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Valued Contributor
Posts: 1,103
Registered: ‎02-15-2012
0

No Discover CLI for me...

Shot down.  Got the "you will recieve a letter in 7-10 days explaining why" from the rep.   Got the letter today.

 

We were unable to accomodate an increase for the following reasons:

BUREAU REPORTS HIGH BALANCE HISTORY ON BANKCARDS

BUREAU REPORTS TOO MANY BANKCARD ACCOUNTS WITH HIGH BALANCE

BUREAU-REPORTED RATIO OF BALANCES TO CREDIT LINES ON BANKCARDS

 

Did BT's so some of the cards are on the high side.  I will get those down over the next year.

 

But there is nothing I can do about "HIGH BALANCE HISTORY".  Their number one item.

 

 

They reported a TU FICO of 754.  Does Disocver use TU04 or TU08?  Anyone know?  Because that is about the number I got form Walmart for my TU08.


Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: FICO 8 = 821 EQ, 827 TU, 811 EX (7/15); mortgage FICO= 758 EQ5, 797 TU4, 748 EX2 (7/15)
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (24.8K), BofA Travel Rew Sig (17.5K), B&N World MC (22.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (20K),United Mil+ExpSig (16.3K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig (8.6K), Disc It (10.4K), Citi Dia Pref MC (3.7K),Sam's MC (10K), Wally (7.5K), JCP(5.3K), Costco (2K)
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: No Discover CLI for me...

Sorry to hear, makes me worried I won't get one at the end of the month, they may not like the new Barclays account.



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
Frequent Contributor
Posts: 411
Registered: ‎05-01-2010
0

Re: No Discover CLI for me...

I didn't even know that the high balance number could affect getting credit! And to answer your question, there is no way to get it down, because it is reported as your highest balance. Maybe that number falls off after a year or two? Anyone know ifthat happens?

Highlighted
Valued Contributor
Posts: 1,960
Registered: ‎08-13-2007
0

Re: No Discover CLI for me...

Discover is a strange beast. I would not "expect" a CLI at 6 months. It took me about a year to get my CL up to a "decent" limit. Today, it sits at $5k.

 

 

Ray

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