02-01-2013 03:40 PM
I am sorry if this has already been discussed and I have gone through most of the posts and do not see my answer. Has anyone contacted the EX Office regarding a CLI on their Secured Card? I know for sure they will not change you card to an unsecured one, but will they increase
02-01-2013 03:54 PM
I can tell you for sure they won't!! I've ben trying for the last 2 weeks and just called them again 2 days ago. I have a Cap1 secured with the $49/$200 thing and had it for about 1 year now. I've been paying ontime every month. Called them and absolutely no cli on "SECURED" card. I ask them why haven't I've received any offers for PC? They just told me I has to apply myself. I don't know if youu would have better luck than me but good luck!!
02-01-2013 04:07 PM
Anybody can usually get a CLI on a secured card anytime they want one - simply by depositing more money as collateral.
02-01-2013 05:16 PM
Yes they are, but if the lender is unwilling to establish an unsecured line for you, the odds are that they aren't going to be willing to extend you unsecured credit on an existing line either.
There is no solution to the problem other than time and prudence.
02-01-2013 06:27 PM
Capital One is the only major bank that gives an unsecured CLI. Based on my experience and other posts, it happens at 6 months and it is a 1 time only. Not everyone gets it. CU are more likely to grant this.
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.