Credit Cards

[pat0812]

I heard you need at least 4 months before you can request CLI

Does it mean 4 statements?

Do you need to have used your card in all 4 months?

The thing is, when i got my card, 2 days later my first statement closed already and i didn't have time to make a purchase, so the first month i had a $0 balance, no statement

Does that mean i will need to wait 5 months and that that first cycle doesn't count ? or i can still apply for CLI anyway after 4 months ?

[creditnocash]

what are your reports looking like? 

it doesn't mean statements themselves. if you have 0 balance it doesnt generate one. 

i made 2 purchases in the same week and actually returned half of the first one and after i pif (didnt even wait for the fourth statement) 

called in for a cli with a person and approved me for 3k from 800. 

my score was hovering around 690's and walmart tu was at 728 no baddies just lots of inq's and low aaoa. 

[pat0812]

i only made one purchase in my second cycle, 2 weeks ago, my statement closes in 10 days

which number did you call? backdoor number ?

[pat0812]

all my reports are clean, no negatives

only short report, 5 months long, next month i will get my first score

[kobe2012]

You dont need 4th statement to ask for cli, you can do it after 2-3 months by calling an underwriter....i opened mine last may with cl of $500...auto increased it to $900 in august and last week,i called to ask for another increase and asked for total limit of $3k but only approved $2k ....i have one collection from 6+ yrs, 3 charged offs ...and 12 inquiries in two yrs... Only asked me about my collection and they approved it!

[creditnocash]

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pat0812 wrote:

i only made one purchase in my second cycle, 2 weeks ago, my statement closes in 10 days

which number did you call? backdoor number ?

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yeah the one in the back door thread. 

it gave me the automated crap and i just kept hitting 0 until a live person came on and asked for it there. so technically i didnt speak to an underwriter but the rep fowarded it to them i guess. 

[youngandcreditwrthy]

Yeah, ime you need four statements with a balance and you need to make four on time payments to get the cli or you will get a cli denial every time with "not enough experience at current credit limit" from most gecrb cards.

So not using it for four months and keeping a zero bal will get you DENIED for a cli. From what Ive seen, they'll do auto clis after 2-3 statements if you PIF! :-)

[creditnocash]

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youngandcreditwrthy wrote:
Yeah, ime you need four statements with a balance and you need to make four on time payments to get the cli or you will get a cli denial every time with "not enough experience at current credit limit" from most gecrb cards.

So not using it for four months and keeping a zero bal will get you DENIED for a cli. From what Ive seen, they'll do auto clis after 2-3 statements if you PIF! :-)

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its clearly ymmv then. like stated i used the card 2 times in september for a total of 184 dollars and returned about 35 of that. 

pif before statement was due. 

a balance was never reported. 

i still dont have a generated statement. 

but like i said i was denied via auto system but when i talked to the person i got approved.