topic Re: Synchrony Credit Solutions in Credit Cards

Synchrony Credit Solutions

Anonymous — Tue, 09 Sep 2014 14:10:47 GMT

I always see people suggesting others to call Credit Solutions and asking for 25k on their new cards. Does this generally result in a higher CL? I recently received a PayPal MC with a 2k limit but haven't used it yet. Should I try this?

Re: Synchrony Credit Solutions

leegreen — Tue, 09 Sep 2014 14:35:26 GMT

I took my lowes card from 700 to 5000 to 15000 with two phone calls in a couple of months. I think I left a bunch on the table though as those were the exact numbers I asked for. Best of luck they are normally quite generous at credit solutions.

Re: Synchrony Credit Solutions

Anonymous — Tue, 09 Sep 2014 14:42:21 GMT

Thanks! Do you think I should wait a bit or try right away?

Re: Synchrony Credit Solutions

leegreen — Tue, 09 Sep 2014 14:47:04 GMT

I don't know if usage plays any role in their decisions. They will normally ask you why you need the increase. I have used my lowes card heavily as I have been doing one home project after another all summer. It doesn't seem that time matters at all.

Re: Synchrony Credit Solutions

Creditaddict — Tue, 09 Sep 2014 14:50:48 GMT

Since it's a sp call monthly until it works... I would try to recon now and worse case wait a couple months with usage and try again.

Re: Synchrony Credit Solutions

Anonymous — Tue, 09 Sep 2014 14:55:11 GMT

No go for today, was told it was too soon. At least its just a SP!

Re: Synchrony Credit Solutions

TRC_WA — Tue, 09 Sep 2014 15:01:22 GMT

Credit Solutions makes their decision with a computer... Humans have nothing to do with it. I remember recently you finally acknowledged that CA.

YMMV when it comes to increases.... I've never gotten a luv button increase and am denied when I call as well. I quit trying like 4 months ago and don't even care anymore. $9200 in CLs must have me at a limit despite all my cards being a year old... They did give me $100 on Walmart like 5 months ago and that's all.

They seem to love pulling TU which doesn't help me because all my creditors pull TU.... But once all the inquiries from these accounts age past 1 year in the next 1-3 months my TU score should catch EQ and EX... Then maybe I'll get some love.

Re: Synchrony Credit Solutions

dabrian — Tue, 09 Sep 2014 15:00:00 GMT

Both my Lowe's and Wal-Mart cards started with $300 limits and are currently at 25k and 10k with limited usage. All cli have went thru credit solutions.

Re: Synchrony Credit Solutions

Jerry45 — Tue, 09 Sep 2014 15:11:11 GMT

Same for me 3 weeks ago for my Walmart MC. Was denied by Cred Solutions and the Luv Button, then two weeks later, I logged into my Account and received a Auto CLI.

There is no method to the GE/Synchrony madness, just patience and keeping your account in good standing. It will happen soon. Good Luck

Re: Synchrony Credit Solutions

Jerry45 — Tue, 09 Sep 2014 15:13:23 GMT

Wow !! Hello!! 25k at Lowes and 10k at Wally? 35k in unsecured credit on two cards is awesome. That's a lot of Cabbage

Re: Synchrony Credit Solutions

coldnmn — Tue, 09 Sep 2014 15:22:22 GMT

@Jerry45 wrote:
Wow !! Hello!! 25k at Lowes and 10k at Wally? 35k in unsecured credit on two cards is awesome. That's a lot of Cabbage

It's great until you hit your DTI max and can't get cards you need. Some creditors consider available credit as debt and deny new credit. Something to keep in mind when shooting for more available credit than needed.

Re: Synchrony Credit Solutions

Jerry45 — Tue, 09 Sep 2014 15:29:50 GMT

Good point Cold. High limits on Store Cards can drag you down

Re: Synchrony Credit Solutions

baller4life — Tue, 09 Sep 2014 15:35:47 GMT

@Jerry45 wrote:
Good point Cold. High limits on Store Cards can drag you down

Awesome point. We should all keep that in mind. Don't think I will ask for a $25k limit at Wal-Mart.

Re: Synchrony Credit Solutions

dabrian — Tue, 09 Sep 2014 15:49:33 GMT

@coldnmn wrote:
@Jerry45 wrote:
Wow !! Hello!! 25k at Lowes and 10k at Wally? 35k in unsecured credit on two cards is awesome. That's a lot of Cabbage
It's great until you hit your DTI max and can't get cards you need. Some creditors consider available credit as debt and deny new credit. Something to keep in mind when shooting for more available credit than needed.

That's exactly why I haven't asked for any for increases on my Wal-Mart card. I actually plan on canceling a couple of my cards I have now to reduce my available credit. Costco Amex and Discover are on the chopping block before the end of the year.

Re: Synchrony Credit Solutions

Anonymous — Wed, 10 Sep 2014 13:07:34 GMT

I tried calling credit solutions last night also since i've been stuck with $170 CL from them forever. No clue as to why, but none the less my attempt failed. I'm a bit frustrated because I actually would use the card more if the limit was there, if after 2 years and no increase I really don't see the point in keeping it open except for account age i suppose.

Re: Synchrony Credit Solutions

CreditMagic7 — Wed, 10 Sep 2014 14:12:16 GMT

YMMV

http://ficoforums.myfico.com/t5/Credit-Cards/Argg-Amazon-Store-CLI-Denied/td-p/3424085

Re: Synchrony Credit Solutions

Anonymous — Sat, 14 Feb 2015 00:33:53 GMT

I asked for $2K on Walmart (and was going to ask for same on Amazon) before I was denied. March is six months on both accounts, I'll be closing once I PIF these.