topic Re: Discover auto CLI question in Credit Cards

Discover auto CLI question

theNavigator — Thu, 25 Feb 2010 01:43:14 GMT

I've been PIF every month, the 3 months mark is about to come up. Would I be better off leaving a slight balance or PIF for the best possible CLI???

Thanks..

It's the only CC I have a balance with and the limit is about 1400... My overall credit line with 6 cards is 8000. My balance with discover was 650 before next month closes but brought it down to 500 today.

Message Edited by theNavigator on 02-24-2010 05:43 PM

Re: Discover auto CLI question

MarineVietVet — Thu, 25 Feb 2010 01:50:36 GMT

@theNavigator wrote:
I've been PIF every month, the 3 months mark is about to come up. Would I be better off leaving a slight balance or PIF for the best possible CLI???

Thanks..

It's the only CC I have a balance with and the limit is about 1400... My overall credit line with 6 cards is 8000. My balance with discover was 650 before next month closes but brought it down to 500 today.
Message Edited by theNavigator on 02-24-2010 05:43 PM

With my account it doesn't seem to matter. But your experience could vary.

From a BK years ago to:
7/09 TU-742 EQ- 779
8/09 TU-765 EQ- 783
9/09 EX pulled by lender 802

You can do the same thing with hard work

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Re: Discover auto CLI question

Anonymous — Thu, 25 Feb 2010 01:56:19 GMT

theNavigator wrote:

I've been PIF every month, the 3 months mark is about to come up. Would I be better off leaving a slight balance or PIF for the best possible CLI???

Thanks..

It's the only CC I have a balance with and the limit is about 1400... My overall credit line with 6 cards is 8000. My balance with discover was 650 before next month closes but brought it down to 500 today.
Message Edited by theNavigator on 02-24-2010 05:43 PM

I didn't get a CLI until after the 6th month. The CSR said they review every 3, but that meant diddly squat for me -- I took a hard to go from 1.1 to 3.5k. At 1 year -- well, more like 13 months I went from 3.5k to 4.5k w/ a soft. I had a zero balance when I got the first CLI.

Re: Discover auto CLI question

theNavigator — Thu, 25 Feb 2010 04:52:36 GMT

With accounts after Summer 2009 they auto increase every 3 months with the lower intial CL. At least that's what my card is supposed to be doing.. so we'll see.