topic Re: Chase Auto Love! in Credit Card Approvals

Chase Auto Love!

GFer — Mon, 29 Sep 2014 13:02:35 GMT

Well, this is a first! I've had Chase for years and very rarely get auto CLI from them. They must really be happy with my usage of late. My utility is 89.04% due o -0- Interest rate and a bathroom remodel. I logged in this morning and did a double take! They increased my line by $2,500!

It's gonna be a good day, Tater!

Re: Chase Auto Love!

takeshi74 — Mon, 29 Sep 2014 13:05:37 GMT

@GFer wrote:
My utility is 89.04% due o -0- Interest rate and a bathroom remodel.

Congrats on the CLI but get that utilization down.

Re: Chase Auto Love!

GFer — Mon, 29 Sep 2014 13:29:20 GMT

Oh, I am. I haven't carried a balance in years. Always PIF. The remodel came from the floor almost caving in the bathroom! I've started making large payments to get it back down.

Re: Chase Auto Love!

alvon123 — Mon, 29 Sep 2014 13:30:40 GMT

congrats

Re: Chase Auto Love!

MissMoni223 — Mon, 29 Sep 2014 14:18:14 GMT

CONGRATS!!!

Re: Chase Auto Love!

Anonymous — Mon, 29 Sep 2014 14:26:36 GMT

Sweet! Congrats

Re: Chase Auto Love!

coldnmn — Mon, 29 Sep 2014 14:27:18 GMT

Congrats! Thanks for sharing.

Re: Chase Auto Love!

JSS3 — Mon, 29 Sep 2014 14:33:47 GMT

Congrats!

It's great to know they'll give autos on cards that are maxxed.

Re: Chase Auto Love!

yfan — Mon, 29 Sep 2014 14:58:15 GMT

@JSS3 wrote:
Congrats!

It's great to know they'll give autos on cards that are maxxed.

The bad news is that it seems to be the only way they give auto, or even soft-pull, CLIs.

Re: Chase Auto Love!

Networth — Mon, 29 Sep 2014 16:21:33 GMT

Congrats! another nail in the coffin to confirm Chase likes usage.

Re: Chase Auto Love!

jamesdwi — Mon, 29 Sep 2014 16:22:28 GMT

@GFer wrote:
Well, this is a first! I've had Chase for years and very rarely get auto CLI from them. They must really be happy with my usage of late. My utility is 89.04% due o -0- Interest rate and a bathroom remodel. I logged in this morning and did a double take! They increased my line by $2,500!
It's gonna be a good day, Tater!

yes sometimes, lenders rewards behavior that is good for their bottom line but is bad for your FICO score. I have noticed several people that had a UTL on one chase card, and little or no UTL on other lenders cards and no baddies reported, and at least 1 year with chase have been known to be given auto-CLI or sent an email or offer in the mail for a SP CLI and its usually granted.

my son's freedom card was at 105%.. yes I know major badness, but chase sent him one of the request a SP CLI, he took it, card went from 3300 to 5000. no HPl, he has a few other cards, that have little or no balance reporting and no baddies.

Re: Chase Auto Love!

GFer — Mon, 29 Sep 2014 17:22:10 GMT

Thanks everyone!

Yes, James, this is so true. I'm not worried about my score though. It'll be paid down soon enough and I don't plan for applying for anything. Fico has no memory of utility, so it'll come right back to where I was. Initially, it made me sick to my stomach to see my 826 drop to 777 with my balances. But knowing what I know....I'll survive a few months.

Re: Chase Auto Love!

b_diddy — Tue, 30 Sep 2014 01:38:11 GMT

@GFer wrote:
Thanks everyone!

Yes, James, this is so true. I'm not worried about my score though. It'll be paid down soon enough and I don't plan for applying for anything. Fico has no memory of utility, so it'll come right back to where I was. Initially, it made me sick to my stomach to see my 826 drop to 777 with my balances. But knowing what I know....I'll survive a few months.

Thought I was the only one who becomes physically ill when my score drops ... it's always good to remember that it always bounces back if you pay on time, reduce UTIL and stop app'ing.

Re: Chase Auto Love!

Anonymous — Tue, 30 Sep 2014 01:51:11 GMT

Very nice, congrats

Re: Chase Auto Love!

Tony275 — Tue, 30 Sep 2014 06:41:10 GMT

Congrats! I read the last line of your OP in White's voice, and giggled to myself, thanks!