. I recently got a CLI from $10,500 to $20,000 on my BCE. Will this CLI hurt my chances of getting the CSP or help? I plan to app for the CSP on 11/01/2013, so any advice or opinions will be appreciated. My stats are below. Thanks for any responses.


If there have been no other apps for a year IMHO you should be good to go with a nice starting limit on the CSP

Good luck and happy hunting Smiley Wink

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Frequent Contributor
Posts: 380
Registered: ‎06-01-2011
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Re: App or Wait on the CSP?

You should be good to go. That CLI on AMEX should help you with inital CL if anything. Its not like AMEX HPs for CLI, so it won't even show on your CR. Good luck and keep us updated!

 
Community Leader
Super Contributor
Posts: 7,705
Registered: ‎09-22-2012
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Re: App or Wait on the CSP?

Goodluck, I agree once that Amex $20k posts, will only help with your CSP starting limit. 

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Valued Contributor
Posts: 5,472
Registered: ‎06-05-2013
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Re: App or Wait on the CSP?

[ Edited ]

indiolatino61 wrote:

I recently got a CLI from $10,500 to $20,000 on my BCE. Will this CLI hurt my chances of getting the CSP or help?


It's really impossible to say.  Your approval isn't solely affected by the CLI on your BCE.  As always, it's your entire credit picture that matters -- not just a single variable on its own.   For one person, such a CLI could hurt.  For another, it could help.  For yet another it could make no difference.  Looking at your signature I'd guess that you'd be in good shape but that's just my opinion.

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