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Mid- cycle CLI?

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IaBoy62
Established Contributor

Mid- cycle CLI?

Just been wondering...do AUTO credit line increases always happen when a new statement cuts? That has been the case in my own experience, but I see folks mention random CLI quite a bit.

 

Am I wasting time and energy looking for auto LUV other than when a new statement is issued?  

 

Thanks!

Message 1 of 3
2 REPLIES 2
FinStar
Moderator Emeritus

Re: Mid- cycle CLI?

They can occur at any point, mid-cycle or whenever your statement is generated.  It also depends on the timing on when the lender performs any account review (AR).

Message 2 of 3
Ghoshida
Valued Contributor

Re: Mid- cycle CLI?

My experience:

 

Discover: Mid-cycle (right after generating statement)

Barclays: With statement generation

AMEX: Mid-cycle (actually middle of the cycle)

Chase: Mid-cycle (few days before the statement generation)

Message 3 of 3
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