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Epic Contributor
Posts: 24,407
Registered: ‎10-23-2007
0

Is Macy's on a rampage for reducing CL's

I have heard from like 3 friends having CL's SLASHED to current balance. I owe nothing on my store card but my visa is nearly maxed out, it's 3 on my debt snow ball, are they going to start chasing me when I really start throwing money at it?!
Fico Scores: EQ- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
83 Cards and Counting :smileytongue:
Regular Contributor
Posts: 178
Registered: ‎05-22-2007
0

Re: Is Macy's on a rampage for reducing CL's

just got mine increased from 1000 to 1500 yesterday...  I always PIF and use it every few months...

 

started with $200 limit on this card. one of my first a little over a year ago.  they have never denied me some kind of increase when I have remembered to call about every 4 months...

11/30/2009 TU 676 EQ 665 EX 654 (CU pulled)
5/14/08 TU 660 EQ 676 EX 623
9/5/07 TU 579 EQ 612 EX 546
Senior Contributor
Posts: 3,453
Registered: ‎11-30-2007
0

Re: Is Macy's on a rampage for reducing CL's

Just got bumped from 1600 to 1900 / rarely use it....time to dust it off
Established Member
Posts: 16
Registered: ‎08-02-2007
0

Re: Is Macy's on a rampage for reducing CL's

Are you referring to the CC or Store card?

 

They are still giving pretty generous CLI on the store card. Can't speak to the CC, though.

 

 

 

Established Contributor
Posts: 832
Registered: ‎01-16-2008
0

Re: Is Macy's on a rampage for reducing CL's

On 11/19 I called and was granted the following gli's:

 

Macys store card - $1,500 - from 3,500 to 5,000

Macys Visa - $700 from 2,700 - 3,400

 

Very curious.  Had your friends done something to spark their ire?


Starting Score: TU 737 EQ 721
Current Score: TU 741 EQ 741
Goal Score: TU 765 EQ 760


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Senior Contributor
Posts: 3,671
Registered: ‎01-10-2008
0

Re: Is Macy's on a rampage for reducing CL's

got my biggest GLI a month or so ago... it was approx. 4k increase!
FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Frequent Contributor
Posts: 278
Registered: ‎10-17-2009
0

Re: Is Macy's on a rampage for reducing CL's

WHY CANT MACY'S SHOW ME ANY LOVE....I HAD MY FOR 2 YRS NEVER AN INCREASE :smileysad:  $300
Epic Contributor
Posts: 24,407
Registered: ‎10-23-2007
0

Re: Is Macy's on a rampage for reducing CL's

have you asked? Every 3 months
Fico Scores: EQ- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
83 Cards and Counting :smileytongue:
Senior Contributor
Posts: 3,671
Registered: ‎01-10-2008
0

Re: Is Macy's on a rampage for reducing CL's


ladydi wrote:
WHY CANT MACY'S SHOW ME ANY LOVE....I HAD MY FOR 2 YRS NEVER AN INCREASE :smileysad:  $300
possible factors: 

-high uti

-marginal EX score

-sufficient credit 

-insufficient income

-past delinquencies

-new neg info (EX)

-usage patterns

 

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Contributor
Posts: 117
Registered: ‎05-20-2009
0

Re: Is Macy's on a rampage for reducing CL's

I have to agree with the other members and say that Macy's is being generous out of nowhere- they bumped up my credit limit from $600.00 to $2,000.00 dollars today. I called a few days ago, and the lady told me to call after the 20th of this month, as that may qualify me for an increase. Very excited to see the increase on my account. Sorry, to hear about the decrease, I truly hope it works out for you and your friends. Best of luck

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TU: 782
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