Just wondering? Has anyone tried Over the limit or Maxing out to get CLIs?

[Anonymous]

BAD IDEA...
My friend kept going over his CL every month paying the $30 late fee hoping his lender would raise his CL. They said no CLI because he kept going over his limit. Ended up paying over 6 months $180 in late fees and no CLI. He admitted the plan backfired.

MIGHT WORK?
Has anyone gotten a CLI by nearly Maxing out and PIF repeatedly... Just wondering if this works? Not sure if a lender has a set limit for each person or if spending could get you further.... (Not to go out on a spending spree, but pay every bill with a CC rather than a check, ect.)

[Anonymous]

I'm sure not trying this!

[MidnightVoice]

AA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Anonymous]

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ilovepizza wrote:
BAD IDEA...
My friend kept going over his CL every month paying the $30 late fee hoping his lender would raise his CL. They said no CLI because he kept going over his limit. Ended up paying over 6 months $180 in late fees and no CLI. He admitted the plan backfired.

MIGHT WORK?
Has anyone gotten a CLI by nearly Maxing out and PIF repeatedly... Just wondering if this works? Not sure if a lender has a set limit for each person or if spending could get you further.... (Not to go out on a spending spree, but pay every bill with a CC rather than a check, ect.)

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Take it from a CC CSR.  If you can't manage your credit card enough to avoid ol fees what makes you think the CCC would raise your limit?  Did your friend also casue a higher APR because of the fees?  CC's like people who have good credit.  People who manage their credit don't go over limit. 

Wait...they like your friend..  $180 late fees? nice dividend return for someone who keeps paying...

[Anonymous]

BAck in my youth I ended up with many cli that way, i wasn't trying to get them I was being irresponsible and everytime I'd get close to the limit they'd raise it.

Pretty dumb on my part and theirs since i was a college student with about 10k or less in income !

[Anonymous]

you're joking right?

[Anonymous]

Yep, me too. Back in the day, I think I just about maxed out every card I had. I'd make a few payments (always the minimum) and they'd increase my line. Think I had cards with National Westminster Bank and a few others I can't recall.

[Anonymous]

Not so sure about MAXING-

Going over the Limit- Bad plan

Using significant amount of CL-

WAMU and Capone gave me CLI's

Amex- Delta did not phase them- it did give me a higher "no pre-set limit" on my Green  

Amex- BC Gave me an Auto CLI - Got a "getting close to your limit" email and I PIF - a few days later they increased the CL.  

[Anonymous]

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@Anonymous wrote:
BAD IDEA...
My friend kept going over his CL every month paying the $30 late fee hoping his lender would raise his CL. They said no CLI because he kept going over his limit. Ended up paying over 6 months $180 in late fees and no CLI. He admitted the plan backfired.

MIGHT WORK?
Has anyone gotten a CLI by nearly Maxing out and PIF repeatedly... Just wondering if this works? Not sure if a lender has a set limit for each person or if spending could get you further.... (Not to go out on a spending spree, but pay every bill with a CC rather than a check, ect.)

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Bad?? I'd say credit suicidal! I don't know of ANY ccc that would NOT escalate him to the default rates, late fee, o/l fees, AND absolutely kill his chances for future cli's.

[Anonymous]

MERRICK does it everytime you get close to maxed out,  Now that i don't do it i get nothing.  capone likes to see it but wants pif.