Help with Getting CLI from Synchrony

[Anonymous]

Got a letter about one of my CLI requests from Sync. Denied for 

-derogatory public record or collection filed 

-time since derog PR or collection is too short (at least 4 years since filing!?!) 

- proportion of loan balances to loan amounts is too high (i have student loans which have been consolidated and total more than most house payments. :/)

- lack of recent bank/national revolving information 

Any ideas on what I can do to improve  ^^ to improve my chances of CLIs?

[gdale6]

Hi there OP,

I have created your own thread on this subject. I changed the title and left everything else intact.

[Anonymous]

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@Anonymous wrote:

Got a letter about one of my CLI requests from Sync. Denied for 

-derogatory public record or collection filed 

-time since derog PR or collection is too short (at least 4 years since filing!?!) 

- proportion of loan balances to loan amounts is too high (i have student loans which have been consolidated and total more than most house payments. :/)

- lack of recent bank/national revolving information 

Any ideas on what I can do to improve  ^^ to improve my chances of CLIs?

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What are your scores? What are your card limits and balances?

[Anonymous]

EX 657   EQ 647  TU 649

Below are Sync and Comenity lines

CareCredit 525/1750. This one is the oldest--opened last September. Tends to have the most on it due to furbabies and the need for vet care at 0%. 

Amazon  230/1000

DiscoverIt 45/1000

American Express 0/1000

Overstock 127/800

Walmart 140/600

TJX 41/250

JCP 0/100

Lane Bryant 0/300

Cabelas. Approval amount u/k. 0 balance. Haven't received the card yet. 

Also, just to clarify-all the items listed on the 'reason for denial' letter were existing when I obtained the above accounts. None of the reasons they listed had magically cropped up between opening the accounts and asking for CLI. 

[Anonymous]

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@Anonymous wrote:

EX 657   EQ 647  TU 649

Below are Sync and Comenity lines

CareCredit 525/1750. This one is the oldest--opened last September. Tends to have the most on it due to furbabies and the need for vet care at 0%. 

Amazon  230/1000

DiscoverIt 45/1000

American Express 0/1000

Overstock 127/800

Walmart 140/600

TJX 41/250

JCP 0/100

Lane Bryant 0/300

Cabelas. Approval amount u/k. 0 balance. Haven't received the card yet. 

Also, just to clarify-all the items listed on the 'reason for denial' letter were existing when I obtained the above accounts. None of the reasons they listed had magically cropped up between opening the accounts and asking for CLI. 

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Too many accounts are carrying balances. get it down to four or less.

[Anonymous]

Payments are already scheduled. By this time next week, they'll all be zero balance except for CareCredit.

[Anonymous]

Not sure if that was a bonus comment to help out the n00b (thank you!).

But at the time of the Sync denial, only 2 accounts had balances.

[Anonymous]

How did you ask for the CLI? Luv button, call, chat? The reason I'm asking because I can't get CLI's with the button but can get them (usually) through chat even right after I try the button.

[Anonymous]

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@Anonymous wrote:
How did you ask for the CLI? Luv button, call, chat? The reason I'm asking because I can't get CLI's with the button but can get them (usually) through chat even right after I try the button.

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Banging head on table!!!

CALL CREDIT SOLUTIONS! There are 2 #'s for them 877-379-8173 and 866-5519-6441. I have been using the 6441 # recently with better results (it is said that this is the Domestic [Americans speaking American!] branch) and it seems to be the case. I've had much better results with them than the other one.

Even Live Chat won't net the results that a quick call to them will so why not just pick up the phone and call. Ask for the Moon and Stars when you do. Shoot for $25K so they will counter with their highest offer.

Here is a thread from yesterday where someone was shy about calling so I encouraged them, then she was timid about asking for enough so I prodded her and by the end last night she ended up with almost $30K in CLI's and called CS 9 times during the day to get it there.

ficoforums.myfico.com/t5/Credit-Card-Approvals/My-FICO-TU-score-is-663-can-I-finally-get-Synchrony-bank-CLIs/td-p/4528429

[Anonymous]

I call for my Synchrony accounts but use chat for hubby's because he won't talk on the phone unless it's absolutely necessary and getting even higher CLI's aren't necessary in his book. Lol