What does SL mean?

[jsucool76]

Forgive me if this is in the wrong place but it's something that's been bugging me for quite a bit now. 

People say they got approved for <insert card here> with an SL of <insert amount here>. 

I know SL is synonymous with credit limit..but what in god's name does "SL" stand for? I've been here for a while, and I still don't know this. lol. 

[Anomalous]

Starting limit

[jsucool76]

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@Anomalous wrote:

Starting limit

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That makes sense. I feel dumb now. Seems like an unnecessary term though, since if you've posted something like "Hey I just got approved for <card> with a CL of <amount>" it's pretty apparent that is your starting limit. 

Darn you myfico for making me feel dumb. 

[Anonymous]

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@Anomalous wrote:

Starting limit

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I was thinking it was Spending Limit but I guess Starting makes more sense.

[jsucool76]

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@Anonymous wrote:

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@Anomalous wrote:

Starting limit

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I was thinking it was Spending Limit but I guess Starting makes more sense.

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Everyone should have to adhere to vocabulary and abbreviations that i understand. I don't like change. My way or the highway. 

#KingOfTheCastle

#DeyTookErrJobssss

[longtimelurker]

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@jsucool76 wrote:

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@Anomalous wrote:

Starting limit

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That makes sense. I feel dumb now. Seems like an unnecessary term though, since if you've posted something like "Hey I just got approved for <card> with a CL of <amount>" it's pretty apparent that is your starting limit. 

Darn you myfico for making me feel dumb. 

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Not quite unnecessary, because it's not just used in the approve context.   You will see people say (without a whole lot of justification or caveats!) "Get card X as it gives good SL and has SP CLIs every ....."   

[longtimelurker]

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@jsucool76 wrote:

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@Anonymous wrote:

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@Anomalous wrote:

Starting limit

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I was thinking it was Spending Limit but I guess Starting makes more sense.

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Everyone should have to adhere to vocabulary and abbreviations that i understand. I don't like change. My way or the highway. 

#KingOfTheCastle

#DeyTookErrJobssss

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Can you make a sticky so we can know what is allowed?

[jsucool76]

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@longtimelurker wrote:

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@jsucool76 wrote:

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@Anonymous wrote:

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@Anomalous wrote:

Starting limit

---

I was thinking it was Spending Limit but I guess Starting makes more sense.

---

Everyone should have to adhere to vocabulary and abbreviations that i understand. I don't like change. My way or the highway. 

#KingOfTheCastle

#DeyTookErrJobssss

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Can you make a sticky so we can know what is allowed?

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Anything is allowed as long as it's used in a positive way and is talking nicely about me....other than that...nothing except good offers that I should apply for. 

Examples of Allowed Material: 

 - "That jsucool76 guy is really cool"

 - "Hey, jsucool76, there's an offer for 500,000 membership rewards points on the amex platinum with a waived AF for life"

Examples of Prohibited Material:

- "Just got approved for the ....... card"

- "Amex FR'd Me" 

- "Chase closed all my accounts" 

- "I'm 12 years old, and I have 500,000,000 in available credit and 15 centurion cards" 

On another note, I'm the next featured marriott rewards insider Yay Me! 

[Anomalous]

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@jsucool76 wrote:

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@Anomalous wrote:

Starting limit

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That makes sense. I feel dumb now. Seems like an unnecessary term though, since if you've posted something like "Hey I just got approved for <card> with a CL of <amount>" it's pretty apparent that is your starting limit. 

Darn you myfico for making me feel dumb. 

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Don't feel that way. I'm assuming that's what it means based on how it's used in posts. It's not on the abbreviation list posted in the Credit Card forum sticky.

[jsucool76]

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@Anomalous wrote:

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@jsucool76 wrote:

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@Anomalous wrote:

Starting limit

---

That makes sense. I feel dumb now. Seems like an unnecessary term though, since if you've posted something like "Hey I just got approved for <card> with a CL of <amount>" it's pretty apparent that is your starting limit. 

Darn you myfico for making me feel dumb. 

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Don't feel that way. I'm assuming that's what it means based on how it's used in posts. It's not on the abbreviation list posted in the Credit Card forum sticky.

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That means it's not a barry approved abbreviation. 

#DownWith"SL"