topic Re: Seem to be not so great limits..? in Credit Cards

Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:08:33 GMT

Went on an app Spree of about 5 apps spread out over 4 days. I got approved for them but each card got lower and lower limits my scores are EX 737
EQ 797 TU 760
my DTI is 11% according to advantage 3.0..?

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:13:35 GMT

Is there a question?

App sprees with a weak profile don't net high limits. High scores don't always mean a good "score" when apping.

What did you end up applying for? What were the specific results? This may help others that are thinking about doing the same thing.

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:20:08 GMT

Welcome to the board . Never base your scores off Vantage 3.0 they could be off as much 30 pts or more. Fico scores tell the truth... Can you give us a rundown of your credit profile? Congrats on getting approved on your 5 cards, depending on card your credit limits can grow

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:20:43 GMT

Ok yes. I got discover cash AK card CL of 1,200 (I thought that one would be higher) I got Amex BCE at 2,000 and Citi rewards at 2,900.i was very surprised with discover cuz they've been sending so many mailers to me

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:22:32 GMT

Sorry discover @ 1,200

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:25:50 GMT

Disco isn't known for a high CL when opening an account but, as you get to know each other better they can certainly over take your other CL's with CLI's.

Citi is a low ball offer and takes ages to gain steam w/o a HP CLI. I've been playing around with them for a couple of years and here's what I've noticed. The opening CL isn't their best offer. Both accounts I went ahead and took a HP CLI at activation and gained 5K on each of them and subsequent CLI's that are SP have been 2K/ea time.

BCE will grow quickly at 61 days it could be 6K and another 180 days later it could be 18K.

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:26:19 GMT

Ok my question is where does everyone go for they're credit score? I have three card that give me they say fico score and I've seen which CB they pull from and I have one card that is the advantage score one.. Where to I go?

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:33:13 GMT

Disco provides TU FICO

AMEX provides EX FICO

Citi provides EQ Fico BANKCARD 08

It will probably take a couple of months to show up but it will.

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:34:45 GMT

That is true that's what I noticed obscure-expert. That Citi gave me a CL on one card at 2,300 CL, a SP and CLI of 2,400 more almost before I hit the enter button haha.. Another of them stared me at 5000 that was simplicity. I'm just so surprised at discover tho.

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:37:04 GMT

Whats a not so great limit? I haven't read very many app sprees stories resulting in big limits. Although getting approved for all of them is better than most people do. Multiple apps over a short period of time can be seen as a sign of desperation often as a result of financial stress. The low limits are the banks way of mitigating some of the risk.

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:38:00 GMT

If you look around here at approvals Disco is all over the place but generally for a light profile it's sub 5K and middle of the road usually tops out at 10K. Rarely they will shoot out an approval for 15K or 22K. Disco is a long term game. However they will play the game nicer than others do.

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:40:19 GMT

Wher do I go to see them all together?

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:41:00 GMT

@Anonymous wrote:
Whats a not so great limit? I haven't read very many app sprees stories resulting in big limits. Although getting approved for all of them is better than most people do. Multiple apps over a short period of time can be seen as a sign of desperation often as a result of financial stress. The low limits are the banks way of mitigating some of the risk.

Personal experience says otherwise. It's dependent on the profile. The spree I did March-May I picked up 5 cards for 82K witht he lowest being 10.5K and highest 25K. In the mix were a few denials for geo-fenced cards and 1 denial for 5+ inq's.

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:42:05 GMT

@Anonymous wrote:
Wher do I go to see them all together?

Here with a 3-bureau or CCT for a $1 trial

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:47:15 GMT

Do you know of any other places that don't charge 30 a moth after trial?

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:52:41 GMT

If you want to do it cheaply it's going to be more than a single site. You can cancel the CCT and re-enroll when you need a full report & score. Use the accounts that you have for the free score each month and don't pay for it unless you need it for something specific.

Re: Seem to be not so great limits..?

AverageJoesCredit — Wed, 05 Jun 2019 17:54:58 GMT

Discover sl cannot be determined by your profile alone. They can go left or right while your expecting full speed ahead. Citi is more in line with giving lower sl even with good profile. Their saving grace is usually for someone with high income. I dont necessarily agree an app spree begets someone in financial trouble. More often than not its someone who doesnt know better or someone just trying to get their apps out of the way to grow together. My ho,oc

Re: Seem to be not so great limits..?

wasCB14 — Wed, 05 Jun 2019 17:56:13 GMT

Income?

I know many people can be reluctant to share it, but without knowing your income we might as well examine animal entrails for answers.

Re: Seem to be not so great limits..?

Anonymous — Wed, 05 Jun 2019 17:56:41 GMT

Personal experience is just that.
As I said I haven't read "many resulting in big limits" never did I say it hasn't or can't happen. I've been around the forum for a while, yes I know it's dependent on profile, as well as economic factors, stated income and other variables.

Re: Seem to be not so great limits..?

Remedios — Wed, 05 Jun 2019 17:58:02 GMT

@Anonymous wrote:
@Anonymous wrote:
Whats a not so great limit? I haven't read very many app sprees stories resulting in big limits. Although getting approved for all of them is better than most people do. Multiple apps over a short period of time can be seen as a sign of desperation often as a result of financial stress. The low limits are the banks way of mitigating some of the risk.
Personal experience says otherwise. It's dependent on the profile. The spree I did March-May I picked up 5 cards for 82K witht he lowest being 10.5K and highest 25K. In the mix were a few denials for geo-fenced cards and 1 denial for 5+ inq's.

You might have mentioned it a few times.