topic Re: Fingerhut credit increase in Credit Card Approvals

Fingerhut credit increase

Anonymous — Fri, 08 Sep 2017 07:49:26 GMT

Hey guys just an update, I received a credit limit increase from Fingerhut last week. I went from a 250 to 500 dollar limit. I graduated the fresh start program in April. So it took 5 months to get the automatic increase. I'm not complaining. My scores at the time of the increase are 580's 590's due to very high utilization on my other cards.

Re: Fingerhut credit increase

Anonymous — Fri, 08 Sep 2017 14:23:53 GMT

Congrats! I just got a $400 increase on mine, Fingerhut can grow in time to around $2,000 from what I've read on here.

Re: Fingerhut credit increase

Anonymous — Fri, 08 Sep 2017 14:44:34 GMT

@Anonymous wrote:
Congrats! I just got a $400 increase on mine, Fingerhut can grow in time to around $2,000 from what I've read on here.

Even higher. Mine is currently at $2800 and change, and they send me CLI offers every couole/few months; I don't accept, though, because the offer is that they'll increase my limit by the amount of my purchases during a specific time frame. Not worth buying things I don't need just to get a CLI.

And my scores aren't great, so I'm sure others have even higher limits.

Re: Fingerhut credit increase

LadyJEsq — Fri, 08 Sep 2017 16:28:38 GMT

Congrats on the auto love! The additional limit should help with your Util and maybe your CSs will see a nice bump. Good luck on your continued rebuild.

Re: Fingerhut credit increase

AverageJoesCredit — Sat, 09 Sep 2017 04:00:06 GMT

Nice job, i got mine up to $2100 before the but this amount for permanent increase game began lol. I finished at $1800 and continued my rebuild elsewhere. FH has a nice place in my heart for their help in my re uild

Re: Fingerhut credit increase

peghede — Sat, 09 Sep 2017 04:02:45 GMT

i know some one with this card with $7800 credit line..scary.

Re: Fingerhut credit increase

dlm0820 — Sat, 09 Sep 2017 16:42:06 GMT

If I was you, I wouldn't be going around telling people about that.

You can do much better than Finger**ut.

Re: Fingerhut credit increase

Anonymous — Sat, 09 Sep 2017 17:39:02 GMT

@dlm0820 wrote:
If I was you, I wouldn't be going around telling people about that.

You can do much better than Finger**ut.

Respectfully disagree. Fingerhut can be an excellent opportunity for someone who needs to establish or reestablish their credit. One shouldn't look down on others for trying to better themselves. There should be no shame in it; let he who is without sin cast the first stone.

Re: Fingerhut credit increase

Anonymous — Sat, 09 Sep 2017 18:49:47 GMT

I feel a certain loyalty to them because they gave me credit when no one else would, however their prices are just too high, and the fact that their “monthly” FICO credit score is habitually a month behind, is really starting to frustrate me. Once I’ve paid off my current balance with them, I probably won’t order from them again.

Re: Fingerhut credit increase

Meanmchine — Sat, 09 Sep 2017 19:02:34 GMT

Congrats on your CLI

I recently closed my Fingerhut account after having it open for 5 years. Usually got a bump once a year.

Re: Fingerhut credit increase

AverageJoesCredit — Sun, 10 Sep 2017 01:56:47 GMT

Id rather have FH than Credit One. You know what you are dealing with with FH. High prices and overinflated shipping sure but its all there for you to see BUT there ARE ways to buy things at good deals . I wouldnt recommend buying big price items but small items sure.

Holy cow pegehede 7800 on FH, ID KEEP IT LOL, not really but that is super impressive

Re: Fingerhut credit increase

pizza1 — Sun, 10 Sep 2017 16:25:16 GMT

Congrats to you on the CLI...

a little advice if I may..get the util down on your cards to the point where all your cards are reporting a zero balance except for one card, and its reporting 1-9% on the CL.

Your scores will increase, and you would have a better chance at qualifying for an unsecured cap one. Then Id close Open sky, and Credit One.... Youre doing a good job!

Re: Fingerhut credit increase

Anonymous — Wed, 13 Sep 2017 03:12:22 GMT

When I first got approved it may have been $500 then got upgraded to $1,200 I really love ordering from their online store however I always pay before the bill gets printed also they state that even if your on promotional period they will still charge interest regardless of just paying the minium payment keep that in mind if you make a purchase with them. best of luck and congrats.

Re: Fingerhut credit increase

Anonymous — Wed, 13 Sep 2017 03:34:06 GMT

Congrats!

I enjoyed my Fingerhut account when it was one of the first offers I had. I've found some decent deals there (occasionally they do free shipping and I tend to check out their clearance section if I'm looking for something). I recently threw them a bone just to give mine a little activity because it's been nearly a year and I got an okay deal on something I'd had my eye on for a while.

I've had two instances of auto-love from them since I first got the account but I also don't really use it much. They were my highest limit account for like 8 months though. I see no problem with them because they're pretty up front about being expensive, heh, but in my personal opinion it's a little better to spend a little bit more every now and then for an item you were looking at anyway then paying out the wazoo in monthly and annual fees to some predatory bank.

Just don't buy electronics from them. Occasionally they'll advertise a decent price on a TV or something but their higher end electronics and gaming systems are super super overpriced - like the original model iPad Pro 9.7" priced for more than the most expensive brand new release iPad Pro 10.5" or like a Nintendo Switch bundle for over $200 more than Gamestop, that sort of thing. Same thing for computers and wearable technology and the like. Heh.

Re: Fingerhut credit increase

Anonymous — Wed, 13 Sep 2017 05:10:13 GMT

@Anonymous wrote:
Congrats!

I enjoyed my Fingerhut account when it was one of the first offers I had. I've found some decent deals there (occasionally they do free shipping and I tend to check out their clearance section if I'm looking for something). I recently threw them a bone just to give mine a little activity because it's been nearly a year and I got an okay deal on something I'd had my eye on for a while.

I've had two instances of auto-love from them since I first got the account but I also don't really use it much. They were my highest limit account for like 8 months though. I see no problem with them because they're pretty up front about being expensive, heh, but in my personal opinion it's a little better to spend a little bit more every now and then for an item you were looking at anyway then paying out the wazoo in monthly and annual fees to some predatory bank.

Just don't buy electronics from them. Occasionally they'll advertise a decent price on a TV or something but their higher end electronics and gaming systems are super super overpriced - like the original model iPad Pro 9.7" priced for more than the most expensive brand new release iPad Pro 10.5" or like a Nintendo Switch bundle for over $200 more than Gamestop, that sort of thing. Same thing for computers and wearable technology and the like. Heh.

Agreed! even the mail catalog has fine print telling you everything about purchases.

Re: Fingerhut credit increase

Anonymous — Sun, 14 Jan 2018 12:19:17 GMT

I’m in awe of your scores within 4 months time. How did you get your scores to go up so rapidly month-to-month? #goals

Re: Fingerhut credit increase

JimmyWayne — Sun, 14 Jan 2018 19:49:40 GMT

Congrats to you!!

I will say they ticked me off recently.

They gave me a CLI increase in November from $1200 to $1500, and was told the CLI would be permanent if I bought something before a December XX deadline. I thought "ok, thats fair, whatever". So, I ordered a manicure set to use as a stocking stuffer. I get an email last week saying they CLD me because I didn't order anything. I picked up the phone right then and cancelled the account. I'm not going to play these little limit increase-decrease games. They were there to help me in the beginning, now they can help someone else. Just sharing my experience. Like others have said many times on this board, when you get your scores bumped up and on the way- drop them.

Re: Fingerhut credit increase

Anonymous — Mon, 26 Feb 2018 07:49:10 GMT

I WISH my fico score was a month behind!! They haven’t updated since November for me! 4 months behind! When I emailed asking why they said to call I call they have no idea what I’m talking about went back and forth then they told credit bureau I disputed my paid and closed fresh start account! Which was NEVER even mentioned my score dropped ugh...then they stopped displaying my fico score altogether!!! I’m sooo frustrated! Lol...ugh

Re: Fingerhut credit increase

Anonymous — Mon, 26 Feb 2018 15:41:28 GMT

FH is my second oldest open card. They started me at $700 and its now $1800. While it is my lowest CL it has been good to me. FH updates with the CRA when you keep the card active. If you aren't purchasing FH stops reporting. Once a purchase is made, FH catches up on its reporting. I make a purchase two or three times a year. Look for the cheaper items with free shipping. I purchased some cheese and smoked meats twice last Fall that were below the price including shipping from the originating vendor. They were very good and priced well. There is no AF. You get your FICO score for free. I will never knowingly close this card. Proud holder of a FH card, along with AmEx, Discover, Chase, Citi, US Bank, Barclay, Cap1... all of which total over $160K in total CL. Thank you FH for being part of this!