Discover CLI HP/SP?

Anonymous · ‎07-06-2018

I am currently in underwriting for a mortgage. I was wanting to ask for a CLI on my Discover card but wanted to make sure it would be a soft pull. This is what they said on the CLI page. Does this mean they won't do a hard pull without asking first? That is how I take it but wanted to check with y'all. Thanks!

After reviewing your application, we may need to pull a credit bureau report, which may affect your credit score. In these cases, we will proceed with the application only with your consent.

Shadowfactor · ‎07-06-2018

It’s a SP.

You will receive a separate thing asking for permission if it wants a HP.

Total Revolving Limits $254,800

Anonymous · ‎07-06-2018

@Anonymous
@Anonymous wrote:
I am currently in underwriting for a mortgage. I was wanting to ask for a CLI on my Discover card but wanted to make sure it would be a soft pull. This is what they said on the CLI page. Does this mean they won't do a hard pull without asking first? That is how I take it but wanted to check with y'all. Thanks!

After reviewing your application, we may need to pull a credit bureau report, which may affect your credit score. In these cases, we will proceed with the application only with your consent.

SP. I believe that they will ask your permission before doing a HP.

CCrew · ‎07-06-2018

Going for a mortgage I wouldn't be trying CLI's on anything until after the mortgage closes. That's just me tho.

RonM21 · ‎07-07-2018

As the others have said, it should be SP and they will let you know otherwise. In my opinion, a SP increase should not have any effect on the mortgage situation. All it will do is show a larger limit when it updates on your reports. Nothing negative.

Total CL: $321.7k

UTL: 2%

AAoA: 7.0yrs

Baddies: 0

Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

Shooting-For-800 · ‎07-18-2018

SP for sure (for me).

I click it all the time and just got a $4k CLI few days ago.

I check my CR all the time so I know there is no HP.

Rebuild started in 2014 - $100k unsecured credit in 2017 - $500k unsecured credit in 2024.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!

Anonymous · ‎07-18-2018

@CCrew wrote:
Going for a mortgage I wouldn't be trying CLI's on anything until after the mortgage closes. That's just me tho.

As long as it is without a HP, it shoyldn't have any negative effect on your credit profile. In fact, might as well boost your credit worthiness.