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Regular Contributor
cowboyguy
Posts: 197
Registered: ‎07-26-2012
0

Can I get Amex 3x CLI?

When I applied for this Delta card, my EQ score was 694 with 2% utilization.

My 60 day mark is coming up but my utilization has gone up to 40%. However, now I have only one card reporting a balance while previously there were two cards reporting a very small balance each.

Is there a chance I could still get approved for 3X CLI?
Walmart Discover $10,000... Chase SW $8,500... Freedom $7,000... CSP $6,000... Amex Delta $3,000... Amex BCP $2,000... Local CU $1,500...
Regular Contributor
cowboyguy
Posts: 197
Registered: ‎07-26-2012
0

Re: Can I get Amex 3x CLI?

P.S: I'll be short of cash for sometime & can't bring utilization down.
Walmart Discover $10,000... Chase SW $8,500... Freedom $7,000... CSP $6,000... Amex Delta $3,000... Amex BCP $2,000... Local CU $1,500...
Regular Contributor
Tryon2improve
Posts: 201
Registered: ‎12-04-2011
0

Re: Can I get Amex 3x CLI?

Is the high utlization on your Amex card?

 

They usually use the last SP they have on file when conducting CLI, do you know what your file looked like when they SP you last?



Regular Contributor
cowboyguy
Posts: 197
Registered: ‎07-26-2012
0

Re: Can I get Amex 3x CLI?

No, Amex is paid off in full.

How do I know when did they SP me & how can I check my file at that point of time? I have SW
Walmart Discover $10,000... Chase SW $8,500... Freedom $7,000... CSP $6,000... Amex Delta $3,000... Amex BCP $2,000... Local CU $1,500...
Regular Contributor
Tryon2improve
Posts: 201
Registered: ‎12-04-2011
0

Re: Can I get Amex 3x CLI?

You can get the SP's by looking at  your reports with the CB directly.  The easiest way is to get your annualcreditreport.com reports.  These are pulled directly from the CB and will show HP and SP.  Experian is the one you want to look for with Amex.



Regular Contributor
cowboyguy
Posts: 197
Registered: ‎07-26-2012
0

Re: Can I get Amex 3x CLI?

Do they take a look at current Amex utilization?
Walmart Discover $10,000... Chase SW $8,500... Freedom $7,000... CSP $6,000... Amex Delta $3,000... Amex BCP $2,000... Local CU $1,500...
Regular Contributor
Tryon2improve
Posts: 201
Registered: ‎12-04-2011
0

Re: Can I get Amex 3x CLI?

Yes!!  The only difference when I got my CLI was 90 days more age and $0 balance.  On my previous denial for CLI I had a balance of roughly 30% dropped to zero and wham CLI.



Senior Contributor
bichonmom
Posts: 3,318
Registered: ‎05-05-2011
0

Re: Can I get Amex 3x CLI?

I'm in a similar situation and have decided to wait on the CLI. While it would be nice and help overall util a bit, I don't want to push my luck with them. It could be fine, but the high util could be a red flag in combination with your wanting to raise your CL with them. IMO, better to err on the conservative side and not CLI until your util has gone down.

 

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Moderator Emeritus
webhopper
Posts: 7,225
Registered: ‎09-16-2011
0

Re: Can I get Amex 3x CLI?

I agree with bichonmom.... great advice as usual.

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
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