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Established Contributor
snowkitty
Posts: 985
Registered: ‎09-10-2012

No LUV from GE....what am I doing wrong?

I have opened all of my credit cards since August of this year and they are all in good standing and all are pif each month. I do let a balance hit and then I pay it off immediately. My Ulti right now is at 5%. I called GE after having my credit cards with them for less than a month and got a small cli on all 3 (did'nt have the Sams Discover at the time). I only got a small increase because that is all I asked for. I called back in November about getting another cli on my walmart card so I could take advantage of the 0% interest for Christmas. They turned me down and told me when I got the letter I could call them back. Ok, so I got the letter a few days ago and it said they could not do it because of several new accounts being opened in a short period of time, no current installment loans (I have a paid perfect mortgage & car loan that have been pif and closed for several years) and too many cards with balances. So I called them back this morning and told the csr what happened and she pulled my credit again. She said that they are unable to do it at this time and a letter would be sent. She said for me to get the letter, fix the problems and then call back for an increase. I told her that is what I am doing now and she said she could not tell me why but that it is not for the same reasons as last time. I freaked out a bit and pulled all 3 credit reports to make sure nothing was wrong and everything looks fine. My score is rising and everything is showing as pif and on time. I can understand about all the accounts I opened around the same time but I can't understand the other reasons they are saying and why they keep telling me to call back and then I get the same answer.

 

Am I messing up by letting a balance hit on my cards even though I pay them in full the very next day? Does everything need to show a 0 balance before asking for a cli? My score is going up so all is well....I just think I am missing something. I see others getting cli's with GE every couple of weeks and I know everyone's story is different, I just want to make sure I am doing this the right way. I am rebuilding credit because I have not had any credit for years.....been paying cash/debit for everything. I only have 1 baddie from 2008 and it was from a vet's office for 95.00 and I disputed it back in January....just disputed it again this morning. I paid in full at each time of service to the collection is 100% invalid.

TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

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Established Contributor
snowkitty
Posts: 985
Registered: ‎09-10-2012

Re: No LUV from GE....what am I doing wrong?

Sorry....I forgot to add that GE has preapproved me for some of their other cards and I have declined them so I think it's weird they won't bump my cl but will give me other cards. :catfrustrated:

TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Re: No LUV from GE....what am I doing wrong?

Three thing would fix the problem:

  1. Call back door number.
  2. Only let one card report balance with  less than 9%. 
  3. Used your GE card and show them some activity. 

Hope it help"


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

Established Contributor
snowkitty
Posts: 985
Registered: ‎09-10-2012

Re: No LUV from GE....what am I doing wrong?


nicholasyud wrote:

Three thing would fix the problem:

  1. Call back door number.
  2. Only let one card report balance with  less than 9%. 
  3. Used your GE card and show them some activity. 

Hope it help"


I did call the backdoor number....I keep getting the same csr.....lol

I use the heck out of my GE cards....in fact, my walmart card is the most used and I have a 0 balance on it now

 

I'm thinking I may need to do the "One card balance" thing. I didn't think I needed to if I had no intention of applying for credit but I am thinking that goes for cli's as well. I was just letting balances show to show that I am using the cards and paying them all in full.

 

 

TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

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Valued Contributor
jsickz32
Posts: 1,987
Registered: ‎06-25-2012

Re: No LUV from GE....what am I doing wrong?

Maybe your exposure with them is enough for now to them.
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Established Contributor
snowkitty
Posts: 985
Registered: ‎09-10-2012

Re: No LUV from GE....what am I doing wrong?


jsickz32 wrote:
Maybe your exposure with them is enough for now to them.

 

Do you mean as far as how much they have given me in credit from all 4 cards together? Like maybe, they only give a person so much credit as a whole?

 

TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Established Member
anthill927
Posts: 48
Registered: ‎11-20-2012

Re: No LUV from GE....what am I doing wrong?

same happened to me, I have had walmart for 3 years in august, and im at 1500 and rarely asked for a credit limit increase. I have a zero balance and asked for an increase and a recon and got denied both times,lol credit score in 660s with 23 percent util. Hang in there!!!

I want to be in the 700s again!
Valued Contributor
jsickz32
Posts: 1,987
Registered: ‎06-25-2012

Re: No LUV from GE....what am I doing wrong?

Yeah, i mean its 4 cards with them and most are pretty much new. They will grow but for now it seems they think your limits are good enough for now.
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Established Contributor
calihlove75
Posts: 787
Registered: ‎05-16-2012

Re: No LUV from GE....what am I doing wrong?

The reason will likely be 'not enough experience at your current credit limit'


100% Ficos: EX 762, TU 767, EQ 754 Inquiries last 1 year/6 months: EX-0/0, TU- 0/0, EQ-2/1~ last credit card app 6/24/13- New car loan 3/8/2014
Discover IT $8000~Kohls $1000~Amex BCE $2000~ Walmart Discover $7500~NFCU Signature CashRewards $14,000~ Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $2500~ Amazon Store $7000~ Fingerhut $1050
Valued Contributor
jsickz32
Posts: 1,987
Registered: ‎06-25-2012

Re: No LUV from GE....what am I doing wrong?

Doubt it. Ive had my walmart for 4 months now and i got a cli from 150 to 3k without using my card and most likely will not be using it.
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)

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