topic Re: Discover Card CLI in Credit Cards

Discover Card CLI

MrCredit — Sat, 15 Nov 2008 22:59:03 GMT

Can anybody give me some feedback on recommendations to get a Discover CLI? I have had my card for a year now always PIF and I still have a $1k limit. Scores are in the 650 range. I have tried but they want a full app to pull a bureau. I never see any softs on my bureaus from them. Can anybody recommend what kind of activities to perform with the card that would urge them to increase the limit. I have never went over 50% util

Re: Discover Card CLI

score_building — Sat, 15 Nov 2008 23:09:00 GMT

1. get your scores up over 720 (when i researched their card offeringssome time ago i found they routinely deny applicants in your current score range.)

they also look closely at income and DTI from what i understand.

Re: Discover Card CLI

MrCredit — Sat, 15 Nov 2008 23:11:45 GMT

I had a 705 EQ when i got it, some baddies came back on my file medical collections... etc. I had a CH 13 4 years ago and had to get the card via talking to a girl in recon. It turns out a little sweet talk goes a long way.

Re: Discover Card CLI

MrCredit — Sat, 15 Nov 2008 23:12:12 GMT

They would only be going off of the bureau when i applied, they have not pulled a soft on all three.

Re: Discover Card CLI

Anonymous — Sun, 16 Nov 2008 00:22:07 GMT

I opened my account in March and the only soft I see is on my TU for Novemeber and it was before I called the automated line for an increase.

They do like to see some use and payment history. I am sure the income and scores factor in, but my income is nothing to brag about so I do expect to hit their ceiling soon. My FICO's are all over 700. (TU is at 766)

Maybe call and ask what you can do to be eligible for an increase, so you can know for sure. The CSR's have always been helpful when I have called for anything.

Re: Discover Card CLI

MrCredit — Sun, 16 Nov 2008 02:35:12 GMT

I wonder if it matters the amount you put in for a request. I used the automated system and asked for $200. 20% of my CL. I wonder if I should call and try again and put like 100.... everytime I have done it in the past "We need more information to approve your request" and then it transfers me to a rep, I hang up before that...

Re: Discover Card CLI

Anonymous — Sun, 16 Nov 2008 04:47:28 GMT

MrCredit wrote:
I wonder if it matters the amount you put in for a request. I used the automated system and asked for $200. 20% of my CL. I wonder if I should call and try again and put like 100.... everytime I have done it in the past "We need more information to approve your request" and then it transfers me to a rep, I hang up before that...

Why do you hang up? You can't complain about not getting a CLI if you won't even see the request procedure through to the end.

Re: Discover Card CLI

MrCredit — Sun, 16 Nov 2008 04:48:56 GMT

Because I dont want a hard pull. I was just seeing if they will allow a CLI with a soft., if you give full app they will pull a hard on EX.

Re: Discover Card CLI

MrCredit — Sun, 16 Nov 2008 04:49:23 GMT

When you get transferred to a rep=Full app

Re: Discover Card CLI

Anonymous — Sun, 16 Nov 2008 04:51:44 GMT

MrCredit wrote:
When you get transferred to a rep=Full app

That is not a hard and fast rule with Discover. They do soft pull CLIs through reps, too.

Re: Discover Card CLI

Anonymous — Sun, 16 Nov 2008 05:56:40 GMT

@Anonymous wrote:
@MrCredit wrote:
When you get transferred to a rep=Full app

That is not a hard and fast rule with Discover. They do soft pull CLIs through reps, too.

This is true. When I called to see if I could get an increase in July, I didn't use the automated number, but opted to speak with someone to kinda get a feel with what I could get and if I could get an increase at that time. The CSR asked me what I would like my CL to be and I said 3k, and he said that was perfect and approved me for that with a review of my account only. The limit was 1.7k when I started with it.

Personally, on the most recent increase, I didn't want to risk a CSR since I got the line bumped 4 months ago but was testing the automated line for CLI and it happened to work for me.

This is why sharing information here can be so useful.

Message Edited by stef37 on 11-15-2008 09:56 PM