It was Christmas time and I have two GE cards wally and amazon. Nearly maxed them both for the holidays. Never been late and was looking forward to a CLI in January 2013. I was going to pay in full but things got tight for a minute just before the new year and I payed a little more than the minimum balance on both cards. I didnt think this would stop my increase from coming through with GE, considering they are so great as a card company or i was in denial. January comes no CLI from either one. I looked at my CR and (wow) 20 point credit score drop in about 15 days. realized after calling for increase over the phone i was denied as well. So, if you have a new GE card and want that first increase in 4-6 months keep ur balance below the treasured 10 percent mark. This is one for me to grow on
Starting Score: 5/2012 TU 595, EQ 565, EX fako 547
no offense if you nearly maxxed them out what did you expect?
i just bought a desktop today to use as a server to stream to my tv, and it makes my card 450/5000 and i thought that was too high to ask for a cli.
at least it was only a soft pull.
edited to reflect the fact my current limit is not 5,000,000 but only 5000 or 5k
My point for this post was to advice new card holders of this error in judgment on my part and to see if others have experienced this. GE is in many opinions a forgiving bank and great with credit increases. I want to offer my possible mistake as a warning to others who may fall into this area.
@luckelle wrote:My point for this post was to advice new card holders of this error in judgment on my part and to see if others have experienced this. GE is in many opinions a forgiving bank and great with credit increases. I want to offer my possible mistake as a warning to others who may fall into this area.
Thank for this info and some will follow it for sure, just get back on track pay your cards down and ask again in a couple of month cause GE is for sure forgiving
@luckelle wrote:It was Christmas time and I have two GE cards wally and amazon. Nearly maxed them both for the holidays. Never been late and was looking forward to a CLI in January 2013. I was going to pay in full but things got tight for a minute just before the new year and I payed a little more than the minimum balance on both cards. I didnt think this would stop my increase from coming through with GE, considering they are so great as a card company or i was in denial. January comes no CLI from either one. I looked at my CR and (wow) 20 point credit score drop in about 15 days. realized after calling for increase over the phone i was denied as well. So, if you have a new GE card and want that first increase in 4-6 months keep ur balance below the treasured 10 percent mark. This is one for me to grow on
Thanks for sharing. That helps us all.