topic Re: Discover Luv Button CLI/DDip question in Credit Cards

Discover Luv Button CLI/DDip question

Taurus22 — Sat, 08 Feb 2020 18:46:07 GMT

So, I'm about to hit the Luv button and I'm looking for the small print regarding SP/HP.

Does this indicate a SP, then if needed, a HP only if they deem necessary? Or does this mean a HP is required regardless?

I've always called in for the CLI because I can always get confirmation of SP before they proceed, but I'm wanting to try for the Luv button/Call-in double dip.....so I just want to clarify this before I move forward.

Re: Discover Luv Button CLI/DDip question

K-in-Boston — Sat, 08 Feb 2020 18:56:56 GMT

That is always the language for a SP. They really will not do a HP unless they prompt you to give them permission to do so on the next step. I have never received that prompt but usually ask for a CLI once or twice a month for the past 3.5 years.

Re: Discover Luv Button CLI/DDip question

Citylights18 — Sat, 08 Feb 2020 19:01:10 GMT

I've been denied on the love button before.

What happened was they prompt for an unable to process your request then they send you a decision letter in the mail.

I believe its soft pull unless you want to force the issue. My denial didn't show up on TU or EX.

I always wait until the updated credit score is in the system before I try to apply. From my experience also its less likely to work if you have high utilizaton on the card (using it for a BT). At a certain point they deem you maxxed out and aren't going to give it to you.

Re: Discover Luv Button CLI/DDip question

K-in-Boston — Sat, 08 Feb 2020 19:11:38 GMT

@Citylights18 wrote:
I've been denied on the love button before.

What happened was they prompt for an unable to process your request then they send you a decision letter in the mail.

I believe its soft pull unless you want to force the issue. My denial didn't show up on TU or EX.

I always wait until the updated credit score is in the system before I try to apply. From my experience also its less likely to work if you have high utilizaton on the card (using it for a BT). At a certain point they deem you maxxed out and aren't going to give it to you.

I've been denied at least 50 times. For whatever reason, Discover isn't overly fond of me and is the lender I have the least amount of overall credit from.

The utilization thing isn't necessarily true. I'm an AU on a card that has had a $7000 CLI when the card was at like 40% utilization. The only thing predictable about Discover is that they are unpredictable. What works for one person won't work for another, or even for the same person later on. People have big BTs and get big CLIs, others get denied. People pay off large BTs and get big CLIs, others get denied. People run a lot of spend through the card and get big CLIs, others get denied. People sock drawer the card and don't use it for a year and get big CLIs, others get denied. People have $75k incomes with blemished reports and get $35k credit limits while others have $250k incomes with flawless reports and get stuck with $5k credit limits. Discover is always a mystery.

Re: Discover Luv Button CLI/DDip question

JNA1 — Sat, 08 Feb 2020 19:23:50 GMT

@K-in-Boston wrote:
@Citylights18 wrote:
I've been denied on the love button before.

What happened was they prompt for an unable to process your request then they send you a decision letter in the mail.

I believe its soft pull unless you want to force the issue. My denial didn't show up on TU or EX.

I always wait until the updated credit score is in the system before I try to apply. From my experience also its less likely to work if you have high utilizaton on the card (using it for a BT). At a certain point they deem you maxxed out and aren't going to give it to you.
I've been denied at least 50 times. For whatever reason, Discover isn't overly fond of me and is the lender I have the least amount of overall credit from.

The utilization thing isn't necessarily true. I'm an AU on a card that has had a $7000 CLI when the card was at like 40% utilization. The only thing predictable about Discover is that they are unpredictable. What works for one person won't work for another, or even for the same person later on. People have big BTs and get big CLIs, others get denied. People pay off large BTs and get big CLIs, others get denied. People run a lot of spend through the card and get big CLIs, others get denied. People sock drawer the card and don't use it for a year and get big CLIs, others get denied. People have $75k incomes with blemished reports and get $35k credit limits while others have $250k incomes with flawless reports and get stuck with $5k credit limits. Discover is always a mystery.

You’re not the only one - Ms Disco is mean to me too! 😢😂

Re: Discover Luv Button CLI/DDip question

Citylights18 — Sat, 08 Feb 2020 19:25:53 GMT

The two reasons in my opinion to at least give Disco a shot.

1) Longer dated balance transfer offers if/when you need them.

2) The potential to it to a big CL.

Its a sock drawer card. Actually its in my tie drawer in a steel box with 50 other cards burried somewhere.

Re: Discover Luv Button CLI/DDip question

Taurus22 — Sat, 08 Feb 2020 19:31:53 GMT

Ok, right on.

So my UT% on the Discover card specifically is 0%, clean currently. My overall UT% across all cards is 28% right now (primarily on 2 of my 6 cards)....do they look at overall UT% or only on the Discover itself?

So I wonder if it would just be best to do my regular call-in (which has always been somewhat successful) rather than try the DD ?

Re: Discover Luv Button CLI/DDip question

K-in-Boston — Sat, 08 Feb 2020 19:35:33 GMT

@Taurus22 wrote:
Ok, right on.

So my UT% on the Discover card specifically is 0%, clean currently. My overall UT% across all cards is 28% right now (primarily on 2 of my 6 cards)....do they look at overall UT% or only on the Discover itself?

So I wonder if it would just be best to do my regular call-in (which has always been somewhat successful) rather than try the DD ?

As I mentioned earlier, people have been granted or denied CLIs for no utilization, low utilization, moderate utilization, and high utilization. There really is no way to answer that for Discover.

Score is certainly a consideration, so in that matter your utilization on botth individual cards like the Discover and across all cards will be factored in. I don't think there's any difference between calling or asking online, other than if you call in you're not going to get a double dip by asking online, whereas in the other order it's a possibility.

Re: Discover Luv Button CLI/DDip question

Taurus22 — Sat, 08 Feb 2020 19:40:44 GMT

@K-in-Boston

So this begs the question....will Discover use the FICO score for me that they post on their portal using only TU information, or do they use the actual score across all bureaus? Because my score on Discover's website is typically higher (for whatever reason) than my true scores, even the TU score they post.

Re: Discover Luv Button CLI/DDip question

K-in-Boston — Sat, 08 Feb 2020 19:43:26 GMT

@Taurus22 wrote:
@K-in-Boston

So this begs the question....will Discover use the FICO score for me that they post on their portal using only TU information, or do they use the actual score across all bureaus? Because my score on Discover's website is typically higher (for whatever reason) than my true scores, even the TU score they post.

Discover uses the TransUnion FICO 8 score shown in your account. The TU08 score they show will be identical to any other source of TU08 score pulled at the same time. Remember that FICO scores are an instant snapshot of the moment they were pulled. If there are big changes to your reports, you could have big changes in score even on the same day.

Re: Discover Luv Button CLI/DDip question

Taurus22 — Sat, 08 Feb 2020 19:57:26 GMT

Sweet. So I just hit the Luv button and voila....

So if I do a follow-up call-in, do I tell them I just received a CLI but need a higher increase than the $1,500 or what? What is the etiquette/formula here?

Re: Discover Luv Button CLI/DDip question

K-in-Boston — Sat, 08 Feb 2020 20:01:52 GMT

I believe the etiquette is don't mention it and just call them to request a CLI. I have never done the DD myself.

Re: Discover Luv Button CLI/DDip question

recoveringfrombk7 — Sat, 08 Feb 2020 20:20:29 GMT

@K-in-Boston wrote:
I believe the etiquette is don't mention it and just call them to request a CLI. I have never done the DD myself.

Gotta be honest, while we are shrugging at the causes for 4506t requests, I'm not about to draw attention to myself by going for a DD.

Re: Discover Luv Button CLI/DDip question

K-in-Boston — Sat, 08 Feb 2020 20:25:33 GMT

That's certainly a valid point for a lot of people. After 3.5 years I'm finally almost to 5% of income with Discover after a decent CLI in December, so if it meant a big CLI I'd 4506-T away.

Re: Discover Luv Button CLI/DDip question

AllZero — Sat, 08 Feb 2020 20:25:28 GMT

@Taurus22 wrote:
Sweet. So I just hit the Luv button and voila....

So if I do a follow-up call-in, do I tell them I just received a CLI but need a higher increase than the $1,500 or what? What is the etiquette/formula here?

Congratulations on your CLI!

Re: Discover Luv Button CLI/DDip question

Taurus22 — Sat, 08 Feb 2020 20:55:53 GMT

No fear of the 4506-T......they can dig all they want. Think I may just call this one a success anyway. It was larger than my last one ($1000) so I can't complain too much. I just want all my cards to be 10k-20k.....I want to join the 100k+ credit club.

Re: Discover Luv Button CLI/DDip question

Ficoproblems247 — Sat, 08 Feb 2020 21:07:06 GMT

@Taurus22 wrote:
Sweet. So I just hit the Luv button and voila....

So if I do a follow-up call-in, do I tell them I just received a CLI but need a higher increase than the $1,500 or what? What is the etiquette/formula here?

So I'm no huge expert on the matter, but the verbaige I read from other members here to use is something along the lines of "So I just had my limit increased. I'm greatful for the increase, but is there any way that we could go higher with that?" I used almost those exact same words when I tried and they gave me an extra $400 without batting an eye. My account was 3 statements +1 day old at the time and it was my first CLI with them. Whatever you decide, good luck and a big congrats on the increase you already received! 🙂

Re: Discover Luv Button CLI/DDip question

CreditInspired — Sat, 08 Feb 2020 21:23:15 GMT

I've asked 3 times for a DD and got 2. As soon as I was instantly approved for the CLI, I called and said,

Me: I just got approved for a CLI and ...

CSR: Congratulations Ms CI

Me: Oh, thank you. I'm calling to see if I can get any additional increase without a HP

CSR: I'll be happy to check. Can you hold?

Me: Yes

Easy, peasy.

Personally, I believe those who are being asked for a 4506-T are either those who get a secured card or those with income disparities that were found through another reporting agency. JMO.

Re: Discover Luv Button CLI/DDip question

TSlop — Sat, 08 Feb 2020 23:54:26 GMT

For the people that constantly hit the button, do you keep putting in the same income? I'm going to start trying to increase the CL on my Discover since I'm gardening until August and these are SPs usually. I'll be getting a raise in April, but if I keep entering in the same income every month, will they keep giving CLIs? Are the CLIs pretty small to allow you to do it every month? From what I read here, I suppose with Discover, it is a mystery anyway....