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Frequent Contributor
TrishN
Posts: 404
Registered: ‎11-05-2012

Does Walmart increase CL for bad Credit but good payment

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‎11-10-2012 01:24 PM

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?

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Mega Contributor
LS2982
Posts: 14,509
Registered: ‎04-09-2011

Re: Does Walmart increase CL for bad Credit but good payment

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‎11-10-2012 01:37 PM

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 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score: EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 689 / EQ FICO 659 / TU08 FICO 702 / TU98 FICO 672 / TU VS 709 5/23/2013
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Established Contributor
lithium78
Posts: 752
Registered: ‎07-30-2011

Re: Does Walmart increase CL for bad Credit but good payment

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‎11-10-2012 02:49 PM

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: 729 (Walmart FICO); EQ: 754 (MyFico) EX: 776 (FAKO)
Goal Score: 800
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Established Member
ecballer
Posts: 16
Registered: ‎09-21-2011

Re: Does Walmart increase CL for bad Credit but good payment

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‎11-10-2012 04:57 PM

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 Fico: 621 11/2
EX Fico: 645 9/18
EX CS: 647 11/6
TU Fico: 681 11/19
Walmart: 655 11/4
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