topic Re: Interesting Wells Fargo cli process in Credit Card Applications

Interesting Wells Fargo cli process

AverageJoesCredit — Mon, 05 Aug 2019 17:39:58 GMT

Just checking if i could possibly get a sp cli for my Propel. Interestingly, you can go through the first csr with all your info to see if they can approve you via soft pull. If their system can't do so they tell you a hp would be required and if you consent would send you over to a credit specialist. Pretty sweet. I couldnt get an sp so i just cancelled and went about my day. Very friendly call with the csr. Just thought id add it out there if anyone was thinking of apping a cli. Seems you will have choice to proceed before a hp is done

Re: Interesting Wells Fargo cli process

Winesnoblv — Mon, 05 Aug 2019 21:06:07 GMT

Yes, I found the same to be true when I received a cli last month. I found the csr to be very knowledgeable. I began by asking the csr if it would be a sp or hp, he stated they would first attempt a sp. If it was declined, I could decide if I wanted a hp pull. Like you, I didn't want a hp. I gave him my info, and was somewhat surprised when he said your cli was approved with a sp. I only had the card for a little over 6 months, but had the SUB in less than 2 months.

Re: Interesting Wells Fargo cli process

AverageJoesCredit — Mon, 05 Aug 2019 21:23:49 GMT

Yeah, i think once somebody sees my report, then sees my income, its over before it begin lol. .

Re: Interesting Wells Fargo cli process

JR_TX — Wed, 07 Aug 2019 00:53:39 GMT

@AverageJoesCredit wrote:
Just checking if i could possibly get a sp cli for my Propel. Interestingly, you can go through the first csr with all your info to see if they can approve you via soft pull. If their system can't do so they tell you a hp would be required and if you consent would send you over to a credit specialist. Pretty sweet. I couldnt get an sp so i just cancelled and went about my day. Very friendly call with the csr. Just thought id add it out there if anyone was thinking of apping a cli. Seems you will have choice to proceed before a hp is done

Thanks AJC for that DP!

Was just thinking about hitting them up for a SP CLI though I might wait til next month when my Propel hits it’s anniv for a better chance.

Re: Interesting Wells Fargo cli process

JR_TX — Wed, 07 Aug 2019 03:34:12 GMT

Well the itch got the better of me. Again.

Just got off the phone with a very friendly and knowledgeable WF CSR. CLI of $5K from 10-15K.

Everything that @AverageJoesCredit detailed on his post was actually what went down to a T!

Props to your post and thanks my friend AJC!

Re: Interesting Wells Fargo cli process

AverageJoesCredit — Wed, 07 Aug 2019 12:04:23 GMT

Great job @JR_TX . Thats how you do it. Enjoy that really good cli

Re: Interesting Wells Fargo cli process

LakeLife — Wed, 07 Aug 2019 12:32:22 GMT

Congrats, and from what I'm hearing the love button on the website works in a similar fashion.

Re: Interesting Wells Fargo cli process

Anonymous — Wed, 07 Aug 2019 14:36:53 GMT

@LakeLife wrote:
Congrats, and from what I'm hearing the love button on the website works in a similar fashion.

I know of no love button on WF -- where is this located?

Re: Interesting Wells Fargo cli process

LakeLife — Wed, 07 Aug 2019 14:40:11 GMT

@Anonymous wrote:
@LakeLife wrote:
Congrats, and from what I'm hearing the love button on the website works in a similar fashion.

I know of no love button on WF -- where is this located?

I'm looking and don't see anything. I could have read it wrong or just be mistaken. It also could have been wishful thinking on my part, because I dispise calling CS for CLIs.

Re: Interesting Wells Fargo cli process

Anonymous — Wed, 07 Aug 2019 14:41:00 GMT

@AverageJoesCredit wrote:
Just checking if i could possibly get a sp cli for my Propel. Interestingly, you can go through the first csr with all your info to see if they can approve you via soft pull. If their system can't do so they tell you a hp would be required and if you consent would send you over to a credit specialist. Pretty sweet. I couldnt get an sp so i just cancelled and went about my day. Very friendly call with the csr. Just thought id add it out there if anyone was thinking of apping a cli. Seems you will have choice to proceed before a hp is done

Good info, Joe.

When I called in a couple of weeks ago & was not given a SP CLI, I asked to speak to a credit specialist to talk about it. One interesting bit that came from that conversation (note: talk only; no HP) was she quickly quoted my YTD spend ($3100) which when stacked against my CL ($7500) did not justify a CLI in her eyes.

"Charge and pay" and get back to us was her advice.

Re: Interesting Wells Fargo cli process

Anonymous — Wed, 07 Aug 2019 14:42:39 GMT

@LakeLife wrote:
@Anonymous wrote:
@LakeLife wrote:
Congrats, and from what I'm hearing the love button on the website works in a similar fashion.

I know of no love button on WF -- where is this located?
I'm looking and don't see anything. I could have read it wrong or just be mistaken. It also could have been wishful thinking on my part, because I dispise calling CS for CLIs.

Me too.

But I hate no CLI luv more so call I do. lol

Re: Interesting Wells Fargo cli process

RSX — Wed, 07 Aug 2019 15:49:40 GMT

I calle in and received a 33% increase (up $4k)

i have had the card since 2015 with no increases.

The call was under 10min

Re: Interesting Wells Fargo cli process

LooksAreDeceiving — Sat, 10 Aug 2019 18:05:11 GMT

This interested me, since I recently acquired the Propel (3-27-19, 3k SL) and was hoping for an increase. So much, in fact, that I had already called WF in regards to this very question about a month ago (7-5).

At that time, the CSR told me that if I initiated a request, it may be done with a SP, but if the request was declined, a HP would be initiated automatically as part of a one-step process. Since I didn't want the HP, I declined.

After reading of your experience, I decided to call WF again today, where the CSR repeated what I had been told previously -- basically, I roll the dice, and can't stop initiation of the HP if they decide it's required (i.e. SP declines my increase). Since I'm interested in apping for another card soon, I once again declined.

Not sure why my experience is different, since I even explicitly inquired as to why they couldn't just stop the process if/when the SP was declined. Maybe I'm talking to the wrong people.

Anyway, just wanted to share my experience. Obviously (and unfortunately, in my case), YEMV.

Re: Interesting Wells Fargo cli process

M_Smart007 — Sun, 11 Aug 2019 00:54:57 GMT

@AverageJoesCredit wrote:
Just checking if i could possibly get a sp cli for my Propel. Interestingly, you can go through the first csr with all your info to see if they can approve you via soft pull. If their system can't do so they tell you a hp would be required and if you consent would send you over to a credit specialist. Pretty sweet. I couldnt get an sp so i just cancelled and went about my day. Very friendly call with the csr. Just thought id add it out there if anyone was thinking of apping a cli. Seems you will have choice to proceed before a hp is done

Did not see this thread till today. I called last night for 2 WF cards. EXACTLY how @AJC put it.

NO SP on either card. I declined to go further. No HP's for Me

Re: Interesting Wells Fargo cli process

Anonymous — Sun, 11 Aug 2019 08:24:11 GMT

@M_Smart007 wrote:
@AverageJoesCredit wrote:
Just checking if i could possibly get a sp cli for my Propel. Interestingly, you can go through the first csr with all your info to see if they can approve you via soft pull. If their system can't do so they tell you a hp would be required and if you consent would send you over to a credit specialist. Pretty sweet. I couldnt get an sp so i just cancelled and went about my day. Very friendly call with the csr. Just thought id add it out there if anyone was thinking of apping a cli. Seems you will have choice to proceed before a hp is done
Did not see this thread till today. I called last night for 2 WF cards. EXACTLY how @AJC put it.
NO SP on either card. I declined to go further. No HP's for Me

Read it on a post in this thread ... "spend" ...

Re: Interesting Wells Fargo cli process

AverageJoesCredit — Sun, 11 Aug 2019 13:48:04 GMT

One reason im reluctant to push WF for a cli. Not enough spend. How do i explain to a csr i need a cli on my 3k Propel when im using $45 on recurring bills? i could tell them im a real MFer an average one at though😆

Re: Interesting Wells Fargo cli process

Anonymous — Sun, 11 Aug 2019 21:59:03 GMT

Hum at 4 months in and pretty high usage over 60% and PIF every month should I attempt a SP CLI? Seems like it will be a deninal due to my thin file.

Perhaps I should wait at least 2 more months?

Re: Interesting Wells Fargo cli process

AverageJoesCredit — Sun, 11 Aug 2019 22:31:56 GMT

One thing i thought to be standard, i could be wrong, is WF usually likes a year history with a card before entertaining cli requests?. I know some probably get it sooner if any but most likely seasoned WF customers or high spenders. Just a thought.

Re: Interesting Wells Fargo cli process

credit_endurance — Sun, 11 Aug 2019 22:50:44 GMT

Just wanted to share my experience as well as thank AJC for the tip.

Got approved for this card last year being LOL/24 at a time where WF was supposedly frowning upon many new accounts opened with no usage. SL was $3.5k which I was grateful but, still it was eating at me try and get this thing raised up. CSR grilled me on my many accounts opened within last 6 month With not much usage to warrant an cli. So moved on with that explanation. Even sd’er the card and put not one dime of spendage as well as missing out on the sub $3k spend for 30k MR 😂 to prove a point.

Called in last week after viewing the thread and CSR went through all the verbiage about sp first if system accepted it. System came back with a $2.5k increase to $6,200! Will take that especially after sd’er the card to prove a point lol!....guess it worked😁

Re: Interesting Wells Fargo cli process

AverageJoesCredit — Mon, 12 Aug 2019 00:59:57 GMT

Congrats Bruiser I couldnt get a sub due to my Sub on Cash Wise but for someone like you, a true MFer , missin a sub is tantamount to not applying for the Apple card if you have an iphone lol.