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Frequent Contributor
Jayb5635
Posts: 321
Registered: ‎08-02-2012
0

Cli Question

Hey guys, just wondering whenever I call to request a cli for a card, should I make sure my reports are clean of say inquiries ???


In my wallet: Amex Platinum NPSL, Amex Everyday Preferred $13,500, Amex Starwood $1000, Chase Freedom Visa Signature $5000, Chase Sapphire Preferred Visa Signature $10,000, Chase Ink Plus Visa Signature $5000 Barclaycard Arrival Plus MasterCard World Elite $5000, Cap One Quicksilver MasterCard $2000, Citi Forward Visa $5300, Discover IT $5000
Valued Contributor
dddewdrop
Posts: 1,060
Registered: ‎02-06-2013
0

Re: Cli Question

     Inquires are not a big deal as long as they don't get out of hand. Those that have been on your report over 1 year will not contribute to your fico score, and inquiries over 6 months old weigh less on your score. Your reports will show record of hard inquires for a maximum of 2 years from the date that the inquires were made.  Generally, number of inquiries should not be a determining factor when it comes to requesting a CLI or not. You may have a higher score if you wait for them to fall off but the difference will probably be very small. 

    Requesting a CLI may add a hard inquiry to your credit report. Different companies have different policies regarding this. Some soft pull, some hard pull. 

0/10001100/13001346/16001699/2000Prepaid ,,Recent scores:FICO EX 632,EQ 635,TU 632...Link to my Rebuild Log
Frequent Contributor
Jayb5635
Posts: 321
Registered: ‎08-02-2012
0

Re: Cli Question

Ah ok. I'ma request one for my chase freedom and also my barclays rewards mc.


In my wallet: Amex Platinum NPSL, Amex Everyday Preferred $13,500, Amex Starwood $1000, Chase Freedom Visa Signature $5000, Chase Sapphire Preferred Visa Signature $10,000, Chase Ink Plus Visa Signature $5000 Barclaycard Arrival Plus MasterCard World Elite $5000, Cap One Quicksilver MasterCard $2000, Citi Forward Visa $5300, Discover IT $5000

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