12-01-2012 07:20 AM
12-01-2012 07:56 AM - edited 12-01-2012 07:58 AM
Most lenders I have dealt with have not even questioned the hard pulls. Chase has not said anything about inquiries or new accounts whenever they do a hard pull. As long as everything on the report looks fine (low utility, no negatives, or at least no recent ones) you sould be fine. I say give them a high number so that they can counter you with something.
12-01-2012 08:12 AM
12-01-2012 09:01 AM
I have been going back and forth on a thought and cant come to a definite decision lol. Back in june i got a chase freedom card and got stuck with a cumbersome 600cl. At the tine i was just happy to be in with chase. Now i been using the heck out of the card and have grown tired of making several multiple payments a month. I would really like to increase my limit but its gonna require a HP of coarse. I already have opened several new accts this year and have an obscene amount of inqs on EQ, which chase pulls for me. Now my plan is just to garden for the next year, so should i just swallow the one last hp and then head to the garden? Looking for your guys thoughts?
Addt info: AAoA is 2 1/2 years, EQ fico is right under 700. Now have 2 accts over 5k and 2 at $3500 and typically run 2-3k through my AMEX ZYNC.
Yeah kinda tough decision. But i think I'd do it.
Whether it chase requires a HP or not, I wouldn't know. But i think that it would behoove chase to increase your CL if they want to remain competitive for your business. Your other CLs are way better than chase and they can cleary see that you spend well beyond the 600 CL every month and have to send in payment after payment.
If it were me, i'd be tired too of constantly sending in multiple payments. And i'd tell chase that too. Then if they denied by CLI, then I'd think about using my other cards than the headache of sending in mulitple payments.
12-01-2012 09:42 AM
Freedom was my first card non-secured card, and I got it with a $1k CL intially. About a year after I got the card, I requested a CLI, and they brought me up to $3k.
I didn't have many inquiries (I think only two EQ in the past year at the time), but my credit score was right around where yours is - around 690 I believe. My highest CL at the time was $2,500, and I'm not even sure that had reported to my credit report yet at the time I requested the CLI. My AAoA was around the same as yours as well. I say go for it.
12-02-2012 02:52 PM
12-02-2012 02:55 PM
12-02-2012 04:43 PM
12-02-2012 06:06 PM
12-02-2012 06:10 PM
i always go in assuming it will be a HP with anyone other than GE
Words from the wise! +1
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.