@RootDet wrote:and the outcome is ... drum roll ...
Chase Freedom - opened 2008, last cli ~2014-2015. was $17,500, now $50,000
Chase Amazon - opened 2015, last CLI ~2021/22 (during the chase amazon systemwide CLI's), was $35k, now $38.
I think the Freedom scared the 2nd level underwriters away. The guy suggested the Amazon card to go to $40k but i guess they did not agree.
That is a net gain of $35,500
@RootDet a HUGE CONGRATULATIONS on your successful limit increases! Glad it all worked out for you!
@coldfusion wrote:
@Jordan23ww wrote:For some reason although Chase limit increases are now soft pulls you still have to unfreeze your credit for them to do the soft pull. It's confusing but rest assured me and my wife did this 2 weeks ago, we both unfroze our profiles, got limit increases and no hard pulls. Afterwards we just froze our accounts again. Best wishes to you with your CLI request!
It's because of what is known as "permissible purpose", which in laymans terms in this context essentially translates to the issuer only being legally allowed to pull locked or frozen reports for specific defined reasons. A soft pull of a locked or frozen report specifically to monitor the current credit health of an accountholder is a permissible purpose, whereas pulling an updated report, whether hard or soft, in in order to evaluate a request to extend (additional) credit is not.
@coldfusion a oh ok, cool! Thank you for this information!