topic Re: Walmart Sync CLI DENIED....sad face in Credit Card Applications

Walmart Sync CLI DENIED....sad face

_NERD — Tue, 04 Aug 2015 21:24:26 GMT

Account opened in May, 600 SL. Card is at 94% utilization. Heard on the forum a CLI through WalMart chat is a soft pull, and another member got a CLI in the thousands while his card was nearly maxed out.

Shooting for the stars with a bazooka, I asked for $25,000 CLI and said I'd be willing to take a lesser amount.

Walmart gave me the finger. West Side.

Re: Walmart Sync CLI DENIED....sad face

Anonymous — Tue, 04 Aug 2015 21:32:52 GMT

I think 25k for Walmart is a bit too high to ask for right off the bat. Try 5k or 6k next time. As far as 94% util., that's also a bit high for any lender. Is that util reporting on you credit report?

Re: Walmart Sync CLI DENIED....sad face

_NERD — Tue, 04 Aug 2015 21:44:24 GMT

No. $507 reported. I can't stop the bleeding right now. Waiting for payday. Already made the payment for this statement too.

I'm under heavy artillery fire with all these high interest rates.

Re: Walmart Sync CLI DENIED....sad face

Anonymous — Tue, 04 Aug 2015 21:52:00 GMT

@ShortBus wrote:
No. $507 reported. I can't stop the bleeding right now. Waiting for payday. Already made the payment for this statement too.

I'm under heavy artillery fire with all these high interest rates.

If you make large purchases try to take advantage of their special financing offers when they're available. And I do know that every time I had usage on my Synch cards I got better CLIs than when I had no usage. But, I didn't get a CLI on my Walmart card until I had it for 9 months. I know many others get CLIs sooner than that, but it was my first Synch card (and first card after rebuild) so that could be why it took longer for me to get an increase. Once I finally got my first CLI, then I was able to get them every 4 months like clockwork.

Re: Walmart Sync CLI DENIED....sad face

trant3 — Tue, 04 Aug 2015 22:08:08 GMT

No one will extend credit with maxed out credit cards, you should probably stop charging and work on paying that down.

Re: Walmart Sync CLI DENIED....sad face

jeffm4688 — Tue, 04 Aug 2015 22:14:45 GMT

I started at $700 in june, asked for $2000 and got denied. I maxed it twice and PIF in that time frame (without letting it report). At least were both halfway to 4 month auto CLI's

Re: Walmart Sync CLI DENIED....sad face

Anonymous — Tue, 04 Aug 2015 22:24:25 GMT

@jeffm4688 wrote:
I started at $700 in june, asked for $2000 and got denied. I maxed it twice and PIF in that time frame (without letting it report). At least were both halfway to 4 month auto CLI's

I never received an auto increase on my Walmart card. Had to request it each time. I did receive auto increases on my Amazon card though.

Re: Walmart Sync CLI DENIED....sad face

_NERD — Tue, 04 Aug 2015 22:34:49 GMT

When I request a CLI via chat, do they review my other credit account balances on a soft pull? If not, could I just pay this Walmart account off first to zero balance & then apply for CLI again?

Re: Walmart Sync CLI DENIED....sad face

Anonymous — Tue, 04 Aug 2015 22:40:09 GMT

@ShortBus wrote:
When I request a CLI via chat, do they review my other credit account balances on a soft pull? If not, could I just pay this Walmart account off first to zero balance & then apply for CLI again?

I'm not sure what all they review when you ask via chat. I think you should just wait until 4 statements have cut and then try again - that's what I'd do.

Re: Walmart Sync CLI DENIED....sad face

BallBounces — Tue, 04 Aug 2015 23:04:05 GMT

@ShortBus wrote:
No. $507 reported. I can't stop the bleeding right now. Waiting for payday. Already made the payment for this statement too.

I'm under heavy artillery fire with all these high interest rates.

Your first priority should be paying down interest bearing CC balances.

Your next priority would then be paying down interest bearing CC balances.

Re: Walmart Sync CLI DENIED....sad face

Anonymous — Tue, 04 Aug 2015 23:11:39 GMT

@BallBounces wrote:
@ShortBus wrote:
No. $507 reported. I can't stop the bleeding right now. Waiting for payday. Already made the payment for this statement too.

I'm under heavy artillery fire with all these high interest rates.
Your first priority should be paying down interest bearing CC balances.
Your next priority would then be paying down interest bearing CC balances.

+1000. Been there, done that. Hard to get out from under high rates and high balances.

Re: Walmart Sync CLI DENIED....sad face

Anonymous — Tue, 04 Aug 2015 23:15:36 GMT

@ShortBus wrote:
When I request a CLI via chat, do they review my other credit account balances on a soft pull? If not, could I just pay this Walmart account off first to zero balance & then apply for CLI again?

Your scores are too low.You are lucky to have a card at all. Plus you don't want utilization on ANY of your accounts while you are in rebuilding stage over about 10-20% in order to raise your scores.

They look at your entire bureau during soft pulls. You have to take your highest REVOLVING limit into consideration when asking for a cli.

Pay that card down immediately to $100 and never let more than that show up by your due date. Do not charge on that card or your Capital One cards from the due date till the day after your statement closes. Keep your secured card reported balance at no more than $30, The $500 limit card no more than $50.

Wait till you get a cli with Capital One and it reports before asking for a Wal Mart cli and ask for $1100. Hopefully by then your scores across the board will be around 650.

If those Capital One cards break $1000, and you can get Wal Mart to $1100, then after another 4 months chat and ask for $2000.

Re: Walmart Sync CLI DENIED....sad face

Anonymous — Tue, 04 Aug 2015 23:23:14 GMT

@ShortBus wrote:
Account opened in May, 600 SL. Card is at 94% utilization. Heard on the forum a CLI through WalMart chat is a soft pull, and another member got a CLI in the thousands while his card was nearly maxed out.

Shooting for the stars with a bazooka, I asked for $25,000 CLI and said I'd be willing to take a lesser amount.

Walmart gave me the finger. West Side.

94% utilization si going to alarm them. Get the utilization down and you will get a different answer!

Plus, 94% utilization on a store card has to be killing you on interest. Don't do it!

Re: Walmart Sync CLI DENIED....sad face

Anonymous — Wed, 05 Aug 2015 00:17:48 GMT

Scores are too low. $25k seems wayyyy too high to ask when you have scores in the high 500s.

Wait and oay your cards down and use responsibly. 94% utilization is not good

Re: Walmart Sync CLI DENIED....sad face

empiror22 — Wed, 05 Aug 2015 15:55:00 GMT

swampy has it right. your over extended. You can't fix utility by getting more credit. it should be fixed by paying it down then after a while ask for a CLI. Creditors want to see responsible use of their cards. High utility asking for more money is not high on their list, especially if you have high utility on other cards/accounts which they see via soft or hard pulls.

Re: Walmart Sync CLI DENIED....sad face

ttleigh — Wed, 05 Aug 2015 18:11:05 GMT

I've had my Walmart card less than a year and have received 3 auto increases and 1 online requested increase. I started at a 1000 cal and now I am at $2200. My last increase was auto and was the biggest at $800 the other increases were around $100. I have found with Walmart that using the card a lot in a month and carrying a balance gets me an increase the next month. I have never been over 90% util but I was at around 75% until this last increase. So maybe just paying it down a little.