topic Re: Discover CLI in Credit Cards

Discover CLI

Anonymous — Fri, 25 Apr 2008 01:36:08 GMT

Just for curiosity sakes does Discover give CLI voluntarily or do you have to request one and if so would it be a hard pull or if voluntarily would that be a soft pull?. How long might a person wait before considering this 6 mos 12 mos from account opening etc.

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 02:05:47 GMT

oh i would love to know the answer to this too. i wasn't going to ask till later but would like to know how the like you to ask. or maybe not ask

Re: Discover CLI

RobertEG — Fri, 25 Apr 2008 02:17:00 GMT

The only answer to that question is to call them and ask them. Your request, if made, for a CLI is technically a request for new credit, and may result in a hard putll. Gotta ask them in advance.

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 03:31:49 GMT

Thanks guys for the information I was thinking that you have to ask for CLI and that it would result in a hard pull. Well for now will just sit tight and let the first INQ age first. Good stuff though!!!!!

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 03:34:47 GMT

They do auto increases all the time. Also if you build some history with them they will usually give you pretty generous increases

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 03:40:03 GMT

Thanks for the info I was considering hitting them with some big payments for say 6 mos or so by then will have 12 mos of solid payments along with some age. maybe that will do the trick would be nice!!!!

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 03:50:50 GMT

Yes it definitely will make sure you dont miss your payments though! Depending on your balance I would send like 100-200 or maybe more for like 6 months and then ask for a cli! how long have you had it for?

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 03:59:12 GMT

Just 6 mos still a relatively short time I have not missed any payments pay before due date that kind of thing.

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 04:19:08 GMT

just passed 6 months or not quite been 6 months yet? usually I believe they will give auto cli after 6 months maybe wait till 7th statement and ask for cli. I fyou dont mind me asking what is your limit and also any late pays at all?

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 04:52:56 GMT

I just got an auto CLI of $1,100.00 from Discover. I don't know if they did a hard pull or soft, since I'm not going to pay for more credit reports, but since I didn't ask for the CLI, I'm hoping it was a soft pull.

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 05:36:36 GMT

There are actually two different methods they employ to do a CLI upon request. Either 1)based on your account history alone or 2) "full application" which includes a hard pull. Call in, ask for a CLI, and the rep will tell you either a) you were approved for a CLI of XXXX amount or b) additional information will be needed to consider you for a CLI and request your permission to do a hard pull. They will not do a hard pull without specifically asking your permission.

Re: Discover CLI

RobertEG — Fri, 25 Apr 2008 07:06:02 GMT

If you did not ask for it then they, undet the FCRA, CANNOT

Re: Discover CLI

RobertEG — Fri, 25 Apr 2008 07:10:10 GMT

If the CLI was NOT asked for or authorized by you, then the law (FCRA) prohits them from making a hard pulll. Not my opinion. It is law.

Re: Discover CLI

fused — Fri, 25 Apr 2008 07:14:24 GMT

RobertEG wrote:

If the CLI was NOT asked for or authorized by you, then the law (FCRA) prohits them from making a hard pulll. Not my opinion. It is law.

You're right!!!!!

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 10:19:28 GMT

If you didnt ask for it they based it on your account history with them they do do auto cli's every so often

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 11:35:40 GMT

@RobertEG wrote:
If the CLI was NOT asked for or authorized by you, then the law (FCRA) prohits them from making a hard pulll. Not my opinion. It is law.

Thanks! That's good to know!

Re: Discover CLI

Anonymous — Fri, 25 Apr 2008 12:50:14 GMT

Thank you and the other guys for all the input excellent no late payments 10K just received my sixth statement last week.

Message Edited by credit08 on 04-25-2008 04:39 AM

Message Edited by credit08 on 04-25-2008 05:50 AM

Re: Discover CLI

Anonymous — Fri, 04 Dec 2009 14:36:04 GMT

@RobertEG wrote:
If the CLI was NOT asked for or authorized by you, then the law (FCRA) prohits them from making a hard pulll. Not my opinion. It is law.

what is the law that prohibits an automatic credit limit increase from being a hard pull?

Re: Discover CLI

wfreeman3 — Fri, 04 Dec 2009 15:38:14 GMT

I just used the automated CLI request from the phone number on the card. I asked for $ 500.00 and it was approved with a soft. This was my first request since 05/2008. I made a note to try again in 6 months.

Re: Discover CLI

Anonymous — Fri, 04 Dec 2009 19:05:18 GMT

Same here. Had the card for about 15 mths now. I asked for 2 CLI's using the automated phone option. They were both soft pulls and you can enter how much you want to request as a CLI. I went from $2.5-->3k-->5k. I asked at the 6th and 12mth. I was a chicken on the 1st one since I read that 5k is really pretty good for Discover.