Valued Contributor
Posts: 1,507
Registered: ‎07-24-2011

Re: GE Capital / Walmart

clh4809 wrote:

I have three GE Capital accounts: Walmart, Amazon and Old Navy, all of which were opened within a few days of each other.  My third statement just cut on the Walmart and ON cards and I received auto CLI's on both.  They were each a few hundred dollars, but I am in the process of rebuilding my credit and wasn't expecting anything more than that. The third statement of my Amazon card will be cut soon, so I'm waiting to see if the same thing happens to that account.  I thought it was interesting since most posts I've seen have stated that the Auto CLI with GE happens at 4 months. 

When you say that "when your statement cut that you received the auto CLI's", are you saying that you were carrying a balance?  I just opened my Walmart card in September and since I PIF no statements for me.  So I was just curious as to my chances of a CLI as well because like you said, mostly I have read at 4 months it happens.  


I mean I guess they can still evaluate our accounts whether a statement generates or not.  But I just wonder is it more than likely you get a CLI with a small balance or not.


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
New Visitor
Posts: 4
Registered: ‎12-09-2012

Re: GE Capital / Walmart

I did have a balance with both cards when I received the auto CLI's.  I use them often and continuously make additional payments before the statements are cut each month, but there was still a small balance left over.  My additional payments may have helped, I'm not entirely sure, but I was surprised that both cards received an auto CLI after 3 months instead of 4.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+