Discover Credit Line Increases

Anonymous · ‎06-30-2007

In 24 hrs I've requested 4 credit line increases. Citibank is now at $25K, Chase is now at $30K, haven't heard from HSBC and Discover, they're a different animal all together. I got my Discover card about a year and a half ago with the 0% for life of the BT. I've made ontime payments and have never been late. I've requested 3 CL increases (one every six months) and have been denied every time. Well, I take that back, they did approve me for a $100 credit line increase last time after doing a hard pull on my EX report. Has anyone else had issues in getting CLI's from Discover?

fused · ‎07-01-2007

crocpa wrote:
In 24 hrs I've requested 4 credit line increases. Citibank is now at $25K, Chase is now at $30K, haven't heard from HSBC and Discover, they're a different animal all together. I got my Discover card about a year and a half ago with the 0% for life of the BT. I've made ontime payments and have never been late. I've requested 3 CL increases (one every six months) and have been denied every time. Well, I take that back, they did approve me for a $100 credit line increase last time after doing a hard pull on my EX report. Has anyone else had issues in getting CLI's from Discover?

Congrats, you are the proud cardholder of the #1 credit stickler in the U.S.!

Approvals are uncommon and CLIs are not very easy either.

Anonymous · ‎07-01-2007

Crocpa...Not trying to be too personal...but what ranges does someone salary have to be... in order to have a 25K+ CL? I know the scores got to be great...but I know salary plays a role also.

Message Edited by SGT_F on 07-01-2007 02:39 PM

MidnightVoice · ‎07-01-2007

SGT_F wrote:
Crocpa...Not trying to be too personal...but what ranges does someone salary have to be... in order to have a 25K+ CL? I know the scores got to be great...but I know salary plays a role also.

Message Edited by SGT_F on 07-01-2007 02:39 PM

According to CS 101:

What types of information are NOT used in calculating my FICO score?

1. Your race, color, religion, national origin, sex or marital status

2. Your age

3. Your salary, occupation, title, employer, date employed or employment history

4. Where you live

5. Certain types of inquiries such as promotional, account review, insurance or employment related inquiries

6. Any information not found in your credit file

7. Any information that is not proven to be a predictive of future credit performance

And if they just pull CRA they don't actually know your salary and assets. This is why mortgage companies ask those questions,

The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid

fused · ‎07-01-2007

MidnightVoice wrote:

SGT_F wrote:
Crocpa...Not trying to be too personal...but what ranges does someone salary have to be... in order to have a 25K+ CL? I know the scores got to be great...but I know salary plays a role also.

Message Edited by SGT_F on 07-01-2007 02:39 PM

According to CS 101:

What types of information are NOT used in calculating my FICO score?

1. Your race, color, religion, national origin, sex or marital status

2. Your age

3. Your salary, occupation, title, employer, date employed or employment history

4. Where you live

5. Certain types of inquiries such as promotional, account review, insurance or employment related inquiries

6. Any information not found in your credit file

7. Any information that is not proven to be a predictive of future credit performance

And if they just pull CRA they don't actually know your salary and assets. This is why mortgage companies ask those questions,

How about a nice body, great looks or maybe intelligence?

MidnightVoice · ‎07-01-2007

fused111 wrote:

How about a nice body, great looks or maybe intelligence?

Wow - now I know why I got that Juniper/Barclays card so easily!!

That and the fact they pull TU, and TU loves me.

Message Edited by MidnightVoice on 07-01-2007 05:06 PM

The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid

fused · ‎07-01-2007

MidnightVoice wrote:

fused111 wrote:

How about a nice body, great looks or maybe intelligence?

Wow - now I know why I got that Juniper/Barclays card so easily!!

That and the fact they pull TU, and TU loves me.

Message Edited by MidnightVoice on 07-01-2007 05:06 PM

I've been hearing Barclays Bank Delaware wants to see scores over 720 when applying for the Juniper card. Have you heard the same? What was your TU score? APR? I can't find there website can you paste it for me.

MidnightVoice · ‎07-01-2007

https://www.juniper.com/ A Casey's General Store MC about 15% APR, no annual fee, rebates on gas (the rearson I wanted it), TU was in the high 700s at the time, $7,500 instant approval on line

The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid

fused · ‎07-01-2007

MidnightVoice wrote:
https://www.juniper.com/ A Casey's General Store MC about 15% APR, no annual fee, rebates on gas (the rearson I wanted it), TU was in the high 700s at the time, $7,500 instant approval on line

Congrats! Thanks for the link.

Anonymous · ‎07-01-2007

SGT_F wrote:
Crocpa...Not trying to be too personal...but what ranges does someone salary have to be... in order to have a 25K+ CL? I know the scores got to be great...but I know salary plays a role also.

Message Edited by SGT_F on 07-01-2007 02:39 PM

$149K. I didn't start with these credit lines though. I build them up by:

1. Doing BT

2. Paying for 6 months then paying them off completely

3. Requesting credit line increase.

And the wheel goes round and round.