Congrats but no way I'd ask Sync for that many CLI's at one time, especially with all the HP's you're reporting/showing to in your Sig. Hopefully they don't shut you down.
@bigseegar wrote:Congrats but no way I'd ask Sync for that many CLI's at one time, especially with all the HP's you're reporting/showing to in your Sig. Hopefully they don't shut you down.
Fair. Though, they're only looking at TransUnion for SP reviews, and from my inquiry history on TU I'd say that most of those pulls were already in place when they approved me for my Synch lines. So, they knew me when they brought me in the fold and the story is about the same now, if not better. Maybe AA will come, but also maybe not -- all of my Synchrony accounts are useful tools but not essential, so it's a calculated risk to improve my credit profile at a chance of losing some or all of them.
Congrats on your Sync CLIs! 🤑👍
Actually it would be more concerning if they did honored your initial requests! You should be fine for now, but be careful going over 50K and keep poking the Bear!
@sarux3 wrote:
@bigseegar wrote:Congrats but no way I'd ask Sync for that many CLI's at one time, especially with all the HP's you're reporting/showing to in your Sig. Hopefully they don't shut you down.
Fair. Though, they're only looking at TransUnion for SP reviews, and from my inquiry history on TU I'd say that most of those pulls were already in place when they approved me for my Synch lines. So, they knew me when they brought me in the fold and the story is about the same now, if not better. Maybe AA will come, but also maybe not -- all of my Synchrony accounts are useful tools but not essential, so it's a calculated risk to improve my credit profile at a chance of losing some or all of them.
Certainly your credit and your call by all means and I wish you the very best and most certainly hope that you don't see AA for sure! But to then say that you did it because the Sync accts are "useful tools but not essential" when in fact they make up 38% of your total open credit lines so they are in fact very essential in your "credit profile" and you're talking about blasting Comenity as well for multi CLI in a few days/weeks as well. That was my point that if I was in your shoes I would have done that in stages not all at once so that, that "calculated risk to improve my credit profile" didn't come back to bite me is all I was saying. But hey you do you and continued good luck!
@bigseegar wrote:Certainly your credit and your call by all means and I wish you the very best and most certainly hope that you don't see AA for sure! But to then say that you did it because the Sync accts are "useful tools but not essential" when in fact they make up 38% of your total open credit lines so they are in fact very essential in your "credit profile" and you're talking about blasting Comenity as well for multi CLI in a few days/weeks as well. That was my point that if I was in your shoes I would have done that in stages not all at once so that, that "calculated risk to improve my credit profile" didn't come back to bite me is all I was saying. But hey you do you and continued good luck!
Thanks for the advice. Under different circumstances, perhaps I would have staged them out differently, or delayed them entirely to the next SP review when my profile would look better still. I do have some specific goals in mind to achieve in the near-term, and being able to hit up my Synch accounts for CLI was a hoped-for-but-not-counted-upon stepping stone to my game plan. If the unlikely (but admittedly possible) worst-case scenario occurred, the worst I'd have to do is BT my Lowes balance off a closed account (which I'm planning to do in a couple months anyway) and someday apply for accounts to replace ones that were closed. Annoying and inconvenient, but not the end of the world. This is what I meant by "useful but not essential", by the way.
@CYBERSAM wrote:Congrats on your Sync CLIs! 🤑👍
Actually it would be more concerning if they did honored your initial requests! You should be fine for now, but be careful going over 50K and keep poking the Bear!
Haha, yeah I did have a moment of thinking "did I go over 50k?!" but not quite yet... and then it'll drop another $3k when Barclays takes the BR card next month. Realistically, I'd like to get these cards up a little higher by year's end (except ScoreRewards, I'm pretty content with that at $3k... would be nice to get the MC upgrade though), but there's no rush since I've got other things on my credit to-do list.
Congrats on your Synchrony CLI's
