In my case, they gave me a $500 increase on my anniversary month (January). I PIF some months, let small balances roll others... no strategic plan. It was my one year anniversary that they gave me an auto CLI. I will say this, I have done things to improve my FICO score over the past year and in the month of January, it was the highest I've seen (about 50 points higher than when I got the card). I'm not sure if that had anything to do with it but thought I would mention it.
Good luck.
Settemio,
good advice on the hard pull vs soft pull I had never thought of it that.
" I may in fact get a CLI, if I allow them to issue a HP of my credit... I just personally don't think that a HP is worth that to me."
" I have a Chase Marriott Visa with $34,000 CL and a Citi and Amex with $20,000 that I use instead"
Jesus man a Chase card at 34,000---^ you gotta be kidding me I need about 35,000 to open up my business. its amazing at what kind of different income levels poor and wealthy individuals have and how they live side by side.
good advice on the hard pull vs soft pull I had never thought of it that.
" I may in fact get a CLI, if I allow them to issue a HP of my credit... I just personally don't think that a HP is worth that to me."
" I have a Chase Marriott Visa with $34,000 CL and a Citi and Amex with $20,000 that I use instead"
Jesus man a Chase card at 34,000---^ you gotta be kidding me I need about 35,000 to open up my business. its amazing at what kind of different income levels poor and wealthy individuals have and how they live side by side.
Starting Score: 651
Thom02099,
hey at this point I wouldn't mind a counter offer. Would it be beneficial to deny an offer at any point? for instance if the counter offer is far too low and maybe I could get a much better offer else where? or would counter offers generally all be in the same ball park since there all based on the similar info anyway?
hey at this point I wouldn't mind a counter offer. Would it be beneficial to deny an offer at any point? for instance if the counter offer is far too low and maybe I could get a much better offer else where? or would counter offers generally all be in the same ball park since there all based on the similar info anyway?
lg8302ch
" than the request for permission to HP... Discover doubled my CL to 5K with SP. So it is a YMMV thing with Discover. Good luck!"
not sure what you mean by this? did they only give you a modest increase after a hard pull?
" than the request for permission to HP... Discover doubled my CL to 5K with SP. So it is a YMMV thing with Discover. Good luck!"
not sure what you mean by this? did they only give you a modest increase after a hard pull?
So why can't the credit card companies do a soft pull and get all the information they need? is it because soft pulls don't request nearly as much info than an hp?
Axledobe,
"In my case, they gave me a $500 increase on my anniversary month (January). I PIF some months, let small balances roll others... no strategic plan. It was my one year anniversary that they gave me an auto CLI. I will say this, I have done things to improve my FICO score over the past year and in the month of January, it was the highest I've seen (about 50 points higher than when I got the card). I'm not sure if that had anything to do with it but thought I would mention it.
Good luck."
See this is why we have this forum because all this credit stuff should be more simple yet even with a forum we still find our selfs unsure of our actions in regards to our own credit. this really bugs me because shouldn't we know if axledobe's actions really did contribute to this increase or was it merely time? which is it guys?!
"In my case, they gave me a $500 increase on my anniversary month (January). I PIF some months, let small balances roll others... no strategic plan. It was my one year anniversary that they gave me an auto CLI. I will say this, I have done things to improve my FICO score over the past year and in the month of January, it was the highest I've seen (about 50 points higher than when I got the card). I'm not sure if that had anything to do with it but thought I would mention it.
Good luck."
See this is why we have this forum because all this credit stuff should be more simple yet even with a forum we still find our selfs unsure of our actions in regards to our own credit. this really bugs me because shouldn't we know if axledobe's actions really did contribute to this increase or was it merely time? which is it guys?!
Are you writing a book? 
Couple quick bits: never refuse a counter-offer on a CLI. Ever. You've already spent the effort and capital to get a CLI, don't refuse it. If you need to drop your limits for whatever reason later close a tradeline.
HP vs SP: the information is the same, but in the FICO system the HP was designed to signify "credit seeking behavior" which includes CLI's. From a pure FICO perspective, it's the lenders who do customer-initiated CLI's via SP who are the outliers. I'm not entirely certain why some switched to SP's as the majority of consumers don't know the difference. Might be cheaper but I don't know the pricing structure from the CRA's.
That said if you can get a SP CLI, go for it. To LG's point, sometimes with lenders you can get a SP CLI when they might otherwise do a HP: with some lenders this is somewhat common, with others it's a blue moon event (Chase for example).
Not certain what you're getting at regarding everything should be transparent as to what happened with an individual user: transparency I agree would be in the best interests of the consumer, it's unfortunately not for the lender. Since we're the ones asking for services from the lenders, it isn't realistic to happen; however, the best way to improving your credit report is to use credit, and never, never, never be late, be short, or outright miss a payment.
If you do that no matter what your limits or your tradelines are, you'll be fine in the long run.
