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Established Contributor
masscredit
Posts: 817
Registered: ‎07-17-2012
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JCP - 2 Months, Worth Trying For A CLI?

My JCP account was opened the 3rd week of Sept with a $200.00 limit. Have given it use and PIF. Worth trying now or just wait until January?


|****$8000****|****$6000*****|****$4500*****|****$2500****|****$1600****|****$3000****|******$1350******|*****$700*****|
EX - 657 (MyFico 10/02/14) TU - 657 (Walmart 11/08/14 ) EQ 04 - 696 (DCU -10/31/14) EQ 08 - 668 (MyFico -11/20/14)
Valued Contributor
nicholasyud
Posts: 1,737
Registered: ‎08-13-2012
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Re: JCP - 2 Months, Worth Trying For A CLI?

Maybe wait for 4 months then ask for what you really want except let them throw you  extra 100 or 200. You decided.


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tinuviel
Posts: 4,875
Registered: ‎11-02-2010
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Re: JCP - 2 Months, Worth Trying For A CLI?

I think that two months is too short a period of time; you'll likely receive a response of: "insufficient experience with your current credit level." When I first got my JCP card, it was also for a $200 limit. After 3-1/2 months, they automatically bumped me up to $1200. I would wait and see, and if you don't receive an increase by your fourth statement, go ahead and ask for one.


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Established Member
RavenNation
Posts: 16
Registered: ‎11-12-2012
0

Re: JCP - 2 Months, Worth Trying For A CLI?

To be on the safe side I would wait about 6 months.
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tinuviel
Posts: 4,875
Registered: ‎11-02-2010
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Re: JCP - 2 Months, Worth Trying For A CLI?


RavenNation wrote:
To be on the safe side I would wait about 6 months.

 

No need to wait that long. JCP is backed by GECRMB, and they are good about approving customer initiated CLIs every four months. Worst case is that they'll deny it, but the OP can simply try again later... asking won't hurt. But, I wouldn't expect one after only two months.

 


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
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Established Member
RavenNation
Posts: 16
Registered: ‎11-12-2012
0

Re: JCP - 2 Months, Worth Trying For A CLI?

That's why I said on the safe side. I never had a JCP card so I wouldn't know about their policies towards increases but to me a limit increase should come after 6 months of usage whether its a store card or a major card. That's why I said to be safe because to me it should be approved after 6 months.
Contributor
RonDawg
Posts: 322
Registered: ‎10-19-2012
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Re: JCP - 2 Months, Worth Trying For A CLI?

[ Edited ]

masscredit wrote:

My JCP account was opened the 3rd week of Sept with a $200.00 limit. Have given it use and PIF. Worth trying now or just wait until January?


I have had my account with them for a long time and my experience is you have to wait 3 billing cycles between each CLI request.

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CreditKarma score = 785, CreditSesame score = 773, Vantage = 903
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LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: JCP - 2 Months, Worth Trying For A CLI?

Go for it on the 4th statement cut. Make sure you use it some and PIF.




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Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012
0

Re: JCP - 2 Months, Worth Trying For A CLI?

+1

Regular Contributor
pt2005
Posts: 129
Registered: ‎10-12-2012
0

Re: JCP - 2 Months, Worth Trying For A CLI?

[ Edited ]

 


masscredit wrote:

My JCP account was opened the 3rd week of Sept with a $200.00 limit. Have given it use and PIF. Worth trying now or just wait until January?


As others have said, you should wait at least 4 months. Also remember that JCP (or any other GE backed card) keeps an internal FICO score that they pull every 90 days or so. If you know when they soft pull you and make your timing right then n you have a very good shot at getting a good CLI.

 

I called them about a month ago knowing that their internal score has just refreshed. They told me they would need to hard pull CR. I said OK. Actually they never did because they have a fresh score in the system.

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