topic Re: Have you stopped asking for CLIs? in Credit Card Applications

Have you stopped asking for CLIs?

masscredit — Sun, 01 May 2016 18:30:38 GMT

Have your cards grown to a point where your happy with your limits so you've stopped asking for CLIs?

Re: Have you stopped asking for CLIs?

kdm31091 — Sun, 01 May 2016 18:49:58 GMT

For the most part yeah. All of my cards have usable enough limits for my spend levels so there's no real need to keep asking. I'd rather keep my overall exposure lower than go for CLIs that I don't need, since other lenders can raise an eyebrow if you are over exposed.

Re: Have you stopped asking for CLIs?

UncleB — Sun, 01 May 2016 18:50:55 GMT

@masscredit wrote:
Have your cards grown to a point where your happy with your limits so you've stopped asking for CLIs?

With a few cards, yes.

My limit with Belk is $5k, and since they don't sell bedding or furniture (at least in my area) there's really no reason for me to request the limit to be any higher.

I'm also pleased with my $15.3k CL on my NFCU MasterCard; I only use it occasionally, and I feel (personally) that it would be 'pushing it' for me to request a CLI on it due to my modest income and seldom use of the card.

I would like just a little more on several of my other cards, but I suspect within the next year or so I'll be at the point that I'll have enough, again for someone with my profile.

Re: Have you stopped asking for CLIs?

9CLINE — Sun, 01 May 2016 19:55:42 GMT

I have stopped asking,as my CL's got to where I could use them as I wish,,since I won't buy anything more than I can pay for at due date I definitely don't need or want anything higher than I have.

Re: Have you stopped asking for CLIs?

Anonymous — Sun, 01 May 2016 20:06:45 GMT

I have on some cards. I have some cards with 20K and my favorite chase with 18K. Once my AmEx gets to 5 figures then I will porbbaly stop with them. I like having a large limit but feel bad for nothing using them after paying bills, groceries and other miscellaneous things.

Re: Have you stopped asking for CLIs?

Anonymous — Sun, 01 May 2016 20:17:13 GMT

I've stopped, as I have more than enough available credit for my needs. I went through a run of being told no all the time, so I figure I'll just manage the credit I have and pick up some auto CLIs along the way. I'm also trying to let all my inquiries age off and I haven't applied for any new credit this year.

Re: Have you stopped asking for CLIs?

Anonymous — Sun, 01 May 2016 20:52:08 GMT

I need to get $7450 more, and then I'll stop.

Re: Have you stopped asking for CLIs?

Septrosh — Sun, 01 May 2016 20:56:41 GMT

Still working on my AMeX and CSP cards. The rest I'm happy with.

Re: Have you stopped asking for CLIs?

Man-Of-Steel — Sun, 01 May 2016 21:19:20 GMT

@masscredit wrote:
Have your cards grown to a point where your happy with your limits so you've stopped asking for CLIs?

For most of my cards, yes, I've stopped. I currently have 7 cards with a total CL of $96,700 and this is plenty for my spending. The only card that I'll likely continue to request CLIs for is my Citi ThankYou Premier. That's mostly because I'm hoping to PC it into a Double Cash later this year and then it would become a general spend card. The limit is currently $9,200.

Re: Have you stopped asking for CLIs?

Anonymous — Sun, 01 May 2016 22:47:30 GMT

Whatcha talking bout Willis.

Just being silly. I'm still rebuilding so I've still got a while to go on the credit line requests.

Re: Have you stopped asking for CLIs?

Anonymous — Sun, 01 May 2016 23:12:27 GMT

I've stopped asking, but that's only because they kept telling me no.

Re: Have you stopped asking for CLIs?

Loquat — Mon, 02 May 2016 00:32:18 GMT

I have for the most part. I've had others mention to me in other post that I could get more out of Sync with my TU score...but the truth is I don't use even half the limits that I have on their cards so I don't feel the need to ask for more. Unless my increases are auto, I'm done asking. I'm very comfortable with where I am at the moment.

Re: Have you stopped asking for CLIs?

taxi818 — Mon, 02 May 2016 00:47:39 GMT

@masscredit wrote:
Have your cards grown to a point where your happy with your limits so you've stopped asking for CLIs?

I stopped asking about 9 months ago. Once i hit the magic 200k mark, I decided i don't want any more. Im already carry a large balance for Some Taxes to uncle sam. I don't want to be bothered until i can bring these things down. I figure if im completely disciplined. I can bring it down in about 2-3 years. without hurting my savings for emergency. So no more temptations with asking for Increases. The easiest increase of all is Jcrew. Ive been at 10k for a year and have not asked for anything.

Re: Have you stopped asking for CLIs?

Anonymous — Mon, 02 May 2016 01:10:11 GMT

Yes, I have stopped asking. I really do have all the credit I need.

Re: Have you stopped asking for CLIs?

Anonymous — Mon, 02 May 2016 01:48:26 GMT

I still have awhile to go, my crappy cards will one day move into good cards. In therory I'd like to have fewer cards across a some lenders with high limits.

Re: Have you stopped asking for CLIs?

JSS3 — Mon, 02 May 2016 02:04:58 GMT

I've stopped asking on Synchrony cards. 5,000 on TWO store cards and 10,000 with their Visa/Mastercards. Think I'm at 40,000 exposure with them.

Stopped asking on my 6,000 Overstock with Comenity.

Re: Have you stopped asking for CLIs?

Anonymous — Mon, 02 May 2016 05:43:49 GMT

I'm still asking for some just get a little higher limits and close some of my lower limits cards. I think the least amount of cards with higher limits would be best for what I use them for.

Re: Have you stopped asking for CLIs?

Rebuilding69 — Mon, 02 May 2016 05:46:35 GMT

New phone auto complete is really annoying. You never know what your post will actually show.

Re: Have you stopped asking for CLIs?

Berk — Mon, 02 May 2016 16:49:48 GMT

I stopped about a year ago. I have hit my max exposure with 3 lenders and I don't come close to maxing out any of my other cards so I'm good for now. No plans of opening any more accounts either.

Re: Have you stopped asking for CLIs?

Involver — Mon, 02 May 2016 17:10:48 GMT

I do so with much less frequency than 18 - 24 months ago. I do have an Amex SP CLI coming up in a few days but other than that just letting things grow on their own. I'll probably request 40k with the FIA Amex before the move to Elan is completed but no other HP requests.