@Andy77 wrote:
Just applied for Discover...got startling limit of 1k
My credit profile..
EQ 692
bk discharged sept 2009
On time payments since then
No derogs
Highest CL 33k cap one
Lowest 400.00 Banana Republic
lots of inq
Total CL's 115k
Debt 25k
Income north of 200k
Why do you think my limit is so low.. ?
See in red above.
Use it and hit the CLI after the first 90 days then 31 and 61 days after that and see what happens.
Personal Cards: Amex Plat | Amex Delta Res | CSR | Citi AA Exec Business Cards: Ink+ | Amex BGR
You aren't alone.. When I got mine 4 months ago was approved for a 1k CL.. 0-1% utilization average CL on other cards 15kish then Discover was so kind to give me 1k, now at 1.5k (500 CLI after 3 months). It is low and stinks, but I will just use for the 10% cats until the credit line becomes usable if they want to play that game. I seriously can't make a rhyme or reason whom they give big CL's to and big CLI's to other than usually people with very little credit and they want them to be their main squeeze. Only sense I can make of how they give out CL's or CLI's. Guess I can' blame them as they problably don't think I will use them with my other CL's/Lenders although I do blame them
Making very good cash back though as I shop at Amazon a ton and month quarter before was out to eat so made a very good return off them so far.
@Andy77 wrote:
Why do you think my limit is so low.. ?
Because Discover is weird and unpredictable.
Sorry about the SL, Andy77, and congratulations on your approval! Hopefully it will grow.
At least they let you in with a bk reporting, they must think my bk stands for Burger King cuz they keep serving me hps and denials for breakfast lunch and dinner .
Really though, with your profile and income, you will be golden especially when your bk falls off and you lower your debt, Discover should fall in love with you like white on rice. I know some may diagree but any approval is always good, means you at least got something to show for your hp better yet when rhat something has the ability to grow like the cookie monster congrats again
.Really though, with your profile and income, you will be golden especially when your bk falls off and you lower your debt, Discover should fall in love with you like white on rice
. I know some may diagree but any approval is always good, means you at least got something to show for your hp better yet when rhat something has the ability to grow like the cookie monster congrats again
@Andy77 wrote:
Just applied for Discover...got startling limit of 1k
My credit profile..
EQ 692
bk discharged sept 2009
On time payments since then
No derogs
Highest CL 33k cap one
Lowest 400.00 Banana Republic
lots of inq
Total CL's 115k
Debt 25k
Income north of 200k
Why do you think my limit is so low.. ?
Congratulations to you!...Thanks for sharing.