topic Re: What does SL mean? in Credit Cards

What does SL mean?

jsucool76 — Sat, 11 Apr 2015 01:04:59 GMT

Forgive me if this is in the wrong place but it's something that's been bugging me for quite a bit now.

People say they got approved for <insert card here> with an SL of <insert amount here>.

I know SL is synonymous with credit limit..but what in god's name does "SL" stand for? I've been here for a while, and I still don't know this. lol.

Re: What does SL mean?

Anomalous — Sat, 11 Apr 2015 01:05:41 GMT

Starting limit

Re: What does SL mean?

jsucool76 — Sat, 11 Apr 2015 01:07:20 GMT

@Anomalous wrote:
Starting limit

That makes sense. I feel dumb now. Seems like an unnecessary term though, since if you've posted something like "Hey I just got approved for <card> with a CL of <amount>" it's pretty apparent that is your starting limit.

Darn you myfico for making me feel dumb.

Re: What does SL mean?

Anonymous — Sat, 11 Apr 2015 01:09:53 GMT

@Anomalous wrote:
Starting limit

I was thinking it was Spending Limit but I guess Starting makes more sense.

Re: What does SL mean?

jsucool76 — Sat, 11 Apr 2015 01:12:09 GMT

@Anonymous wrote:
@Anomalous wrote:
Starting limit
I was thinking it was Spending Limit but I guess Starting makes more sense.

Everyone should have to adhere to vocabulary and abbreviations that i understand. I don't like change. My way or the highway.

#KingOfTheCastle

#DeyTookErrJobssss

Re: What does SL mean?

Anonymous — Sat, 11 Apr 2015 01:12:38 GMT

@jsucool76 wrote:
@Anomalous wrote:
Starting limit
That makes sense. I feel dumb now. Seems like an unnecessary term though, since if you've posted something like "Hey I just got approved for <card> with a CL of <amount>" it's pretty apparent that is your starting limit.

Darn you myfico for making me feel dumb.

Not quite unnecessary, because it's not just used in the approve context. You will see people say (without a whole lot of justification or caveats!) "Get card X as it gives good SL and has SP CLIs every ....."

Re: What does SL mean?

Anonymous — Sat, 11 Apr 2015 01:13:55 GMT

@jsucool76 wrote:
@Anonymous wrote:
@Anomalous wrote:
Starting limit
I was thinking it was Spending Limit but I guess Starting makes more sense.
Everyone should have to adhere to vocabulary and abbreviations that i understand. I don't like change. My way or the highway.

#KingOfTheCastle

#DeyTookErrJobssss

Can you make a sticky so we can know what is allowed?

Re: What does SL mean?

jsucool76 — Sat, 11 Apr 2015 01:19:46 GMT

@Anonymous wrote:
@jsucool76 wrote:
@Anonymous wrote:
@Anomalous wrote:
Starting limit
I was thinking it was Spending Limit but I guess Starting makes more sense.
Everyone should have to adhere to vocabulary and abbreviations that i understand. I don't like change. My way or the highway.

#KingOfTheCastle

#DeyTookErrJobssss
Can you make a sticky so we can know what is allowed?

Anything is allowed as long as it's used in a positive way and is talking nicely about me....other than that...nothing except good offers that I should apply for.

Examples of Allowed Material:

- "That jsucool76 guy is really cool"

- "Hey, jsucool76, there's an offer for 500,000 membership rewards points on the amex platinum with a waived AF for life"

Examples of Prohibited Material:

- "Just got approved for the ....... card"

- "Amex FR'd Me"

- "Chase closed all my accounts"

- "I'm 12 years old, and I have 500,000,000 in available credit and 15 centurion cards"

On another note, I'm the next featured marriott rewards insider Yay Me!

Re: What does SL mean?

Anomalous — Sat, 11 Apr 2015 01:20:15 GMT

@jsucool76 wrote:
@Anomalous wrote:
Starting limit
That makes sense. I feel dumb now. Seems like an unnecessary term though, since if you've posted something like "Hey I just got approved for <card> with a CL of <amount>" it's pretty apparent that is your starting limit.

Darn you myfico for making me feel dumb.

Don't feel that way. I'm assuming that's what it means based on how it's used in posts. It's not on the abbreviation list posted in the Credit Card forum sticky.

Re: What does SL mean?

jsucool76 — Sat, 11 Apr 2015 01:21:16 GMT

@Anomalous wrote:
@jsucool76 wrote:
@Anomalous wrote:
Starting limit
That makes sense. I feel dumb now. Seems like an unnecessary term though, since if you've posted something like "Hey I just got approved for <card> with a CL of <amount>" it's pretty apparent that is your starting limit.

Darn you myfico for making me feel dumb.
Don't feel that way. I'm assuming that's what it means based on how it's used in posts. It's not on the abbreviation list posted in the Credit Card forum sticky.

That means it's not a barry approved abbreviation.

#DownWith"SL"

Re: What does SL mean?

Anomalous — Sat, 11 Apr 2015 01:23:11 GMT

Re: What does SL mean?

elim — Sat, 11 Apr 2015 01:24:53 GMT

@jsucool76 wrote:
@Anonymous wrote:
@jsucool76 wrote:
@Anonymous wrote:
@Anomalous wrote:
Starting limit
I was thinking it was Spending Limit but I guess Starting makes more sense.
Everyone should have to adhere to vocabulary and abbreviations that i understand. I don't like change. My way or the highway.

#KingOfTheCastle

#DeyTookErrJobssss
Can you make a sticky so we can know what is allowed?
Anything is allowed as long as it's used in a positive way and is talking nicely about me....other than that...nothing except good offers that I should apply for.

Examples of Allowed Material:

- "That jsucool76 guy is really cool"
- "Hey, jsucool76, there's an offer for 500,000 membership rewards points on the amex platinum with a waived AF for life"

Examples of Prohibited Material:
- "Just got approved for the ....... card"
- "Amex FR'd Me"
- "Chase closed all my accounts"
- "I'm 12 years old, and I have 500,000,000 in available credit and 15 centurion cards"

On another note, I'm the next featured marriott rewards insider Yay Me!

hehe :]

Re: What does SL mean?

Anonymous — Thu, 06 Aug 2020 15:50:01 GMT

I just googled and saw your post. I'm glad you asked because I was lost on the SL meaning lol.