12-01-2008 05:14 AM - edited 12-01-2008 05:30 AM
Somebody post a possitive thread elsewhere about credit limit increases. Cool. I'd like to hear if GEMB specificaly has given anybody a credit limit increase? or is it ALL bad...
edit to add: I guess it would be better to inquire as to how many CLI's have people gotten from GEMB since this credit crunch started?
12-01-2008 05:20 AM
12-01-2008 06:19 AM
I get a GEMB increase every three to six months, on average, with JCPenney. I went from $200 to $2600 in about 4 years.
Usually, they increase me by $300. Normally I purchase, PIF, etc., but I may have to make use for the holidays. In that case, if they hold true to form, they will increase me if I seem to be spending, and then again when I PIF.
I have never been late with them, and I have them on auto-pay.
12-01-2008 11:49 AM - last edited on 12-02-2008 08:56 AM by llecs
I went from $3500 to $5500. Then one week later they decreased it to $900. Then I called to EDITED and they raised it back to $5500.
dallasjetfan, please refrain from using foul or derogatory languange against others.
12-01-2008 05:58 PM
I just got increases on both my GEMB accounts by the LUV button.
Sam's Club personal acct: From $1072-1600 , two years old, started with 600 CL.
Sam's Discover Cash Rewards: From 5000-5900, one year old this month. started with 4100 CL.
I requested(LUV button) CLI from Discover two months ago, got the declined message, then got a letter a couple weeks ago stating the new CLI. Go figure..
Never been late, PIF every month(exc. once) by bank elec.transfer, usually bi-weekly, and Discover util is around 50% each month because I pay all my bills on it that I can. Already have near $400 in cash rebates built up, I'm at 2% cashback.
Don't know my FICO when I applied, but low 600's for sure.
My FICO EQ is 685 now, was briefly 701 but I got dinged for a new car and a balance on the Sam's personal acct.(only $34) because I didn't pay it off before it reported last month. The new CLI's should help a little.
I have a cr.union Visa with 5000 CL, $0 bal that just hit 6 mo. age. I only use it VERY sparingly.
Lots of lates, one CO that is almost 3 years old now that is the most recent and worst on the CR's.(Crap One screwed me on the reporting, I paid it off for six mo.after the CO, then they posted another CO on the CR when I paid it to zero. Tried disputing three times on that , no luck. But at least the earliest delinq. date didn't change.
I'm almost 36 mo. with perfect credit marks, and the scores are very slowly creeping up.
I subscribe to myFICO Scorewatch, but I change the settings to let me know when it goes up a few points.
Haven't peeked at EX or TU in a while. I monitor my monthly CR's on TrueCredit .com.
I get a good monthly rate, and even though the FACO scores aren't worth much, I still get report monitoring alerts and I can update and view my CR every 24 hrs. if I choose. Wish myFico still had that one.Still don't believe any of the BS they give about dropping that feature.I have a 10 yr. old MAC that could probably handle it. LOL!!
Thanks to all on this site. It is a Godsend for sure. I got credit educated here, should have at least a MBA or something. :-)
12-01-2008 06:29 PM
12-02-2008 07:56 AM
Care Credit CLI for 1k (instant via phone).
Amazon Store Card CLI for 200 (instant online)
I went from $3500 to $5500. Then one week later they decreased it to $900. Then I called... and they raised it back to $5500...
dallasjetfan- which gemb card does your post above refer to?
12-02-2008 08:27 AM - edited 12-02-2008 08:32 AM
ChevronTexaco VISA - $3,000 CL (New Account established in November 2008)
Sam's Club Credit Card - $1,500 CL ($500 CLI granted in October 2008)
Lenscrafters Credit Card - $2,000 CL ($1,000 CLI granted in October 2008)
Hard pull on EQ ChevronTexaco VISA New Account - called CS and approved immediately
No pull on Sam's Club CLI - online request and approved immediately
No pull on Lenscrafters CLI - called CS and approved immediately
12-03-2008 12:00 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.