topic Re: GE Amazon Store Card CLI declined in Credit Cards

GE Amazon Store Card CLI declined

Viper786 — Sat, 24 Mar 2012 03:01:48 GMT

I got approved for an Amazon store card with a $900 CL 4 months ago. My 4th statement cut, and I called for a CLI and asked for a CLI of 600 to bring my CL to $1500 and was declined.

I really wasn't expecting that. When I applied for the card, I had a 626 TU Fico credit score and had a collection on my account. I have since had that collection removed, paid down my balances and my TU FICO is at 667. Is there a number I can call for a recon?

Re: GE Amazon Store Card CLI declined

score_building — Sat, 24 Mar 2012 04:56:15 GMT

@Viper786 wrote:
I got approved for an Amazon store card with a $900 CL 4 months ago. My 4th statement cut, and I called for a CLI and asked for a CLI of 600 to bring my CL to $1500 and was declined.

I really wasn't expecting that. When I applied for the card, I had a 626 TU Fico credit score and had a collection on my account. I have since had that collection removed, paid down my balances and my TU FICO is at 667. Is there a number I can call for a recon?

GE doesn't do recons. Hopefully they come through for ya on a subsequent request, they don't seem to be as reliable on the 4 month CLI hook ups these days and even disabled the formerly trusty online luv button

Re: GE Amazon Store Card CLI declined

Anonymous — Sat, 24 Mar 2012 05:04:42 GMT

They gave me an auto-cli of $100 (1.2 to 1.3k), but they denied my CLI request too. I guess they're not nearly as generous with their CLis as they used to be, so I missed the guaranteed CLI every 4 months gravy train too.

Re: GE Amazon Store Card CLI declined

Anonymous — Sat, 24 Mar 2012 07:01:53 GMT

They seem to use old reports too. So maybe your score hasn't updated yet. They are still using a report they pulled on 1/26/12 for me even though I saw that they softed my TU on 2/24/12. My score inceased by like 40 points as I paid down some balances.

Re: GE Amazon Store Card CLI declined

bichonmom — Sat, 24 Mar 2012 07:12:42 GMT

@Viper786 wrote:
I got approved for an Amazon store card with a $900 CL 4 months ago. My 4th statement cut, and I called for a CLI and asked for a CLI of 600 to bring my CL to $1500 and was declined.

I really wasn't expecting that. When I applied for the card, I had a 626 TU Fico credit score and had a collection on my account. I have since had that collection removed, paid down my balances and my TU FICO is at 667. Is there a number I can call for a recon?

GE doesn't recon; however you will get a letter explaining why you weren't approved. That may give you some clue as to what to do to get a CLI. On the other hand, it may just say something like "not enough experience at current limit."

When I got my WM, I asked for a CLI 3 times and was denied every time. Then a couple weeks after my last CLI request, they did an auto CLI from $300 to $1k. GE is a little odd. I also asked for a CLI w/my ON to $2k. The recording came back and said "we can't approve that, but we can give you $1500. Do you want it?" I'm kind of surprised you didn't get a counter-offer like that. That's why I'd see what the letter says when you get it.

Also, it is possible they are going off of an older CR. The letter I got said that they used a CR from March 1, even though my CLI request was a week after that. You might want to try again in a month. It's not going to hurt you to keep trying.

Re: GE Amazon Store Card CLI declined

LS2982 — Sat, 24 Mar 2012 09:26:00 GMT

@Viper786 wrote:
I got approved for an Amazon store card with a $900 CL 4 months ago. My 4th statement cut, and I called for a CLI and asked for a CLI of 600 to bring my CL to $1500 and was declined.

I really wasn't expecting that. When I applied for the card, I had a 626 TU Fico credit score and had a collection on my account. I have since had that collection removed, paid down my balances and my TU FICO is at 667. Is there a number I can call for a recon?

Have you recieved the denial reasons??? Not likely for a recon but at least you'll know what they're looking for.

Re: GE Amazon Store Card CLI declined

Viper786 — Sun, 25 Mar 2012 01:46:41 GMT

I will receive the denial reasons in the mail in 10 days. I will post back here when I get the results. When can I request a CLI again?

Re: GE Amazon Store Card CLI declined

Repo-ed — Sun, 25 Mar 2012 01:48:27 GMT

@Viper786 wrote:
I will receive the denial reasons in the mail in 10 days. I will post back here when I get the results. When can I request a CLI again?

Would wait until you receive the letter to address their concerns, then try again in 6mo.

Re: GE Amazon Store Card CLI declined

Creditaddict — Sun, 25 Mar 2012 17:08:07 GMT

oh GE they are so weird.

I didn't know before but I got approved for many cards with TU, they "Usually" pull either TU or EQ for all GE cards, but I was "told" we know how that works sometimes but that some of my TU pulls at approval want to use EQ for CLI... Also the system like Amex sometimes is 30-60 days behind on SP and when you request CLI they use the most recent in system vs. pull a new SP right then at time of CLI request.

If you are just at 4 monts, try again next month and I would keep doing it each month AFTER your payment clears until you get one!

Re: GE Amazon Store Card CLI declined

LS2982 — Sun, 25 Mar 2012 17:49:25 GMT

AFAIK, you ca nrequest a CLI every month, but more than likely they are going to pull the same report for a 4 month time frame until they soft again.

Re: GE Amazon Store Card CLI declined

tknkrov — Sun, 25 Mar 2012 22:04:13 GMT

I was approved for this card in Nov. CL $600 asked for an increase at the 4th month mark denied but 2 weeks later auto cli to $800, go figure. Interesting thing is they bumped me up the $200 I asked for so maybe you will get lucky like I did.

Re: GE Amazon Store Card CLI declined

LS2982 — Sun, 25 Mar 2012 22:14:46 GMT

@tknk When you asked for a CLI at the 4th statement was it a HP?

Re: GE Amazon Store Card CLI declined

Booner72 — Sun, 25 Mar 2012 22:57:59 GMT

regarding the new/old report - w/ CareCredit if you are denied by looking at what they have, the rep will ask if you agree to a credit pull, thus giving them the most recent. I let them do this one time and was lucky to get 1000.00 CLI. Walmart, JCP, and Lowe's have never done this though.

Re: GE Amazon Store Card CLI declined

LS2982 — Sun, 25 Mar 2012 23:07:20 GMT

Not sure what it is with CareCredit and always wanting HP's. I really want one for my $500CL card and i dont want the HP!

Re: GE Amazon Store Card CLI declined

Viper786 — Thu, 29 Mar 2012 14:23:33 GMT

I got the letter yesterday stating the reasons. I guess they still have an old report because some of the reasons aren't true anymore. The reasons they gave are:

Derogatory Public record or collection filed (I had a medical collection on my reports but I managed to get that deleted off of my TU reports a few weeks ago)
Proportion of balances to credit limit on bank/national revolving or other revolving accounts is too high (Was at about 70% but I paid that down to 30% 2 weeks ago)
Length of time accounts have been established (My AAoA is about 3 years)
Proportion of loan balances to loan amounts is too high (Can't really do much about this. I have 2 student loans for 10k each with deferred payments and dont need to make any payments until 2013)

I guess i'll try again in a month.. hopefully by then they'll have an updated report with the collection gone and the util much lower.

EDIT: Oh and at the bottom of the letter it says that my credit score is 641 and the date is 2/16/12. They pulled TU btw.