02-27-2013 01:19 PM
02-27-2013 01:35 PM
If it has an annual fee... just close it..
Otherwise, sock drawer and lower your expectations... Hooter's card will never be the Hilton surpass card
02-27-2013 01:41 PM
02-27-2013 02:01 PM - edited 02-27-2013 02:03 PM
I myself have a Merrick Bank visa and have only gotten a CL(200) once since opeining account back in May 2012. They actually sent me a letter back in Nov warning me that they may close my account if i keep opening new accounts. My Discover, Walmart and Dillards had reported in August so i guess thats what they were talking about. They auto CLI a month later. I dont think this card will grow with me but i like the fact that they provide with a free monthly bankcard-enhanced TU Fico score if you sign up for paperless statements. That is the only reason i havent closed it.
02-27-2013 02:03 PM
02-27-2013 02:06 PM
I have never had a cli and i have had the card 2 years 3 months
sign up for paperless statement and you can see a monthly TU Fico score that they provide and is the same score they use for Account Review. Otherwise if you really dont have much use for it then just sock-drawer or close it.
02-27-2013 02:07 PM - edited 02-27-2013 02:08 PM
Got mine (Merrick Visa) in Oct 2011 with an 1100 CL. have gotten regular increases every few months. The last one just a few weeks ago. I am not at 3100 CL. Seems each tim I PIF or make a large payment within a few weeks I see a CLI.
02-27-2013 02:08 PM
02-27-2013 02:11 PM
+1 Love that u get a free score but it never updates at the same time each month? It actually shows me having a higher score than myfico. Too bad it isn't my real score :-(
It is a true score because it is part of the FICO family. Im sure thats the score they use for account reviews and approvals. It is know as a "bankcard-enhance" FICO score. Im sure not too many lenders use this scoring model but it is a real score (Not FAKO).
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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.