Reply
Frequent Contributor
Posts: 278
Registered: ‎10-17-2009
0

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


Creditaddict wrote:
have you asked? Every 3 months

 

yes i have, i use it all the time and pay on it every wk, never late my fico score is 642. i got to the point i stop asking for one. i got my card oct 07.

so i will just pay it off and just put it in the sock draw. and whats so crazy i have a bloomingdale's with an cl of $1000....

Frequent Contributor
Posts: 281
Registered: ‎04-30-2008
0

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

Mine still hovers at around a 4K CL. Perhaps I'll call in soon to get a slight bump, it's been at least 4 months since I last got my GLI.

myFICO Starting Scores: TU 643 03.10.09 EX 676 01.09.09 EQ 638 05.24.09
Current Score: (WalMart FICO) TU 792 04.03.13 (Mortgage Lender - HP) EX 745 02.06.13 (Mortgage Lender - HP) EQ 771 02.06.13
Goal Score: 800+


Take the FICO Fitness Challenge
Regular Contributor
Posts: 117
Registered: ‎12-06-2009
0

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

I too felt the bitter bite of a CL  decrease. I started out with a $200 CL, quickly got CLI to $300 and then $500.

 

I was late once, (4 days) and they slashed it back to $200.

 

That was the only time in 8 years its ever been late, and it's still a miserable $200 limit.

Frequent Contributor
Posts: 278
Registered: ‎10-17-2009
0

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


buttercupbass wrote:

I too felt the bitter bite of a CL  decrease. I started out with a $200 CL, quickly got CLI to $300 and then $500.

 

I was late once, (4 days) and they slashed it back to $200.

 

That was the only time in 8 years its ever been late, and it's still a miserable $200 limit.


 

at least u made it to 500.00. i just got my response back from macy about cli, denied due to something is on my EX report.
Frequent Contributor
Posts: 278
Registered: ‎10-17-2009
0

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


score_building wrote:

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

 


 

thanks for the info, i will look into that....
Senior Contributor
Posts: 4,923
Registered: ‎04-19-2009
0

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


buttercupbass wrote:

I too felt the bitter bite of a CL  decrease. I started out with a $200 CL, quickly got CLI to $300 and then $500.

 

I was late once, (4 days) and they slashed it back to $200.

 

That was the only time in 8 years its ever been late, and it's still a miserable $200 limit.


 

If you miss a payment with Macy's/Bloomingdale's the CLD is automatic.
Member
Posts: 10
Registered: ‎10-12-2008
0

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

YES Macys is on a rampage I have had my account for 15 months , never been late,usually paid in full,always paid more than minimum payment,very actively ordered from them a least every other month, my credit line went from $1200 down to $140 like $6 above my current balance, I called them and they raised my limit back to $600 wow lol!! yes they are reducing lines so be prepared, and to beat it all like 2 months ago I had gotten a $200 cli!!!  BLOOMINGDALES is doing the same my $1500 credit line went down to $100, never been late with them either I called and they raised it back up to $800 but i had to call like 7 times to get it done, but I look for them to lower again in a month or two.They are balance chasing too it appears.
Senior Contributor
Posts: 3,701
Registered: ‎01-10-2008
0

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


MARTYALEX651 wrote:
YES Macys is on a rampage I have had my account for 15 months , never been late,usually paid in full,always paid more than minimum payment,very actively ordered from them a least every other month, my credit line went from $1200 down to $140 like $6 above my current balance, I called them and they raised my limit back to $600 wow lol!! yes they are reducing lines so be prepared, and to beat it all like 2 months ago I had gotten a $200 cli!!!  BLOOMINGDALES is doing the same my $1500 credit line went down to $100, never been late with them either I called and they raised it back up to $800 but i had to call like 7 times to get it done, but I look for them to lower again in a month or two.They are balance chasing too it appears.

 

did they give you a reason for the CLDs?
FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Member
Posts: 10
Registered: ‎10-12-2008
0

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

they claimed my credit report contained negative items, but i know that to be false i check my credit everyday,and i pulled a fico score from myfico and my score is 698 its better than it was when i got the accounts.
Frequent Contributor
Posts: 278
Registered: ‎10-17-2009
0

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


MARTYALEX651 wrote:
they claimed my credit report contained negative items, but i know that to be false i check my credit everyday,and i pulled a fico score from myfico and my score is 698 its better than it was when i got the accounts.

 

i called macy's today, to see what was ex reporting on my credit they couldnt tell me why. they said they will send me a statement, stateing the reason why....

i tried of the cld,it makes me angry...

 

 

 

 

 

 

 

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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.