topic Re: Just curious about Home projects visa Cli in Credit Cards

Just curious about Home projects visa Cli

montana586 — Mon, 28 Jul 2014 18:17:02 GMT

Has anyone ever got a Cli on this card? When I bought my Windows last year for the house this is what they financed me with 3yrs no interest anyone who is familiar with the card knows its a revolving line but only a certain percentage u can use anywhere. From what ive read this line can be used at other merchants that involve home improvement with those merchants setting the terms?? Has anyone asked or received a cli on this card? I would love to couple this card with my Lowe's card to do some things around the house

Re: Just curious about Home projects visa Cli

IWOL — Mon, 28 Jul 2014 18:21:15 GMT

I requested a CLI by phone ony WHP Visa a few months back. I was denied at the time due to the 1 baddie still on my account which was a 6 year old charge off.

They did a hard pull on TU.There is no CLI request button online, you have to call in and assume it will be a hard pull but you might get lucky with a soft.

Re: Just curious about Home projects visa Cli

montana586 — Mon, 28 Jul 2014 18:37:06 GMT

I had a feeling u would respond lol when I first got the card I typed it in the search bar and read all your old threads on it but good to know thanks for that kinda sucks cuz I dont wanna take a Hp for that particular card but oh wel

Re: Just curious about Home projects visa Cli

ZMBPHD — Tue, 29 Jul 2014 18:05:20 GMT

@montana586 wrote:
I had a feeling u would respond lol when I first got the card I typed it in the search bar and read all your old threads on it but good to know thanks for that kinda sucks cuz I dont wanna take a Hp for that particular card but oh wel

@I'm cracking up @ "I had a feeling u would respond" IWOL has responded to my recent posts regarding this line of credit. He seems to be the only one with knowledge of this mysterious line of credit. I want to apply for this card but i found out about 2 weeks ago that there is a baddie on my TU that would make it impossible for me to get approved. Currently trying to get it removed. To top it off, I received a call from TRANE letting me know of a new financing special of 0% interest for 36 Months. Such a sweet deal and I can't even take advantage of it, at the moment. This just goes to show even a 730+ credit score and 28% DTI can’t always get you approved. *sigh*

Re: Just curious about Home projects visa Cli

montana586 — Tue, 29 Jul 2014 18:22:16 GMT

Wow who told u that? When I was approved for this line of credit I still had an unpaid medical bill from 2008 for $238!!!!!!!!!! And they approved me for $5200 I dont think this card is all that strict as far as requirements what kind of baddie do u have and how old is it?

Re: Just curious about Home projects visa Cli

ZMBPHD — Tue, 29 Jul 2014 18:39:39 GMT

It's a college loan that was with Direct Loans. They are no longer in business and the loan has been transfered to a different servicer. Anyway, there are 6 120+ lates on my TU report. I have credit monitoring and pull my report every month and it was never on there. Well, I decided to do my free annual credit report and got my report directly from TU and lo and behold there it is. The thing is it is so old I don't know if I really didn't pay or if it was supposed to be in forbearance since I was in and out of college back then. The reason why I say I will not be approved is because I applied for a credit line increase and was denied. That's when I ordered my TU report. If you have any other insight about how i may be able to get around that, then i'm all eyes/ears.

Re: Just curious about Home projects visa Cli

montana586 — Tue, 29 Jul 2014 19:40:23 GMT

Ok now things are clear and I can see where your coming from do u still owe on this loan? Because for them to start reporting 120 lates out of the blue is kinda weid because u said it was never there before did u already contact who this was transferred to? Have u already been to the student loan forum? Do u know what year specifically the lates are reporting? I ask because u said this was pretty a old account as u already know probably 120 lates sting the entire time they are on your report as to where 30 60 and 90 dont last as long from what ive read not sure about the 90 part exactly so dont quote me on that one

Re: Just curious about Home projects visa Cli

ZMBPHD — Tue, 29 Jul 2014 20:35:13 GMT

Its really strange because the credit reports that I get from monitoring do not show it. but the one from TU is showing it. I don't know why this account shows on one and not the other. I don't think it's popping up out of the blue. The loan has been transfered and I've been making payments on it, paid as agreed without any lates. the account is showing transfered to different servicer. I put in a dispute with TU. I'm just waiting to see what the outcome is. There has been a great deal of mix up since Direct Loans went under. From what I read on this forum, many have gotten the entire line removed from their reports or all lates changed to paid as agreed. Keeping my fingers crossed that the same will happen in my case.

Re: Just curious about Home projects visa Cli

montana586 — Tue, 29 Jul 2014 22:25:03 GMT

I have read in rare cases of third party reports not being accurate which is why u always pull directly from the bureau in a situation like this like what u did. So here's me keeping my fingers crossed for you as well keep me posted

Re: Just curious about Home projects visa Cli

ZMBPHD — Wed, 30 Jul 2014 02:32:28 GMT

@montana586 wrote:
I have read in rare cases of third party reports not being accurate which is why u always pull directly from the bureau in a situation like this like what u did. So here's me keeping my fingers crossed for you as well keep me posted

Thanks for the crossed fingers! I have a question for you. If you dont mind my prying. you mentioned you had a medical bill that wasn't paid. did it have any lates on it or was it a collection, when you applied for the WFHPV? I wonder if it would be worth my trying to apply for it.

Re: Just curious about Home projects visa Cli

montana586 — Wed, 30 Jul 2014 02:42:02 GMT

As far as I kno a medical bill cant report lates because its not an installment loan its a collection and im almost positive its illegal for them to report it that way. I would say hold off on the WFHPV until u have this matter cleared up no sense in burning a Hp imo... the reason u were probably seeing that 730+ is that it wasn't on that report u pulled if thats when u pulled it of course. ... might as well give urself the best chance possible u kno what I mean?

Re: Just curious about Home projects visa Cli

montana586 — Wed, 30 Jul 2014 02:48:06 GMT

And as far as I kno the only thing they can do as far as a collection goes is update the DOLA as often as they want which will hold ur score down some but not sure how much which I find to be a BS loophole in the FICO Scoring system because its not as if its a new collection but the system somehow treats it as such

Re: Just curious about Home projects visa Cli

ZMBPHD — Sun, 03 Aug 2014 16:43:18 GMT

@ZMBPHD wrote:
Th
@montana586 wrote:
I have read in rare cases of third party reports not being accurate which is why u always pull directly from the bureau in a situation like this like what u did. So here's me keeping my fingers crossed for you as well keep me posted
Wooooo Hoooo!! It looks like Equifax removed all 6 of the 120 Days Late! I thought they would have just changed to OK but they removed all payment history and listed the account as paid as agreed. It was actually double reporting. The new loan servicer is counting payment history from inception. So, i suppose it makes sense to remove one from the report if the other is already showing. I got the e-mail last night and was so excited! now, i'm just waiting for Transunion to finish with their dispute requests. Anyway, wanted to update your guys on that matter. Looks like your crossed fingers did the trick, montana586! i wonder what type of results i could have gotten if you would have crossed your legs and eyes, too?!

Re: Just curious about Home projects visa Cli

montana586 — Mon, 04 Aug 2014 00:54:14 GMT

Lol now thats funny..... good luck on Trans let me know what they say