topic Re: Odd CreditOne CLI Approval in Credit Card Approvals

Odd CreditOne CLI Approval

Anonymous — Mon, 13 Apr 2020 18:34:32 GMT

So i was declined for a CLI on my credit one credit card account. I've had this card for over a year always carried a balance always paid on time.

I applied for a credit line increase 4-5 months ago and the reason was too high on the cl and i only paid min payments. So I paid it way down, used the card more and instead of 25/mo i started sending 50/mo i tried again. Now the reason is too many inqs.

So i totally understand im a 580-620 score and that im not the most favoriable but since i started rebuilding in 2018 i havent missed a single payment on any credit card or loan product ive had and during a pandemic you want to decline me over inqs? H*** yeah i have inqs. I have 3 unsecured credit cards with under 1,000 per card limits lol. Do you know what 300 dollars gets you at a store?

Anyway. Recently i got a DCU approval for 1,500 so i used it as ammo. I call up and complain about my decline reason, is there a manual review etc etc she puts me on hold and says sorry there isnt anything i can do for you. I said well i think im done here and she cuts me off and starts her well thank you for calling... I said no i think im done with this card. I've recieved more favorable cards from other banks now including my credit union with a 4 figure credit limit. If you can't get my limit raised i'd like to close the card now.

She puts me on hold and comes back in 5 minutes and says "Sir if you don't close the card i can give you a 100 dollar CLI." You know i was so excited i got my first cli since i started rebuilding my credit i didnt even ask for more i just said ok and took it. So now my card went from a 300 CL to a 400 CL. I feel dumb lol.

If you are young and are reading this don't be stupid with your credit. Do let sh*t go to collections. Don't say "oh i can pay that later" I'm 32, i live with my inlaws and i cant qualify for a mortgage. The one thing you can control in your life is your credit. Make it stellar.

-Tom

Re: Odd CreditOne CLI Approval

AllZero — Mon, 13 Apr 2020 18:34:23 GMT

Congratulations on your CLI!

Re: Odd CreditOne CLI Approval

CreditAggie — Mon, 13 Apr 2020 18:41:38 GMT

Congratulations on your Credit One CLI!

Re: Odd CreditOne CLI Approval

UH_HUH — Mon, 13 Apr 2020 18:43:51 GMT

Maybe I am old school,but $100.00 is a $100.00

Congratulations on your increase,

Enjoy it :-)

Cheers

Re: Odd CreditOne CLI Approval

Anonymous — Mon, 13 Apr 2020 18:44:56 GMT

A 100 is a 100 no doubt but with this card its also only 2 times the annual fee as a CLI lol

Re: Odd CreditOne CLI Approval

Anonymous — Mon, 13 Apr 2020 18:48:33 GMT

Congrats on your CLI. I wish I could go back in time to tell my younger self a thing or two.

Re: Odd CreditOne CLI Approval

Remedios — Mon, 13 Apr 2020 18:56:51 GMT

@Anonymous no one marked your post as spam.

Filter will at times flag posts from new members doing edits.

Your post has been restored.

Congrats on your increase

Re: Odd CreditOne CLI Approval

Anonymous — Mon, 13 Apr 2020 18:58:42 GMT

@Remedios

Thanks! I was like why would someone kill my epic defeat! LOL

Re: Odd CreditOne CLI Approval

magixnite — Mon, 13 Apr 2020 19:01:04 GMT

I laughed when reading this 😂

Im 22 and thankfully I have a mom who told me how to properly use them. Thank you for sharing and as long as you're happy with the CLI that's all that matters. Congrats!!

Re: Odd CreditOne CLI Approval

Remedios — Mon, 13 Apr 2020 19:24:45 GMT

@Anonymous wrote:
@Remedios

Thanks! I was like why would someone kill my epic defeat! LOL

If I may suggest, you might want to stop by rebuilding forum and see if anything can be done about boo boos on your credit report.

I'm yet to see anyone who couldn't be helped at least somewhat

https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/bd-p/rebuildingcredit

Re: Odd CreditOne CLI Approval

Anonymous — Mon, 13 Apr 2020 19:48:57 GMT

Congrats on your Credit One increase!

Re: Odd CreditOne CLI Approval

Anonymous — Mon, 13 Apr 2020 20:30:37 GMT

Congratulations on your CLI! 👍

Re: Odd CreditOne CLI Approval

Mr_Mojo_Risin — Mon, 13 Apr 2020 20:56:51 GMT

Man you had me loling!! Btw I know what you mean by being young and dumb with the credit.

Congrats on the CLI!!!!🤟

Re: Odd CreditOne CLI Approval

M_Smart007 — Mon, 13 Apr 2020 22:16:14 GMT

Congratulations!

Re: Odd CreditOne CLI Approval

Anonymous — Mon, 13 Apr 2020 22:24:31 GMT

$300, depending on your taste, can get you 1 thing or it can get you a couple things lol.

I would just leave this account alone, garden for a while. Then in a couple months see if you prequalify for a better card.

creditone sucks. I think this card tops out at a low limit. I think this is why your increases aren't going to be so big. Had this card in the past. Closed now.

And yes, wish my parents taught me about managing credit when I was younger. Instead they just spoiled me. Hurt my credit lol.

Re: Odd CreditOne CLI Approval

Anonymous — Tue, 14 Apr 2020 02:02:57 GMT

Congratulations! You proved yourself by earning your increase.

Re: Odd CreditOne CLI Approval

Anonymous — Tue, 14 Apr 2020 03:13:22 GMT

Honestly' I'm not sure what else i could do. None of it is fraud, its all from me being dumb. I've disputed everything on my report that is negitive out of 25-30 items i think i got 3-4 removed and i swear it was a fluke. I know on Experian i can't dispute anything anymore unless i submit "proof" something is different.

Re: Odd CreditOne CLI Approval

Meanmchine — Tue, 14 Apr 2020 04:00:31 GMT

Congrats !

Re: Odd CreditOne CLI Approval

Anonymous — Wed, 15 Apr 2020 01:09:12 GMT

Congrats on your cli. A cli is a cli, IMO.

Your last 2 paragraphs "knocked me out"😂😂! But seriously, I think it's time to "garden", pay off your bal on your cc's and "lay low" for a while. Also, look up the rebuilding thread and you won't be disappointed.
Congrats again and good luck on the rebuild!

Re: Odd CreditOne CLI Approval

cgeefly — Wed, 15 Apr 2020 10:36:20 GMT

Great Advice!

Some CLI is better than none at all!