topic Luv Button Question in Credit Cards

Luv Button Question

Anonymous — Sun, 17 Jul 2016 03:39:28 GMT

My store card was at $800. I hit the luv button and it went up a couple hundred. So, I went back and hit the button several more times up to $2500.

Is this frowned upon by the lender and can cause adverse action?

Re: Luv Button Question

Anonymous — Sun, 17 Jul 2016 03:50:28 GMT

Which card and who is the lender?

Re: Luv Button Question

Anonymous — Sun, 17 Jul 2016 03:54:28 GMT

Overstock store card from Comenity

Re: Luv Button Question

Anonymous — Sun, 17 Jul 2016 04:25:10 GMT

Oh ok. I am not quite sure as I do not have any commenity backed cards. Maybe another member can help you more.

Re: Luv Button Question

Anonymous — Sun, 17 Jul 2016 06:52:08 GMT

If they didn't want you to have it, they would deny the increase. Banks have been doing some funky stuff lately so if I get an increase, I tend to leave it alone for awhile (at least 30-60 days). Just don't immediately run the card up to the new limit. That'd be the only solid red flag.

Re: Luv Button Question

coldnmn — Sun, 17 Jul 2016 12:53:32 GMT

Comedity had been known to do multiple CLIs for a long time. They continue until 7-10 day notice.

Re: Luv Button Question

elim — Sun, 17 Jul 2016 13:49:03 GMT

@coldnmn wrote:
Comedity had been known to do multiple CLIs for a long time. They continue until 7-10 day notice.