@pinkandgrey wrote:I’ll be the odd one out here lol.
why@pinkandgrey , We could never spot you in a Million Years!!!!.lol
popcorn is in the microwave..................
@M_Smart007 wrote:
@Anonymous wrote:I closed this account today due to being with them for 4 years and never having a credit limit increase.
my util has always been 10% and my scores are: Equi- 662, Exp- 670, Trans- 659, i have one charge off from 2011, i have $ 12000 total credit limit across 5 cards, not because i cant get more but because ive chosen to keep my cards at a low limit but i asked citi for a increase and have been denied everytime, i make $130,000 a year so income is not an issue, i have a discover that has a $3000 limit and its only been open for 6 mos and i called them and spoke to a rep about an increase and they offered $2000 but i turned it down, that was basically to see if i could get one, citi is the worst about increases, i have 2 auto loans for $96,700 that is reporting paid on time as agreed. cap1 cards ( 4 ) all paid as agreed on time, no lates, no delinquents, so had to get rid of them, btw, my citi has been at $200 for 4 years, bye bye citi, discover is where im focusing my time and energy and money!!!!
I will try to keep this "FSR"
"i make $130,000 a year so income is not an issue"
"i have 2 auto loans for $96,700 that is"
I am not sure if that 130K is a Gross or Net Figure??, but either way, $96,700 Car Loan Debt with 130k Income,
ummm, that could be consitered as a debt to income problem?. There is obviously something wrong as to why,
that you are getting a $200 limit. and No Increase.?
"but because ive chosen to keep my cards at a low limit but i asked citi for a increase and have been denied everytime,"
so if i get this right, you want low limits, but ask for an increase, then if you do not get it, you close the card?
None is better than $200?, and if you think you are punishing Citi, for closing the card due to no CLI.
"i have a discover that has a $3000 limit and its only been open for 6 mos and i called them and spoke to a rep about an increase and they offered $2000 but i turned it down, that was basically to see if i could get one."
Myself, from $3000 to $5000 is pretty generous of Discover, you probably should have taken it.
OHmyFICO, am I missing something here?
Welcome to the forum
I understand not wanting to overspend and sometimes higher limits tempt us indeed. I would never turn down a Discover cli because they are not always a given and many such as myself struggle to get $500 let alone 2k. However you must choose your own path. Imo , i believe ir really is your car loans holdung you back with Citi. 130k is an amazing income and that would surely open many doors with Citi. But if you are maxed in overall debt in relation to your income, most likely a UW did not like that. . Thank you for sharing your story. It does leave sone headscratching but again we all use our profiles differently.
Boy i miss @Anonymous
I understand not wanting to overspend and sometimes higher limits tempt us indeed. I would never turn down a Discover cli because they are not always a given and many such as myself struggle to get $500 let alone 2k. However you must choose your own path. Imo , i believe ir really is your car loans holdung you back with Citi. 130k is an amazing income and that would surely open many doors with Citi. But if you are maxed in overall debt in relation to your income, most likely a UW did not like that. . Thank you for sharing your story. It does leave sone headscratching but again we all use our profiles differently.
Boy i miss @Anonymous
I feel ya on not getting Citi increases. But for me it more likely im at max exposure and low income so i understand. One thing id like to tell you, dont be afraid of high limits though. You should get limits that you are comfortable with but also that allows you breathing room were you to make a large purchase so as not to over utilize your card. Low limits are nice but you never know when you might need to use a card for something and you dont want to be left wishing you had a card with sufficient enough limit.
Ps, as for the Discover, its wuite possible that cli is still available. Dont call, go to Discover website or app and fill out the cli request page. Its sp so dont worry about hp. If its not there try again in a month. Good luck
Ps, as for the Discover, its wuite possible that cli is still available. Dont call, go to Discover website or app and fill out the cli request page. Its sp so dont worry about hp. If its not there try again in a month. Good luck
@M_Smart007 wrote:
@Anonymous wrote:I closed this account today due to being with them for 4 years and never having a credit limit increase.
my util has always been 10% and my scores are: Equi- 662, Exp- 670, Trans- 659, i have one charge off from 2011, i have $ 12000 total credit limit across 5 cards, not because i cant get more but because ive chosen to keep my cards at a low limit but i asked citi for a increase and have been denied everytime, i make $130,000 a year so income is not an issue, i have a discover that has a $3000 limit and its only been open for 6 mos and i called them and spoke to a rep about an increase and they offered $2000 but i turned it down, that was basically to see if i could get one, citi is the worst about increases, i have 2 auto loans for $96,700 that is reporting paid on time as agreed. cap1 cards ( 4 ) all paid as agreed on time, no lates, no delinquents, so had to get rid of them, btw, my citi has been at $200 for 4 years, bye bye citi, discover is where im focusing my time and energy and money!!!!
I will try to keep this "FSR"
"i make $130,000 a year so income is not an issue"
"i have 2 auto loans for $96,700 that is"
I am not sure if that 130K is a Gross or Net Figure??, but either way, $96,700 Car Loan Debt with 130k Income,
ummm, that could be consitered as a debt to income problem?. There is obviously something wrong as to why,
that you are getting a $200 limit. and No Increase.?
"but because ive chosen to keep my cards at a low limit but i asked citi for a increase and have been denied everytime,"
so if i get this right, you want low limits, but ask for an increase, then if you do not get it, you close the card?
None is better than $200?, and if you think you are punishing Citi, for closing the card due to no CLI.
"i have a discover that has a $3000 limit and its only been open for 6 mos and i called them and spoke to a rep about an increase and they offered $2000 but i turned it down, that was basically to see if i could get one."
Myself, from $3000 to $5000 is pretty generous of Discover, you probably should have taken it.
OHmyFICO, am I missing something here?
Thanks for keeping FSR. I could not have said it better.
@AverageJoesCredit wrote:
I feel ya on not getting Citi increases. But for me it more likely im at max exposure and low income so i understand. One thing id like to tell you, dont be afraid of high limits though. You should get limits that you are comfortable with but also that allows you breathing room were you to make a large purchase so as not to over utilize your card. Low limits are nice but you never know when you might need to use a card for something and you dont want to be left wishing you had a card with sufficient enough limit.
Ps, as for the Discover, its quite possible that cli is still available. Dont call, go to Discover website or app and fill out the cli request page. Its sp so dont worry about hp. If its not there try again in a month. Good luck
Great suggestion @AverageJoesCredit. Matter-of-the-fact, I hope he hightails it over to the website and hit that Request CLI button. Wouldnt it be something if it turns out to be more than $2K? 😂🤣