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Epic Contributor
Creditaddict
Posts: 22,132
Registered: ‎10-23-2007
0

Dillards Amex CLI DECLINED

I don't know what they want from me, have had this car for year and half and have got one $200 CLI, I have charged over $10,000 on the card with my measly $2400 limit.  Every time I request they say I have not shown I can handle current CL, ARE YOU KIDDING ME GE!
Fico Scores: EQ- 656 Cap1., TU 696 Walmart, EX 700 Chase (12-17-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Valued Contributor
Jazzzy
Posts: 2,679
Registered: ‎07-29-2009
0

Re: Dillards Amex CLI DECLINED


Creditaddict wrote:
I don't know what they want from me, have had this car for year and half and have got one $200 CLI, I have charged over $10,000 on the card with my measly $2400 limit.  Every time I request they say I have not shown I can handle current CL, ARE YOU KIDDING ME GE!

Do they mean the CL on THIS card? I'm assuming you're dealing with Dillards here, and not AmEx, right?

 

Do you have any cards that are maxed out or anything else they may not like? Do you have a lot of inquiries? Have they sent you a letter telling you anything else?

 

It seems there must be something else underlying this.

Epic Contributor
Creditaddict
Posts: 22,132
Registered: ‎10-23-2007
0

Re: Dillards Amex CLI DECLINED

Yes the Dillards card is backed by GE. CLI are based on account history not credit.
Fico Scores: EQ- 656 Cap1., TU 696 Walmart, EX 700 Chase (12-17-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Valued Contributor
Jazzzy
Posts: 2,679
Registered: ‎07-29-2009
0

Re: Dillards Amex CLI DECLINED

Have you ever tried asking them exactly what it is they want to see? What you may be doing "wrong"?

 

Sure doesn't seem as if you're doing anything wrong...

Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
0

Re: Dillards Amex CLI DECLINED

I don't think anyone has ever figured out exactly what GEMB is looking for. They are inscrutable.
Senior Contributor
score_building
Posts: 3,578
Registered: ‎01-10-2008
0

Re: Dillards Amex CLI DECLINED


Creditaddict wrote:
I don't know what they want from me, have had this car for year and half and have got one $200 CLI, I have charged over $10,000 on the card with my measly $2400 limit.  Every time I request they say I have not shown I can handle current CL, ARE YOU KIDDING ME GE!


 

i get the same response from GEMB if i don't wait at least four months between requests.

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Epic Contributor
Creditaddict
Posts: 22,132
Registered: ‎10-23-2007
0

Re: Dillards Amex CLI DECLINED

I wait 6 months!
Fico Scores: EQ- 656 Cap1., TU 696 Walmart, EX 700 Chase (12-17-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Senior Contributor
txjohn
Posts: 4,214
Registered: ‎09-12-2008
0

Re: Dillards Amex CLI DECLINED


score_building wrote:

Creditaddict wrote:
I don't know what they want from me, have had this car for year and half and have got one $200 CLI, I have charged over $10,000 on the card with my measly $2400 limit.  Every time I request they say I have not shown I can handle current CL, ARE YOU KIDDING ME GE!


 

i get the same response from GEMB if i don't wait at least four months between requests.


 

IME, GEMB isn't consistent on all accounts.  I believe, based upon my experience, that the store they are backing has some factor in how they handle CL's and CLI's.

 

For example:  My first GEMB account was Roos to Go and I aked for $7500 CL and they gave me $6500.  But on Care Credit, app'ed a couple months later I asked for $12,500 and was instant approved....next day they gave me a CLI to $14,000.

 

But, on JCPenney they gave me $350 CL and pulled TU where the others had been EQ.  After 4 months they did give me a $1500 CLI, but in comparison to my other two GEMB accounts...very low and Rooms was less than half of what Care Credit was.

 

I do know that when a bank or CCC offers a store card, there are "recourse" and "non-recourse" accounts.  The store can get a better deal on merchant discounts and other costs if they agree to the "recourse" type of account, which means if you default the finance company can come back on the store for recovery.  If this is the case, then the store may elect a "more conservative" type account with the CCC.

 

 

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09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Super Contributor
concorduser
Posts: 6,026
Registered: ‎09-18-2007
0

Re: Dillards Amex CLI DECLINED

Creditaddict, when you got the card did you get the dillards amex or did you get the store card and then later upgraded to dillards amex? I have a store card. Do you think they will upgrade to amex some time in the future?
Epic Contributor
Creditaddict
Posts: 22,132
Registered: ‎10-23-2007
0

Re: Dillards Amex CLI DECLINED

We started with the Dillards American Express, but originally applied online and I think we would have gotten better CL if applied in store.  Not sure what you have to do to qualify for the upgrade to the Amex card.
Fico Scores: EQ- 656 Cap1., TU 696 Walmart, EX 700 Chase (12-17-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:

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