topic Re: Fingerhut luv - are they always this fast? in Rebuilding Your Credit

Fingerhut luv - are they always this fast?

Anonymous — Mon, 08 Jun 2015 22:38:24 GMT

I opened a Fingerhut account last month because they were one or two places that had a laptop I wanted to purchase. Amazon wasn't going to extend me credit, but Fingerhut did and with a $50 off coupon it ended up being cheaper than Amazon.

I was approved for a $600 CL and used $390 of it. Paid it down to $250 in the first 2 weeks.

They just gave me a $250 CLI., 30 days after I opened the account.

Is this a double-edged sword? Are they as quick to reduce CLs as they are to raise them?

Re: Fingerhut luv - are they always this fast?

Pway — Mon, 08 Jun 2015 22:53:39 GMT

I have a fingerhut account as well. I receive cli's as well on my account. I opened mines in October, 2014 and I have received two CLI's. One for 600 and one recently for 500. My account is sitting at 1400, but I use the account frequently. Each month I pay over the min payment. Yes they are excellent with CLI's.

Re: Fingerhut luv - are they always this fast?

Anonymous — Tue, 09 Jun 2015 15:55:06 GMT

Today I got a text that I got a CLI. It's up to $1,100 instead from $600. Guess they decided to do $500 instead of $250.

Maybe I should start Christmas shopping early lol.