I've been helping my mom with her credit, essentially doing for her what I've been doing for myself -- judiciously increasing the number of tradelines, getting the limits up, getting the utilization down, and then watching it all grow pretty flowers.
I keep spreadsheets with all her data and today it was time to step on the gas with regards to those limit increases. Mom has several Citi products -- 1 revolver and 3 underwritten retail cards. Now I'm not ready to add any more plastic children to my collection but when I am -- when it's time to re-bucket -- I'm totally going for Citi next as they were unbelievably generous.
Here are some stats I hope are useful:
Mom's current scores: EX 751, EQ 738, TU 755
Home Depot/CBNA
Opened Nov 2013
Hard pull of Experian
Previous CL: 4,700
I asked for 20K and got it. Increase of 15,300.
Best Buy/CBNA
Opened Sep 2016
Hard pull of TransUnion
Previous CL: 3,000
I asked for 13K and got it. Increase of 10,000
Citibank Costco Anywhere Visa
Opened July 2017
Hard Pull of Equifax
Previous CL: 6,500
I asked for 15K and got it. Increase of 8,500
Macy's/Citi Retail Services
Opened Sep 2005
Soft Pull
Previous CL: 10,000
I asked for 20K and got 16K. Increase of 6,000.
So yeah, thanks Citi for the extra 39,800 bucks. Mom's utilization just became miniscule and I just became cooler than my sister. At least for a while.
It was only 5 month ago my macys was at 1000 and my hd was at 500. Now they’re at 11 and 10. 😃
Nice job Cleats
. Just keep in mind Citi has been known to factor total exposure over all their cards , retail and legacy, in future cli requests. Not sure the max but it is possible that could end up in a letter. Now go buy us some stuff
. Just keep in mind Citi has been known to factor total exposure over all their cards , retail and legacy, in future cli requests. Not sure the max but it is possible that could end up in a letter. Now go buy us some stuff