topic Re: Lowes CLI in Credit Cards

Lowes CLI

Anonymous — Wed, 15 Feb 2017 18:54:58 GMT

With all of the Sychronny mess going on are people still able to call credit solutions immediately after approval to get a CLI on their Lowes card? If so, what kind of limit should I ask for?

Re: Lowes CLI

kuku4koco — Wed, 15 Feb 2017 19:00:11 GMT

You are one brave soul... I would ask what your credit exposure is with them already..? Can you really not live with what they gave you for a while?

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 19:22:51 GMT

I have not applied yet, waiting til we close on our house. I currently do not have any Synchronny cards but I've heard they usually give you a low CL at first.

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 19:24:53 GMT

Over 700 TU score, over 10k. Have a bunch of cards with that bank? Balances reporting on other accts? you should reconsider. If you don't then asking for more for home projects I don't see a problem but I'm not in charge.

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 19:26:25 GMT

Yeah not having any synchrony cards give the painfully low starting limit, but they do grow after several months. So buy new locks, some plants in the meantime until you can get it to grow.

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 19:40:09 GMT

OP, when calling credit solutions you can ask for an extremely high number (higher than you'll ever need/want) and they will always counter you with the most you can possibly get. Your scores are right about 700, so I'd imagine they'd give you around $10k... so I'd ask for $15k if I were you.

With scores around 725+ the sky is the limit with a Lowe's card.

I was approved with a 730-something score for $3000. I called credit solutions and immediately got it bumped to the $30k that I asked for. I probably left money on the table, but $30k is more than enough.

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 19:43:41 GMT

@Anonymous wrote:
OP, when calling credit solutions you can ask for an extremely high number (higher than you'll ever need/want) and they will always counter you with the most you can possibly get. Your scores are right about 700, so I'd imagine they'd give you around $10k... so I'd ask for $15k if I were you.

With scores around 725+ the sky is the limit with a Lowe's card.

I was approved with a 730-something score for $3000. I called credit solutions and immediately got it bumped to the $30k that I asked for. I probably left money on the table, but $30k is more than enough.

Is it best to apply in store and then call the number while standing there? We will need washer/dryer, refridgerator and other odds and ends. I was thinking they pull Equifax instead of TU?

Re: Lowes CLI

K-in-Boston — Wed, 15 Feb 2017 19:49:12 GMT

Op, I applied in November. Revolving balances around 85k and scores somewhere in the 710s that month. I applied online, got approved for like $4k, then immediately called the overseas (important!) credit solutions line, asked for $25k and they countered with $17k. I had just recently increased my Amazon by about $8k so that may have played into it also. Immediately called Citi to close my Home Depot card after that. They pulled TU for me (I am in MA obviously).

Re: Lowes CLI

rmduhon — Wed, 15 Feb 2017 20:04:22 GMT

I'd ask for 25k. Hubby's TU is 697 and Lowe's gave him 17k.

Re: Lowes CLI

UncleB — Wed, 15 Feb 2017 20:11:19 GMT

@K-in-Boston wrote:
Op, I applied in November. Revolving balances around 85k and scores somewhere in the 710s that month. I applied online, got approved for like $4k, then immediately called the overseas (important!) credit solutions line, asked for $25k and they countered with $17k. I had just recently increased my Amazon by about $8k so that may have played into it also. Immediately called Citi to close my Home Depot card after that. They pulled TU for me (I am in MA obviously).

^^^ This is a great data point.

@Anonymous wrote:
Is it best to apply in store and then call the number while standing there? We will need washer/dryer, refridgerator and other odds and ends. I was thinking they pull Equifax instead of TU?

There are pros and cons to each... some people prefer to apply in the store since if there are any ID issues they can take care of it on the spot, while others prefer to apply from home.

Also, if you apply from home (online) it's usually a TU HP, while if you apply in the store you might (?) be more likely to get a HP on EX. I don't recall reading/hearing about them pulling EQ, but I suppose that's possible, too.

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 20:25:30 GMT

There are pros and cons to each... some people prefer to apply in the store since if there are any ID issues they can take care of it on the spot, while others prefer to apply from home.

Also, if you apply from home (online) it's usually a TU HP, while if you apply in the store you might (?) be more likely to get a HP on EX. I don't recall reading/hearing about them pulling EQ, but I suppose that's possible, too.

Ok, I might need to apply in store then. The furniture store that we are getting most of our furniture from pulls TU so I'm trying to keep it spread out instead of everyone pulling the same bureau. You are right, I meant to say EQ

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 21:24:05 GMT

Correct, the vast majority of Lowe's online app HP's are to TU.

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 21:25:45 GMT

I wouldn't worry about spreading out HPs. How does your TU score compare to the other two? If your TU is higher, I'd apply online as they would have the best chance of seeing your top score.

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 23:20:44 GMT

When you're approved, call credit solutions and ask for $35K. That is the max they'll do before asking for POI. If they won't give you amount they will counter.

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 23:27:21 GMT

@Anonymous wrote:
I wouldn't worry about spreading out HPs. How does your TU score compare to the other two? If your TU is higher, I'd apply online as they would have the best chance of seeing your top score.

All 3 scores are the same. I thought it would hurt approval chances if the card issuer saw multiple inquiries within a short time frame (1-3 days).

Re: Lowes CLI

Anonymous — Wed, 15 Feb 2017 23:46:41 GMT

If I apply online will they give me a account number that I can use in store or would I need to wait until the card arrives in the mail?

Re: Lowes CLI

Gmood1 — Thu, 16 Feb 2017 00:01:52 GMT

I know they do give a temporary card in-store. On-line it should be the same.

Re: Lowes CLI

UncleB — Thu, 16 Feb 2017 00:31:25 GMT

@Gmood1 wrote:
I know they do give a temporary card in-store. On-line it should be the same.

Regardless of how you apply, if you go to the store with picture ID they should be able to look up your account number (they've offered for me in the past).

Re: Lowes CLI

Anonymous — Thu, 16 Feb 2017 01:18:33 GMT

@Anonymous wrote:

All 3 scores are the same. I thought it would hurt approval chances if the card issuer saw multiple inquiries within a short time frame (1-3 days).

A few inquiries IMO are never a big deal. Unless there are a ton of them, it's usually a non-issue.

I would never base my app around where I was taking the inquiry. It's all about the product, not the inquiry.

Re: Lowes CLI

K-in-Boston — Thu, 16 Feb 2017 02:38:58 GMT

Yes, when you apply online they give you your card number on the same screen as the "Congratulations!" I used that when I called. Make sure you write that down or otherwise save it, as I never saw it anywhere else until I got my card.