11-14-2012 05:37 PM
The reason I was given was insufficent experience at current credit limit".
No baddies, no balances on any other cards.
This is GE's standard response. Take your time and don't get frustrated - with positive payment history it will eventually rise. I started out at $600 and got auto increased to $800 in January of this year. Since that time, I've asked for CLI's every 4 months and been PC'd to the Discover version, with a current limit of $4000. You'll get there.
11-14-2012 09:19 PM - edited 11-14-2012 09:23 PM
Also make sure your accounts are generating statements or else you will never get an increase.
It is possible to get an increase with no statements with GE backed cards.
Within the past month, I was able to get CLI's on two accounts:
WalMart - no statements or balance for 2 months - 600 CLI
JCPenney - no statements or balance for 6 months - 1400 CLI
Both cards will be two years old next month. The JCP card never had a CLI. The WalMart card had one at the 4 month mark...nothing after that until last month.
11-15-2012 02:53 AM
i got a increase from 150 to 1500 just 7 days from my 4th month with walmart. ive never used the card since i got it. TU score 693 with 17 new accounts opened in last 5 months and 9 inqs in TU..
11-15-2012 07:04 AM
Patience!!!! Wait until after the 4th statement cuts, then try.
11-15-2012 07:05 AM
YOU of ALLLLLL people, know I have zilch! LOL! I will dig some up.
11-15-2012 11:16 AM
You'll find comfort in this S7, lol. Found out my statement had cut yesterday, previous to that I had put through ~450 (600 CL) and PIF, so I figured, what the hell. Requested 1600, denied outright, no counter. As expected of course, so no complaints. I really just wanted to toe the line. I'll wait until the 4th statement before asking again. Maybe even the 5th to give it 4 statements between requests.
It's tough finding amusing things to do when you're really just playing the waiting game on your credit. GWilling can only take up so much time, haha.
|Current: EQ FICO 664, TU FICO 683, EX FICO 698 | Starting Score: 525 (05/2012)|
Starting total revolving credit: $1100 | Current total revolving credit: $7000
Inquiries (12 Months): EQ 3 TU 2 EX 2 | Most Recent: 1/8/2013
|AMEX Gold NPSL|
DCU Visa $2000
Cap1 Cash Rewards $2000
BOA Platinum $600
11-15-2012 08:08 PM - edited 11-15-2012 08:08 PM
I got shot down with walmart too, then tehy approved me for an amazon store card for a higher limit, Just don't get GE.
11-15-2012 08:22 PM
i can confirm that statements have no bearing i think.
walmart card went 800-5k since july 28th no statements
ae apped and approved before walmart 400 used 8x as much have statements for 3 months and no cli given.
|Current: EQ FICO 690, TU FICO 692, Walmart TU 737 EX FICO 726 Amex Pull(1/1/13)|
Starting total revolving credit: $2600 | Current total revolving credit: $21,600
Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012
|Amex Zync(Unicorn) |
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO