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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
Valued Contributor
crunching_numbers
Posts: 1,093
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), 783 TU98 , 813 TU08 FICO, 744 EQ FICO , 735 EX(9/12), 794 EX08 FICO, 809 EX08 bankcard FICO
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (20.7K), BofA Travel Rewards ($17.5), B&N World MC ($17.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (15K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig ($8.6K), Disc It ($8K), Citi Dia Pref MC ($3.7K),Sam's D ($8.5K), Wally D ($7.5K), JCP($5.3K)
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: 1,434
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.  

Cards: Chase Southwest 20k & CSP 10k & Amtrak 4.6k, & Freedom 3.3k & Slate 3.3k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & AMEX Hilton Surpass 7.5k & AMEX Zync NPSL, Sams Club Discover 10k, Paypal Extras MC 6k, CapOne 2.5k, CapOne 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.
Mega Contributor
LS2982
Posts: 15,434
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 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
scottwagnon
Posts: 1,333
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?

EX BankCard 8 FICO 820 (250-900) 04/08/14
TU FICO 806 (350-850) 04/10/14
EX VT 3.0 805 (300-850) TU VT 2.0 891 (501-990)
Credit.com score 798 (300 - 850) TU transrisk 772
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: 15,434
Registered: ‎04-09-2011

Re: lowest credit limit ever

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Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
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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