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Bad Credit Card Debt Is on the Rise
April 26, 2019
"“Certainly, this has been one of the longest recoveries, so, in general, we have been contracting credit policy at the margin and tightening,” Discover CEO Roger Hochschild said in an interview. Hochschild said his company has been closing inactive accounts and slowing down the number and size of credit-line increases for both new and existing customers."
I got a 300 increase about 3 months ago after reading this post i went and checked and they offered me another 300$ i declined it does it supposed to go up next time i check it lol ? Also im pre apporved for a 2nd card but havent pulled the trigger i think im at 99k avi credit gonna see what i can do to get that last 1k lol
@howellco2 wrote:I got a 300 increase about 3 months ago after reading this post i went and checked and they offered me another 300$ i declined it does it supposed to go up next time i check it lol ? Also im pre apporved for a 2nd card but havent pulled the trigger i think im at 99k avi credit gonna see what i can do to get that last 1k lol
Honestly I have no idea if the offer will go up, but as others pointed out to me I just took it because if I wait and it doesn't go up, essentially I could have taken the first offer then become eligible for another one.
@AverageJoesCredit wrote:
There is no guarantee that you would be offered more than $300 next time though you might be prime csndidate for DD. If you were getting my special offered id say no way on a DD. Oh wait that only applies to me, sorry....
I got two letters today (the Disco, "NO soup for you" thing)....whoopie more wallpaper to donate.
Too funny...I got TWO (2) letters in the mail congratulating me on my Uber Visa CLI when I haven't even received the card yet