Reply
Established Contributor
Posts: 994
Registered: ‎07-16-2010
0

Bill Me Later - Update Annual Income

I just got bill me later and was looking through the site and noticed there is an option to update your income. Has anyone done this?

Has it affected you ability to increase your limit etc?

Never was asked income on application so it's kinda like I don't wanna mess anything up but maybe if I put in my income my ability to spend past the $1001 limit would be improved? Paid it all in full so far but want to buy items the $1k limit won't cover and they currently won't extend me.
$1200 $1250 $4250 NPSL $5300 $1350 $3000

$6050 $5000 $10500 $2416 $6500 $3000
Regular Contributor
Posts: 217
Registered: ‎09-25-2012
0

Re: Bill Me Later - Update Annual Income

Yea I noticed that too about two weeks ago. I been with the same limit for 6 months now so I decided to enter my income for a chance of an auto CLI. So far it's a no go. I'm too scared to try purchasing somethison more than my limit to see if I get approved  because I don't want to end up buying it lol . 

TU 746 (10/13)
GOAL: 750+






Frequent Contributor
Posts: 437
Registered: ‎03-19-2010
0

Re: Bill Me Later - Update Annual Income

Don't think it matters. I went thru my limit in less than a month and try to get a increase and they wouldn't approve me. I'm not surprised since it's only been a couple weeks since i opened the account.

Established Contributor
Posts: 579
Registered: ‎02-12-2011
0

Re: Bill Me Later - Update Annual Income

The obvious way is to use most or more than the limit they give you in a short period of time so you can show a reason for needing the CLI. The income thing is very broad because you can basically put anything in there initially. I don't see CLI's happening for a few months but I've also never used BML. Who backs them?



Starting Score: EQ: 383 2/2011
Current Score: TU: 644 EQ: 648 EX: 6?? 2/2015
Goal Score: 700


Take the FICO Fitness Challenge
Established Contributor
Posts: 994
Registered: ‎07-16-2010
0

Re: Bill Me Later - Update Annual Income


sphinx313 wrote:

The obvious way is to use most or more than the limit they give you in a short period of time so you can show a reason for needing the CLI. The income thing is very broad because you can basically put anything in there initially. I don't see CLI's happening for a few months but I've also never used BML. Who backs them?


WebBank does.

 

 

If you try to buy something over your limit im sure you can jsut cancel the order right away after you are approved and then id imagine your limit would still remain raised...?

$1200 $1250 $4250 NPSL $5300 $1350 $3000

$6050 $5000 $10500 $2416 $6500 $3000
Regular Contributor
Posts: 217
Registered: ‎09-25-2012
0

Re: Bill Me Later - Update Annual Income

I don't think so because it ask for your payment like regular online carts, but you won't know you are approve unless you place the order.
TU 746 (10/13)
GOAL: 750+






Established Contributor
Posts: 994
Registered: ‎07-16-2010
0

Re: Bill Me Later - Update Annual Income


Tran92 wrote:
I don't think so because it ask for your payment like regular online carts, but you won't know you are approve unless you place the order.

Right...and im sure you could cancel the order long before it ships or is even beginning to be processed.

$1200 $1250 $4250 NPSL $5300 $1350 $3000

$6050 $5000 $10500 $2416 $6500 $3000
Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
0

Re: Bill Me Later - Update Annual Income

Bill Me Later doesn't even report their tradeline. They give weird CLs and their charge dispute is terrible. I think my CL was like 660 or something. It took me 3 months to dispute a charge with Bill Me Later. Even though the charge was on my BML account, they said the transaction happened through paypal and that I had to talk to them. When I got Paypal on the line, they said to contact ebay b/c the charge was through paypal on ebay for bill me later (I know right)...by the time the issue was resolved, I closed all my accounts associated with ebay--including paypal and bml. I feel more protected as a consumer using my credit card than going through that crap again.

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Regular Contributor
Posts: 217
Registered: ‎09-25-2012
0

Re: Bill Me Later - Update Annual Income


shane82388 wrote:

Tran92 wrote:
I don't think so because it ask for your payment like regular online carts, but you won't know you are approve unless you place the order.

Right...and im sure you could cancel the order long before it ships or is even beginning to be processed.


Oh okay. Thanks for clarifying lol. Yeah, I suppose that would work, but since this doesn't even report I'm not even going to bother lol.

TU 746 (10/13)
GOAL: 750+






Established Contributor
Posts: 994
Registered: ‎07-16-2010
0

Re: Bill Me Later - Update Annual Income

Did anyone ever discover if updating your income on Bill Me Later will help with getting a CLI?

$1200 $1250 $4250 NPSL $5300 $1350 $3000

$6050 $5000 $10500 $2416 $6500 $3000
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.