Reply
Valued Contributor
Posts: 1,066
Registered: ‎07-17-2012
0

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****|****$8000*****|****$6000*****|****$2500****|****$1600****|****$3000*****|*****$3000*****|****$2500*****|
EX - 684 (MyFICO 3/05/15) TU - 676 (MyFICO 3/05/15 ) EQ 04 - 712 (DCU -3/27/15) EQ 08 - 686 (MyFICO -3/05/15)
Valued Contributor
Posts: 1,738
Registered: ‎08-13-2012
0

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.


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Moderator Emeritus
Posts: 4,875
Registered: ‎11-02-2010
0

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.


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Established Member
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.
Moderator Emeritus
Posts: 4,875
Registered: ‎11-02-2010
0

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)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Established Member
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
Posts: 322
Registered: ‎10-19-2012
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?


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.

AMEX Platinum, AMEX Blue cash (10k), AMEX Delta (10k), US Bank Premier Line (14.5k), US Bank Cash + (7.5k), Chase Freedom (5k), Fred Meyer Rewards Visa (7.5k), US Bank Flex Perks Travel Rewards (5k), Discover IT (9.5k), Chase Sapphire Preferred (8k), Alerus Financial Visa Signature issued by Elan (10k), BofA Cash Rewards (10k), Citi Thankyou Pref (6.5k) TU FICO Score = 807, EQ FICO Score = 780, EX FICO Score = 780,
CreditKarma score = 785, CreditSesame score = 773, Vantage = 903
Mega Contributor
Posts: 15,442
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.




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
Posts: 1,837
Registered: ‎08-20-2012
0

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

+1

Regular Contributor
Posts: 133
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.

FICO Scores 8: EX 731, EQ 731, TU 725

Credit Cards: Chase Freedom 9.5K | AMEX TrueEarnings 4.5K | Cap1 Venture Visa 3.5K | Cap1 QS MC 3.5K | Discover IT 1K | Cap1 Spark Cash 15K | AMEX SimplyCash 9K

Store: PayPal SmartConnect 10K | JCP 5.2K | Banana 3.3K | Walmart 4.5K | Kohls 1.5K | TargetRED 200
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.

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.