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Blogger
Posts: 2,876
Registered: ‎02-02-2012
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Discover CLI Available (Help!)

So upon logging into my Discover account, after 6 months of slugging away at my Discover balance, a CLI is now available to me online.

 

As my signature states (And I'll re-state)... my CL is at $6,000. I will be at about 2,600 of that by the end of this month.

To those of you who have CLI experience with Discover, do they let you know if it is a soft or hard pull before you submit?

It's asking me for the amount I want and some employment information and I haven't gone past that because I really don't want it to be a hard pull. I've read in the past that some CLI's resulted in a soft pull if you asked conservatively. I really want to get an increase on THIS account since it's the only one with a carrying balance on it.

 

So any advice, suggestions, or experience with this? (Specially those with soft pull online CLI's?)

 

Thanks in advance.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Regular Contributor
Posts: 351
Registered: ‎02-01-2010
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Re: Discover CLI Available (Help!)

I tried to get one online but it didn't go through. I then called in and asked for a CLI. The rep asked me how much I wanted and I said 2K. I told her I didn't want a hard pull and she said, if the system gets me the CLI I requested, it would be a soft pull. If the system denied me and I still wanted the CLI, they would have to d o a hard pull. Their system did in fact approve my request and no hp has shown up on my credit reports.

 

Meg.

FICO: 04/2014 - TU 765 | EQ ??? | EX 768

Barclays / Sallie Mae World MC 13,000 | FNBO 11,600 | Lowes 10,000 | LOC 9,300 | Amex BCP 7,200 | BOA Platinum+ 6,000 | Amex SPG 5,700 | Achieva CU 5,500 | Citi Simplicity 5,200 | Chase CSP 5,000 | Discover 4,000 | Sam's Club 3,000 | Sears 900
Valued Contributor
Posts: 1,738
Registered: ‎08-13-2012
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Re: Discover CLI Available (Help!)

+1

 


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Frequent Contributor
Posts: 348
Registered: ‎08-17-2012
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Re: Discover CLI Available (Help!)

Discover's luv button is a soft pull. If the system is unable to approve you for the full amount of your request, it will give you a counteroffer (so don't feel like you have to be too conservative in your initial request). You would then have the choice to accept the counteroffer (which would be a sp), or continue to request the full amount (twhich would result in an hp).

 

As long as they approve your initial request, or you accept their counteroffer, it will be a sp.

EQ 778 | TU 776
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Blogger
Posts: 2,876
Registered: ‎02-02-2012
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Re: Discover CLI Available (Help!)

Well:

 

Attempt #1 - Tried for $2,000, figuring it might be a little much. Said they'd need a pull. No-go. Cancel

 

Attempt #2 - Tried for $1,500. Should have gone for 1,000. No-go. Cancel.

 

Tried again. Got a message saying they were making a decision and I'd be told in 2 days.

I hope they're not going to hard pull for either one. I'm 100% sure I hit Cancel, so I have no idea what it's thinking about. So, off went a Secure Message, wondering what's going on with this... we'll see.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Established Contributor
Posts: 772
Registered: ‎01-03-2012
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Re: Discover CLI Available (Help!)


FrugalRican wrote:

Well:

 

Attempt #1 - Tried for $2,000, figuring it might be a little much. Said they'd need a pull. No-go. Cancel

 

Attempt #2 - Tried for $1,500. Should have gone for 1,000. No-go. Cancel.

 

Tried again. Got a message saying they were making a decision and I'd be told in 2 days.

I hope they're not going to hard pull for either one. I'm 100% sure I hit Cancel, so I have no idea what it's thinking about. So, off went a Secure Message, wondering what's going on with this... we'll see.


Yes, keep us updated.  Hopefully there was no HP... :smileyfrustrated:


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Frequent Contributor
Posts: 348
Registered: ‎08-17-2012
0

Re: Discover CLI Available (Help!)

Sorry to hear it. Seems kind of odd that they would tell you that a cli is available and then shoot you down.

 

Hopefully everything works out

EQ 778 | TU 776
Barclay US Airways WMC 7.5k | BCE 5.8k | BofA Travel Rewards 9.1k | Chase Marriott Premier 13k | Citi TYP WMC 6.5k | Freedom Visa Sig 8k| Discover it 10k
Established Contributor
Posts: 923
Registered: ‎06-12-2012
0

Re: Discover CLI Available (Help!)

Imagine if it turns out to be 2 HP's for each request.

 

LOL

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Blogger
Posts: 2,876
Registered: ‎02-02-2012
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Re: Discover CLI Available (Help!)

I just wish I knew exactly what they were making a decision on.

Lesson learned. I should have just called in. We'll see what happens. One HP isn't going to kill me anyway.

Just would have rather done it without it.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Valued Contributor
Posts: 1,951
Registered: ‎08-13-2007
0

Re: Discover CLI Available (Help!)

I do not think you will see an HP on this. The system kicked it back and now it is "locked" from further clicks. I had the same thing happen to me, and it was like that for I swear a month. Every time I hit the button - same message as you stated in the post above. Finally, mine went away and I was able to try again.

 

Never saw an HP though...

Ray

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