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New Salary - when do you tell existing CC companies?

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Duncanrr
Valued Contributor

New Salary - when do you tell existing CC companies?

So i got a really. Nice bump to my salary (about 28%), when do you tell existing credit card companies (for the cards you already have) about your new income?


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 808 TU --- EX --- CK 804(FAKO-EX 821, EQ 823, TU 803)
Goal Score: 750

Take the FICO Fitness Challenge
Message 1 of 22
21 REPLIES 21
09Lexie
Moderator Emerita

Re: New Salary - when do you tell existing CC companies?

When you ask for a CLI or update the information online.
Message 2 of 22
Revelate
Moderator Emeritus

Re: New Salary - when do you tell existing CC companies?

For me, when I go for a CLI and they ask.




        
Message 3 of 22
Duncanrr
Valued Contributor

Re: New Salary - when do you tell existing CC companies?

Im in the garden. Dang, i want to share my new numbers but dont want possible hp on CLI.


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 808 TU --- EX --- CK 804(FAKO-EX 821, EQ 823, TU 803)
Goal Score: 750

Take the FICO Fitness Challenge
Message 4 of 22
09Lexie
Moderator Emerita

Re: New Salary - when do you tell existing CC companies?

Some lenders have a section where you can update your address,employment etc. check there and you might be able to input the new data.
Message 5 of 22
Iorek
Contributor

Re: New Salary - when do you tell existing CC companies?


@09Lexie wrote:
Some lenders have a section where you can update your address,employment etc. check there and you might be able to input the new data.

Discover and Capital One do this, in my experience.

Amex BCE ($15k), TE ($5k), BoA BBR ($600), Cash Rewards ($600), Barclays Sallie Mae ($6k), CapOne Quicksilver ($4k), Chase Freedom ($5.8k), CSP ($11k), Marriott (9k), IHG (12k), DCU ($6k), Discover IT ($6.5k)
TU - 4 INQ, EX - 7 INQ, EQ - 3 INQ
Gardening since 06/25/14.
Message 6 of 22
too-much-time
Frequent Contributor

Re: New Salary - when do you tell existing CC companies?


@Iorek wrote:

@09Lexie wrote:
Some lenders have a section where you can update your address,employment etc. check there and you might be able to input the new data.

Discover and Capital One do this, in my experience.


 

Discover went beyond this just today when I logged into my account and found a message saying "Federal regulation requires us to collect updated income to help meet your future credit needs." Smiley Surprised

Message 7 of 22
Duncanrr
Valued Contributor

Re: New Salary - when do you tell existing CC companies?

I was able to update Walmart and Discover. Didnt see any update link on Chase. I've not checked the others out yet.

Edit: i was able to update American Express info


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 808 TU --- EX --- CK 804(FAKO-EX 821, EQ 823, TU 803)
Goal Score: 750

Take the FICO Fitness Challenge
Message 8 of 22
MoreRewards
Established Contributor

Re: New Salary - when do you tell existing CC companies?

Hmmmm Discover didn't give me a message like that but I update it.
EQ 773 * EX 786 * TU 797
Message 9 of 22
MoreRewards
Established Contributor

Re: New Salary - when do you tell existing CC companies?

Lol well Cap 1 had $0 income for me. Just updated that too. I really love the useful info I find on this forum.
EQ 773 * EX 786 * TU 797
Message 10 of 22
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