Frequent Contributor
astritaho1979
Posts: 451
Registered: ‎10-02-2011
1Re: CLI..... when should I ask ???

I applied for 12 credit accounts and got approved on october 2012.they closed 2.The accounts closed was barcley and us bank

All the accounts that remain opened was a GE accounts 6 of them with a total limit of 15k

I calld the backdoor number 2 months later for cli and was approved for 3k more

fico currently due to new accounts 684

fico previously before new accounts 715

fico impacted due to a walmart discover card been close to the limit utl

fico was impacted 15 points due to the new accounts and aaoa(average account age)

Lenders do not like to see to many credit cards opened at once but if u manage to keep them opened they will help your score alot and each account will help your score by 2 points a month so many accounts will help the credit score in a long run(6months history)


COMMERCE BANK PLATINIUM VISA 20K*PAYPAL MC $9.5K*CITI FORWARD $8.5K*PENFED $6,5K*
*LOWES $6K *CMN BANK $5.2K-*PNC $5K*SCLUB DISC. $5K*
WMART DISC.4K*CMN BANK 3.75K*BANK OF AMERICA $3K* MACYS $2.2K*
JCP $1.8*TARGET $0.7K* UTL1%- AAOA 5.5- TOTAL 12 yrs History/
Transunion 718 Equifax 733- Experian 736