 CLIs and new Cards, Whats the best order, method, etc. |
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 Nov 3 2009, 01:12 PM
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#1
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Group: Members
Posts: 685 Joined: 5-November 08 Member No.: 84,901  |
I have 3 CCs that are eligible for CLIs in Nov/09.
I also want to add the Jareds/Kays/JB trifecta to my reports to assist with utilization. Anyone have any thoughts the best order (CLIs first, etc.) Also, should I do all of these on the same day, before the INQs show? Or will they show immediately? I currently have 6 toy accounts and I'd like to start getting into the 4 digit Credit limits. Thoughts? Suggestions? Tips? Hints?  09/2008 - FICOs - EX 550, EQ 550, TU 590 11/2009 - EXPlus 664, EQFICO 645, TUFICO 663 TU- |
  
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| Googie |
Nov 3 2009, 01:12 PM
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The MoneyMaker
Group: Accounting
Posts: One in Every Topic Joined: 1-February 03 From: Mountain Home, CA Member No.: 1 |
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Nov 3 2009, 02:03 PM
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#2
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Group: Members
Posts: 1,250 Joined: 9-June 05 Member No.: 18,168 |
1) Hard inquiries show immediately
2) I personally would start with the CLI's as you may be able to get that done without hard pulls. It just depends on the lenders. 3) I would then do the cards in the order of "which cards do I want most" first and then weight that with "which lenders are most sensitive to inquiries." you can get a feel for the second part of that by going through the credit pulls database. This post has been edited by jtoast: Nov 3 2009, 02:03 PM .
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Nov 3 2009, 02:05 PM
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#3
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Group: Members
Posts: 73,051 Joined: 28-January 04 From: Trying to run away from the school yard bullies Member No.: 3,438 |
QUOTE (sonicanatidae @ Nov 3 2009, 11:12 AM)  I have 3 CCs that are eligible for CLIs in Nov/09. I also want to add the Jareds/Kays/JB trifecta to my reports to assist with utilization. Anyone have any thoughts the best order (CLIs first, etc.) Also, should I do all of these on the same day, before the INQs show? Or will they show immediately? I currently have 6 toy accounts and I'd like to start getting into the 4 digit Credit limits. Thoughts? Suggestions? Tips? Hints? I would wait no less than 6 months to ask for a CLI ...maybe even 12 months SINCE WE ARE IN CLD/TOTAL CLOSURE/APR JACKAGE MODE FOR THE MOST PART CB's WHIPPING BOY
WHAT REWARDS DO YOU GET FROM THIS CASH STUFF??? "AVAILABLE" is not debt That credit card fee is TAX DEDUCTABLE (don't MICRO-MANAGE the fee at the expense of paying business) GOT YOUR 4506-T READY YET??? MEMBERSHIP HAS IT'S REWARDS HAVE YOU BEEN AMEXED??? My ID is the signature on the back of my credit card--AND IT DOES NOT SAY C.I.D. I have a license to drive a car/truck...it is not a permit to use my signed credit card DOES KNOWING YOUR SCORE HELP YOU PAY YOUR BILLS??? Don't forget the DOWN-SIDE to using DEBIT CARDS (unintended consequences) Disputing ACCURATE ADDRESSES can have side effects (LOSS OF POSITIVE ACCOUNTS) OBAMA-CARE WILL COST HOW MANY $1,000,000,000,000's why can't I opt-out |
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Nov 3 2009, 02:41 PM
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#4
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Group: Members
Posts: 685 Joined: 5-November 08 Member No.: 84,901 |
Existing Cards:
HSBC and Walmart, I've had for 8 months, with no CLI requests. Macys I've had since Jan/09. The new accounts I want are Jared/Kays/JB for the utilization. From what I've read, they arent too sensitive to INQs. I've heard that all HSBC CLI requests are hard INQs I believe I can request a soft pull @ Macys by requesting a GLI. Anyone know about Walmart/GEMB? 09/2008 - FICOs - EX 550, EQ 550, TU 590 11/2009 - EXPlus 664, EQFICO 645, TUFICO 663 TU- |
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Nov 3 2009, 02:49 PM
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#5
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Group: Members
Posts: 1,195 Joined: 8-May 07 From: Michigan Member No.: 49,419 |
You're right about HSBC a CSR told me that all requests for CLI require a Hard.
-Bank of America $1500 - Fingerhut $350- OrchardBank 400-BestBuyMC-450-
-H(o)(o)ters $700- Chase Amazon Visa $400- MFCU $1000 21 M MI |
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Nov 3 2009, 02:51 PM
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#6
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Group: Members
Posts: 73,051 Joined: 28-January 04 From: Trying to run away from the school yard bullies Member No.: 3,438 |
QUOTE (Unas2k5 @ Nov 3 2009, 12:49 PM) You're right about HSBC a CSR told me that all requests for CLI require a Hard. Then you want to choke on SOCK LINT A CLI is a reward for me using your card instead of another bank's card CB's WHIPPING BOY
WHAT REWARDS DO YOU GET FROM THIS CASH STUFF??? "AVAILABLE" is not debt That credit card fee is TAX DEDUCTABLE (don't MICRO-MANAGE the fee at the expense of paying business) GOT YOUR 4506-T READY YET??? MEMBERSHIP HAS IT'S REWARDS HAVE YOU BEEN AMEXED??? My ID is the signature on the back of my credit card--AND IT DOES NOT SAY C.I.D. I have a license to drive a car/truck...it is not a permit to use my signed credit card DOES KNOWING YOUR SCORE HELP YOU PAY YOUR BILLS??? Don't forget the DOWN-SIDE to using DEBIT CARDS (unintended consequences) Disputing ACCURATE ADDRESSES can have side effects (LOSS OF POSITIVE ACCOUNTS) OBAMA-CARE WILL COST HOW MANY $1,000,000,000,000's why can't I opt-out |
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Nov 3 2009, 02:53 PM
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#7
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Group: Members
Posts: 73,051 Joined: 28-January 04 From: Trying to run away from the school yard bullies Member No.: 3,438 |
QUOTE (sonicanatidae @ Nov 3 2009, 12:41 PM) Existing Cards: HSBC and Walmart, I've had for 8 months, with no CLI requests. Macys I've had since Jan/09. The new accounts I want are Jared/Kays/JB for the utilization. From what I've read, they arent too sensitive to INQs. I've heard that all HSBC CLI requests are hard INQs I believe I can request a soft pull @ Macys by requesting a GLI. Anyone know about Walmart/GEMB? WAL MART (GE MONEY BANK) NEVER A HARD Small ones (under $300)...but they add up over the years Last one I got was $150 CB's WHIPPING BOY
WHAT REWARDS DO YOU GET FROM THIS CASH STUFF??? "AVAILABLE" is not debt That credit card fee is TAX DEDUCTABLE (don't MICRO-MANAGE the fee at the expense of paying business) GOT YOUR 4506-T READY YET??? MEMBERSHIP HAS IT'S REWARDS HAVE YOU BEEN AMEXED??? My ID is the signature on the back of my credit card--AND IT DOES NOT SAY C.I.D. I have a license to drive a car/truck...it is not a permit to use my signed credit card DOES KNOWING YOUR SCORE HELP YOU PAY YOUR BILLS??? Don't forget the DOWN-SIDE to using DEBIT CARDS (unintended consequences) Disputing ACCURATE ADDRESSES can have side effects (LOSS OF POSITIVE ACCOUNTS) OBAMA-CARE WILL COST HOW MANY $1,000,000,000,000's why can't I opt-out |
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Nov 3 2009, 02:53 PM
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#8
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Group: Members
Posts: 1,250 Joined: 9-June 05 Member No.: 18,168 |
Be careful with Macy's. I got transferred to a supv and then a credit analyst who promised me no hard when I requested a GLI last week...next morning....there was a hard on experian. I was pissed but they are refusing to remove it. It just means their card goes in the sock drawer instead of my wallet when I go christmas shopping this year.
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Nov 3 2009, 03:02 PM
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#9
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Group: Members
Posts: 73,051 Joined: 28-January 04 From: Trying to run away from the school yard bullies Member No.: 3,438 |
QUOTE (jtoast @ Nov 3 2009, 12:53 PM) Be careful with Macy's. I got transferred to a supv and then a credit analyst who promised me no hard when I requested a GLI last week...next morning....there was a hard on experian. I was pissed but they are refusing to remove it. It just means their card goes in the sock drawer instead of my wallet when I go christmas shopping this year. SOME DON'T KNOW THE DIFFERENCE BETWEEN HARD and SOFT CB's WHIPPING BOY
WHAT REWARDS DO YOU GET FROM THIS CASH STUFF??? "AVAILABLE" is not debt That credit card fee is TAX DEDUCTABLE (don't MICRO-MANAGE the fee at the expense of paying business) GOT YOUR 4506-T READY YET??? MEMBERSHIP HAS IT'S REWARDS HAVE YOU BEEN AMEXED??? My ID is the signature on the back of my credit card--AND IT DOES NOT SAY C.I.D. I have a license to drive a car/truck...it is not a permit to use my signed credit card DOES KNOWING YOUR SCORE HELP YOU PAY YOUR BILLS??? Don't forget the DOWN-SIDE to using DEBIT CARDS (unintended consequences) Disputing ACCURATE ADDRESSES can have side effects (LOSS OF POSITIVE ACCOUNTS) OBAMA-CARE WILL COST HOW MANY $1,000,000,000,000's why can't I opt-out |
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Nov 3 2009, 03:11 PM
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#10
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Group: Members
Posts: 1,195 Joined: 8-May 07 From: Michigan Member No.: 49,419 |
QUOTE (GEORGE @ Nov 3 2009, 02:51 PM) QUOTE (Unas2k5 @ Nov 3 2009, 12:49 PM) You're right about HSBC a CSR told me that all requests for CLI require a Hard. Then you want to choke on SOCK LINT A CLI is a reward for me using your card instead of another bank's card Seriously GEORGE it's BS I've been with them stuck at $300 for almost 2 years! -Bank of America $1500 - Fingerhut $350- OrchardBank 400-BestBuyMC-450-
-H(o)(o)ters $700- Chase Amazon Visa $400- MFCU $1000 21 M MI |
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Nov 3 2009, 03:14 PM
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#11
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Group: Members
Posts: 73,051 Joined: 28-January 04 From: Trying to run away from the school yard bullies Member No.: 3,438 |
QUOTE (Unas2k5 @ Nov 3 2009, 01:11 PM) QUOTE (GEORGE @ Nov 3 2009, 02:51 PM) QUOTE (Unas2k5 @ Nov 3 2009, 12:49 PM) You're right about HSBC a CSR told me that all requests for CLI require a Hard. Then you want to choke on SOCK LINT A CLI is a reward for me using your card instead of another bank's card Seriously GEORGE it's BS I've been with them stuck at $300 for almost 2 years! "The credit limit is USELESS...increase it so I can use the account" Try for a couple other cards in the next 12 months and then DUMP THEM Hopefully you will get credit limits of $1,000+ on the new cards This post has been edited by GEORGE: Nov 3 2009, 03:15 PM CB's WHIPPING BOY
WHAT REWARDS DO YOU GET FROM THIS CASH STUFF??? "AVAILABLE" is not debt That credit card fee is TAX DEDUCTABLE (don't MICRO-MANAGE the fee at the expense of paying business) GOT YOUR 4506-T READY YET??? MEMBERSHIP HAS IT'S REWARDS HAVE YOU BEEN AMEXED??? My ID is the signature on the back of my credit card--AND IT DOES NOT SAY C.I.D. I have a license to drive a car/truck...it is not a permit to use my signed credit card DOES KNOWING YOUR SCORE HELP YOU PAY YOUR BILLS??? Don't forget the DOWN-SIDE to using DEBIT CARDS (unintended consequences) Disputing ACCURATE ADDRESSES can have side effects (LOSS OF POSITIVE ACCOUNTS) OBAMA-CARE WILL COST HOW MANY $1,000,000,000,000's why can't I opt-out |
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Nov 3 2009, 03:14 PM
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#12
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Group: Members
Posts: 685 Joined: 5-November 08 Member No.: 84,901 |
Macys is the worst for me..
Opened the account with a whopping $100 CL. 6 months later, requested a GLI and got another $100 for a total of a $200 credit limit. (talk about can kiss my A$$). Then, last month, they nuked the $100 they gave me and dropped me to $100 again. I think I'm going to cut it up and burn the pieces, rather than sock drawer it. The account will stay open, but frankly I'd rather not use it after being treated like that after 12 months! of perfect history with them. They're morons apparently. 09/2008 - FICOs - EX 550, EQ 550, TU 590 11/2009 - EXPlus 664, EQFICO 645, TUFICO 663 TU- |
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Nov 3 2009, 03:18 PM
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#13
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Group: Members
Posts: 73,051 Joined: 28-January 04 From: Trying to run away from the school yard bullies Member No.: 3,438 |
QUOTE (sonicanatidae @ Nov 3 2009, 01:14 PM) Macys is the worst for me.. Opened the account with a whopping $100 CL. 6 months later, requested a GLI and got another $100 for a total of a $200 credit limit. (talk about can kiss my A$$). Then, last month, they nuked the $100 they gave me and dropped me to $100 again. I think I'm going to cut it up and burn the pieces, rather than sock drawer it. The account will stay open, but frankly I'd rather not use it after being treated like that after 12 months! of perfect history with them. They're morons apparently. CUT THE CARD UP AND TAPE IT TO A LETTER ADVERSE ACTION NOTICE (on the outside of the envelope) BIG RED BLOCK LETTERS Poor performance in the credit limit department Feel free to close the account PLEASE REPORT TO THE BIG 3 CRA's "ACCOUNT CLOSED BY CONSUMER" CB's WHIPPING BOY
WHAT REWARDS DO YOU GET FROM THIS CASH STUFF??? "AVAILABLE" is not debt That credit card fee is TAX DEDUCTABLE (don't MICRO-MANAGE the fee at the expense of paying business) GOT YOUR 4506-T READY YET??? MEMBERSHIP HAS IT'S REWARDS HAVE YOU BEEN AMEXED??? My ID is the signature on the back of my credit card--AND IT DOES NOT SAY C.I.D. I have a license to drive a car/truck...it is not a permit to use my signed credit card DOES KNOWING YOUR SCORE HELP YOU PAY YOUR BILLS??? Don't forget the DOWN-SIDE to using DEBIT CARDS (unintended consequences) Disputing ACCURATE ADDRESSES can have side effects (LOSS OF POSITIVE ACCOUNTS) OBAMA-CARE WILL COST HOW MANY $1,000,000,000,000's why can't I opt-out |
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Nov 3 2009, 03:23 PM
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#14
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Group: Members
Posts: 1,195 Joined: 8-May 07 From: Michigan Member No.: 49,419 |
QUOTE (GEORGE @ Nov 3 2009, 03:14 PM) QUOTE (Unas2k5 @ Nov 3 2009, 01:11 PM) QUOTE (GEORGE @ Nov 3 2009, 02:51 PM) QUOTE (Unas2k5 @ Nov 3 2009, 12:49 PM) You're right about HSBC a CSR told me that all requests for CLI require a Hard. Then you want to choke on SOCK LINT A CLI is a reward for me using your card instead of another bank's card Seriously GEORGE it's BS I've been with them stuck at $300 for almost 2 years! "The credit limit is USELESS...increase it so I can use the account" Try for a couple other cards in the next 12 months and then DUMP THEM Hopefully you will get credit limits of $1,000+ on the new cards Thanks GEORGE. I think they should match my highest limit. ($1500) -Bank of America $1500 - Fingerhut $350- OrchardBank 400-BestBuyMC-450-
-H(o)(o)ters $700- Chase Amazon Visa $400- MFCU $1000 21 M MI |
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