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Established Member
cardcrazyboi
Posts: 112
Registered: ‎03-18-2012

Re: lowest credit limit ever

My lowest CL is express store card $150 they say I have to use it for 10 month then they will increase it..
Valued Contributor
discernment
Posts: 1,142
Registered: ‎09-01-2011

Re: lowest credit limit ever


ctb89 wrote:

scottwagnon wrote:

what inspired my inquiry is i heard of someone that had a record total of 1700 credit cards, and his lowest limit card was for an ice cream store for 50 dollars. i don't know if this was just a charge only account or an account you could carry that kind of balance.


Holy crap its true: http://abcnews.go.com/GMA/WaterCooler/t/story?id=411883&page=1 He had just under 1500 at the time of that article and has only ever been denied for 1 credit card in his life!!

I wonder how many pages make up his CRs???  :smileysurprised:



Husband's Current Score: EX 691 CUSC; EQ 694; TU 687; Mine: EX 773 (AMEX); EQ 720; TU 750
Wallet Contents: SECURED: Capital One Platinum Mastercard, US Bank Harley Davidson Visa, USAA Bank American Express;
UNSECURED: Chase Freedom; USAA Cash Rewards World Mastercard, Discover More, CUSC Platinum Rewards Visa, American Express Zinc, American Express Blue Cash Preferred, Amazon Card, Walmart Discover Card
Established Contributor
crunching_numbers
Posts: 1,026
Registered: ‎02-15-2012

Re: lowest credit limit ever

Before I pulled my reports to try to fix everything last month, I had SD's a Dick's Sporting goods MC and forgot about it about a year (or more) ago.  From lack of use they had lowered the line from $4000 to $124.  I just called for a CLI to $2000, and will try for $4000 in 4 months. I have learned here about rotations and not just leaving no APR  lines go to waste :smileyembarrassed:.


Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: 748 TU(12/12), 771 TU98 , 824 TU08 FICO, 776 EQ FICO , 735 EX(9/12) FICO
Goal Score: 750+, but shooting for the 800's

my wallet: Hyatt Visa Sig ($23K), B&N World MC ($17.3K), Amex RP Gold (NPSL w/ S&T), Hilton Surpass (10K), Freedom Visa Sig ($8.6K), Discover It ($8K), Amex BCP ($9K), FNBO Visa (13.1K), Citi Dia Pref MC ($3.7K),Sam's D ($8.5K), Walmart D ($7.5K), JCP($5.3K), Dicks MC ($2K)
Blogger
FrugalRican
Posts: 2,876
Registered: ‎02-02-2012

Re: lowest credit limit ever

Read a thread by someone who said they got their Macy's card with CLI $100 closed on them after having a couple of lates.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

New Contributor
littlesister
Posts: 68
Registered: ‎11-07-2010

Re: lowest credit limit ever

Macys 100.00 cl six years ago.

Transunion Fico 753
Equifax Fico 756
Experian 817 (amex pull)
Valued Contributor
jamesdwi
Posts: 1,097
Registered: ‎09-16-2011

Re: lowest credit limit ever


scottwagnon wrote:

mokong wrote:

macys they start at $100 cl.



k. that is a good example. im not curious about 300 dollar limit cards. cards with 150 or less. i am especially curious about cards that have a CL of 50 or less.


I doubt you will find a CL less than $50 because when I worked in retail many years ago, if Credit card processing went off line, the registers would automaticly approve any charge less than $50 by agreement with the Credit card companies.  

Wallet: FNBO DISC 7.5k, , Chase Freedom 3.3k & Slate 3.3k, AMEX BCP 7.5k & AMEX Hilton Surpass 5.5k & AMEX Zync NPSL, Walmart 3.3k, CapOne AU 1.5k
Sockdrawer: Paypal Extras MC 3.2k, CapOne 2k, CapOne 750, Amazon 3.9k, Sams Club store 4.8k, and a nice stack of store cards.
Last APP 5/16/2013
Mega Contributor
LS2982
Posts: 14,457
Registered: ‎04-09-2011

Re: lowest credit limit ever


FrugalRican wrote:

Read a thread by someone who said they got their Macy's card with CLI $100 closed on them after having a couple of lates.


Really??? You have absolutely no need to have CC's if your late on a $100CL card!!




Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 689 / EQ FICO 659 / TU08 FICO 702 / TU98 FICO 672 / TU VS 709 5/23/2013
Valued Contributor
scottwagnon
Posts: 1,266
Registered: ‎02-07-2010

Re: lowest credit limit ever

so a 75 dollar walmart card and a 25 dollar line of credit (odd). LS can you post an image of this?

EQ FICO 783 11/03/12 EX FICO 761 03/12/13
EQ VT 889 EX 858 TU 879 (VT is 501 - 990)
Credit Sesame score 801 (CS is 300 - 850)
Credit.com score 774 (C is 300 - 850) est. EX Fico 770

see my card line up here: http://ficoforums.myfico.com/t5/Credit-Cards/How-Many-Credit-Cards-Do-YOU-have/m-p/1034512#M290859
Mega Contributor
LS2982
Posts: 14,457
Registered: ‎04-09-2011

Re: lowest credit limit ever

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Silver Spade Garden Club Member - Last App 1/6/13 - No Apps until 1/7/2015 / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 689 / EQ FICO 659 / TU08 FICO 702 / TU98 FICO 672 / TU VS 709 5/23/2013
Established Member
cardcrazyboi
Posts: 112
Registered: ‎03-18-2012

Re: lowest credit limit ever

O wow!!! that is crazy i closed that card.. what could you do with $25 cl evrything cost more than that.


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