topic Re: Asking for higher CL? in Credit Cards

Asking for higher CL?

Anonymous — Wed, 04 Mar 2009 03:43:09 GMT

did a little searching about increasing your CL on credit cards and kinda got stuck. First question would be what is the max allowed CL increase on a credit card. i have a WaMu platinum (soon to be Chase) with a CL of 4500 and a HL of 3000. since my avil on credit is about 30% .. i want to raise it up it up a bit so it doesnt look as bad. is there a standard procedure of how much i can be approved for? also is it a soft pull or a hard pull when i want to raise my limit. i spoke to an experian rep.and said he wasnt sure but he said it was most likely a soft pull. let me know! thanks in advance (:

Re: Asking for higher CL?

Creditaddict — Wed, 04 Mar 2009 04:05:04 GMT

wamu does not take customer requests for cli I believe and since it's about to change to chase they probably would be on a freeze from increases anyway.

however once it changes over to chase, you can request anything you want but it will be a hard pull.

now how much you would be approved for has so many variables, highest current CL, income, debt ratio, usage, etc.

Re: Asking for higher CL?

Anonymous — Wed, 04 Mar 2009 04:08:10 GMT

wamu doesnt take cli requests, once changed to chase card you should be able to but it will be a hard inq

Re: Asking for higher CL?

Anonymous — Wed, 04 Mar 2009 04:13:19 GMT

thanks addict. just the info i was looking for. Saved me some trouble by calling and asking. sucks about the hard pull though knowing that inquiries stay on your CR for 2 years though =| ah well 2 in 1 years time shouldnt bother me too much though