@Anonymous wrote:
@kdm31091 wrote:I don't understand all these threads with people wanting instant gratification. You were approved for a given limit based on the lender's assessment of your credit when you applied. Has your report changed much in a few days? Probably not..
Of course, you can call and recon initial limits but you're looking at another HP and who knows if you'll be succesful. To me, it's better to wait, establish a payment history for a few months, then ask. At least then you can back up your request with a history with the card. Just my two cents. Nothing happens overnight. be patient.
I understand you are rebuilding, and the limit is maybe too low for your needs, but Rome wasn't built in a day. It takes time to build a good credit history and obtain larger limits.
I'm sorry kdm, but that's silly and not taking into account what some of these creditors do.
When I applied for my Lowes card, they gave me a SL of $300. What was I supposed to do with that ?
My scores and my income, and past payment history with other creditors indicated that the limit should be much higher. That's why my limit was immediately raised to $25K when I called in. Was I supposed to wait for years in the hopes that they would raise my limit to a suitable level?
I see no issue with someone calling an analyst and asking for a larger starting limit instead of relying on the arbitrary limit set by a computer. It's not a lender's assessment, it's a computer. A real assessment is when a CSR takes a look at your file. If an analyst sees that your credit and income deserve a better limit then there is absolute no reason to ask and in my opinion, you're foolish for not asking.
You were supposed to settle, buy a box of nails every few months and wait because credit isn't a game. Duh. 
