Credit Card Center Advertiser Disclosure

Reply
Valued Contributor
Posts: 1,246
Registered: ‎04-23-2013
0 Kudos

Discover question

I called credit rep today and she told me to call back tomorrow being that its 3 months. My UTL is 7% on my reports but on my discover right now I have 2400 on 6000 CL. On my US bank card just got increased from 500-5000 but hasn't reported that yet should I go for the CLi now before my increase reports or pay down my discover bal. I've read that discover factors in all available credit

SIlver:

Super Contributor
Posts: 31,000
Registered: ‎02-07-2013
0 Kudos

Re: Discover question


Stonemanmv wrote:
I called credit rep today and she told me to call back tomorrow being that its 3 months. My UTL is 7% on my reports but on my discover right now I have 2400 on 6000 CL. On my US bank card just got increased from 500-5000 but hasn't reported that yet should I go for the CLi now before my increase reports or pay down my discover bal. I've read that discover factors in all available credit

Pay down debt and wait for your CLI to update IMHO

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Moderator Emerita
Posts: 27,204
Registered: ‎09-13-2012
0 Kudos

Re: Discover question

With Discover its a YMMV. Paying down debt and letting your new CLI is always positive. If you don't want to wait for your CLI to report you could always try again after it update. From my conversation with the CSR there isn't a timeline you have to wait before you can try again.
Valued Contributor
Posts: 1,246
Registered: ‎04-23-2013
0 Kudos

Re: Discover question

That's what I thought. I think I remember reading people getting declined for to much over all credit

SIlver:

Established Member
Posts: 40
Registered: ‎11-08-2012
0 Kudos

Re: Discover question

Is discover cli request soft? And usually through who?

Valued Contributor
Posts: 1,246
Registered: ‎04-23-2013
0 Kudos

Re: Discover question

Thanks myjourney , thanks lexie. I've been charging 2500-4500 every month and pif so may it won't matter

SIlver:

Moderator Emerita
Posts: 27,204
Registered: ‎09-13-2012
0 Kudos

Re: Discover question

They will try to give you a CLI with a sp first. If you are not eligible, they'll ask your permission to review your cr -HP. You have the option of withdrawing the request or allowing the HP.
Valued Contributor
Posts: 1,246
Registered: ‎04-23-2013
0 Kudos

Re: Discover question

I'm pretty sure it's SP if not its a no go.

SIlver:

Valued Contributor
Posts: 1,246
Registered: ‎04-23-2013
0 Kudos

Re: Discover question

If I get a CLI on this card I will have a SP CLI on every card with in the last month. Thanks to everybody the info is awesome I can't thank enoughSmiley Happy

SIlver:

Super Contributor
Posts: 6,677
Registered: ‎04-07-2008
0 Kudos

Re: Discover question

I got a CLI with a SP so it's a case by case basis. Most of the times they check their system first to see if there are any offers or eligibility




Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.