JemiBlue wrote:
I am sorry to ask so many questions, but is it really that simple? Is it that they are lowered automatically in certain cases and a person can change that, or what?
It can be that simple. A lot of things happen at CCCs on autopilot. Instant approvals for CCs online at 2AM don't happen because a guy in Bangalore working the service center is furiously typing and reviewing your credit. I daresay that at least some APR increases and CL reductions occur on autopilot.
By calling, or writing, you get a human being eyeballing your information. That human being, particularly if you're pleasant on the phone or in print, is going to be more inclined to help.
A little subtle psychology never hurt. People have an inherent desire to wanna help others. Makes them feel important and empowered. You can tap into that by asking when you call, "Hi, can you help me?" It can make you appear non-threatening. A person lets down their guard and they are more inclined to acquiesce to your request.
I would first call. If they say no, remain calm and polite, and remember to thank them. "OK, wells thanks. I do appreciate you taking the time." Helps keep your mind in the right state as well.
Then write a recon letter.
If they still say no, don't despair. Are your CCs paid in full, or at least very low balances? Keep your reported CC util between 1 and 9 percent. CCCs usually report your balances at the close of the statement cycle, when they tack on finance charges and send you the bill. My advice is to pay the bill electronically online maybe 5-7 days before the statement closes. Pay it down to 5 percent util so when the finance charges are added it will bump up to maybe 6 percent util. The numbers don't matter so long as they are between 1 and 9. If you aim for 5, it's dead center between 1 and 9.
Do this each month, and in a couple months ask again.
