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Should i ask for cli after 4th statement? GE

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SteveUrkel
Frequent Contributor

Should i ask for cli after 4th statement? GE

with all this GE stuff going on should i ask for a cli after the 4th statement on my paypal mastercard? 


*22 Years Old* Started my credit at age 19
Chase Sapphire Preferred Visa Signature- $9,200 II TFCU - $2,500 II Amex BCE - $2,400 II Paypal Extras Mastercard - $7,600 II American Eagle VISA - $3300 II Best Buy Visa - $3,000 II Chase Slate - $500
Message 1 of 11
10 REPLIES 10
SunriseEarth
Moderator Emeritus

Re: Should i ask for cli after 4th statement? GE


@CarlosC88 wrote:

with all this GE stuff going on should i ask for a cli after the 4th statement on my paypal mastercard? 


Do you mean the scrunity on some with multiple GE accounts or do you mean since GE is looking to do an IPO?

The people that seemed to get scrutinized and had accounts frozen had called into Credit Solutions to get CLIs.  I think if you just use the LUV button, you should be fine.  As for the IPO, it should still be business as usual, though some suspect GE may not be as free with the CLIs in the mean time. 

 



Start: 619 (TU08, 9/2013) | Current: 806 (TU08, 6/06/24)
BofA CCR WMC $75000 | AMEX Cash Magnet $64000 | Disney Premier VS $53000 | Discover IT $46000 | NFCU cashRewards Plus WMC $33000 |Venmo VS $30000 | Cash+ VS $30000 | Macy's AMEX $25000 | Synchrony Premier $24,200 | GS Apple Card WEMC $22000 | WF Attune WEMC $22000 | Ralphs Rewards WEMC $20000 | Citi Custom Cash MC $19600 | Jared Gold Card $19000 | Freedom Flex WEMC $18000 | Amazon VS $15000 | Target MC $14500 | BMO Harris Cash Back MC $14000 | Belk MC $10000 | Sephora VS $9400 | Wayfair MC $4500 | ~~
Message 2 of 11
FinStar
Moderator Emeritus

Re: Should i ask for cli after 4th statement? GE

You can always try the infamous "luv" button but in the midst of their IPO and any changes going on, I would doubt meaningful CLIs would be granted, if at all.

Message 3 of 11
Matt6995
Regular Contributor

Re: Should i ask for cli after 4th statement? GE

Hit LUV button tonight for Dillards Amex and Lowes card.

 

100% instant increase on both.

 

Seems like status quo so far.

 

Not going to push my luck though as 100% increase is awesome for me.

 

2014 Impala LTZ here we come.

 

 

Message 4 of 11
myjourney
Super Contributor

Re: Should i ask for cli after 4th statement? GE


@Matt6995 wrote:

Hit LUV button tonight for Dillards Amex and Lowes card.

 

100% instant increase on both.

 

Seems like status quo so far.

 

Not going to push my luck though as 100% increase is awesome for me.

 

2014 Impala LTZ here we come.

 

 


Congrats on the luv CLI

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 5 of 11
snowkitty
Established Contributor

Re: Should i ask for cli after 4th statement? GE

I'm wondering this too! I am up for an increase on my Sam's Discover on the 9th. I really want an increase because I just put a large purchase on it and I would like for the utility to go down. Normally when I hit the luv button it gives me a 1k increase but I want my limit to go from 3500.00 to 6000.00. That would cause me to call in and make the request so I don't know what to do. I can't find many posts on what is causing accounts to be closed.

TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Message 6 of 11
Matt6995
Regular Contributor

Re: Should i ask for cli after 4th statement? GE

Good luck to you.

Message 7 of 11
Anonymous
Not applicable

Re: Should i ask for cli after 4th statement? GE

Does GE pull a hard when requesting a CLI?

Message 8 of 11
FinStar
Moderator Emeritus

Re: Should i ask for cli after 4th statement? GE

For the majority of GECRB's retail CCs, it's usually SP.  The exception being for other financing programs such as Care Credit, Furniture, Appliance or other specialty stores, etc., which is HP.

Message 9 of 11
SunriseEarth
Moderator Emeritus

Re: Should i ask for cli after 4th statement? GE


@Matt6995 wrote:

Hit LUV button tonight for Dillards Amex and Lowes card.  100% instant increase on both.  Seems like status quo so far.  Not going to push my luck though as 100% increase is awesome for me.

 


Congrats on the CLIs!  I'm getting antsy waiting for the Oct statement for JCP to cut!  Then, the LUV button will hopefully be nice to me!



Start: 619 (TU08, 9/2013) | Current: 806 (TU08, 6/06/24)
BofA CCR WMC $75000 | AMEX Cash Magnet $64000 | Disney Premier VS $53000 | Discover IT $46000 | NFCU cashRewards Plus WMC $33000 |Venmo VS $30000 | Cash+ VS $30000 | Macy's AMEX $25000 | Synchrony Premier $24,200 | GS Apple Card WEMC $22000 | WF Attune WEMC $22000 | Ralphs Rewards WEMC $20000 | Citi Custom Cash MC $19600 | Jared Gold Card $19000 | Freedom Flex WEMC $18000 | Amazon VS $15000 | Target MC $14500 | BMO Harris Cash Back MC $14000 | Belk MC $10000 | Sephora VS $9400 | Wayfair MC $4500 | ~~
Message 10 of 11
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