topic Re: AMEX CLI in Credit Card Applications

AMEX CLI

Swatch — Thu, 10 Jun 2021 08:36:41 GMT

Would I be more likely to get a good CLI if I wait 91 days versus 61 days?

If I do 61 or 91 that means my second or third statements haven't even been generated yet?

Re: AMEX CLI

Ficoproblems247 — Thu, 10 Jun 2021 12:36:41 GMT

Is this for your Delta Gold card? What is the SL on the card you're referring to? What negitive items are on your reports (COs, BK, most severe late status)?

Re: AMEX CLI

Swatch — Thu, 10 Jun 2021 19:45:58 GMT

Yes. $2000. Foreclosure which is almost at 2 years. I guess I will wait until after it's 2 years to request CLI.

Re: AMEX CLI

Ficoproblems247 — Thu, 10 Jun 2021 21:54:10 GMT

There is no reason not to request a CLI. They'll use either their most recent EX SP, or the previous one they performed to make the decision. If you're denied, you only have to wait 91 days until you can try again. I say go for it at 61 days and see what happens.

Re: AMEX CLI

Swatch — Thu, 10 Jun 2021 22:06:18 GMT

@Ficoproblems247 wrote:
There is no reason not to request a CLI. They'll use either their most recent EX SP, or the previous one they performed to make the decision. If you're denied, you only have to wait 91 days until you can try again. I say go for it at 61 days and see what happens.

Hm, what about if I am also trying to get another card?

Request CLI at 61 or 91 days, then apply for new card soon after? Or apply for new card anytime, then CLI request after? Or?

I am hoping to get FICO improvements by then, but I still might only be at 685-690. Hoping for low 700s.