03-13-2013 02:01 AM
After $7k then what ? $10k ? $20k? Higher CL just bc you want it isn't a good reason. Lenders want to see a decent income and history, and "history" does not mean one week.
03-13-2013 03:42 AM
03-13-2013 04:06 AM
03-13-2013 07:36 AM
Okay...first of all everybody...I'm not a her, i'm a HIM...lol. Secondly, I don't plan on doing HP's!! lol Thats why I was asking if Chase does increases through SP's. I'm in the garden, and I plan on staying here. Being in the garden, myFico ENCOURAGES SP's. Yea, I want the high CL's, BUT, its not just because of a WANT, but because it helps with UTL. I'm currently at 29% UTL, and I want to try and get below the 9% that every talks about. Yea, thats going to include paying off some debt, (which I plan to do), but I see increases happeneing everywhere, and thats what i'm trying to do. If Chase only does HP's for CLI, then by all means i'm staying where i'm at.
So, I appreciate the "tough love", but i'm not being reckless. My ultimate goal is to build the best credit profile, and have high limits. I'm just a little impatient, so i'm trying to see how I can get a head start on it. The reason why I asked if it would be too soon, is because I see people getting increases, and then request a SP again, and there they go getting bumped from 5k to 7k, then to 10k immediately after. It was just a question I was wondering if Chase did too.
Thanks for the responses though everybody.lol.
03-13-2013 07:45 AM
Its the exact same as people getting the "app itch" on this site. Everybody gets the itch...well, a good chunk at least. My itch lately has just been trying to increase my limits.
03-13-2013 08:11 AM
03-13-2013 08:21 AM
03-13-2013 08:41 AM
I received an auto CLI on my Chase Freedom from $5500 to $8000 just about a month ago. I got the card around April of last year. Don't know how rare they are but they can happen.
I think the concern of underutilization is a little overblown. 1% works pretty well for most people. Even if 5-9% is ideal for a particular person, you're only talking about a few points.
03-13-2013 09:52 AM
They thought you were a girl bro, lol. Sigh, if only we had a way into NFCU, a man could dream right...