Reply
Valued Contributor
Posts: 1,093
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: 748 TU(12/12), 783 TU98 , 813 TU08 FICO, 744 EQ FICO , 735 EX(9/12), 794 EX08 FICO, 809 EX08 bankcard FICO
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (20.7K), BofA Travel Rewards ($17.5), B&N World MC ($17.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (15K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig ($8.6K), Disc It ($8K), Citi Dia Pref MC ($3.7K),Sam's D ($8.5K), Wally D ($7.5K), JCP($5.3K)
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?

Valued Contributor
Posts: 1,951
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

** Every Card has a Job, and Every Card does its Job **

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 based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.