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MB82x

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About MB82x

  • Birthday 01/19/1982

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  1. MB82x

    Master 2018 Approvals and CLIs Thread

    Thanks - I found the Amex answer - didn't see anything for Chase. Looks like I probably should have asked Amex for 3k, not too huge a deal. But I guess I need to wait another 180 days before asking again. Oh well!
  2. MB82x

    Master 2018 Approvals and CLIs Thread

    I didn't find an answer in that thread.
  3. MB82x

    Master 2018 Approvals and CLIs Thread

    I got auto-increased on the following cards within the past couple of weeks: CapOne: from 1700 to 4600 Discover: from 1800 to 2100 Barclays: from 1000 to 2800 Feeling good about myself, I asked Amex to increase me from 1000 to 2500, which they did instantly... should I have asked for more? If so, how long should I wait before asking again? I also have a Chase Amazon Card with a 1000 limit, which I would like to increase. How much should I ask them for? Income is approx. 50k/yr - FICOs are all 690-710 - account was opened October 2017
  4. MB82x

    Requesting CLI

    Hi all. I have a general question regarding requesting credit limit increases. When requesting an increase, is there a guideline to know how much we should request? Logically, the lower the increase you request, it should be more likely you're approved. But you risk leaving potential credit on the table. On the flipside, if you ask for too much, you're more likely to be denied. Would the CCC counter with a lower increase? I recently had several limits automatically increased, CapOne from 1800 to 4600, Discover from 1700 to 2100, and Barclays from 1000 to 2800. I decided to poke Amex, and ask them to increase me from 1000 to 2500 - and it was instantly approved. Getting the instant bump sure was nice, but made me wonder if I should have asked for more. I also have a Chase Amazon Prime Card which has yet to get any love, and it's one I swipe almost every day (I work in a pharmacy, near a Whole Foods... 2% back at the Pharmacy, 5% back at Whole Foods), so I regularly make heavy use of my $1000 limit, and pay it down every month. I'd definitely like a CLI on this card, but from what I can tell I'd have to call and talk to a person. How should I know what I should ask for?
  5. MB82x

    So what did you get in the mail today?

    In the past two weeks, friendly letters from a few of my CCCs, stating they're upping my credit limits... CapOne: 1800 -> 4600 Discover: 1700 -> 2200 Barclays: 1000 -> 2800 Amex/Chase still at 1000...
  6. MB82x

    All Negatives dropped off of EQ

    Are the bad accounts completely gone, as in removed entirely from the credit report, or are they just cleaned up to appear as good accounts? If the items are merely cleaned up, you might need to look at the details - sometimes things get overlooked. I had EQ reporting a charge-off a few months ago, but also had a letter from the OC saying the account was in good standing and not charged off. TU and EX fixed the issue very quickly - but it took EQ like 3 or 4 times to get it right. They kept leaving little hints that the account was once delinquent/CO'd in the details. Some discrepancy in scores is normal between CRAs - but there could also be differences in credit limits, utilization, payment history, etc, hidden in the details. Congrats on the removals!
  7. MB82x

    Barclay's Claw-Back in 2017?

    congrats!!!! recom with barclays is always worth a shot. FWIW, barclays has been very liberal with me. PIF is preferred by many issuers and your own long term financial strength Thanks! I'm still learning how to maximize/perfect my payment timing/method in order to maximize FICO and minimize interest paid. Typically I try to almost PIF a couple of days before the statement cuts, then pay the balance off once the statement cuts. Read somewhere, probably here, that I don't want $0 balances reporting, as it's not optimal. So if my statement cuts on the 16th, and I have a balance of $820 on the 14th, I'll pay $800 on the 14th, and $20 on the 17th or 18th. As far as Barclays goes - should I wait maybe six months?
  8. MB82x

    Barclay's Claw-Back in 2017?

    I got denied for the Barclays Uber Card w/ a 713 TU score, and ~15% total utilization. Some of my accounts are relatively new - approx six months old, and I had some lates on my oldest open account. Nothing very recent though. Called for recon, got a $1000 limit, not great, but better than nothing. I feel like it took every ounce of sweet talk I could muster to get what I got. They put me on hold a couple of times, and asked a few questions. When they finally agreed to issue me an account, it sounded almost like a reluctant "okay, what we can do is this..." They wanted to know: - Why the lates on the older account, I explained why - told them what I've done to ensure it won't happen again - Why so many accounts (three) opened in past six months or so - explained I'm trying to build credit, would have held off a bit longer if I knew the Uber card was coming ahead of time - Used that lead-in to explain exactly what I'll use the card for - dining, Uber, streaming services, cell bill, emphasized the card's benefits seem tailored to my needs So with Barclays, is it absolutely essential to never carry a balance, ever? Sometimes I'll pay like $250 exact if the balance is like $258.21 or whatever. The $1000 limit should be sufficient for what I'd use it for, but getting an unexpected decrease would make things tight/inconvenient each cycle. I feel like Barclays is probably not very liberal with issuing CLIs. Any advice on when (if) I should ask?
  9. Thanks! Just wanted to post an update. My EX and EQ scores both just update on all three statements. Discover actually posted at the $20 balance despite the statement cutting at $320, so there does seem to be a small window of leeway to address large purchases. YMMV of course, and I wouldnt call this reliable. It may not work for all cards, and the time it takes for payments to post seems wildly inconsistent in my experience.... Now if only TU would update to reflect these changes. Theyre the bureau I want pulled...
  10. The card I'm after is the Uber Barclays card. I don't "need" the card so to speak - but their perks and rewards system would save me a decent chunk of change each month, which is nice. I haven't asked Discover for a CLI yet, but they did just bump me from $1200 to $1700 without me asking, because I'm "so responsible" or something. I've only had the card since October. Go figure. I requested a CLI with CapOne a month or two ago, and they bumped me from 1000 to 1100, and just this week they bumped me from 1100 to 1600 - but I didn't ask for that one. Chase, I haven't looked into yet, beyond visiting their webpage and being led to a page that said "there's no current offers for a CLI" for me. Maybe if I call them, but it might be best to wait a bit longer. Thanks for the advice! I'll keep working on trying for more CLIs as time passes. Do you find cards that start small tend to cap out small? At some point, should I expect my CLIs on these cards to be more than $100-500 a pop, or will I need to explore bigger and better cards?
  11. Aside from the obvious "pay in full each month", what are some best practices to prevent high balances from reporting. Even paying in full isn't fool proof, as large purchases may need to be made at the wrong time. ​Case in point, I paid one card down to about a $20 balance, let it sit a few days, had to make a $300 purchase - which I quickly submitted a payment for (back down to $20 balance), but just saw in the app my statement cut at $320, despite my balance now being $20. ​Is that $320 going to be what's reported to the CRAs this month?​ That's a 18.9% utilization rate on that specific card, versus what could have been 1.2% by a matter of hours. I'm hoping there's some sort of delay here that benefits me, since it seems I made the purchase at the worst possible time. I realize this is typically not a big deal as long as you're able to make your payments and not out of control with your debt, but there are of course times when you want to have your utilization reporting at a nice, shiny 3% or whatever. In my case, there's a CC I want to apply for, and it's a little tougher to get than what I already have. With a good utilization, I think my scores may finally be over 700, and I just got some healthy credit limit increases this month (1200 -> 1700, 1100 -> 1600), which should help. ​Experian is (currently accurately) reporting one card at 65/1600. TransUnion is showing 941/1100 (last month's news). When should I expect TU to catch up? ​TU is the bureau I want to make sure is up to snuff. Right now it's showing: CapOne: 941/1100 (EX shows 65/1600, as per statement from 1-2 days ago) Chase: 451/1000 (is actually 19/1000 now, as per statement from 1-2 days ago) Discover: 351/1200 (is actually 20/1700 now, but statement cut at 320/1700 today... so we'll see?) CU Card: 906/4000 (is actually 867/4000 now, but they update erratically it seems...) Even with that high (36%) utilization, my TU FICO is 675. Looks at worst I can hopefully expect my utilization to drop down to 15.7% at worst, and 12.1% if I beat the buzzer with Discover (if maybe they cut statements, then later that day post to CRAs?), so I think I should expect a healthy jump in my score regardless. Hopefully to 700+. Going forward - is there a "best way" to manage this? Should I try to bump my statement dates up to the 20th for instance? I get paid bi-weekly, and typically do the following: Paycheck closest to the start of the month: pay rent, pay utilities, pay student loan. Rest goes to savings. Paycheck closest to the 15th of the month: pay down credit cards to a negligible balance, wait for statement to cut, then pay in full. (I obviously wasn't as on top of things last month, but please not that I was not "late" on payments, as those balances were accumulated after paying in full the previous statements). Mostly just looking for any good methods/habits people have, or insights into when exactly is the best time to pay down those balances. Thanks!
  12. MB82x

    All things Barclays / Barclaycard / Barclay

    What was the reason for denial? The letter actually listed four reasons, some of which seemed odd to me: - Insufficent number of accounts (I have 3 Open CCs, and a student loan) - High number of CCs recently opened (fair, and I would have held off if I knew Uber CC was coming beforehand) - High number of recent inquiries on credit report (only two on TU, and one is for the Uber Card) - History of delinquency on credit report (fair, last late in June 2017, but there was a rough stretch of lates in 2014-2015 3x 60s, handful of 30s)
  13. MB82x

    All things Barclays / Barclaycard / Barclay

    Applied for Barclays Uber Card in Nov. with a 659 TU score and was declined. Didnt get any love on recon either. TU is up to 681 now. Open/Relevant accounts are: Kohls: Opened April 2014, now closed... reporting a 179/300 balance/limit, though its now paid to zero. Never late. Credit Union: Opened January 2010, late a LOT of times from 2014 to 2016, last late Jun. 2017. Reporting 1265/4000, now paid down to 900ish. This is the one thing really keeping my score down. CapOne: Opened August 2017, reporting 220/1000, now 50ish/1100. Never late. I PIF every month, but havent figured out the timing to have low balances report yet. Chase: Opened October 2017, reporting 8/1000, still in that same ballpark since I have some small purchases pending, but just paid the rest in full. Never late. Discover: Opened October 2017, reporting 0/1200, currently 65/1200. Never late. Annoyingly, on my TU report, all of the cards for some reason still have September and October as the last time payments were recorded, so perhaps my score should be higher if the information was current? I also have a student loan that recently entered repayment, never late, but the balance is high... approx $12,600... FICO simulator has my score reaching 691 relatively shortly, but taking almost another year to break 700. Id like to reapply for the Uber Credit Card, but dont want to waste inquiries and further hurt my chance in the future. Anyone have any idea or insight on when it would be a good idea to try again?
  14. I frequently use Apple Pay via my watch, mainly at grocery stores, where it seems to be accepted no matter what. I like it. But other than that, I usually reach for the plastic. Tapping my watch is easier than reaching for my wallet, but reaching for my wallet is less annoying than having to ask a cashier if they take Apple Pay, like Im a douche bag.
  15. Thanks for the replies! I contacted my bank, and they said they'll get back to me. I'm guessing the landlord's bank either lost the check after she cashed it, or mistyped my account or routing number. I want to be diligent and keep the money available as long as I should - but I also don't want to keep the money sitting in limbo longer than I have to... whether that's more than three months, six months, or even a year - if only for the annoyance of constantly needing to mentally recalculate my checking balance, which I'm pretty meticulous about managing.

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