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Mega Contributor
Posts: 15,453
Registered: ‎04-09-2011
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Re: In the lender's eyes... PIF or carry a balance?

blk8 wrote:

Lambo23 wrote:
The thing with blk8's method is that it takes away from being able to use the card for everyday purchases. Or am I totally misunderstanding what he means?
I take it like this:
Month 1: I use my card for $400 in total charges. Statement: $400 - ok
Month 2: I pay half of my statement balance and can't use the card. Statement: $200 - pay half but you can still use
Month 3: pay the rest to 0$ balance and don't use the card. Statement: $0 - PIF balance including what you may have used month 2
Month 4: can finally use my card and charge another $400. - ok
Month 5: pay half. No card use. Statement: $200 - pay half but you can still use
Month 6: pay the rest to $0. Don't use card again. Statement: $0 - PIF balance.
Month 7: auto CLI.

Correct? Or am I way off?



Month 1-3 use your card as you would like

Month 4 - use 90% of your CL and PIF

Month 5 - use 90% of your CL and PIF

Month 6 - use 90% of your CL and PIF


Call and ask for a substantial CLI .... let them the rep know you are finding yourself having to use other cards cause the CL on your Chase card is insufficient. :-)


I think this will net a good CLI!!!! Smiley Happy

EQ FICO 548 3/3/16
Frequent Contributor
Posts: 260
Registered: ‎04-16-2012
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Re: In the lender's eyes... PIF or carry a balance?

What's the most I can request for an increase? I'm at 2k CL and at 6 months would like to request 5k. My other highest limits are 3500 and 3000.

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