topic Re: AMEX 60 Day CLI in Credit Cards

AMEX 60 Day CLI

sccredit — Mon, 21 Oct 2013 13:43:45 GMT

Starting CL was $10.5k new line $24,900!

Request a Line of Credit Increase

Congratulations!
Your request to increase your line of credit to $24,900 has been approved and will be available for use within 15 minutes.

Your New Line of Credit Information:

New Line of Credit:$24,900

Re: AMEX 60 Day CLI

Luscher — Mon, 21 Oct 2013 14:16:03 GMT

awesome! could I ask income, credit score and how much youve put through the card?

Re: AMEX 60 Day CLI

sccredit — Mon, 21 Oct 2013 15:32:21 GMT

Score 729, Income used for CC apps is $100k, I have put about $8k through it and the card actually had a balance of about $4,500 on it when I hit the button.

Re: AMEX 60 Day CLI

Creditaddict — Mon, 21 Oct 2013 16:09:24 GMT

why not $31,500??

Re: AMEX 60 Day CLI

sccredit — Mon, 21 Oct 2013 16:52:01 GMT

Didn't have the guts to go over $25k

@Creditaddict wrote:
why not $31,500??

Re: AMEX 60 Day CLI

09Lexie — Mon, 21 Oct 2013 16:53:53 GMT

Congratulations. In 6 mos are you going to ask for another CLI?

Re: AMEX 60 Day CLI

sccredit — Mon, 21 Oct 2013 16:56:20 GMT

@09Lexie wrote:
Congratulations. In 6 mos are you going to ask for another CLI?

I might at that point just to see what happens. I don't know how comfortable I am with giving them access to my tax info, that's why I didn't do it this time. I know if I do give it to them I'll probably be ok, the amount I used for income with AMEX is significantly less than my tax returns will show.

Re: AMEX 60 Day CLI

09Lexie — Mon, 21 Oct 2013 16:59:52 GMT

The request for tax transcript can happen at any CL. That's why I asked if you were going to go over the '$25k' line.

Re: AMEX 60 Day CLI

sccredit — Mon, 21 Oct 2013 17:01:07 GMT

@09Lexie wrote:
The request for tax transcript can happen at any CL. That's why I asked if you were going to go over the '$25k' line.

Eventually, just not today

Re: AMEX 60 Day CLI

09Lexie — Mon, 21 Oct 2013 17:04:02 GMT

Enjoy your new CL and at least that decision is 6 mos off.

Re: AMEX 60 Day CLI

RushXTC — Mon, 21 Oct 2013 17:05:26 GMT

Congratz, Someday I'd like my AMEX to be there, But I just don't use it enough... =/

Re: AMEX 60 Day CLI

Creditaddict — Mon, 21 Oct 2013 18:28:49 GMT

I don't know why it bothers me so much but it just keeps getting spread deeper and deeper about $25k being some number not to get FR and just because the cli instantly went through doesn't mean you still won't be fr'd next month.
There is no magic number for fr

Re: AMEX 60 Day CLI

sccredit — Mon, 21 Oct 2013 19:05:18 GMT

@Creditaddict wrote:
I don't know why it bothers me so much but it just keeps getting spread deeper and deeper about $25k being some number not to get FR and just because the cli instantly went through doesn't mean you still won't be fr'd next month.
There is no magic number for fr

I'm well aware, especially with AMEX. I'm not afraid of a FR per se, I have nothing to hide from them. There is an abundance of instances in which AMEX asks for tax transcripts over $25k. I may eventually let them have my transcripts. I may eventually decide against it, whether an FR or CLI. It wasn't a jump I was ready to make today.

Re: AMEX 60 Day CLI

daybreakgonesXe — Mon, 21 Oct 2013 19:37:02 GMT

@sccredit wrote:

Starting CL was $10.5k new line $24,900!

Request a Line of Credit Increase

Congratulations!
Your request to increase your line of credit to $24,900 has been approved and will be available for use within 15 minutes.

Your New Line of Credit Information:
New Line of Credit:$24,900

Congrats! I had a similar situation, went from $11k --> $25k!