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Frequent Contributor
credit4me
Posts: 348
Registered: ‎06-27-2007

CLI

When you apply ask your CC company for a CLI `does that hurt your FICO score?


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Super Contributor
MidnightVoice
Posts: 8,158
Registered: ‎03-25-2007

Re: CLI

In most cases you will get one or possibly two inqs hit your score - could drop a few points depending how many inqs you have on at the moment.
 
When you get the card, your util might well go down - good.
 
 
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Frequent Contributor
credit4me
Posts: 348
Registered: ‎06-27-2007

Re: CLI

Thanks! But I meant
When you ask your CC company for a CLI does that hurt your FICO score? I've had the card for about 5 months.


Starting Score: 576
Current Score: 724
Goal Score: 850

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Super Contributor
MidnightVoice
Posts: 8,158
Registered: ‎03-25-2007

Re: CLI



credit4me wrote:
Thanks! But I meant
When you ask your CC company for a CLI does that hurt your FICO score? I've had the card for about 5 months.


Same answer  :smileyvery-happy:.  When you ask them (and 6 months is better) they will probably pull a hard inq and this will go on your CR
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Moderator Emeritus
fused
Posts: 16,243
Registered: ‎03-12-2007

Re: CLI



credit4me wrote:
When you apply ask your CC company for a CLI `does that hurt your FICO score?


Ask your CCC if they are going to pull a hard inquiry if you request a CLI. Some CCC's do and other don't. If they say no hard inquiry, then request the CLI. I have never heard of a CLI without a hard inquiry hurting FICO scores. Which CCC are we talking about?

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