How do you think auto CLI’s work?

[Thomas_Thumb]

---

@SRT4kid93 wrote:

how do you guys think the auto credit limit increases work? 

what triggers the computer to give you an auto CLI in between those benchmarks? 

---

Forget about auto CLIs!  I never had one in 40 years. Also never had a manual CLI denied.

Take matters into your own hands, request CLIs manually if you want them. Take advantage of posted strategies leading up to a manual CLI request.

[AndySoCal]

@SRT4kid93  @urbex There is a big difference on being a authorized user on an account and being a co-signer on an account. The big difference is this as an authorized user is not financially responsible for the account. The person who made them an authorized user is the that is financially responsible. Let us say dad made his child an authorized user on  his credit card. Dad gave the child the credit card. The child can spend until there hearts content. It's dad that is financially responsible for paying the card.The arrangment between dad and child on paying what the child spends is irrelevant.

A loan where you have a signer and co-signer is different. The signer is the primary one that is responsible. If the signer cannot pay the bill the co-signer is also responsible for the payment. In this both parties are responsible which different than an authorized user. 

I have said this before in several posts on the forum.  In my opinion most authorized users should not get any point benefits from FICO. Why should a consumer get any benefit for something they did nothing to contribute to. In the workplace what would your response be  if a coworker received credit for something that the coworker contributed o thing to. There several cases where an authorized user should get some benefits this one example. Let us say there is a stay at home dad or mom due to a special needs son. Whichever that person is making non financial contributions to help take care of the needs at home. As I stated before ther are others.

[FicoMike0]

I got an auto cli last year when my amex bce turned 6 months. I didn't know to request one. They went $6000 to $9000, right after I got a wells card with a $8500 cl. Seemed like a competion, lol. I since asked amex for 3X which they approved, $27000. I then tried for $20000 from wells, they only went $10700 (+25%). Wells wouldn't meet the ante.

[urbex]

---

@AndySoCal wrote:

@SRT4kid93  @urbex There is a big difference on being a authorized user on an account and being a co-signer on an account. before ther are others.

---

Read the whole reply, not just the first two sentences.  There was important information in the 3rd sentence that clarifies the point.

[SRT4kid93]

I have had the exact opposite experience. I can't seem to get a manual CLI approved. But I get auto ones no problem. The thing is the auto increases are always very small

[Anonymous]

---

@SRT4kid93 wrote:

I have had the exact opposite experience. I can't seem to get a manual CLI approved. But I get auto ones no problem. The thing is the auto increases are always very small

---

 What auto ones do you get? On what cards? And what cards have you tried to get a manual CLI approved?

[SRT4kid93]

@Anonymous 

the more recent cards I'm talking about are capone and credit one. Both are well known for almost non existent credit increases. In the past I also dealt with discover.

if I'm being the denials for the manual increases are mostly my fault. For capital one I tried twice, once when I first got the card, and again after my first statement posted. "Account too new" were the reasons for both denials 

credit one i think my also be my fault? I tried requesting an increase at 3 months after card opening. Got an auto increase at 6 months. Then tried requesting again at 11 months. 

it said "account too new". So either they don't accept manual increase requests until the 1 year point, or they meant to say it hasn't been long enough since I received my last increase. Since it hasn't been 6 months since then. 

so yes I requested these increases not expecting anything but I had heard of people gettting they increase requests granted after the first statement posted, and some people immediately after getting the card so I figured I would try.

[SRT4kid93]

@Anonymous 

Part 2 of original post:

this is why I have been asking the best way to get approved for manual increases and best way to trigger auto increases. 

so far my only luck has been at the 6 month mark when they auto reviewed my account. And the increases are usually extremely small. But again, my accounts are all very new. 

[urbex]

---

@SRT4kid93 wrote:

this is why I have been asking the best way to get approved for manual increases and best way to trigger auto increases.  

---

No, you were telling us how you think you're going to social engineer your way in to bigger CLIs. 

That's not going to happen, especially not with deep sub prime lenders like Credit One.  Those places absolutely DON'T want you to rack up large balances because most of the people who do that at that risk level will end up defaulting.  That's why you're paying high fees and interest - it covers the people who default. 

As was already mentioned, there's NO broadband answer to CLI data, whether it's actual factual data or a good guess.  But what IS factual data - "my accounts are all new".  THAT'S your answer - you still need to prove yourself.  Those of us who are getting big jumps aren't doing it on 6 month old credit files.  I'd wager its even uncommon for well established files to get big jumps on low SLs that early.  My own $10K+ jumps didn't happen until the accounts were at least 2-3 years old, and were well used, and for the most part followed the 2X-3X line.  I.E - I'm not getting a $10K CLI on a card that previously had a $2K CL. 

I think in the past decade, I've gotten maybe 2 auto CLIs.  I've had cards that sat for 5-6 years without a CLI, then manual request tripled the limit immediately.  I've never gotten a CLI, auto or manual, from Chase, and those cards are 10+ years old.  But I've gotten a number of CLIs from various Sync accounts that were only a couple years old.  I've had one with Discover IT that took it from 10K to $17.2K (yeah...strange limit, lol). Cap1 has never approved any CLI on my 11 year old well used $6.5K QS, yet doubled the Savor from $10K-$20K at 10 months with nothing more than a $2K 0% BT on it.  I'm GUESSING it's because there's still 6 months left in the 0% period, and the algorithm is set to assume I'm looking to BT more to it. 

[SRT4kid93]

Yes,

I have given up on my credit one account when it comes to increases. That was my first and my oldest card and my attention has since turned to cap one and chase as my profile is exponentially better now. And cap one and chase are both way better cards than credit one. 

I wasn't trying to say I could talk my way into increases. I was simply saying that I would rather have humans review my case. And I want to work with companies who give their customers that option.  It was simply a statement on how customer service has gone way downhill, and customers have been reduced to numbers in an algorithm. The length of time your account has been open was simply an example of why computers suck. The computer says "acct open less than 6 months, auto rejection and there's nothing you can do about it" they do not give the computer the ability to over ride this. They are programmed to reject anyone under this threshold. So that's what they do. 

where a human can over rule that system and approve your increase on a case by case basis.  Will a human make a difference? Probably not, but at least I have that option.