I've seen a lot people post on here that GE Credit (underwriter) is ficle and that there isn't any ryme or reason for how or what they do. To tell you the truth, that's why I've never had the guts to apply. Do you have a lot of inquries lately? I'm guessing no bads? High installment balances? ...Just throwing out ideas as to why
@ah87 wrote:I guess I should be grateful.. I just applied for a Lowes card and was approved..... for $300. I cant do anything with that!!! I immediately called the recon number and they did the process, I even asked for 7k instead of the 25k everyone else recommends and told them that i need home renovations done- which i do!. They said they were unable to increase limit at this time and i would recieve a letter in the mail. BOOOO!!!!! They didnt even counter. Im so upset. All my other synchrony back cards are at least 1k limits. All my utilization is under 30% mostly 19-22% except for my credit card. What gives?
Old Navy-1K
Ann Taylor- 1500
JCP- 1800
Walmart- 1800
Mortgage 1 year in with 875 payment Streamline refinance completed yesterday to change payment to 750 monthly (and they didnt pull credit)
WP Credit Card- 1500
Cap 1 Credit Card- 2500
Credit score ranges from 658 experian to 701 transunion
I would say you dont currently have any experience at the 7K level and your scores are low. You need to work on getting some prime cards that are at least 5K CL. Also pay down your util to 1 card reporting no more than 9% of its CL.
OP's credit scores are much higher than mine were when I was approved and I had no prime cards at the time. I would say however, I did go in store to purchase a dryer for my mother when I apped for the Lowe's card. I was approved for a small CL and took the advice of the members here.....as I sat in my car in the Lowe's parking lot, I called to RECON the CL and was approved for $5,000. I grew chicken feathers when it came to asking for the $25K.
