Is anybody out there familiar with this company's CLI process? I'm sure there is there are way too many experts here not to be 
Here's my dilemma. All my scores are peaking nice and pretty right now, from 750 to 796. I know that they use FICO score 9. I've asked for CLI from all my other cards and have gotten increases. However all of my other cards have updated their free FICO scores as well.
The problem here, is Citi has not updated my FICO scores since December 25th when they were 650. They approved me initially when it was 780. So I'm afraid to ask them for an increase until they do!
I've read so many of these I'm not positive that they say this also, but I'm pretty sure they do. But some of them say that a lot of times they don't need to check the credit at all (SP OR HP) and they can go by "current" information based on your card.
I know for sure I have also read, that some credit card companies will simply go by the most recent FICO score that they have on record.
If they do a SP, which is what I want, I won't have a problem. But because they DO say they can give you an instant answer without "checking any of your credit" leads me to believe that they are the type that won't even do an SP and will just base your request on the information they have at hand which is how good of a customer you have been in combination with "current" FICO.
That's the case, chances are they are not going to approve me with that low score. And because they are so behind on updating I am not sure when my new score is going to come out and since they skipped January in it's entirety, I can only assume I have to wait untill February 25th. Every month prior has always been on the 25th as well.
What's the problem with waiting? By that time, my new mortgage is going to appear as well as a possible $100k personal loan.
This is why I like asking for credit line increases knowing it doesn't affect my credit before I do anything else. Because they have not updated I am really in a rock and a hard place trying to decide if I should just go for it or not?
What you all think?
Here's my dilemma. All my scores are peaking nice and pretty right now, from 750 to 796. I know that they use FICO score 9. I've asked for CLI from all my other cards and have gotten increases. However all of my other cards have updated their free FICO scores as well.
The problem here, is Citi has not updated my FICO scores since December 25th when they were 650. They approved me initially when it was 780. So I'm afraid to ask them for an increase until they do!
I've read so many of these I'm not positive that they say this also, but I'm pretty sure they do. But some of them say that a lot of times they don't need to check the credit at all (SP OR HP) and they can go by "current" information based on your card.
I know for sure I have also read, that some credit card companies will simply go by the most recent FICO score that they have on record.
If they do a SP, which is what I want, I won't have a problem. But because they DO say they can give you an instant answer without "checking any of your credit" leads me to believe that they are the type that won't even do an SP and will just base your request on the information they have at hand which is how good of a customer you have been in combination with "current" FICO.
That's the case, chances are they are not going to approve me with that low score. And because they are so behind on updating I am not sure when my new score is going to come out and since they skipped January in it's entirety, I can only assume I have to wait untill February 25th. Every month prior has always been on the 25th as well.
What's the problem with waiting? By that time, my new mortgage is going to appear as well as a possible $100k personal loan.
This is why I like asking for credit line increases knowing it doesn't affect my credit before I do anything else. Because they have not updated I am really in a rock and a hard place trying to decide if I should just go for it or not?
What you all think?
Actually mine is the 26th also I got the date wrong!! So it looks like we are all in the same boat without it updating. That's good to know at least. From your experience, have you ever had it skip a month before? And if so did you have to wait another month or could it pop up at anytime seeing as all the others were on the 26th as well?
Well I guess after reading what you said it's probably not worth taking the chance. I can't help but feel that they are not going to bother pulling FICO score when they already have one sitting there and since you said there is a chance that they will not pull, then I better wait for the update
Well I guess after reading what you said it's probably not worth taking the chance. I can't help but feel that they are not going to bother pulling FICO score when they already have one sitting there and since you said there is a chance that they will not pull, then I better wait for the update
wrote:
Do you know if they have their own actual separate credit department that I could actually discuss the situation with? Like Discover has? Or is it all done in one boiling pot with a representative?
I've talked about it with two different representatives but you know how that goes. They're just reading off computer screens and I don't really think they have a clue what it is that I'm trying to ascertain! They both just keep repeating the same mumbo-jumbo from the screen in front of their face!
They do have a separate credit department, but you most likely have to talk with the front line first and get transferred there. That's pretty much how I got transferred to, but that's back in a while. Still, when they say there's no hard inquiry you may still end up getting one, and CLI with hard pull pretty much can be done online.
Unfortunately, the frone line reps can be pretty unhelpful from my recent experience with the ThankYou cards team. Guess you have to insist that you know something the rep claims otherwise or so. Also you may mention that you want to talk with someone who can make credit decisions. The most painful process during a call to credit card company would got to be talking with front line.
wrote:
Actually mine is the 26th also I got the date wrong!! So it looks like we are all in the same boat without it updating. That's good to know at least. From your experience, have you ever had it skip a month before? And if so did you have to wait another month or could it pop up at anytime seeing as all the others were on the 26th as well?
Well I guess after reading what you said it's probably not worth taking the chance. I can't help but feel that they are not going to bother pulling FICO score when they already have one sitting there and since you said there is a chance that they will not pull, then I better wait for the update
This is how mine looks like in the previous six months:
The day of each month ranges from 21st to 26th but it doesn't appear to have skipped any month, just really slow updating. I guess it might update on next Monday but we will have to see then.
Top notch answers my friend . I cannot thank you enough! You ever have any plumbing questions...35 year retired master repair plumber at your disposal lol
. I cannot thank you enough! You ever have any plumbing questions...35 year retired master repair plumber at your disposal lol