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When is it safe to ask for a CLI


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4 replies to this topic

#1 ukikkgr

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Posted 08 May 2012 - 10:01 AM

My scores have been teetering up and down over the last year as I added new credit and debt to my portfolio. At my worst my debt ratio was 55% on a ceiling of $18,000 for revolving credit. Now my ceiling is $25,000 and although I've made on time payments I haven't eliminated debt as much as I've decreased my debt ratio. Right now I owe a total of $8746 on $25,500. The majority of balances are all on small limit cards. My highest card is a Cap One Plat MC with a $7500 limit. The largest balance ever carried on it was $3300.



Best Buy HSBC $1800-CL $1146-Bal on time
Cap One Plat MC $7500-cl $2136-bal on time
Bank of Am $5000-cl $1168-bal on time (not card holder/auth user)
Orch Bank $1350-cl $661- bal on time
Barclay US Airway-$1000-cl $269-bal late 3/2007
Exxon/Mobile $400-cl $46-bal on time
GE Cap/Pay Pal $260-cl $0-bal late 3/2008
HVFCU-LOC $8000-cl $3456-bal on time (Closed 2008 due to high balances)
Total $25310 $8882


I'm hoping to ask for a $10,000 Limit on the Cap One. I recently raised the US Airways from $500-1000. Should I hang tight, pay down more balances, or can I risk the rejection and ask for a CLI. I am refinianing my house next month and I just don't want to trip anything.

Edited by ukikkgr, 08 May 2012 - 10:08 AM.




#2 Unmet Potential

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Posted 08 May 2012 - 10:03 AM

i'd hit up barclays. if you ask it will be a hard, though.

#3 catindebt

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Posted 08 May 2012 - 10:09 AM

I would avoid asking for a CLI for the BoA. I once asked for a CLI with a balance and was CLDed. I was at 8800 and wanted 10K. I now try to stay under the radar with them.

#4 ukikkgr

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Posted 08 May 2012 - 10:16 AM

I would avoid asking for a CLI for the BoA. I once asked for a CLI with a balance and was CLDed. I was at 8800 and wanted 10K. I now try to stay under the radar with them.



The Barclay's was just raised from $500-1000 in April.

The BoA is not my card... I'm just an auth user. I make no charges on it and the balance is never over $1800 and "always on-time".

#5 ukikkgr

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Posted 09 May 2012 - 03:21 PM


I would avoid asking for a CLI for the BoA. I once asked for a CLI with a balance and was CLDed. I was at 8800 and wanted 10K. I now try to stay under the radar with them.



The Barclay's was just raised from $500-1000 in April.

The BoA is not my card... I'm just an auth user. I make no charges on it and the balance is never over $1800 and "always on-time".



I'm about to pull the trigger on my Cap One. Considering paying the balance down to $1600 on Friday and the requesting the CLI. I was recently denied for HSBC Best Buy but my balance was over 50%.




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