topic Re: Unexpected Target CLI in Credit Card Approvals

Unexpected Target CLI

MACFRME — Sat, 29 Aug 2015 21:34:35 GMT

Received my second CLI from Target today. I opened the card with a $200 credit line in April of 2014. It was raised to $800 sometime around the end of last year, and I just received another increase to $1,000 this week. I am very glad to see the increase, and I must say I'm very surprised. I owe about $75,000 in credit card debt, and my TU score is sitting at 629. I have been using the Target card heavily for the past couple of months and paying it off in full, so I think this is what triggered the increase. It certainly had nothing to do with my credit rating. Anyway, I just thought I would share this info, as it seems Target increases are not necessarily credit-based decisions, at least in my case.

Re: Unexpected Target CLI

ddemari — Sat, 29 Aug 2015 21:36:41 GMT

Amazing! I am hopeful no on some target auto luv one day! Maybe at the 3-5 year mark lol. Congrats!

Re: Unexpected Target CLI

Anonymous — Sat, 29 Aug 2015 22:07:06 GMT

Interestingly enough I noticed this message logging in today:

Important Message: To be eligible for a monthly credit limit review process, we require updated income information on your account. Click here to update this information now.

Re: Unexpected Target CLI

MissMoni223 — Sun, 30 Aug 2015 00:45:25 GMT

Way to go!!!

Re: Unexpected Target CLI

alextercero — Sun, 30 Aug 2015 00:49:13 GMT

Congrats

Re: Unexpected Target CLI

Anonymous — Sun, 30 Aug 2015 03:41:57 GMT

@Anonymous wrote:
Interestingly enough I noticed this message logging in today:

Important Message: To be eligible for a monthly credit limit review process, we require updated income information on your account. Click here to update this information now.
I think they added it a few months back. They probably got tired of us calling in to update our financial information. I am grateful for the 2K SL that I initially received. Then they showed me auto luv in December 2014 for $700. I'm hoping to get some auto luv this year too.

SN: I am annoyed with the whole CLI process with Target, but I love their store so I deal. Thanks for allowing me to rant! Exiting state left...

Re: Unexpected Target CLI

Anonymous — Sun, 30 Aug 2015 03:43:00 GMT

Congrats on your CLI!!! Wow! Did you say 75K in credit card debt?

Re: Unexpected Target CLI

Anonymous — Sun, 30 Aug 2015 04:35:56 GMT

@beautifulblaquepearl wrote:
Congrats on your CLI!!! Wow! Did you say 75K in credit card debt?

I was thinking the same haha, 75k in debt will make me sweat!!! a lot lol. I make 65k/year and I only spent 10 to 15% of my credit limit. But Congratulations on your increase though.

Re: Unexpected Target CLI

MACFRME — Sun, 30 Aug 2015 05:54:35 GMT

Yep, $75k. I have been going through a rough financial patch because I'm living in an apartment I couldn't afford and have had some other expenses come up. The FICO score simulator says my TU score would go from 629 to 835 if I paid off all my cards over 2 years. That will be the day!

Re: Unexpected Target CLI

OmarGB9 — Sun, 30 Aug 2015 06:35:40 GMT

Grats

Re: Unexpected Target CLI

B335is — Sun, 30 Aug 2015 07:26:47 GMT

Congrats!! A Target CLI is something regardless of the amount.

Re: Unexpected Target CLI

Anonymous — Sun, 30 Aug 2015 07:45:03 GMT

@Anonymous wrote:
Interestingly enough I noticed this message logging in today:

Important Message: To be eligible for a monthly credit limit review process, we require updated income information on your account. Click here to update this information now.

Come to think of it, I updated by annual income just days before Target increased my limit from 300 to 1400.

Re: Unexpected Target CLI

Anonymous — Sun, 30 Aug 2015 07:45:21 GMT

@MACFRME wrote:
Received my second CLI from Target today. I opened the card with a $200 credit line in April of 2014. It was raised to $800 sometime around the end of last year, and I just received another increase to $1,000 this week. I am very glad to see the increase, and I must say I'm very surprised. I owe about $75,000 in credit card debt, and my TU score is sitting at 629. I have been using the Target card heavily for the past couple of months and paying it off in full, so I think this is what triggered the increase. It certainly had nothing to do with my credit rating. Anyway, I just thought I would share this info, as it seems Target increases are not necessarily credit-based decisions, at least in my case.

Congrats on the increase!

Re: Unexpected Target CLI

Outdoorstech1 — Sun, 30 Aug 2015 14:45:07 GMT

Logged into my account today to pay my latest bill and saw I received a AUTO CLI of $500. up to 800 now from 300 when i opened my account back in April. Nice Target!