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Luv Button Question

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Anonymous
Not applicable

Luv Button Question

My store card was at $800. I hit the luv button and it went up a couple hundred. So, I went back and hit the button several more times up to $2500.

 

Is this frowned upon by the lender and can cause adverse action?

Message 1 of 7
6 REPLIES 6
Anonymous
Not applicable

Re: Luv Button Question

Which card and who is the lender?

Message 2 of 7
Anonymous
Not applicable

Re: Luv Button Question

Overstock store card from Comenity 

Message 3 of 7
Anonymous
Not applicable

Re: Luv Button Question

Oh ok. I am not quite sure as I do not have any commenity backed cards. Maybe another member can help you more.

Message 4 of 7
Anonymous
Not applicable

Re: Luv Button Question

If they didn't want you to have it, they would deny the increase. Banks have been doing some funky stuff lately so if I get an increase, I tend to leave it alone for awhile (at least 30-60 days). Just don't immediately run the card up to the new limit. That'd be the only solid red flag.
Message 5 of 7
coldnmn
Mega Contributor

Re: Luv Button Question

Comedity had been known to do multiple CLIs for a long time. They continue until 7-10 day notice.
Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
Message 6 of 7
elim
Senior Contributor

Re: Luv Button Question


@coldnmn wrote:
Comedity had been known to do multiple CLIs for a long time. They continue until 7-10 day notice.

  +1

Message 7 of 7
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