topic Re: CLI Question in General Credit Topics

CLI Question

CivalV — Wed, 09 Jan 2019 20:09:11 GMT

I just would like to know if my overall UTL will lower due to a $2000 CLI? I am hoping that it will.

How long does it take for the new CL to show on my CR?

Re: CLI Question

Remedios — Wed, 09 Jan 2019 20:18:28 GMT

@CivalV wrote:
I just would like to know if my overall UTL will lower due to a $2000 CLI? I am hoping that it will.
How long does it take for the new CL to show on my CR?

It will lower it, but without knowing your current limits and balances, it's impossible to tell if you will be crossing aggregate utilization thresholds that would lead to score increase

Re: CLI Question

Anonymous — Wed, 09 Jan 2019 20:49:56 GMT

Looks like you’re currently at 8k+ total credit, adding 2k will net you a +25% increase so if you had say $2k balances reporting which is overall 25% útil, adding the 2k CLI will now drop you to 20% utilization. Like posted above we do need to know your balances to see how much of an effect it would give you.

Re: CLI Question

Remedios — Wed, 09 Jan 2019 20:55:35 GMT

I've missed your second question. CLI will "show" next time your card reports