I'm really going to start concentrating on getting CLI's on my cards as I see this as a way to stop apping! I'll have my util% at 5% by the end of January. What i'm worried about is creditors seeing the other new accounts that are under 6 months old and declining CLI's for it. Is that a possibility?
from what i have read,, almost anything is possable except getting a CLI from crap1, hsbc, or credit1
@namvet wrote:
@LS2982 wrote:I'm really going to start concentrating on getting CLI's on my cards as I see this as a way to stop apping! I'll have my util% at 5% by the end of January. What i'm worried about is creditors seeing the other new accounts that are under 6 months old and declining CLI's for it. Is that a possibility?
Yes it is a possibility. You should only apply for new credit as needed or no more than once in a 6 month period. You CLI's will happen as long as you pay on time and don't exceed 30% or so of your credit line. Patience is the key to building your credit history/reputation. Even Cap One will give you a CLI as long as you follow the rules.
I dont have any pland on apping again until next december. I'm hoping to get alot of CLI's with my existing accounts. Are you saying don't exceed 30% of credit line at all on a card or at the time of asking for CLI?