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Does a Usbank CLI denial reset clock

Writechecks1
New Member

Does a Usbank CLI denial reset clock

tried searching for answer but could not find an answer except from a post from 2009. 

Anyone know if the 6 month clock gets reset if denied a CLI with usbank?

 

 

Message 1 of 4
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FinStar
Moderator

Re: Does a Usbank CLI denial reset clock

It really depends on what the reason(s) were for the CLI being declined.

 

Was your request HP or SP?  What reasons did they cite? 

Message 2 of 4
Writechecks1
New Member

Re: Does a Usbank CLI denial reset clock

I didn't request one as of yet. Was curious if I do get denied. 

Otherwise I can just wait it out a month or 2 and I'll have a auto loan payed off. 

Message 3 of 4
Writechecks1
New Member

Re: Does a Usbank CLI denial reset clock

Also does the 1/12 rule apply to CLI as well. 
im assuming not

Message 4 of 4
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