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Established Contributor
Posts: 505
Registered: ‎11-05-2012
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Does Walmart increase CL for bad Credit but good payment

My score now EQ 588. If I used Walmart store card for after 4 months and PIF every months. Do they raise my CL ? or they don't with bad score?

10/2012 Started with 588 EQ Fico score and 20+ CA and CO
1750$ total CL
10/2013 in 700 Club
Personal :Total CL 196K
Business : Total CL 200K
Business LOC : 1M
Garden From 10/13/2013
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Posts: 15,442
Registered: ‎04-09-2011
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Re: Does Walmart increase CL for bad Credit but good payment


TrishN wrote:

My score now EQ 588. If I used Walmart store card for after 4 months and PIF every months. Do they raise my CL ? or they don't with bad score?


I would think it's possible as long as you don't have any recent negative information and your other account balances are low.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
Posts: 930
Registered: ‎07-30-2011
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Re: Does Walmart increase CL for bad Credit but good payment

When you are starting out with really low scores, they will usually still give CLIs, but they will be small like $75-$100.  They get bigger as you build your history with them and improve your scores.


Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

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Valued Member
Posts: 27
Registered: ‎09-21-2011
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Re: Does Walmart increase CL for bad Credit but good payment

GE will soft your TU report which from your signature is at a decent score of 650 so as long as you make on time payments you should be fine.

EQ MyFico: 679 4/19/2014
EX Fico: 687 4/10/2014
Discover Fico: 694 5/4/2014
Walmart Fico: 662 4/5/2014

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