@austinguy907 wrote:
@credit_endurance wrote:
Hello forum,
Question for the discover veterans out there
I was approved for a counter offer Discover IT last April with a $1,200 SL & 23.49 Apr. The card has grown to $3,600 but has seen no further cli's since February of this year. I think I have reached my credit max on this card. My profile has improved dramatically since the approval so I was thinking of apping for another discover IT, shift the credit line from my current card to the new one, and close the old one. How would you think my chances of doing this would be? And would a higher approval SL & lower Apr place my odds better to aboard that much coveted disco train😉
Opening another card is an option but, there's been a train derailment since 3/29 which may or may not be the reason you haven't seen any movement. If you can provide more of a snapshot of then/now for comparison it might be easier to point you in the right direction but, with the scores in your signature it would suggest that you have some more stuff to clean up or just are lacking some aging due to a few too many new accounts.
Opening a 2nd card with Disco probably won't do much for you the way you're thinking it will.
I would hop on chat and request a rate reduction though to gauge where you're at specifically with Disco at this point. If they don't offer a perm rate reduction then ask if there are any special offers on your account like a 0% period. As for the combining of CL's and such it's a mixed bag of results from either at opening they offer to combine instead of sending out a new account, some get told they have to wait 90 days before moving CL's around.
Yes. In April 2016 received the borderline counteroffer with a judgement , state tax lien, and several student loan lates reporting score ate approval was 640 according to EXP not sure what my EQ was as they double pulled. As of today I have the judgement and state tax lien removed only thing showing is the student loan lates. I have added multiple accounts since then but they are finally aging as I have been in the garden since February.
I did did start a thread a couple months ago about an temp APR reduction on here but can't seem to locate it for some reason lol! They offered a temp reduction from 23.49 to 18.49 for 6 months as well as a 0% BT offer for 14 months I believe.
As for spending, not much since the first of the year (which could explain the lack of cli's) Although I did just take advantage of that BT offer and shifted $ 780.00 to my barclay card.
CLI's where at 73 day mark $ 500 then at 93 days $ 900 then another after 90 days for $500 then my last one in February for $500 ...And that's all she wrote!..
Scores according to their website have been as high as 724 to as low as 677 from the start of my account history.
Starting FICO08 Scores 2016 All in the mid 500’s
Current FICO08 Scores SEP 2023 (TU 834) (EQ 831 (EXP 831)
“The credit is no longer bruised, it has endured the test of time” (formally know as bruisedcredit)
got 1,000 increase. This is the 3rd CLI following the 90 day waiting period since I opened it. Hopefully can keep this going and growing lol