topic Re: Bill Me Later (BML) in Credit Cards

Bill Me Later (BML)

dbw79 — Tue, 18 Mar 2014 14:38:49 GMT

Just wondering how big the credit lines people are receiving at approval? Anyone get instantly approved for $3-$4k immediately. I only ask because I see a lot of toy limits out there on this hidden trade line. Being this is Comenity backed, I am assuming it is always an Equifax pull, correct? Also, I know you can automatically request a cli (SP) buy attempting to purchase an item over your approve credit line. Is there a way to just log in and request a cli on their website or thru their phone system?

Thanks for the information.

Re: Bill Me Later (BML)

Creditaddict — Tue, 18 Mar 2014 14:50:01 GMT

@dbw79 wrote:
Just wondering how big the credit lines people are receiving at approval? Anyone get instantly approved for $3-$4k immediately. I only ask because I see a lot of toy limits out there on this hidden trade line. Being this is Comenity backed, I am assuming it is always an Equifax pull, correct? Also, I know you can automatically request a cli (SP) buy attempting to purchase an item over your approve credit line. Is there a way to just log in and request a cli on their website or thru their phone system?

Thanks for the information.

Unless your first purchase is big I don't think you see high limits at approval.

As far as I know you can't just request an increase somewhere, it's done through purchases only.

Re: Bill Me Later (BML)

BrokaToe — Tue, 18 Mar 2014 14:51:30 GMT

@dbw79 wrote:
Just wondering how big the credit lines people are receiving at approval? Anyone get instantly approved for $3-$4k immediately. I only ask because I see a lot of toy limits out there on this hidden trade line. Being this is Comenity backed, I am assuming it is always an Equifax pull, correct? Also, I know you can automatically request a cli (SP) buy attempting to purchase an item over your approve credit line. Is there a way to just log in and request a cli on their website or thru their phone system?

Thanks for the information.

I just signed up for BML a few days ago and was given a $474 credit line. But I was making a purchase for only $74 when I chose to go with BML. Their terms say that you will be approved for the amount of your purchase or $250 with ever is greater, but I guess some people get larger than $250 straight off the muscle.

There was another person that out right applied for it without making a purchase and received a $2,000 credit line so I'm thinking that may be the better way to do it and then go to make your purchase.

As far as CLI some people have had luck calling in and asking for a larger line, but normally the way to do that is just purchase something over your current available credit line. Just remember, it doesn't report to the CB so having a larger line doesn't really mean anything unless you need it for a purchase.

Hope this helps.

Re: Bill Me Later (BML)

dbw79 — Tue, 18 Mar 2014 14:55:45 GMT

Thanks. Appreciate all the feedback.

Re: Bill Me Later (BML)

dbw79 — Tue, 18 Mar 2014 14:56:00 GMT

Thanks CA.

Re: Bill Me Later (BML)

smittyboy020 — Tue, 18 Mar 2014 15:17:59 GMT

My initial limit was $965 (iPhone 5 purchase). My second purchase, (Zales) placed me at my current limit. Both were HP's on EQ because of the amounts I was requesting.

Re: Bill Me Later (BML)

Creditaddict — Tue, 18 Mar 2014 15:21:47 GMT

@smittyboy020 wrote:
My initial limit was $965 (iPhone 5 purchase). My second purchase, (Zales) placed me at my current limit. Both were HP's on EQ because of the amounts I was requesting.

WHAT? once open they are not suppose to ever take a HP and I would send in request for that to be removed.

Re: Bill Me Later (BML)

dbw79 — Tue, 18 Mar 2014 15:39:30 GMT

Thanks Smitty. That seems like a pretty decent c/l for BML. They hard pulled you though a 2nd time?

Re: Bill Me Later (BML)

smittyboy020 — Tue, 18 Mar 2014 17:01:43 GMT

A month after the 2nd HP, they both disappeared. I called to inquire about the pulls, and they claimed to have no record of any pulls. It's been about a year and they haven't returned.

A HP ghost!!!

Re: Bill Me Later (BML)

sadiespapa — Tue, 18 Mar 2014 19:22:31 GMT

I app'd yesterday through a paypal invitation email I got. Checked EQ this morning and sure enough, HP. EQ is my lowest score. I'm really suprised they gave me a 2k line.

Re: Bill Me Later (BML)

dbw79 — Tue, 18 Mar 2014 19:26:22 GMT

Congrats on the approval. So they gave you $2k instantly, and you did not purchase anything?

Re: Bill Me Later (BML)

sadiespapa — Tue, 18 Mar 2014 19:32:24 GMT

Correct... I did not purchase anything. And, thanks! Paypal had been sending me emails every week, inviting me to app for BML. This particular email offered a $10-back promo if i make a purchase within the next 30 days. I thought for sure they'd start me out at $250. I dont have any store cards with promo finiancing, so I got this to have the ability to spread $99+ purchases out interest free over 6 months, if I choose. I've been a paypal member for 10 years, and never had any ACH fails, or negative feedback on ebay. Im wondering if they take any of that into consideration.

Re: Bill Me Later (BML)

dbw79 — Tue, 18 Mar 2014 19:41:33 GMT

nice. Congrats again.

Re: Bill Me Later (BML)

Kennie02 — Thu, 20 Mar 2014 09:49:35 GMT

Creditaddict,

I also got a HP! Who would I request it be removed?

Re: Bill Me Later (BML)

takeshi74 — Thu, 20 Mar 2014 12:26:56 GMT

@Creditaddict wrote:
WHAT? once open they are not suppose to ever take a HP and I would send in request for that to be removed.

Citation? FAQ indicates otherwise:

https://www.billmelater.com/help/index.xhtml

Do you review my credit report every time I make a purchase? No—a credit report is reviewed when you apply for a Bill Me Later account and occasionally when you ask for an increase in your credit line. Periodically, updates of your report are obtained, but these updates have no impact on your credit score. Your account is reviewed quarterly.

Re: Bill Me Later (BML)

pazuzu — Thu, 20 Mar 2014 15:33:54 GMT

I got two unsolicited CLIs last yr.

My CL is now $5K.