topic Re: Auto CLI :-) in Credit Cards

Auto CLI :-)

ibmrad7 — Thu, 13 Oct 2011 19:20:30 GMT

Little surprised to get few Auto CLI's this month when my utilization is close to 80%.

Barclay Apple: 3500 -> 4000

BOA Rewards: 1000 -> 2000

WFFNB Express: 450 -> 750

Wells Fargo: 2250 -> 3500

I got all these Auto CLI's within last 10 days...

Re: Auto CLI :-)

Anonymous — Thu, 13 Oct 2011 19:24:59 GMT

Congrats, they all look like prime cards to me, wellexcept express, very nice limits

Re: Auto CLI :-)

ibmrad7 — Thu, 13 Oct 2011 19:27:09 GMT

Thanks John. I was under an impression that I might get a CLD because of high utilization from past few months. All this was a pleasant surprise. Not sure what factors they consider for this (Its definitely not utilization in my case)

Re: Auto CLI :-)

CreditCrusader — Thu, 13 Oct 2011 19:31:56 GMT

@ibmrad7 wrote:
Thanks John. I was under an impression that I might get a CLD because of high utilization from past few months. All this was a pleasant surprise. Not sure what factors they consider for this (Its definitely not utilization in my case)

I don't know about you, but I'd give a guy with credit scores nearing the 700 mark more credit to shop at my stores...regardless of his utilization. No one even sniffs the 700 mark unless they have demonstrated an ability to pay those balances off...and businesses these days can certainly use the extra $$$

Re: Auto CLI :-)

ibmrad7 — Thu, 13 Oct 2011 19:38:16 GMT

Hi CreditCrusader, I havent checked my Fico score for last 6 or 7 months... with all this utilization.. it might have dropped substantially. One thing that might work in my favor is that I have never missed a single payment from the day I received SSN in this country (5 years back).