Home Depot cut my credit limit by $9999

[bott6698]

Congrats on 15k BACK!. HD was one of my first approvals and they gave me $1000.00 with a 622 EX score I was so happy. Tried for an increase right away and got declined and was told to keep a balance for 6 months and make payments on time etc I could try again for an increase. I have since charged up my small cards and am looking forward to paying them off etc so I can quickly boost my score and IF I could get HD to up to 15K I would do wonders for my CR. May I ask what your current score is with EX and your UTL% on your report?

[Lel]

---

@bott6698 wrote:
Congrats on 15k BACK!. HD was one of my first approvals and they gave me $1000.00 with a 622 EX score I was so happy. Tried for an increase right away and got declined and was told to keep a balance for 6 months and make payments on time etc I could try again for an increase. I have since charged up my small cards and am looking forward to paying them off etc so I can quickly boost my score and IF I could get HD to up to 15K I would do wonders for my CR. May I ask what your current score is with EX and your UTL% on your report?

---

Thanks, everyone!

I haven't pulled my EX score since last spring.  My SW (EQ) is 800.  Hasn't budged in over 2 months.

My utilization has always been comfortably <9%, even without the higher HD CL.  But every once in a while - usually a big vacation - it pushes up towards 10%, so having that extra cushion is nice.

[haulingthescoreup]

Adding my congrats!

To the poster who wondered about CL's ending in $1, I wonder if they've got tiers or whatever of CL ranges, something like up to $1000, $1001 - $5000, $5001 - whatever, and so forth.

Pure speculation on my part, though.

[creditdream]

Lel congrats for getting back your credit line

[Anonymous]

Many organizations are trying to reduce their exposure. It's because our country is failing. Our country depends on people spending more than they make, which cannot go on forever.

[Creditaddict]

Just got back from Home Depot buying my paper towels to make sure they see usage on my HD credit card!

[Lel]

Like I mentioned in a separate thread, the CLI came with a "cost": they pulled my credit and an inquiry hit my report.  No damage from the inquiry though; it was probably offset by the fact that a new card that I opened in December 2007 is now a little over a year old, as is the inquiry that went with that card.

Still feels good to have the CL up again.  It will help keep my utilization comfortably below 9%.