topic Re: Discover More CLI....denied :-( in Credit Cards

Discover More CLI....denied :-(

TeeandDee — Mon, 27 Aug 2012 12:31:49 GMT

My sixth statement cut a few days ago so I decided to give it a shot. Called in and was denied. CSR gave no reason, but said I would receive a letter in the mail. I did some research on here before calling in and couldnt really see a consistent reason Disover approves or denied, so that's why I gave it a shot. Guess I'll just see what the "letter" says. This gives me flash backs to the days where I had bad credit and heard denied all the time for stuff....it's fustrating being denied when you are doing things right.

Re: Discover More CLI....denied :-(

Anonymous — Mon, 27 Aug 2012 13:00:19 GMT

What was your util and how did you use your card?

I am assuming it was a HP. They seem weird with increases as I have not received an increase in 1 year 5 months of use.

Maybe you can wait for the "letter" and call for recon.

Re: Discover More CLI....denied :-(

thrillege — Mon, 27 Aug 2012 13:28:55 GMT

Do they hard pull?

Re: Discover More CLI....denied :-(

RockinRay — Mon, 27 Aug 2012 14:17:17 GMT

@thrillege wrote:
Do they hard pull?

They will tell you if they want to HP before they do. Small increases are typically a SP.

Re: Discover More CLI....denied :-(

TeeandDee — Mon, 27 Aug 2012 14:56:06 GMT

I was told it was a soft pull. Also, my overall utl is at about 20%, I use the card a lot and have always either paid in full or paid a huge chunk of the balance. Never late and perfect payment history across all accounts.

Is there other things they look at when deciding on cli's? If they look at inquiries, then that may be a reason since I have alot of them that aren't that old.

Re: Discover More CLI....denied :-(

Anonymous — Wed, 29 Aug 2012 12:21:29 GMT

I've never gotten a request for a CLI approved by Discover, however, in the past 6 months they decided to give me two auto CLIs (I've been with Discover for 2 years).

Re: Discover More CLI....denied :-(

SpiceIslander — Wed, 29 Aug 2012 16:30:31 GMT

OP: Do you already have a high limit? Some issuers may deny because they think you have enough credit. Other that that, based on your post, I can't imagine why they would deny you. Good Luck!

Re: Discover More CLI....denied :-(

Anonymous — Thu, 30 Aug 2012 13:31:46 GMT

Re: Discover More CLI....denied :-(

CS800 — Thu, 30 Aug 2012 14:15:36 GMT

Sorry about your decline

If it's an auto like most other companies it's a HP

Discover is very conservative though. They don't want to push me past $13.5K

Re: Discover More CLI....denied :-(

TeeandDee — Thu, 30 Aug 2012 15:35:34 GMT

@SpiceIslander wrote:
OP: Do you already have a high limit? Some issuers may deny because they think you have enough credit. Other that that, based on your post, I can't imagine why they would deny you. Good Luck!

Hi! Sorry I am just seeing this......No, I do not have what I would consider to be a high limit. It's only $1,500. Which is okay for a start...but not to park and live there...LOL! So I was atleast hoping to get an auto CLI of at least $500 to bring me to $2,000. Oh well..one day...lol!

Re: Discover More CLI....denied :-(

TeeandDee — Thu, 30 Aug 2012 15:37:28 GMT

@CS800 wrote:
Sorry about your decline

If it's an auto like most other companies it's a HP

Discover is very conservative though. They don't want to push me past $13.5K

Yeah, I've read on here that Discover is conservative. Just gotta wait it out I guess. I've been told Discover auto CLI's are soft pulls, not hard. That's been the case with all the auto CLI's I've received on my other cards as well (Chase, Amazon etc.).

Re: Discover More CLI....denied :-(

ajh5408 — Thu, 30 Aug 2012 15:56:43 GMT

Discover is definitely one of the more quirky lenders, so I wouldn't take it as a commentary on your overall creditworthiness. They rarely dole out large lines right from the get-go, or anytime soon thereafter, regardless of your credit... I had my Discover for nearly two years without an auto-CLI, until recently I was able to double the line by requesting one through the online system. I did end up speaking with a credit analyst following that approval, and he indicated that your best bet is to use the CLI system no more often than every three months.

For what it's worth, if you call and express your disaproval (and use some magic words indicating how much you'd like to use your Discover card more often), they can more than likely sign you up for some type of "Spend X, Get Y" promo.