06-21-2013 02:47 PM
This letter is in reference to your credit card issued by XXXX Bank
We are unable to grant your request for a credit line increase to your account for the following reason(s):
*High amount of credit available from other accounts.
Consumer Reporting Agency Information
Credit Score 735
Score range from 300 to 850.
So, um, this mean no future auto CLI or CLI? I have numbers of cards that I no longer need. Should I cancel them? That would free up about 10k in CL.
06-21-2013 02:49 PM
06-21-2013 02:52 PM - edited 06-21-2013 02:53 PM
Call the recon and propose the idea of closing other accounts or moving CL over. If they can't promise you anything over the phone then its best to re-evaluate how much you want a CLI on this card before deciding whether to close the other accounts
Another problem that I forgot to mention is the cards that I am planing to close is OLD.. I mean OLD, from 2008. It has no AF and real reward. I rather keep it open. I might have to wait and let my scores increase and INQs drop and try again.
Just as you said. I am not closing anything. I will call them in 6 months and try again I guess.
Forgot to mention. This is a SP or I would have a heart attack on a wasted INQ.
06-21-2013 03:06 PM
06-21-2013 04:56 PM
06-21-2013 04:59 PM
What lenders was it?
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