04-27-2013 04:35 PM
04-27-2013 05:15 PM
Tomorrow marks six months with discover, and I'm up for a credit increase. My limit is currently $2,500. They are by far my highest limit. My credit is only a year old, and they gave me that limit with just a capital one secured for six months.
How much of an increase should I ask for?
My fico has went down due to an auto loan I took in January. So I'm at about 670. But that was with a $900 balance on discover, which I have since paid down to 300.
Would it be worth a hard pull if they request it?
Regarding the HP, that's up to you to decide if it's worth it to you.
IF I were in your shoes (and I was there at one time!), I'd be conservative and request a CLI to $5000. That's still a good CL, and since you said that the current $2500 is by far your highest limit, I think Discover, a conservative company, would be more inclined to go to $5k, depending on your payment history with them. Helps that you've paid down a balance. Yeah, you might be able to get more, but frankly, I doubt Discover is going to give you a 3X increase. That usually only works with AMEX, though anecdotally some folks here get those kind of CLI. However, with your scores, you're not quite there yet; give it time and you will be !
04-27-2013 05:33 PM
04-27-2013 05:53 PM
Is there anyway to request 3k and not trigger a HP??...your credit is still fairly new.
04-27-2013 09:09 PM
So I hit the CLI button and it says that they can't process it because the site is having technical difficulties. Oh well. I'll try again tomorrow. I don't want to call and get a HP crazy customer service rep. I've heard the reps are more likely to use a HP.
04-27-2013 09:13 PM
Sometimes they wont allow you do CLI after 6 months period.
One of my buddie call in and request and they grant it without HP.
They always ask you if HP required.
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