When you say request cli to $25k, do you mean $25k TOTAL (basically a $10k increase from my current $15k limit), or do you mean an increase of $25k to a total limit of $40k?
I will clear $70,000 this year on paper, and my only debt is my mortage and car payment totalling around $2,000 monthly including both of the payments.
general rule of thumb is Amex does not go higher than 40% of your income.. This isn't set in stone, but something to think about as well.. you might want to roll back your request to 25k if you haven't already submitted the paperwork, but ultimately it is up to you.. I don't see you getting 45k with your income. I just don't see them doing that kinda exposure.
Although I am not you my monthly bills are about 2k as well and make 6 figures of income and I wouldn't think of going 45k with them 
. Maybe 35k w/6 figures... This is just me though and I am not you.
Well, I've already submitted the 4506-T, so I guess I'll have to wait and see what happens. If they come back and say additonal information is needed, or decline that CLI, can I just request another CLI with a lower amount (such as $25k as everyone has been suggesting) or will I have to wait for a certain amount of days for another CLI request?
@CreditCuriousity wrote:general rule of thumb is Amex does not go higher than 40% of your income.. This isn't set in stone, but something to think about as well.. you might want to roll back your request to 25k if you haven't already submitted the paperwork, but ultimately it is up to you.. I don't see you getting 45k with your income. I just don't see them doing that kinda exposure.
Although I am not you my monthly bills are about 2k as well and make 6 figures of income and I wouldn't think of going 45k with them
I wonder if that includes business cards. Between my SimplyCash and ED, I'm already above that threshold.
@Anonymous wrote:
@CreditCuriousity wrote:general rule of thumb is Amex does not go higher than 40% of your income.. This isn't set in stone, but something to think about as well.. you might want to roll back your request to 25k if you haven't already submitted the paperwork, but ultimately it is up to you.. I don't see you getting 45k with your income. I just don't see them doing that kinda exposure.
Although I am not you my monthly bills are about 2k as well and make 6 figures of income and I wouldn't think of going 45k with them
I wonder if that includes business cards. Between my SimplyCash and ED, I'm already above that threshold.
alot of people are above 40% just a general rule of thumb, doesn't hold true for everyone by any means..... Not sure if that include business cards or not. Obviously you are fine . You just don't see alot of people on this forum with 40k+ Amex Expresses even though they make buckets of money, just not common although people do have high limit amex's, just not really hugely common from what I have seen on the forum, granted the sample size is fairly limited. This forum tends to push the limits alot on what lenders will/will not do .
