topic Re: Barclays CLI 5th statement in Credit Card Approvals

Barclays CLI 5th statement

vtguy25 — Sun, 12 Oct 2014 23:58:03 GMT

Alright I am looking for some advice. I have a the apple financing card from barclays with a $2000 limit and I have read that they usually do a CLI around the fifth or sixth statement which would be for me either dec or jan. I have been running a pretty good amount of money through this card have had a balance report but never paid interest so always PIF. I have heard they are a liitle sensitive to new accounts I just found out that I am pre qualified for a capital one quicksilver and I am looking to replace a card that I got right after BK. So since I have gotten the barclay card I have gotten a Lowes store card 300 limit and did refi my car. So if I were to open a capital one what's your opion on how they would veiw this? I would like to take advantage of 0% from capital one because I am in the middle of a remodel. Thanks in advance!!

Current stats

EX score 651

Income about 34000.00

BK discharge 10/13

Current credit cards

Merrick bank secured 300.00

My Milestone Card 300.00 AF 75.00 (Card I want to replace)

Apple Financing Card 2000.00

Lowes Card 300.00

No cards have a balance right now have been PIF this year. First year I haven't paid any credit card interest pretty big accomplishment for me!

Re: Barclays CLI 5th statement

Anonymous — Mon, 13 Oct 2014 00:06:21 GMT

@vtguy25 wrote:
Alright I am looking for some advice. I have a the apple financing card from barclays with a $2000 limit and I have read that they usually do a CLI around the fifth or sixth statement which would be for me either dec or jan. I have been running a pretty good amount of money through this card have had a balance report but never paid interest so always PIF. I have heard they are a liitle sensitive to new accounts I just found out that I am pre qualified for a capital one quicksilver and I am looking to replace a card that I got right after BK. So since I have gotten the barclay card I have gotten a Lowes store card 300 limit and did refi my car. So if I were to open a capital one what's your opion on how they would veiw this? I would like to take advantage of 0% from capital one because I am in the middle of a remodel. Thanks in advance!!

Current stats
EX score 651
Income about 34000.00
BK discharge 10/13
Current credit cards
Merrick bank secured 300.00
My Milestone Card 300.00 AF 75.00 (Card I want to replace)
Apple Financing Card 2000.00
Lowes Card 300.00

No cards have a balance right now have been PIF this year. First year I haven't paid any credit card interest pretty big accomplishment for me!

I'm going to pull a CA here and tell you to call Credit Solutions and ask for 25k on all your GE/Synch cards. Barclay may or may not CLI due to your other TL's having toy limits. What is your TU FICO?

Re: Barclays CLI 5th statement

vtguy25 — Mon, 13 Oct 2014 00:15:26 GMT

Is there a backdoor number for credit soultions? I recon'd when I first got my card I really wanted to but new kitchen cabinets but it was denied. That is what I have been wondering I think i will wait to do anything until after new years and then maybe get a capital one or try for a credit union card maybe DCU cause I do have a realtionship with them Thanks for the input.

Re: Barclays CLI 5th statement

coldnmn — Mon, 13 Oct 2014 00:23:59 GMT

GECRB credit solutions from the backdoor numbers.

http://ficoforums.myfico.com/t5/Credit-Cards/Backdoor-Numbers/m-p/408066

Re: Barclays CLI 5th statement

B335is — Mon, 13 Oct 2014 00:26:42 GMT

I would start with Lowe's. Tell them you need $25k, they will counter. I wouldn't ask for CLI on all your GE cards at the same time though.

Re: Barclays CLI 5th statement

vtguy25 — Mon, 13 Oct 2014 00:49:06 GMT

I only have one GE card. You don't think that I am being a little redic because I just got the card and I do have a year old BK? So I should call the GE numbers right because they are now sycrony?

Re: Barclays CLI 5th statement

coldnmn — Mon, 13 Oct 2014 00:52:28 GMT

@vtguy25 wrote:
I only have one GE card. You don't think that I am being a little redic because I just got the card and I do have a year old BK? So I should call the GE numbers right because they are now sycrony?

Same phone number be sure GECRB credit solutions not GE credit.

Re: Barclays CLI 5th statement

CreditDunce — Mon, 13 Oct 2014 00:56:12 GMT

Barclay will or will not give you a CLI in the next couple of months. If they don't and you continue to use the card a CLI will come at some point. I would guess it will be a while before you get any CLI's simply based on your recent BK. But I could certainly be wrong.

If you have a pre-qual from Cap1 for a no AF card to replace a card with a $75 AF, I would go for it. Sure it might be good to try to increase the Lowes CL and let it report first. If approved, it is guaranteed savings. Heck, would probably close the Merrick bank card at the same time. Assuming you get a Cap1 card, you will still have 3 CCs. My only hesitation is the x3 HPs for the Cap1 card.

Re: Barclays CLI 5th statement

B335is — Mon, 13 Oct 2014 00:56:29 GMT

@coldnmn wrote:
@vtguy25 wrote:
I only have one GE card. You don't think that I am being a little redic because I just got the card and I do have a year old BK? So I should call the GE numbers right because they are now sycrony?
Same phone number be sure GECRB credit solutions not GE credit.

Yup, just call GECRB Credit Solutions. When they answer just tell them you have a Lowe's card and would like to request a limit increase. They will read you a disclosure, ask how much you want and what your income is. They will either deny it, counter offer or approve the full limit. Aim high because if you ask for say $2500 and they approve it, tomorrow you're going to second-guess not requesting more.

Heck I just requested $25k on Dillards and the CSR thought she was hearing me wrong. Lowe's generally grows fast though. How long have you had it?

Re: Barclays CLI 5th statement

0REDSOX7 — Mon, 13 Oct 2014 01:00:20 GMT

I have both the rewards and financing cards from Barclays - I just got the financing card on Friday.

When I applied for the financing card, I got a 2K limit. I called the recon line and asked for more. They upped it to 4K before I had even received the card.

I asked for a CLI on my rewards card since I had it since July (has a 1750) limit and she said that between the two cards, that is all they would extend at that time.

May be your case - but treat them well and they will treat you well.

Re: Barclays CLI 5th statement

vtguy25 — Mon, 13 Oct 2014 01:03:26 GMT

Three hard pulls because they pull all credit reports??

Re: Barclays CLI 5th statement

vtguy25 — Mon, 13 Oct 2014 01:05:22 GMT

I did call before when i first got the card like a month ago and I requested i think 3000 and was auto denied but they Idk if they were anyone that could make a descision though. I haven't even used the card yet because i really was planning on using it to get my cabinets.

Re: Barclays CLI 5th statement

B335is — Mon, 13 Oct 2014 01:10:01 GMT

@vtguy25 wrote:
I did call before when i first got the card like a month ago and I requested i think 3000 and was auto denied but they Idk if they were anyone that could make a descision though. I haven't even used the card yet because i really was planning on using it to get my cabinets.

What do you mean auto denied? If you just punched your numbers in, you went through the regular Customer Service number. You need to call GECRB Credit Solutions, the Analyst will take your info, put you on hold and let you know. We can't call for you.

Re: Barclays CLI 5th statement

vtguy25 — Mon, 13 Oct 2014 01:14:03 GMT

K thanks