I NEEDS HELP FOR AMEX CL INCREASE

[dangphuocloc72]

TONIGHT I JUST HIT CL INCRESE FROM AMEX ASK FOR 5000 ( MY CL 1000 )

IT SAY : Request a Line of Credit Increase

Your request for a line of credit increase has been submitted.
You will receive a written response within 7-10 days.

CAN SOME ONE TELL ME WHAT IS THIS MEAN PLEASE . THANKS A LOT

Message Edited by dangphuocloc72 on 10-01-2007 09:11 PM

Message Edited by dangphuocloc72 on 10-01-2007 09:13 PM

[Anonymous]

if you haven't had your account open for 30 days it's an instant no, just nicely worded. if you have had ot over 30 days give it a day or two and give them a call.

i've read that for instant approval they read something like "congrats your new credit line will be ready for use in abou 15 minutes".

[dangphuocloc72]

YEAH YOU RIGHT I HAD MY CARD NOT 30 DAY . BUT I CAN'T WAIT , THAT WHY I TRY BEFOR THEY REPORT MY CL . IS THAT HURT ?

I HAVE HOOTER CARD : CL 1500 BALANCE 1000

            CCCU                  : CL 1000 BALANCE 500 

            CAPITAL ONE     : CL 500    BALANCE 400

I SPEND FOR MY BIRTHDAY . AFTER I CHARGE THE CARD IT AUTOMATED REPORT TO MY CR NEXT DAY . THAT WHY I ASK FOR CL INREASE

[Anonymous]

You need to not need a CLI to get a CLI.
Your UTL is too high- pay it down and then ask next month.

Amex likes PIF accounts. They make their $ on transactions more than interest.

They will report your 1st statement balance when they cut your 2nd statement.

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@dangphuocloc72 wrote:

YEAH YOU RIGHT I HAD MY CARD NOT 30 DAY . BUT I CAN'T WAIT , THAT WHY I TRY BEFOR THEY REPORT MY CL . IS THAT HURT ?

I HAVE HOOTER CARD : CL 1500 BALANCE 1000

CCCU : CL 1000 BALANCE 500

CAPITAL ONE : CL 500 BALANCE 400

I SPEND FOR MY BIRTHDAY . AFTER I CHARGE THE CARD IT AUTOMATED REPORT TO MY CR NEXT DAY . THAT WHY I ASK FOR CL INREASE

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[dangphuocloc72]

THANK YOU ,

ON MY AMEX CL 1000 , I JUST CHARGE ONLY $22 . WAIT FOR THE BILL AND THEN I'LL PIF . SO DID I MAKE MISTAKE ? AND denied FOR CL INCREASE ?

Message Edited by dangphuocloc72 on 10-01-2007 09:42 PM

[Anonymous]

They won't hold it against you.

Run some $ though the card and PIF.

[Anonymous]

Chill with the all caps pls.