Re: Discover cli denial reason?

Honeykissez · ‎08-30-2021

I got denied a cli from discover. It graduated to unsecured in April. I'm not sure what this denial reason means. "Insufficient Experience w/ Current Discover Card Credit Limit". Does discover want me to run up the $1,800 credit limit?

Discharged BK 8/5/2020
Fico 8: Ex 537 - Tu 522 - Eq 572

8/5/21: Ex 653 - Eq 669 - Tu 727

Rebuilding: 8/21 Secured nfcu $200 - increased by nfcu on 11/7 to $600 - graduated 2/10 $2,000 ~ 9/10 Secured Discover It $200 - graduated 4/22 $1,800 ~ 12/8 Mercury MasterCard $750 unsecured ~ 4/8 Target $1,200 ~ 5/2 Apple Card $850 ~ 5/31 Quicksilver $2000 ~ 8/7 Nfcu Go Rewards $12,500

MileHigh96 · ‎08-30-2021

@Honeykissez wrote:
I got denied a cli from discover. It graduated to unsecured in April. I'm not sure what this denial reason means. "Insufficient Experience w/ Current Discover Card Credit Limit". Does discover want me to run up the $1,800 credit limit?

My guess would be that since it's only been unsecured for less than 6 months so far, that's not enough of a time frame for them to judge whether or not to grant your CLI. I would wait a few more months and then maybe try again.

BK7 discharged - 06JUL2021
Loans:

Revolving Accounts (in the order they were opened):

Ally Everyday Cash Back Mastercard (converted from Ollo Platinum Rewards Mastercard) $4800 CL (opened 7/21/21)

Mercury Mastercard $4360 CL (opened 7/23/21)

Upgrade Triple Cash Rewards Visa Card $17,500 LOC (opened 8/4/21)

PenFed Pathfinder Rewards $6000 CL (opened 11/9/21)

Dell Pay Credit (converted from Dell Financial Services account) $6500 CL (opened 12/6/21)

Capital One Kohls Visa (converted from Kohls store card) $3300 CL (opened 12/13/21)

Upgrade Cash Rewards Visa Card $7,000 LOC (opened 3/17/22)

Capital One Quicksilver MC (PC'd from a Platinum card) $3200 CL (opened 5/6/22)

Capital One Savor One MC $5000 CL (opened 10/20/22)

Merrick Bank Double Your Line MC $2500 CL (opened 11/1/22)

NFCU cashRewards Plus $28000 CL (opened 3/17/23)

Affinity FCU Pure Rewards Visa $1500 CL (opened 5/18/23)

Bread Cashback AmEx $10000 CL (opened 5/23/23)

Canvas CU Platinum Elite MC $3000 CL (opened 5/25/23)

NFCU Go Rewards Visa $23000 CL (opened 6/16/23)

Petco Pay Mastercard $5100 CL (opened 6/29/23)

My GM Rewards Card Mastercard $5500 CL (opened 8/1/23)

Denver Broncos Extra Point Visa $8500 CL (opened 12/8/23)

NFCU More Rewards AmEx $9000 CL (opened 2/8/24)

Ally Unlimited Cash Back Mastercard $3000 CL (opened 4/3/24)

Service Credit Union Everyday Visa $2500 CL (opened 8/19/24)

BECU Cash Back Visa $16000 CL (opened 8/21/24)

Closed accounts:

Mission Lane Visa - first starter card after discharge (opened 7/7/21 - closed 4/1/23)

Capital One Quicksilver MC (downgraded from a Walmart Rewards MC and transfered CL to older QS card) (opened 11/4/22 - closed 04/09/25)

Best Egg Visa (opened 05/17/22 - closed 04/14/25)

0/6, 2/12, 11/24 new accounts
TCL: $144.2K

RSX · ‎08-30-2021

agreed - i always read that as - Too Soon since your Last Increase

with Disco, you can try every month anyway - so give it a couple of more months - and make sure you do use it during that time

Dec 16/2019. EX. 721. EQ. 723. TU 746
Jan 25/2024 EX. 774 EQ. 751 TU 758
Inq. EX 2 EQ 3 TU 6 - - CC 2x24, 0x12
Amex BCP $35k - Apple GS $21k - BMW/Elan $19k - Cap1 QS $16.7k - Chase Amazon $13.6k - Chase Bonvoy Bountiful $10k - Chase United Club Infinite $26k - Citi CustomCash $3k - Citi DC $14.5k - CreditUnion1 $9k - DiscoverIT $31.5k - PayBoo - $15.6k - Penfed Gold - $19.3k - USB AltitudeGO -$19k- USBank Cash+ -$25k - PenFed LOC - $20k - USB LOC - $15k

BigBS · ‎08-30-2021

Get that all the time with Discover and I have had one of their cards since 2014. Probably because I ask every time a statement cuts it is true that I have insufficient experience with current credit limit. I have found that usage and time since last increase seem to be the big factors besides overall credit rating.

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

AverageJoesCredit · ‎08-30-2021

@Honeykissez wrote:
I got denied a cli from discover. It graduated to unsecured in April. I'm not sure what this denial reason means. "Insufficient Experience w/ Current Discover Card Credit Limit". Does discover want me to run up the $1,800 credit limit?

Just means not right now, try again. Dont read too much into it though using ones Discover card is much more prone to getting Disco luv than one who does not

Anonymous · ‎08-30-2021

I noticed my denials are similar and always refer to the my last discover fico scorecard on file. Maybe try again when it updates.

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