Will updating your salary get you a better CLI with Capital One?

[Derrick1977]

I wonder if I update my salary with Capital One, will that give me a better salary increase.   Anyone know?   When I got the two cards in May, my salary was different and my scores were low.   Four months later and my scores have jumped and my salary has increaesed by $15000.   

[Anonymous]

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@Derrick1977 wrote:

I wonder if I update my salary with Capital One, will that give me a better salary increase.   Anyone know?   When I got the two cards in May, my salary was different and my scores were low.   Four months later and my scores have jumped and my salary has increaesed by $15000.   

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It can't hurt so certainly update your income.  Whether it mill make a big difference depends somewhat on how much, in terms of percent, is that bigger than your previous income.  The biggest factor is your score improvement.  Good luck.

[Derrick1977]

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@Anonymous wrote:

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@Derrick1977 wrote:

I wonder if I update my salary with Capital One, will that give me a better salary increase.   Anyone know?   When I got the two cards in May, my salary was different and my scores were low.   Four months later and my scores have jumped and my salary has increaesed by $15000.   

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It can't hurt so certainly update your income.  Whether it mill make a big difference depends somewhat on how much, in terms of percent, is that bigger than your previous income.  The biggest factor is your score improvement.  Good luck.I 

I certainly hope not lol 

[bodyboy1]

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@Derrick1977 wrote:

I wonder if I update my salary with Capital One, will that give me a better salary increase.   Anyone know?   When I got the two cards in May, my salary was different and my scores were low.   Four months later and my scores have jumped and my salary has increaesed by $15000.   

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>  Yes! yes!   & yes.   & if you want add $10k  that's fine too!   that's your bonus you are expecting.

[Derrick1977]

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@bodyboy1 wrote:

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@Derrick1977 wrote:

I wonder if I update my salary with Capital One, will that give me a better salary increase.   Anyone know?   When I got the two cards in May, my salary was different and my scores were low.   Four months later and my scores have jumped and my salary has increaesed by $15000.   

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>  Yes! yes!   & yes.   & if you want add $10k  that's fine too!   that's your bonus you are expecting.

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LOL, thanks so much Bodyboy!  I went in and logged on and updated my annual income.  I actually though my salary increased by $15k but didn't realize it had increased by a total of close to $18k and some change.     I really hope it helps with my next CLI. 

[Anonymous]

We updated my husband's annual income to what he makes and Cap 1 gave him a $1500 CLI. He hasn't used his card in 3 months and he carried a balance. It was nice because we were only $500 away from paying it off and now his UTI looks even better now. So yes, it can!

[bodyboy1]

Yes!, Congratulations!

[lord_kinbote]

I doubt it has any impact. If you were the lender, would you belive what was inputted? I certainly would not raise an individuals CL without verification. We all know a lot of people have a problem with embellishment.

They are more likely to look at your other limits and your history with all lenders.

[takeshi74]

Income is a factor with CLI's.  However it is not the only factor.  It's both credit profile and income that matter.  Both need to support a CLI -- with any creditor.

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@Derrick1977 wrote:

I wonder if I update my salary with Capital One, will that give me a better salary increase.

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That's a typo but updating your salary with CO won't give you a salary increase.

[bodyboy1]

What ever you think is right, good for you!