04-26-2013 06:44 PM
Does anyone know if Navy Federal does a hard pull for a CL increase?
Also when I go to apply online for a CL increase it tells me to put in an amount... Current limit is $7,000... Any suggestions for what to request so I don't get denied? Is doubling that too much to ask?
The account will be a year old in June... Should I wait until I hit the 1 year mark? I pay it off in full every month typically between $1,000-$5,000 every month. I've charged about $40,000 to it since I opened it
04-26-2013 06:48 PM
You can never tell with Navy. Sometimes its a hp and sometimes its a sp. You just gotta go for it. But from what you've said you will get approved.
I got my card in December. My credit line went like this: 2K, 5K, 7500K, 10K, 15K. All of them except for one was an sp and its only been 4 months.
04-26-2013 06:49 PM
Here's a thread that will give you some inspiration to hit the luv button:
04-26-2013 06:57 PM
Hmmm now I'm intrigued by that post. Thanks!
Am I reading right that I should login and request $500 or $1,000 increase and just keep repeating until they say no?
04-26-2013 07:06 PM
Well since you've had the card for so long I would go for $10K immediately. If its instant then maybe $3K and $2K...something like that. But it just depends on what you want your limit to be. I just don't see you having a problem at all. At least from what I've seen on this board.
One guy, dodgeball did it so many times over so many days with sp's that I was afraid he was going to take all of the money away...LOL!
Do a search on him and you will find that thread....it is hilarious but he did it so I followed up right behind him.
Now if you get a 3-5 message, don't worry at all because all they are going to do is manually review you which will result in an HP. If you put in an amount and they counter then that is an sp, so take that offer and stop because that is your limit without an hp.
04-26-2013 07:10 PM
I couldn't wait any longer haha so I just went for it and instantly got approved for $15k.... I'm assuming if it's instant it's only a soft pull and the 3-5 day message is for a hard pull?
04-26-2013 07:16 PM
Now wasn't that easy?
04-26-2013 07:55 PM
So easy... and so tempted to do it again hah
Go for it! I couldn't stand the temptation either!
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