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Discover tried to CLD

Frequent Contributor

Discover tried to CLD

As part of my rebuilding I had opened several new accounts and have left balances on some to take advantage of the 0% financing. Discover called the other day and said that their computer model had spit me out as a candidate for a credit line DECREASE ! Ugh..... I explained to the credit analyst that I was trying to build a strong payment history to purchase a home in 18-24 months. He left and came back several times and said that they would leave the CL at its present  $3000 line due to the face that I have such a strong payment history with them (sometimes paying 3x month) and have 0 negatives on any of my current tradelines. I thought I would see this from Amex but not Discover ??

TU-721 (MortgagePull) EQ- 697(MortgagePull ) EXP 693(MortgagePull) FWEB 24,2015
My Wallet : Dicover More 35,500 CL -Amex Zync NPSL -WellsFargoRewards4800 - -CapOne 3000CL -GEMBWalMart 5000CL - Zales 4000CL-Kays 2900--Macys 5000CL /SSFCU 5000CL / CitiBank Diamond Pref 15000CL - CHASE Freedom 13500CL -Lowes 10,000 CL - BBuyStoreCard 10,000CL Sears Store Card (Citi) 3000 - Firestone CFNB 1400 Toyota Financial $35,000 Auto -2200DiscountTire(GECRB) Citi TY Preferred 8100CL - Chase Slate$4000-BofA15000-ToyotaRewardsVisa$10,700 -BofA$8500 AMEX BCE 9,500
Message 1 of 11
10 REPLIES
Mega Contributor

Re: Discover tried to CLD

Thats unfortunate. I would have requested a supervisor.




EQ FICO 548 3/3/16
Message 2 of 11
Frequent Contributor

Re: Discover tried to CLD

IF they would have gone ahead with the CLD, believe me I would have requested a Supervisor, however the credit analyst was able to keep the tradeline intact @ $3,000

TU-721 (MortgagePull) EQ- 697(MortgagePull ) EXP 693(MortgagePull) FWEB 24,2015
My Wallet : Dicover More 35,500 CL -Amex Zync NPSL -WellsFargoRewards4800 - -CapOne 3000CL -GEMBWalMart 5000CL - Zales 4000CL-Kays 2900--Macys 5000CL /SSFCU 5000CL / CitiBank Diamond Pref 15000CL - CHASE Freedom 13500CL -Lowes 10,000 CL - BBuyStoreCard 10,000CL Sears Store Card (Citi) 3000 - Firestone CFNB 1400 Toyota Financial $35,000 Auto -2200DiscountTire(GECRB) Citi TY Preferred 8100CL - Chase Slate$4000-BofA15000-ToyotaRewardsVisa$10,700 -BofA$8500 AMEX BCE 9,500
Message 3 of 11
Blogger

Re: Discover tried to CLD

I'm sorry, did you misspell Barclay's and called it Discover???

 

 

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)

Message 4 of 11
Frequent Contributor

Re: Discover tried to CLD

they tried doing the same thing to do about a month ago, I kept getting calls from a random number and i decided to pick up this time since they never left a message everytime and they said the computer flagged my account because I was carrying a large balance than usual on 1 of my other cards cuz I have a 0% offer on it and he said ok and left it alone

amazon
Message 5 of 11
Valued Contributor

Re: Discover tried to CLD


tsquad131 wrote:

they tried doing the same thing to do about a month ago, I kept getting calls from a random number and i decided to pick up this time since they never left a message everytime and they said the computer flagged my account because I was carrying a large balance than usual on 1 of my other cards cuz I have a 0% offer on it and he said ok and left it alone


thats alot of accounts you have there! nice limits too!

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club
Message 6 of 11
Valued Contributor

Re: Discover tried to CLD

Thank you for warning us about this!  You would never expect such from Discover but, nowadays, you never know with any lender what they're going to do. Smiley Surprised 

 

I've STILL not received any notification of any rewards on my Discover account and there should be A LOT.  I don't know what's up with that and they don't have any answer for me.  Their customer service representatives are very nice -- no question about that -- but, its still frustrating not to get any answers! 



Husband's Current Score: EX 691 CUSC; EQ 694; TU 687; Mine: EX 773 (AMEX); EQ 720; TU 750
Wallet Contents: SECURED: Capital One Platinum Mastercard, US Bank Harley Davidson Visa, USAA Bank American Express;
UNSECURED: Chase Freedom; USAA Cash Rewards World Mastercard, Discover More, CUSC Platinum Rewards Visa, American Express Zinc, American Express Blue Cash Preferred, Amazon Card, Walmart Discover Card
Message 7 of 11
Frequent Contributor

Re: Discover tried to CLD

they didnt even say anything to me about all my accounts opened the sole reason was because my usual overall credit card balances were usually $500 or less and now its at $1500 so it flagged. I think youll be ok, in the end

amazon
Message 8 of 11
Valued Contributor

Re: Discover tried to CLD

You never know with the CCC's lately. I have a small BT on my Discover ($600 bal, 0% until Feb), and they were calling me last month about why I was't using the card more. It was my b-day month, and they had the extra cash back b-day bonus, blah, blah, blah. I told them I may use it more for that month for the extra cash back, they asked if there was anything else they could help me with, and I asked for a CLI. They asked for a HP, and I declined.


CC's: AMEX (4), Alliant Visa, PenFed AMEX, Pen Fed Promise, Citi (3), Chase (5), US Bank Cash+, Huntington Voice, UMB Visa, Nasa Plat Cash Visa, Barclay's Visa, Discover IT, Cap One QS, BOA (2), BMW Visa, 5/3 Real Life Rewards MC; FNBO Amex; Comenity Visa/MC (4), Ebates Visa Siggy, Nordstrom Visa, Walmart MC, Sam's Club MC; A few assorted store cards.

Current Scores (09/2017): EQ My Fico: 801; TU MyFico: 799; EX (My Fico): 797
Message 9 of 11
Frequent Contributor

Re: Discover tried to CLD

Clever FrugalRican..... actually made me chuckle....

TU-721 (MortgagePull) EQ- 697(MortgagePull ) EXP 693(MortgagePull) FWEB 24,2015
My Wallet : Dicover More 35,500 CL -Amex Zync NPSL -WellsFargoRewards4800 - -CapOne 3000CL -GEMBWalMart 5000CL - Zales 4000CL-Kays 2900--Macys 5000CL /SSFCU 5000CL / CitiBank Diamond Pref 15000CL - CHASE Freedom 13500CL -Lowes 10,000 CL - BBuyStoreCard 10,000CL Sears Store Card (Citi) 3000 - Firestone CFNB 1400 Toyota Financial $35,000 Auto -2200DiscountTire(GECRB) Citi TY Preferred 8100CL - Chase Slate$4000-BofA15000-ToyotaRewardsVisa$10,700 -BofA$8500 AMEX BCE 9,500
Message 10 of 11