topic Re: Comenity CLI in Credit Card Approvals

Comenity CLI

RickyRay — Wed, 15 May 2019 20:01:57 GMT

I just got a approved for Wayfair $750 cl
And a over stock for $250 cl. Strange that the difference between the limits. I have a Blair card since 2013, only $500 cl. Wayfair had outside shed's. I needed $3,000 for the shed. So I got a sweet deal from Affirm financing. Approved for 5,000 then I decided not to buy the shed and just financed a $169 toilet. LoL. Affirm and Wayfair seemed to be in competition to get my business. Affirm offered 12 month financing @17 month, and refund on interest. So strange. I just took the Affirm deal. That $750 card will help my credit score and utilation. Anyway will Wayfair give high limits for scores in the 650s?
Over stock just won't do over $250 until 6 months or more of on time payment's.
I'm just trying to build some good credit.
Also I hear Affirm only reports to Experian.
And list as some loan or fixed loan. After I get that paid off will that help my credit?
Or drop the scores?

Re: Comenity CLI

outofcredit — Wed, 15 May 2019 21:42:36 GMT

I opened my Wayfair account in July 2017 after receiving a "preapproval" letter in the mail. The starting CL was $500. My current CL is $7900. I have made one $40 purchase on the account since opening it. All the cli's have been via the luv button, no auto increases. My score at approval was around 630 and still remains in the lower 600's. If I recall correctly Wayfair offers special financing for orders over $250 when you use your Wayfair card for payment. I believe it 0% apr for 6, 12, 24 or 36 months depending on the amount of purchase. I'm not familiar with Affirm financing but it may possibly report to the CRA as a consumer finance loan which apparently MyFico doesn't like scorewise.

Re: Comenity CLI

GenesisLS — Wed, 15 May 2019 22:05:43 GMT

I opened Overstock and Wayfair cards via the sct in January with a $2k starting limit. A month later hit the love button on each and got bumped to $3.6k on each (sp). My scores were lower than now and probably low to mid 600's. That's where they stand now since I've only hit the love button 1 more time and they wanted my reports unfrozen #nothankyou

In March I got a Jcrew card (also Comenity) with a starting limit of only $250 and no CLIs yet so who knows the method to the madness.

Re: Comenity CLI

gdale6 — Wed, 15 May 2019 22:12:28 GMT

Affirm could report as installment. Any new accounts other than your first 3 revolvers opening tend to drop Fico temporarily. Installments are scored differently than revolvers and until we know how Affirm reports hard to tell you what may or may not happen. Grats on the new credit.

Re: Comenity CLI

RickyRay — Wed, 12 Jun 2019 00:42:41 GMT

I just got pre-approval from Toyota credit card from Comenity Bank. I took the deal.
It's a $1500 limit. May 2019. I found out that Trans Union had a split file on me.
They fixed it finally. I thought my scores would have gone up. Maybe they will eventually. I needed something to build credit, I had applied for a USDA loan. But
Backed out of it to garden my new credit.
They need at least 6 months of on time payment's to go with the other good accounts on my record. I have no derogatory or late payments... thanks to the information from my fico. Trans Union deleted all my inquiry stuff when they merged the files together. That's a plus.
I just can't get my long term accounts that I've had for over 6 year's to report on Trans Union or Equifax. Experian reports everything. I need some long accounts history on my records with tu and Equifax.
I have had a Blair comenity Capital Bank for almost 7 year's. I called them and asked if I could put myself as a authorised user, and they did. They could not get my account on the tu or eq either. The system kept rejecting it. So we are trying this to get some long term history on tu and Equifax. I have fako scores on credit karma. Tu at 565 and Equifax at 606.
Experian at 644. I have 4 inquiries on eq
5 on Experian. None on tu. No derogatory or late anywhere. USDA said that was ok just need to get some account history reporting on tu. Otherwise it's a no go. So I got three comenity Bank ones and got a credit one bank. I of course paid off the $75 for their crap. As soon as I get the USDA in 6 months, I am going to close the credit one bank Visa.I have to use the new accounts to create a 6 months payment history on them. So any suggestions. Did I do ok? I want a 700 score for the USDA loan. But I don't think I will ever get their.

Re: Comenity CLI

RickyRay — Wed, 12 Jun 2019 00:50:30 GMT

Also Affirm has not reported as of June.
I called them and they said they would report when the account was paid in 1 year as a installment loan. That's ok. I did not want that on their anyway. I got the new toilet with our using any utilation

Re: Comenity CLI

RickyRay — Wed, 12 Jun 2019 00:57:34 GMT

I love your mix of card's. That's cool. I got pre approval from khols but didn't take it.
I don't want any more hard inquiry. I just got 3 New cards from Comenity Bank.
I'm going to garden for 6 months now,
I going to get a USDA loan in 6 months.
So just waiting.

Re: Comenity CLI

RickyRay — Thu, 22 Aug 2019 00:22:05 GMT

Update...My scores have all been improving. Experian finally passed 700s
Equifax is 670. Still waiting for TU.
Anyway Affirm did report on Experian ad
a loan. I got approved for a $8500 cl with Discover it. Still waiting for the card. But very happy about it. Discover pulled Experian and Equifax. Nothing on TU.
So far my credit rebuild is going well. Hope to keep it that way.

Re: Comenity CLI

M_Smart007 — Thu, 22 Aug 2019 00:36:55 GMT

@RickyRay wrote:
Update...My scores have all been improving. Experian finally passed 700s
Equifax is 670. Still waiting for TU.
Anyway Affirm did report on Experian ad
a loan. I got approved for a $8500 cl with Discover it. Still waiting for the card. But very happy about it. Discover pulled Experian and Equifax. Nothing on TU.
So far my credit rebuild is going well. Hope to keep it that way.

Congrats, on your success!

Re: Comenity CLI

AverageJoesCredit — Fri, 23 Aug 2019 01:50:25 GMT

Grats

Re: Comenity CLI

Anonymous — Fri, 23 Aug 2019 02:59:13 GMT

Commenity is a strange bird. I tried online CLI's a couple of cards and the anwser was always NO! So after about 9 months or so of online requests every 30 days, I used the telephone number and Robo lady kept giving me CLI's until the card went from $250 to $5,000 and on a Bon Ton card, which went out of business, I was able to get the Robo lady to take my card from $250 to $30,000 in just over a year calling her every other month. So if you get no LUV from the button, try the Telephone Robo Lady. When she asks you what you want, just say, Credit Limit Increase, and she should come back and say, Sure I can help you with that.

Re: Comenity CLI

RickyRay — Sun, 08 Sep 2019 02:23:43 GMT

Got to love the robo lady🤫😊💟