topic Re: Rooms To Go/Synchrony - Oops, but in a good way! in Credit Card Approvals

Rooms To Go/Synchrony - Oops, but in a good way!

0REDSOX7 — Fri, 30 Aug 2019 00:35:58 GMT

So - my wife and I have been perusing some new furniture at Rooms To Go. While normally I am against these, the five years interest free is a nice touch - and always paid off in advance.

Given the large purchase was going to put me at 50% of my limit (only 8K), I decided to do a CLI.

Having wanting to request an additional 10K, thinking they would meet in the middle, I accidentally typed in 100K. Whoops.

Thinking an auto rejection and then having to call the recon line to explain to the rep why they should give more credit to someone who can’t type the appropriate amount of zeros on a CLI request.

Well, they didn’t decline it - nor accept it - but gave me 50K total credit limit. An increase of 42K.

W. T. Heck.

I’ll take it!

Re: Rooms To Go/Synchrony - Oops, but in a good way!

AllZero — Fri, 30 Aug 2019 00:38:24 GMT

Fantastic!!! Congratulations on your CLI.

Re: Rooms To Go/Synchrony - Oops, but in a good way!

Anonymous — Fri, 30 Aug 2019 00:41:20 GMT

@0REDSOX7 wrote:
So - my wife and I have been perusing some new furniture at Rooms To Go. While normally I am against these, the five years interest free is a nice touch - and always paid off in advance.

Given the large purchase was going to put me at 50% of my limit (only 8K), I decided to do a CLI.

Having wanting to request an additional 10K, thinking they would meet in the middle, I accidentally typed in 100K. Whoops.

Thinking an auto rejection and then having to call the recon line to explain to the rep why they should give more credit to someone who can’t type the appropriate amount of zeros on a CLI request.

Well, they didn’t decline it - nor accept it - but gave me 50K total credit limit. An increase of 42K.

W. T. Heck.

I’ll take it!

$50K on Rooms To Go... Interesting, I thought only Lowes went that high.

Re: Rooms To Go/Synchrony - Oops, but in a good way!

0REDSOX7 — Fri, 30 Aug 2019 00:43:18 GMT

Sync won’t give me more than 5,000 for Lowe’s, but RTG and Care Credit now account for 80K of my credit availability.

Re: Rooms To Go/Synchrony - Oops, but in a good way!

UH_HUH — Fri, 30 Aug 2019 00:43:47 GMT

Congratulations to you and the wife! Wish I got

that kind of reward for my typos :-)

Cheers

Re: Rooms To Go/Synchrony - Oops, but in a good way!

GApeachy — Fri, 30 Aug 2019 00:53:41 GMT

OH gimme your DP's....Dang!!!!!!!

Re: Rooms To Go/Synchrony - Oops, but in a good way!

Jnbmom — Fri, 30 Aug 2019 01:06:34 GMT

I thought synch’s max limit was 100k ?? At least that’s what they told me?

Congrats on your massive line

Re: Rooms To Go/Synchrony - Oops, but in a good way!

AverageJoesCredit — Fri, 30 Aug 2019 01:46:35 GMT

Big Congrats

Now, me personslly i would never hold up half of a possible 100k in credit with Sync tied up in a store card that if you dont use it for a year or more might just close it on you, and Care Credit. 2 lines that even if used shouldnt need that high amounts. Just know even if another creditor saw a 50k limit card because its a store card most likely wont pry bigger cli from them. Just a couple thoughts. Enjoy that massive approval , might wsnt to consider reducing it though lol

Re: Rooms To Go/Synchrony - Oops, but in a good way!

AverageJoesCredit — Fri, 30 Aug 2019 01:47:41 GMT

@Jnbmom, that is correct, 100k is max exposure for Sync, with a few exceptions.

Re: Rooms To Go/Synchrony - Oops, but in a good way!

0REDSOX7 — Fri, 30 Aug 2019 10:40:08 GMT

Well, this is all good information.

My total max exposure with Sync currently is under 100K - so, between my three cards; I don’t foresee myself going beyond.

I think after I make my purchase with RTG, I’ll lower it down to my intended want of 18K and go from there.

Thank you all for this input.

Re: Rooms To Go/Synchrony - Oops, but in a good way!

CreditCuriosity — Fri, 30 Aug 2019 13:01:44 GMT

Wow huge increase without income verification from them.. You can buy out half their store with that CL