topic Re: Discover CLI DECLINE! in Credit Cards

Discover CLI DECLINE!

mxp114 — Mon, 09 Apr 2012 20:01:13 GMT

I wasted a HP only to be declined for a CLI. The analyst told me I had too many new accounts opened in 2011 and was extremely cut n dry. I haven't bothered trying to recon, but I am annoyed. I regret the CLI request now. Anyway Discover went from my main card to SD status for the next few months, minus one recurring $5 charge per month to maintain activity.

Re: Discover CLI DECLINE!

LS2982 — Mon, 09 Apr 2012 21:21:10 GMT

@mxp114 wrote:
I wasted a HP only to be declined for a CLI. The analyst told me I had too many new accounts opened in 2011 and was extremely cut n dry. I haven't bothered trying to recon, but I am annoyed. I regret the CLI request now. Anyway Discover went from my main card to SD status for the next few months, minus one recurring $5 charge per month to maintain activity.

Re: Discover CLI DECLINE!

Anonymous — Mon, 09 Apr 2012 21:25:01 GMT

@mxp114 wrote:
I wasted a HP only to be declined for a CLI. The analyst told me I had too many new accounts opened in 2011 and was extremely cut n dry. I haven't bothered trying to recon, but I am annoyed. I regret the CLI request now. Anyway Discover went from my main card to SD status for the next few months, minus one recurring $5 charge per month to maintain activity.

Could you call back and ask to speak with a credit analyst? I've had very good doing that before.

Re: Discover CLI DECLINE!

Anonymous — Mon, 09 Apr 2012 21:50:15 GMT

It'll be an even bigger waste of an HP if you dont at least try calling for recon.

Re: Discover CLI DECLINE!

mxp114 — Mon, 09 Apr 2012 22:27:22 GMT

Yeah I don't mind recon but if the decision is upheld, I'll just get even more annoyed with Discover. I will try a recon and report back results.

Re: Discover CLI DECLINE!

flowfaster — Mon, 09 Apr 2012 23:51:29 GMT

How many new accounts did you open in 2011 and 12?

Re: Discover CLI DECLINE!

Anonymous — Mon, 09 Apr 2012 23:53:01 GMT

Come on man! Never waste a hard pull--at least recon the denial. If it yields nothing, you tried.

Re: Discover CLI DECLINE!

Anonymous — Tue, 10 Apr 2012 00:11:00 GMT

id at least recon i just got approved by discover for a cli even after opening 4 cards in the past 2 months. just told them i was doing it to help out my utilization

Re: Discover CLI DECLINE!

LS2982 — Tue, 10 Apr 2012 00:47:14 GMT

@Anonymous wrote:
Come on man! Never waste a hard pull--at least recon the denial. If it yields nothing, you tried.

Re: Discover CLI DECLINE!

mxp114 — Thu, 12 Apr 2012 21:55:49 GMT

So I called, spoke with a nice girl who said she could review the CLI request for a possible overturn. We went over my CR and she said my new accounts were of little concern considering the entire credit picture. She immediately approved my request and kept saying she was disappointed the original analyst reviewed my report "so narrowly." No additional HP.

Yay! lol

Re: Discover CLI DECLINE!

LS2982 — Thu, 12 Apr 2012 22:10:58 GMT

@mxp114 wrote:
So I called, spoke with a nice girl who said she could review the CLI request for a possible overturn. We went over my CR and she said my new accounts were of little concern considering the entire credit picture. She immediately approved my request and kept saying she was disappointed the original analyst reviewed my report "so narrowly." No additional HP.

Yay! lol

SWEET!!!

What kind of CLI did you get?

Re: Discover CLI DECLINE!

Anonymous — Thu, 12 Apr 2012 22:23:54 GMT

See! Never, ever, waste an INQ!

Re: Discover CLI DECLINE!

Ron1 — Thu, 12 Apr 2012 22:25:24 GMT

Congrats!!!. Discover is the tough one to get CLI. I only got one CLI last year. It was pre-approved offer and I didn't get any HP. The other tough one to get CLI are Citi, Cap 1, BofA.

Ron.

Re: Discover CLI DECLINE!

aussiesareforever — Thu, 12 Apr 2012 23:07:58 GMT

@Ron1 wrote:
Congrats!!!. Discover is the tough one to get CLI. I only got one CLI last year. It was pre-approved offer and I didn't get any HP. The other tough one to get CLI are Citi, Cap 1, BofA.

Ron.

Discover, Citi and Bank of America CLIs may be tough. Capital one is impossible.

Re: Discover CLI DECLINE!

webhopper — Thu, 12 Apr 2012 23:19:15 GMT

Congrats! LOL at the CSRs use of the term "narrowly"

I love discover CSRs

Re: Discover CLI DECLINE!

mxp114 — Fri, 13 Apr 2012 00:34:17 GMT

Yeah web lol My new CL is $15k. In six months I will try for $20k then cap it.

Re: Discover CLI DECLINE!

Anonymous — Fri, 13 Apr 2012 01:27:16 GMT

@Anonymous wrote:
It'll be an even bigger waste of an HP if you dont at least try calling for recon.

This guy sometimes gets it right, about 3% of the time, everytime.

Congrats on the CLI, glad you decided not to stay too mad at Discover.

Re: Discover CLI DECLINE!

webhopper — Fri, 13 Apr 2012 01:31:34 GMT

I'm glad to know it will go that high. I'm actually hoping to get my discover more card limit to increase. Its my oldest account, open since 1999, perfect history, good utilization. I've run 17k in spending through that card in the last 24 months I actually am hoping chase and discover match or come close to my nfcu limit when they do account reviews

Re: Discover CLI DECLINE!

webhopper — Fri, 13 Apr 2012 01:33:57 GMT

What's your income like mxp? Did they ever ask?