topic Re: Disco Data Points: How long after a statement did your card unsecure? in Credit Cards

Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Mon, 27 Feb 2017 11:59:05 GMT

My statement #7 just cut and I'm trying to figure out how long I have before I know whether or not I graduated.

For those who have graduated, how long after your statement did you see a sign of graduation e.g., email, auto-CLI, etc.

Thanks!

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Mon, 27 Feb 2017 17:36:58 GMT

Opened in Feb of 2016, Unsecured at end of Oct 2016. so 8 statements had been cut. No email or anything, I noticed an auto-CLI and hopped on chat to inquire about it and they told me then. I was one of the first to get unsecured when they started the whole 7 statments thing so it might be different now. I did get a letter in the mail about a week after i noticed the auto-CLI

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Mon, 27 Feb 2017 18:18:13 GMT

@Anonymous wrote:
Opened in Feb of 2016, Unsecured at end of Oct 2016. so 8 statements had been cut. No email or anything, I noticed an auto-CLI and hopped on chat to inquire about it and they told me then. I was one of the first to get unsecured when they started the whole 7 statments thing so it might be different now. I did get a letter in the mail about a week after i noticed the auto-CLI

How long from the statement cut to noticing the CLI?

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Mon, 27 Feb 2017 18:37:55 GMT

Statement ends on the 27th of the month, when I logged in on the 28th to see how much cashback I had earned, I noticed the CLI then.

Re: Disco Data Points: How long after a statement did your card unsecure?

MyLoFICO — Mon, 27 Feb 2017 19:04:57 GMT

@Anonymous wrote:
Opened in Feb of 2016, Unsecured at end of Oct 2016. so 8 statements had been cut. No email or anything, I noticed an auto-CLI and hopped on chat to inquire about it and they told me then. I was one of the first to get unsecured when they started the whole 7 statments thing so it might be different now. I did get a letter in the mail about a week after i noticed the auto-CLI

Well, that sucks to read. I mean, congrats to you and all but I opened mine the same time and still secured so I guess there is something else spooking them. Well, atleast I know now its not a time thing.

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Mon, 27 Feb 2017 20:00:56 GMT

@MyLoFICO wrote:
@Anonymous wrote:
Opened in Feb of 2016, Unsecured at end of Oct 2016. so 8 statements had been cut. No email or anything, I noticed an auto-CLI and hopped on chat to inquire about it and they told me then. I was one of the first to get unsecured when they started the whole 7 statments thing so it might be different now. I did get a letter in the mail about a week after i noticed the auto-CLI
Well, that sucks to read. I mean, congrats to you and all but I opened mine the same time and still secured so I guess there is something else spooking them. Well, atleast I know now its not a time thing.

Since you said your statement only showed up last night I wouldn't give up hope yet. According to here "@many posters showing conversion @ 7 months + a week or so after statement" so I'm not totally deflated yet. A couple other folk on here say "a day or two". I see one other saying "3 days after". I wonder if the reviews are by an analyst and not just the computer. Don't give up the ship yet!

Re: Disco Data Points: How long after a statement did your card unsecure?

MyLoFICO — Mon, 27 Feb 2017 20:05:55 GMT

@Anonymous wrote:
@MyLoFICO wrote:
@Anonymous wrote:
Opened in Feb of 2016, Unsecured at end of Oct 2016. so 8 statements had been cut. No email or anything, I noticed an auto-CLI and hopped on chat to inquire about it and they told me then. I was one of the first to get unsecured when they started the whole 7 statments thing so it might be different now. I did get a letter in the mail about a week after i noticed the auto-CLI
Well, that sucks to read. I mean, congrats to you and all but I opened mine the same time and still secured so I guess there is something else spooking them. Well, atleast I know now its not a time thing.
Since you said your statement only showed up last night I wouldn't give up hope yet. According to here "@many posters showing conversion @ 7 months + a week or so after statement" so I'm not totally deflated yet. A couple other folk on here say "a day or two". I see one other saying "3 days after". I wonder if the reviews are by an analyst and not just the computer. Don't give up the ship yet!

Disco told me it was totally automated. My FIC had a 35 pt jump a few days ago but not in time for this. If anything I will keep hope alive until next statement. If it doesn't graduate at that time, I will throw a temper tantrum. lol

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Mon, 27 Feb 2017 20:41:22 GMT

@MyLoFICO wrote:
@Anonymous wrote:
Opened in Feb of 2016, Unsecured at end of Oct 2016. so 8 statements had been cut. No email or anything, I noticed an auto-CLI and hopped on chat to inquire about it and they told me then. I was one of the first to get unsecured when they started the whole 7 statments thing so it might be different now. I did get a letter in the mail about a week after i noticed the auto-CLI
Well, that sucks to read. I mean, congrats to you and all but I opened mine the same time and still secured so I guess there is something else spooking them. Well, atleast I know now its not a time thing.

If your signature is current, your scores alone look good enough to have it unsecure (my TU was at like 640 when I unsecured), but if Im reading that right, youre using 32% of 96k in available credit? Thats probably whats holding them back from graduating you

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Mon, 27 Feb 2017 20:45:49 GMT

@MyLoFICO wrote:
@Anonymous wrote:
@MyLoFICO wrote:
@Anonymous wrote:
Opened in Feb of 2016, Unsecured at end of Oct 2016. so 8 statements had been cut. No email or anything, I noticed an auto-CLI and hopped on chat to inquire about it and they told me then. I was one of the first to get unsecured when they started the whole 7 statments thing so it might be different now. I did get a letter in the mail about a week after i noticed the auto-CLI
Well, that sucks to read. I mean, congrats to you and all but I opened mine the same time and still secured so I guess there is something else spooking them. Well, atleast I know now its not a time thing.
Since you said your statement only showed up last night I wouldn't give up hope yet. According to here "@many posters showing conversion @ 7 months + a week or so after statement" so I'm not totally deflated yet. A couple other folk on here say "a day or two". I see one other saying "3 days after". I wonder if the reviews are by an analyst and not just the computer. Don't give up the ship yet!
Disco told me it was totally automated. My FIC had a 35 pt jump a few days ago but not in time for this. If anything I will keep hope alive until next statement. If it doesn't graduate at that time, I will throw a temper tantrum. lol

I was told the same but I'm not sure if they mean automatic as in you don't have to do anything or automatic as in they don't have to do anything haha. Funny thing is I just got a DFS letter in my mail today and I hurriedly ripped it open but it was a follow-up that they corrected something on my EX CR (My first card was lost in the mail but still listed with no activity).

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Tue, 28 Feb 2017 18:00:12 GMT

Well I get to share my data point now (http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Disco-GRADUATION-PARTY/m-p/4876042)

Rep today told me I graduated the day after my statement cut. Still not showing in my account I'll update when it does.

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Wed, 01 Mar 2017 10:30:59 GMT

And this morning it shows up in my account.

Re: Disco Data Points: How long after a statement did your card unsecure?

MyLoFICO — Wed, 01 Mar 2017 13:29:39 GMT

I had to call them last night about a pending charge so I asked about graduation and was told mine has been being checked monthly since October when they started the 7 month checking (Pre high UTIL) and that is has not graduated and likely won’t for awhile but she could not tell me why. All she kept saying is that they look at the whole credit picture and that I should call the CRA’s to find out what is on my credit. But, I have my CRA reports and I have had nothing bad in almost 4 years. I can only assume its and old baddie they really don’t like but I only have one CO (DOFD 4-2010) and its only on EQF. The rest is just late payments. So, in light of that I am going to SD this and stop babying that $200 CL and let it either age to death or graduate with zero usage. Its only $200 so it won’t have an effect on my tcl or util so no loss. I was hoping it would graduate but they see something they don’t like and I am at a loss so I am going to move on to other things. Chase is being nice to me now so I will cultivate their account and hope it grows.

Re: Disco Data Points: How long after a statement did your card unsecure?

MyLoFICO — Wed, 01 Mar 2017 19:27:42 GMT

Gah! I just went over my reports and found Disco has been pulling EQF for me. No wonder it won't graduate. EQF has the most lates and what have you on it. They are still showing stuff from 2010-2011. I think it is funny how their score within your account is TU, the scoreboard is EXP and what thay actually look at is EQF. lol.

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Wed, 01 Mar 2017 21:18:00 GMT

@Anonymous wrote:
And this morning it shows up in my account.

Congrats. My 7th just cut too, and I was also curious how long it would take afterwards to know if I'd graduated. I think I'm a good candidate to graduate early (714 FICO per their score and 0-1% UTL across all cards for 3-4 straight months now), but we'll see. Not looking like I'll make it this time around unless it regularly takes more than a couple of days.

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Thu, 02 Mar 2017 02:10:52 GMT

@MyLoFICO wrote:
Gah! I just went over my reports and found Disco has been pulling EQF for me. No wonder it won't graduate. EQF has the most lates and what have you on it. They are still showing stuff from 2010-2011. I think it is funny how their score within your account is TU, the scoreboard is EXP and what thay actually look at is EQF. lol.

Interesting that they'd pull EQ... If they're from 2010 they'll start falling off this year, right? Keep getting your util down (I've been at 1% lately) and you'll get there.

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Thu, 02 Mar 2017 02:11:37 GMT

@Anonymous wrote:
@Anonymous wrote:
And this morning it shows up in my account.
Congrats. My 7th just cut too, and I was also curious how long it would take afterwards to know if I'd graduated. I think I'm a good candidate to graduate early (714 FICO per their score and 0-1% UTL across all cards for 3-4 straight months now), but we'll see. Not looking like I'll make it this time around unless it regularly takes more than a couple of days.

I doesn't hurt to hit up the chat!

Re: Disco Data Points: How long after a statement did your card unsecure?

austinguy907 — Thu, 02 Mar 2017 02:53:50 GMT

@MyLoFICO wrote:
Gah! I just went over my reports and found Disco has been pulling EQF for me. No wonder it won't graduate. EQF has the most lates and what have you on it. They are still showing stuff from 2010-2011. I think it is funny how their score within your account is TU, the scoreboard is EXP and what thay actually look at is EQF. lol.

A current lender can access any CRA as part of the credit agreement.

Anyway, time to get the Spic 'N Span out and scrub EQ until they wear off!

When they do convert they tend to use the TU info on your account online. Some say they get SP'd on the others but, the insuff time letters always listed TU and the TU score from the prev month for me when I was hitting the button weekly. Disco will give you the clues to what's up and why.... They won't let you shoot yourself in the foot either if you decide to request a HP CLI if that's not the issue.

Keep your head up and things will work out eventually

Re: Disco Data Points: How long after a statement did your card unsecure?

Anonymous — Thu, 02 Mar 2017 10:55:58 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
And this morning it shows up in my account.
Congrats. My 7th just cut too, and I was also curious how long it would take afterwards to know if I'd graduated. I think I'm a good candidate to graduate early (714 FICO per their score and 0-1% UTL across all cards for 3-4 straight months now), but we'll see. Not looking like I'll make it this time around unless it regularly takes more than a couple of days.
I doesn't hurt to hit up the chat!

Doesn't hurt, but no dice this time. Agent said it was all automatic. I don't care that much if it graduates early. I've got a couple of other cards that I like just as much with more usable limits (which, from what I hear about Discover, may not work in my favor for early graduation).

Whatever floats their magic algorithim's boat though. If they want to graduate me, I'll use the card pretty heavily. If they don't, I'll just keep only using it for 5% bonus spending up to the $1500, and sending most of my business to Citi and Chase.