topic Re: They said YES to CLI, but I said no :( in Credit Cards

They said YES to CLI, but I said no :(

Anonymous — Tue, 11 Sep 2007 21:37:37 GMT

I tried to get a new CLI, they looked at something and said sure, but we need to pull a hard inq. Grr. It was all about posting the inq. I feel like a cow waiting to be branded. I turned down the CLI. I rather not have credit at the moment than take another inq hit. Why do inqs have to be so painful?

Re: They said YES to CLI, but I said no :(

Anonymous — Tue, 11 Sep 2007 21:40:13 GMT

ilovepizza wrote:
I tried to get a new CLI, they looked at something and said sure, but we need to pull a hard inq. Grr. It was all about posting the inq. I feel like a cow waiting to be branded. I turned down the CLI. I rather not have credit at the moment than take another inq hit. Why do inqs have to be so painful?

I feel your pain Pizza. LOL!! Not sure I was at the 6 mos mark on my CB card. Called to see about a CLI was told I was a few days early. Asked if I could get it anyway,she started reading the script about them MAYBE needing to do another hard. I said 'No thank you, thank you for your time.'

Re: They said YES to CLI, but I said no :(

MidnightVoice — Tue, 11 Sep 2007 21:41:50 GMT

I would have thought that with 20 credit cards:

a) an extra inq wouldn't hurt

b) an extra CLI wouldn't help.

Have you considered joining The Sleigh Center?

Message Edited by MidnightVoice on 09-11-2007 04:41 PM

Re: They said YES to CLI, but I said no :(

Anonymous — Tue, 11 Sep 2007 21:48:08 GMT

MidnightVoice wrote:

I would have thought that with 20 credit cards:

a)and extra inq wouldn't hurt

b) an extra CLI wouldn't help.

Have you considered joining The Sleigh Center?

Who me? I only had 13 and I closed 3 or four. Besides, I am a senior member of the sleigh center.

BTW you do speak some truth. I ran a simulator on the effects of increasing limit on that card by 5k and the effects were non existent...lol

Message Edited by Brammy on 09-11-2007 05:48 PM

Re: They said YES to CLI, but I said no :(

MidnightVoice — Tue, 11 Sep 2007 22:03:23 GMT

Brammy wrote:

Who me?

I was referring to the OP

Re: They said YES to CLI, but I said no :(

Anonymous — Tue, 11 Sep 2007 22:05:34 GMT

MidnightVoice wrote:

Brammy wrote:

Who me?

I was referring to the OP

And here I thought you were trying tohelp keep me on the straight and narrow sleigh center walk.

Message Edited by Brammy on 09-11-2007 06:05 PM

Re: They said YES to CLI, but I said no :(

MidnightVoice — Tue, 11 Sep 2007 22:14:22 GMT

Brammy wrote:

And here I thought you were trying tohelp keep me on the straight and narrow

Personally, I find the straight an narrow way too boring

My reason for being on this board is to give bad advice with a little humor, and to pick up lose women

Re: They said YES to CLI, but I said no :(

fused — Tue, 11 Sep 2007 22:59:53 GMT

MidnightVoice wrote:

Brammy wrote:

And here I thought you were trying tohelp keep me on the straight and narrow

Personally, I find the straight an narrow way too boring

My reason for being on this board is to give bad advice with a little humor, and to pick up lose women

Picking up lose women eh? Please be advised this is your second warning in less than sixty days...continued violations of myfico's TOS and UG will result in...

Re: They said YES to CLI, but I said no :(

Anonymous — Tue, 11 Sep 2007 23:01:09 GMT

Fused, you been talking about me to Midnight??

Re: They said YES to CLI, but I said no :(

MidnightVoice — Tue, 11 Sep 2007 23:08:06 GMT

Brammy wrote:
Fused, you been talking about me to Midnight??

The stories I could tell..........

Re: They said YES to CLI, but I said no :(

Anonymous — Tue, 11 Sep 2007 23:09:49 GMT

It just HAS to get busier around here. lol!!

Re: They said YES to CLI, but I said no :(

fused — Tue, 11 Sep 2007 23:12:30 GMT

MidnightVoice wrote:

Brammy wrote:

Fused, you been talking about me to Midnight??

The stories I could tell..........

Save it! I haven't the slightest interest in reading about your escapades, conquests or any war stories for that matter!

Re: They said YES to CLI, but I said no :(

John060675 — Tue, 11 Sep 2007 23:22:17 GMT

Sorry to get this post back on subject, but wouldn't a CL increase outweigh the inquiry in the long run? I understand about the lowering of the score initally, but if you are not going to make a major purchase within the year why not get the CL increase?

Re: They said YES to CLI, but I said no :(

Anonymous — Tue, 11 Sep 2007 23:27:48 GMT

John060675 wrote:

Sorry to get this post back on subject, but wouldn't a CL increase outweigh the inquiry in the long run? I understand about the lowering of the score initally, but if you are not going to make a major purchase within the year why not get the CL increase?

Actually depending on your current utilization and cards limits as well as other things in your history, maybe not. I was requesting double the limit on this card from 5k to 10 but since I am at 1-9% as of right now, it would do nothing to my score but may result in a drop in score from the additional inquiry.

Or on the other had if the limit increase would not be enooughto push you down with current utilization.

Message Edited by Brammy on 09-11-2007 07:27 PM

Re: They said YES to CLI, but I said no :(

Anonymous — Tue, 11 Sep 2007 23:33:09 GMT

@MidnightVoice wrote:
I would have thought that with 20 credit cards:
a) an extra inq wouldn't hurt
b) an extra CLI wouldn't help.
Have you considered joining The Sleigh Center?

Message Edited by MidnightVoice on 09-11-2007 04:41 PM

You know, had you not posted this reply I would not have changed my mind. lol. That was Phase 1 of the 850 plan; get all inq's out of the way first and wait 12 months for them to fall off. Getting hit with new inq's would start the 12 month cycle over again. I just didn't want the inq on EX. I took the chance.

Well. I got my CLI and they didn't hit EX! Thanks MV for the push! My CR went down 10 points from the inq and up around 10 points from the UTL. Mostly no score change maybe even an increase. EX hates my inqs. Actually it was probably a 50/50 chance it would have hit EX. I'm happy! Ok, this is it. No more credit card apps. No more CLIs. No more inquiries! I need to stay on track with the 850 plan.

Message Edited by ilovepizza on 09-11-2007 04:33 PM

Re: They said YES to CLI, but I said no :(

Anonymous — Tue, 11 Sep 2007 23:39:29 GMT

Congrats Pizza now head to the center for your meds...lo!!