4th statement just cut and I am getting ready to hit the love button on my goRewards card. Current line is $5,000. It's been said that one should go for the full $25,000 and see what they counter with. Is this really the best strategy? If I can get away with a SP and only an increase to $10K or $15K... I would be very content. I would obviously be more content with an even higher line, but is my risk of a HP greater by going for the full $25K?
Current Score: EX: 718, EQ: 715, TU: 720
Go for 25, if you are eligible for a sp CLI they will counter your current internal max. If it is a HP you might as well go for the gold. The other way you could put in 10k and have that be your max and not know it then go back and ask for more and end up with an hp that you didn't need.
06/26/2014 - Gardening until 7/1/15
Do they warn you before a HP vs SP if they don't counter, or does it HP automatically?
After reading some of the advice here (which ranged from just before your 3rd statement cutting to just after) - I tried the CLI button the other day and got an odd message. It said there was a condition on my accout which prevented me from submitting the request. So I called them, and they said it was just that they wanted to see more history on the account, but they could submit it to underwriting manually. (I told them no thanks, I'd just wait a bit longer)
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No warning, I know it sucks. When you submit you will ok a HP, if it comes back instant it was a sp, if you get the 7-10 it will be a hp with manual review. That can take between 10 minutes and a business hour. The "condition" is normally an error, if you clear cookies and log back in it normally takes.