@credit_endurance wrote:
I think the next intresting thread to start would be about this Disco cli behavior pattern is the individuals with $40K plus credit lines that continue to see “huge” growth respective to the amount of actual accounts they have. I am welcome to be corrected if I am wrong but, most of these huge disco credit lines where handed out to one’s with very nice SL out of the gate. And also ones who didn’t nor have gained many tradelines after the actual disco approvals. I though I saw one individual with an $80K CL?
I'm not sure there would be much input on a High Roller Disco thread since there's a handful of instances of 40K+ with the top limit being somewhere in the 70K range.
Relative CL's compared to Disco seem to be higher than Disco in many respects. Many of the high rollers w/ CL''s in the 75-100K range tend to get cut off w/ Disco around 35K or so.
Disco is positioned in the middle market when it comes to CL's depending on when you start your relationship with them. The trend tends to reflect upon those starting under 10K end up being able to grow faster than say those in the 10-15K range and even less so when starting out 20K+.
There's a loose correlation between the CL you're assigned with them at opening and the potential to grow almost as if you're in a bucket but, don't get penalized by DFS like other lenders? There's plenty of hunches on how DFS does or doesn't work with different profiles. "Thin" profiles tend to get an easy approval similar to NFCU, Median profiles tend to get set along the tortoise growth path, mid-high profiles for some reason can be a coin flip of low CL/high growth or high CL/low growth, and the 800+ group sometimes even get denied completely.
If you stick it out for the long term with Disco you get rewarded for the commitment and some that applied during a specific time period got locked into a no growth situation but, were able to change that with adding a 2nd card to the mix once their profile was a bit more optimized for that sweet spot approval that yields better results than their 1st card ever did.
Disco is really a YMMV situation with each person and each account.
The appeal of Disco has declined as well as other lenders with the nerfing of the benefits that used to attract more people to them. Sure a double cash back match is appealing if they offered more consistent categories but was even more so when they had Disco Deals where you could achieve stellar results w/ 10%+ options that popped up frequently.
There are still some niche offerings associated with the card even with the nerf of the benefits.
1.99-4.99% BT's tend to pop-up w/ $0 fees
You can ask for additional 0% periods and get them
Getting your APR down to the prime offering is pretty easy
