topic Discover question in Credit Cards

Discover question

Stonemanmv — Thu, 18 Jul 2013 21:22:38 GMT

I called credit rep today and she told me to call back tomorrow being that its 3 months. My UTL is 7% on my reports but on my discover right now I have 2400 on 6000 CL. On my US bank card just got increased from 500-5000 but hasn't reported that yet should I go for the CLi now before my increase reports or pay down my discover bal. I've read that discover factors in all available credit

Re: Discover question

myjourney — Thu, 18 Jul 2013 21:23:54 GMT

@Stonemanmv wrote:
I called credit rep today and she told me to call back tomorrow being that its 3 months. My UTL is 7% on my reports but on my discover right now I have 2400 on 6000 CL. On my US bank card just got increased from 500-5000 but hasn't reported that yet should I go for the CLi now before my increase reports or pay down my discover bal. I've read that discover factors in all available credit

Pay down debt and wait for your CLI to update IMHO

Re: Discover question

09Lexie — Thu, 18 Jul 2013 21:26:41 GMT

With Discover its a YMMV. Paying down debt and letting your new CLI is always positive. If you don't want to wait for your CLI to report you could always try again after it update. From my conversation with the CSR there isn't a timeline you have to wait before you can try again.

Re: Discover question

Stonemanmv — Thu, 18 Jul 2013 21:30:16 GMT

That's what I thought. I think I remember reading people getting declined for to much over all credit

Re: Discover question

Anonymous — Thu, 18 Jul 2013 21:31:15 GMT

Is discover cli request soft? And usually through who?

Re: Discover question

Stonemanmv — Thu, 18 Jul 2013 21:32:36 GMT

Thanks myjourney , thanks lexie. I've been charging 2500-4500 every month and pif so may it won't matter

Re: Discover question

09Lexie — Thu, 18 Jul 2013 21:33:10 GMT

They will try to give you a CLI with a sp first. If you are not eligible, they'll ask your permission to review your cr -HP. You have the option of withdrawing the request or allowing the HP.

Re: Discover question

Stonemanmv — Thu, 18 Jul 2013 21:33:35 GMT

I'm pretty sure it's SP if not its a no go.

Re: Discover question

Stonemanmv — Thu, 18 Jul 2013 21:39:29 GMT

If I get a CLI on this card I will have a SP CLI on every card with in the last month. Thanks to everybody the info is awesome I can't thank enough

Re: Discover question

CS800 — Thu, 18 Jul 2013 21:43:35 GMT

I got a CLI with a SP so it's a case by case basis. Most of the times they check their system first to see if there are any offers or eligibility

Re: Discover question

Stonemanmv — Thu, 18 Jul 2013 21:48:15 GMT

Thanks cs800 I'll keep my fingers crossed

Re: Discover question

Stonemanmv — Fri, 19 Jul 2013 20:49:29 GMT

Well called today trying to get a SP CLI from discover they asked income, and why i wanted it and then she came back and said they needed to do a HP. I said no . I think I'll wait til 6 months and try again.

Re: Discover question

09Lexie — Fri, 19 Jul 2013 21:19:23 GMT

Remember they told me no to at first, two weeks later I received an auto CLI. You don't have to wait 6 months, keep asking until they say yes!

Re: Discover question

Stonemanmv — Fri, 19 Jul 2013 21:33:29 GMT

So there's hope!! I just don't need any more Inq's