09-22-2011 10:12 PM
1. I got some questions for you all and i need some imput please. I have a orchard bank account opened in oct 2008.The limit on the card is $820 and the balance is $743, now with the recent Cli changes i wanted to call in and get a Cli. Is the balance on the account going to be a problem? should i paid that off first?. I never missed a payment on this card, i started with 320 dollars. credit score is in mid 600s.,dti around 60/40. Should i wait until i pay of the balance then call?
09-22-2011 10:21 PM
Paying it down or paying it completely will help with your CLI consideration
09-23-2011 05:42 AM
do they base the Cli on the balance of the acct or on the score and dti?
They base the CLI on everything on your account and credit reports. The lower the balance you have and the better your score and DTI, the better chance you get a CLI and the higher it could be.
09-23-2011 11:01 AM
So i couldn't wait no more and i made the call.lol.. they just asked me for my income and they he said i was approved for $200 dollar limit from from 820 to $1020. I had TU/EQ frozen only experian is open, so will see if a inquiry will show up on exp beacause he wasn't able to tell me if it was a soft or a hard pull.
09-23-2011 11:06 AM
May I ask if you called the back door number or the number on the card?
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