@Lebronjames20 wrote:
Hi everybody, i have a question my discover it card has a limit of 500, not one increase had ot for about 3 years. my amex everday is 2500 had it for year and a half no increase either. i was thinking about trying to increase both tonight with a soft pull. my questions are my amex bill has 30 $ on it that is due next month. if i try to ask for the increase online will that 30$ effect my changes? next my discover card. requesting it on line is a soft pull i belive. i was think 2500. lastyly i have an auto loan of 20k. will this affect my changes at all? thanks guys
It's not just the acount itself but your entire credit profile and income that determine the CLI you would qualify for. The $30 balance probably won't matter. Your auto loan certainly matters since it is part of your credit profile but we can't tell you what it's impact would be. It really depends on your profile and how the account factors in.
The $500 CL on the Discover indicates that they had concerns with your credit when the limit was assigned as it is very low. Those concerns would need to have been addressed in order for you to get a CLI.
Definitely take a look at the 3x CLI Guide for AmEx. I don't have a link handy. It may be linked in one of the stickies. You can definitely find it by Googling "3x CLI" -- should be the first hit.
