cancel
Showing results for 
Search instead for 
Did you mean: 

CL question

tag
tbea1004
Frequent Contributor

CL question

I have a Lowes card with a 30K limit, Venture 10k, Chase Hyatt 8k, BCE 4K, QS1 1K and 1.3K, Discover 1.5k and Kohls 400. When Ip start getting my CLIs will they give me big bumps to catch up with my high limits? If I get a new Venture card is it likely they will try to match my Lowes limit? I keep my UTI under 8%and all payments always on time. Scores Ex 726, Eq 707 and Tu 749.

Message 1 of 3
2 REPLIES 2
FinStar
Moderator Emeritus

Re: CL question

A lot will hinge on your income, overall credit profile DTI, etc.  Some lenders *may* consider your overall CLs as a barometer but not necessarily match them as far as CLIs go, yet some will match or exceed them - just depends on the lender and their UW criteria.

Message 2 of 3
SecretAzure
Valued Contributor

Re: CL question


@FinStar wrote:

A lot will hinge on your income, overall credit profile DTI, etc.  Some lenders *may* consider your overall CLs as a barometer but not necessarily match them as far as CLIs go, yet some will match or exceed them - just depends on the lender and their UW criteria.


No weight to the grand scope of things but my personal experience is as follows:

If you spend on your cards with Chase and Barclay's, they seem to give you decent CLI's to match your other cards (or at least get close).

Amex seems to be in it's own little world.

Synchrony also seems to be in it's own world.

 

Can't speak for anybody else. Smiley Happy

"Show your thanks with action! Hit the "Kudos" button (the stripe with the star) for every post you find helpful to show your appreciation to the community of great individuals who help you on these forums" -Me

Active Cards: Chevron Texaco, Amex BCE, Barclays Ring, Chase Freedom, Chase Freedom Unlimited, Best Buy Visa, Marvel MCMust garden until 2/1/2022 to hit my goal AAOA. Smiley Indifferent
Message 3 of 3
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.