topic Re: Discover CLI denial in Credit Card Applications

Discover CLI denial

micvite — Fri, 28 May 2021 09:48:38 GMT

Can someone chime in with a bit of wisdom to help me understand this, or is this just complete BS and they just want to give me a reason to say no?

32 total inquiries 6 in last year (will be 4 next month), none in last 6mo on TU.

I've NEVER gotten a cash advance on anything, ever, like never.

5 new acc in last year, 1 was auto loan and paid off and closed already, 1 is a motorcycle loan, 3cc (2 are store cards) and all accs are 11 mo already (this wasn't one of the denial reasons on the last letter I got last month)

Last month they said: too many inquiries, balances too high (everything was paid off) and recent usage on accounts was too high or something like that.

I'm starting to think they're just strict on CLIs rn, DW can't get one on her it either with a near 800 score 1250SL and her apple got an auto to 4800 from 2k and her ulta went from 1250-1750 as well. Same for me, everyone but disco gave me a CLI... going to try next month when my recent Inq and new accounts drops down and see what they can come up with next time...

Score pulled 726 at time of request.

Re: Discover CLI denial

babygirl1256 — Fri, 28 May 2021 10:41:29 GMT

I'm not sure if Disco is strict on CLIs right now but I received a "similiar" denial. My TU score is 799 and I was denied a CLI on 5/6/2021 . . . I may try again 6/6/2021 since it's a SP. My total credit line on 5/6/2021 was $47k, my utilization was 4.4% and AmEx granted me a 3x CLI on 5/22/2021 to bring my total AmEx CL to $15k. Disco said I have too many accounts with balances (I had 4); account opening was too short (I had 2 new accounts); number of inquiries on credit bureau (I had only 1 on TU, had only 1 on EQ and only 1 on EX ~ so is Disco counting 3 inquiries?) . . . It's ok -and- I'm not upset at all . . . I just don't understand Disco's reasoning!!!

Re: Discover CLI denial

micvite — Fri, 28 May 2021 18:24:22 GMT

@babygirl1256 wrote:
I'm not sure if Disco is strict on CLIs right now but I received a "similiar" denial. My TU score is 799 and I was denied a CLI on 5/6/2021 . . . I may try again 6/6/2021 since it's a SP. My total credit line on 5/6/2021 was $47k, my utilization was 4.4% and AmEx granted me a 3x CLI on 5/22/2021 to bring my total AmEx CL to $15k. Disco said I have too many accounts with balances (I had 4); account opening was too short (I had 2 new accounts); number of inquiries on credit bureau (I had only 1 on TU, had only 1 on EQ and only 1 on EX ~ so is Disco counting 3 inquiries?) . . . It's ok -and- I'm not upset at all . . . I just don't understand Disco's reasoning!!!

Check the other side of the letter for the reason, those reasons are what they think is "affecting" your credit score from being 850. The other side of the letter will have the reason for the denial. But if it says the same thing on the other side I guess they're still strict because of covid (heard they closed a lot of accounts and decreased SL a lot...)

Re: Discover CLI denial

babygirl1256 — Fri, 28 May 2021 11:03:08 GMT

It says, "INSUFFICIENT EXPERIENCE WITH CURRENT DISCOVER CARD CREDIT LIMIT" . . . Here's my Disco history: Credit limit increased to $3,500.00 effective 8/14/2020, credit score increased to 808. Credit limit increased to $4,600.00 effective 12/29/2020, credit score increased to 818. Credit limit increased to $5,600.00 on 3/7/2021, credit score increased to 827. I have read several posts where forum members were granted Disco CLIs every 30 days . . . but maybe it's more like every 90 days . . . I'm not sure.

Re: Discover CLI denial

micvite — Fri, 28 May 2021 11:09:41 GMT

@babygirl1256 wrote:
It says, "INSUFFICIENT EXPERIENCE WITH CURRENT DISCOVER CARD CREDIT LIMIT" . . . Here's my Disco history: Credit limit increased to $3,500.00 effective 8/14/2020, credit score increased to 808. Credit limit increased to $4,600.00 effective 12/29/2020, credit score increased to 818. Credit limit increased to $5,600.00 on 3/7/2021, credit score increased to 827. I have read on several posts where forum members were granted CLIs every 30 days . . . but maybe it's more like every 90 days . . . I'm not sure.

Ah in your case it's a matter of just not bringing the util up high enough during a statement period honestly. I've had that before, almost maxed out the card, PIF and next month got my CLI. (I think my disco started with 3500, one of my first credit cards, really generous for whatever reason lol... they balance chased me to 1900, recon back to 3500, balance chased to 2900 no recon, up to 3300 a few months later with score increase, kept getting the not enough experience message for a few months, brought util up to 3k paid it off and it went up to 4400 last year or so where it's been sitting... ) so your best bet is either wait the 90 days and see or if that still doesn't work put some big spend on it one month and pif before statement closes and you should be good.

Re: Discover CLI denial

AverageJoesCredit — Fri, 28 May 2021 11:16:22 GMT

Discover has been way more strict on cli for most since Pandemic. Unless you are either heavy spending or doing a big bt and then paying it off, chances are low at getting a cli. Even in best of times Discover has no rhyme or reason. I just keep smashing, eventually they gotta say yes

Re: Discover CLI denial

GApeachy — Fri, 28 May 2021 18:25:01 GMT

@micvite wrote:
I've NEVER gotten a cash advance on anything, ever, like never.

I'd call Disco about the Cash Advance excuse.....something seems amiss.

Re: Discover CLI denial

AverageJoesCredit — Fri, 28 May 2021 11:19:57 GMT

@babygirl1256 wrote:
It says, "INSUFFICIENT EXPERIENCE WITH CURRENT DISCOVER CARD CREDIT LIMIT" . . . Here's my Disco history: Credit limit increased to $3,500.00 effective 8/14/2020, credit score increased to 808. Credit limit increased to $4,600.00 effective 12/29/2020, credit score increased to 818. Credit limit increased to $5,600.00 on 3/7/2021, credit score increased to 827. I have read several posts where forum members were granted Disco CLIs every 30 days . . . but maybe it's more like every 90 days . . . I'm not sure.

Some years maybe but getting cli from Disco has always been a challenge since ive been here going back to 2016. One year there was a brief gravy train but thats long gone

Re: Discover CLI denial

micvite — Fri, 28 May 2021 18:25:26 GMT

@GApeachy wrote:
@micvite wrote:
I've NEVER gotten a cash advance on anything, ever, like never.

I'd call Disco about the Cash Advance excuse.....something seems amiss.

Yeah... but then again even before they were quoting high usage on revolving accounts, and another usage related thing I can't remember the words exactly, but basically too many accounts with balances...last December I paid everything off, have had 1-2 accounts with balances of 100-400$ (doing azeo with my citi DC, accidentally had my amex gold report because statement cut a day earlier than normal) but that's like 1% total util (17k total SL with AU cards or 15k on my own and I have 21 accs total, or 19 on my own)

Re: Discover CLI denial

Ficoproblems247 — Fri, 28 May 2021 18:25:52 GMT

@GApeachy wrote:
@micvite wrote:
I've NEVER gotten a cash advance on anything, ever, like never.

I'd call Disco about the Cash Advance excuse.....something seems amiss.

Cash advance could also be considered buying certain products/services that code as such, it doesn't have to be a straight up cash withdrawal at an ATM. Things such as betting websites, casinos, purchasing lottery tickets, rent payment services, currency exchanges, purchasing crypto, funding bank accounts, Venmo, some gift card funding, and money orders are just a few of a ton of stuff that COULD be considered a cash advance. The way that stuff codes is a YMMV situation. Most FIs seem to dislike such activity, even though they not only provide you with that option, but they even give you a separate limit to use for cash advance. While it is an option, I would definitely consider it one to be avoided if at all possible.

Re: Discover CLI denial

GApeachy — Fri, 28 May 2021 12:13:09 GMT

@Ficoproblems247 wrote:
Things such as betting websites, casinos, purchasing lottery tickets, rent payment services, currency exchanges, purchasing crypto, funding bank accounts, Venmo, some gift card funding, and money orders are just a few of a ton of stuff that COULD be considered a cash advance. .

Good info!

Re: Discover CLI denial

blindambition — Fri, 28 May 2021 14:41:42 GMT

Sorry about the CLI denial!! AJC is right about Discover. Not an easy code to crack, and they are particular on CLI.

That is a good amount of HP, even if they are no longer scorable. What else has your TU score lower than others?

Re: Discover CLI denial

micvite — Fri, 28 May 2021 17:06:35 GMT

@blindambition wrote:
Sorry about the CLI denial!! AJC is right about Discover. Not an easy code to crack, and they are particular on CLI.
That is a good amount of HP, even if they are no longer scorable. What else has your TU score lower than others?

Honestly I'd be 780-800 if not for a 30 day late from 3 years ago probably...

Re: Discover CLI denial

blindambition — Fri, 28 May 2021 17:18:47 GMT

@micvite wrote:
@blindambition wrote:
Sorry about the CLI denial!! AJC is right about Discover. Not an easy code to crack, and they are particular on CLI.
That is a good amount of HP, even if they are no longer scorable. What else has your TU score lower than others?
Honestly I'd be 780-800 if not for a 30 day late from 3 years ago probably...

Its possible that late was also considered. While some lenders won't factor as much after 2 years, that's not always true.

Re: Discover CLI denial

Remedios — Fri, 28 May 2021 20:00:06 GMT

Use your card consistently (a good portion of your limit) and you will get one eventually.

Pack of gum will no longer cut it with them.

If you feel like paying for CLI, Disco will frequently (no guarantees, of course) increase limit in the months following BT.

Re: Discover CLI denial

micvite — Fri, 28 May 2021 20:02:14 GMT

@Remedios wrote:
Use your card consistently (a good portion of your limit) and you will get one eventually.
Pack of gum will no longer cut it with them.

If you feel like paying for CLI, Disco will frequently (no guarantees, of course) increase limit in the months following BT.

I have been, put 2500 on it last month for gas, and around 1800 the month before. I'm fine with doing a BT just... never have a balance to transfer lol... it takes too long to process unless they can just wire it to my bank account...

Re: Discover CLI denial

Anonymous — Sun, 30 May 2021 03:56:18 GMT

@micvite wrote:
Can someone chime in with a bit of wisdom to help me understand this, or is this just complete BS and they just want to give me a reason to say no?

32 total inquiries 6 in last year (will be 4 next month), none in last 6mo on TU.
I've NEVER gotten a cash advance on anything, ever, like never.
5 new acc in last year, 1 was auto loan and paid off and closed already, 1 is a motorcycle loan, 3cc (2 are store cards) and all accs are 11 mo already (this wasn't one of the denial reasons on the last letter I got last month)

Last month they said: too many inquiries, balances too high (everything was paid off) and recent usage on accounts was too high or something like that.

I'm starting to think they're just strict on CLIs rn, DW can't get one on her it either with a near 800 score 1250SL and her apple got an auto to 4800 from 2k and her ulta went from 1250-1750 as well. Same for me, everyone but disco gave me a CLI... going to try next month when my recent Inq and new accounts drops down and see what they can come up with next time...

Score pulled 726 at time of request.

Honestly I think sometimes Credit card companies just put down a bunch of stuff for denials just for the sake of listing things whether it is right or wrong.

Re: Discover CLI denial

micvite — Sun, 30 May 2021 09:27:28 GMT

@Anonymous wrote:
@micvite wrote:
Can someone chime in with a bit of wisdom to help me understand this, or is this just complete BS and they just want to give me a reason to say no?

32 total inquiries 6 in last year (will be 4 next month), none in last 6mo on TU.
I've NEVER gotten a cash advance on anything, ever, like never.
5 new acc in last year, 1 was auto loan and paid off and closed already, 1 is a motorcycle loan, 3cc (2 are store cards) and all accs are 11 mo already (this wasn't one of the denial reasons on the last letter I got last month)

Last month they said: too many inquiries, balances too high (everything was paid off) and recent usage on accounts was too high or something like that.

I'm starting to think they're just strict on CLIs rn, DW can't get one on her it either with a near 800 score 1250SL and her apple got an auto to 4800 from 2k and her ulta went from 1250-1750 as well. Same for me, everyone but disco gave me a CLI... going to try next month when my recent Inq and new accounts drops down and see what they can come up with next time...

Score pulled 726 at time of request.

Honestly I think sometimes Credit card companies just put down a bunch of stuff for denials just for the sake of listing things whether it is right or wrong.

That's what I'm starting to think... next time just tell me: hey we don't wanna give you one, we don't like what you did with this card in the past and we think we have you too much and we're scared you're gonna ditch us🤣🤣

Re: Discover CLI denial

Remedios — Sun, 30 May 2021 16:27:27 GMT

I stopped asking when they "told" me the truth, which was "use what you got"

Given the limit on my card relative to use, they are absolutely right

I wouldn't give myself a CLI.

Sometimes it's all about lender extending as much credit as they are comfortable with. Use doesn't help there, SD doesn't help, only time does.

Re: Discover CLI denial

ChargedUp — Sun, 30 May 2021 22:26:31 GMT

Disco kept giving me the same "You're not giving us enough spend. " excuse for a while. I finally stuck a $5300 purchase through them and they gave a $7K increase that same month.

The 30 day and excessive inquiries are likely what's truly holding you back. If you've been using the card for anything that could be considered a cash equivalent, they evidently take notice of that as well (this is the first time I've seen the cash advance excuse used by Disco.). Discover likes being your daily driver and lately seems to require spend above what happens to be the 5% cats for the month.