Hey all! I just hit my 1 year anniversary with Fingerhut. This is only commerorative in that it is also the anniversary of when I decided to be deliberate about my rebuild (thus starting with Fingerhut... right?). However, FH decided to send me one of their fabled "Temporary CLI"s to celebrate my birthday. I was really hoping my underlying line would be higher before they started this, but here we are.
So, current CLI was (is) 1450; now offered at 1850 (+400) to purchase (whatever) by May 31. Yes, I spend a pittance there once every 3-4 months or so to keep it active; yes, my balance is currently $0.00, and yes I would love to oust them from my report, but the extra limit is helping me at this time, and thus, so would "a little more credit." I'm at about 37% total util and counting (downward) as quickly as possible.
here are my questions, for anyone who can answer:
1) If I spend $50, and get $50... and then pay it down, then spend another $50 before the deadline, anyone know if they'll offer only that $50 or $100 in perm CLI?
2) Will it SHOW as 1850 on my CRs over the next couple of months, thus looking like a CLD in May when I don't take them up on their (ahem) "generous offer"?
3) Anyone ever tried to PC into Gettington from here?
Thanks!
@Pit-Smoker wrote:Hey all! I just hit my 1 year anniversary with Fingerhut. This is only commerorative in that it is also the anniversary of when I decided to be deliberate about my rebuild (thus starting with Fingerhut... right?). However, FH decided to send me one of their fabled "Temporary CLI"s to celebrate my birthday. I was really hoping my underlying line would be higher before they started this, but here we are.
So, current CLI was (is) 1450; now offered at 1850 (+400) to purchase (whatever) by May 31. Yes, I spend a pittance there once every 3-4 months or so to keep it active; yes, my balance is currently $0.00, and yes I would love to oust them from my report, but the extra limit is helping me at this time, and thus, so would "a little more credit." I'm at about 37% total util and counting (downward) as quickly as possible.
here are my questions, for anyone who can answer:
1) If I spend $50, and get $50... and then pay it down, then spend another $50 before the deadline, anyone know if they'll offer only that $50 or $100 in perm CLI?
2) Will it SHOW as 1850 on my CRs over the next couple of months, thus looking like a CLD in May when I don't take them up on their (ahem) "generous offer"?
3) Anyone ever tried to PC into Gettington from here?
Thanks!
I get these "temporary cli's" all the time. Every three months at least. They range from $300 to $800. I have only, maybe twice, actually purchased something during the "offer periods." Both times it was a 10 pack of socks for about $12 and only on a day when free shipping was offered. Each time, they raised my permanent limit by $50 even though I only spent $12. I've never made purchases multiple times during the same "offer period" so I have no idea if each purchase would trigger an additional $50 permanent increase. I never carry a balance on Fingerhut. When evaluating my overall utilization I never factor in their "temporary increases" so it never hurts my score when they reduce the limit back down after the "offer period." I basically ignore their offers unless I need new socks.
