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shifter's Rebuilding Thread


shifter
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On 7/18/2022 at 12:02 PM, A Credit Ed said:

I decided to give my wife's Citi Luv button a try.  We've had that card 18 months, over $25K of activity in that time, always pay in full and haven't asked for a CLI before.  Denied just now

Received Citi's decline letter today.  "We reviewed your request to increase the credit limit for your Citi® Double Cash Mastercard® account. We're unable to approve your request because your credit report shows too many recently opened accounts."

 

I will try again in 6 months.

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On 3/28/2022 at 12:11 PM, shifter said:

Just noticed today that her CLI was increased to $12.5k. Not sure when that happened, but I think fairly recently. I think she requested a CLI since December, but I don't remember receiving any notifications and I didn't make a post here about it, which is what I do to keep track of these things.

Just noticed via EX credit alert that her CLI was increased again to $15k.  Little by little, but at least it's going up now, which is more than can be said for the first year.

 

You know what's interesting is I put a big purchase on it late Feb and then in Mar they auto-CLI. I put another big purchase on it late Jun and now in Jul they auto-CLI. I think I'm sensing a trend.

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As someone who's simply trying to 'build' I found this thread fascinating. It never really occurred to me before deep diving here to approach CLIs consistently and repeated like this. Great progress.  

 

Do you still feel like you're rebuilding? What's the overall portfolio look like for you and DW these days?

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3 hours ago, OpheliaMyCat said:

Do you still feel like you're rebuilding? What's the overall portfolio look like for you and DW these days?

Absolutely still rebuilding and will remain so as long as EX and TU are still on lockdown with lots of derogs and/or BK listed. Next Summer will be 7 years, so we will be able to get the derog accounts removed from EX and TU. But TU still has the BK for both of us and EX still has my BK. Will have to see if maybe I can get mine removed early from EX at the 7 year mark. For DW, hopefully EX will remove the derog accounts a bit early so everything will be clear in the Spring. No hope on getting the BK removed early from TU due to their manual validation methods.

 

The other big blocker to rebuilding remains all the prime IIB'd creditors and potential BL status. I was actually just looking at that today at the Master BL thread to see if there might be any creditors worth apping. DW's profile is in a good place, so just tried to app with Chase to see about the BL status, but they wanted to pull EX and refused to pull EQ. So we'll have to wait until EX is clear next year. Then we will try Amex as well. DW just apped BofA as well and that's in pending status, so we'll see if they will pull EQ and what the result will be. Barclaycard might be another one worth trying soon, but I'm not sure there's a card in their profile that fits our needs. Another would be US Bank, but I haven't looked recently enough to see if the Cash+ Rewards can still be apped.

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  • 2 weeks later...

Wife apped the US Bank Cash+ last week. They pulled EQ. Got hit for ID verification (probably because LN/IDS are on ice), but after sending DL and SS card, she got approved today for $10k! IIRC from years ago that's their max initial CL on new accounts.

 

Was a bit surprised because she IIB'd them for $25k on a business card in 2019. But maybe they consider business cards separately.

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Tried a CLI last week on my wife's NFCU Amex and seems like it was declined. Will have to wait and see the decline letter. Not entirely surprised as it's only been 3 months since they last auto-CLI'd her and she's hardly used the card since then.

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Excited to have something to share soon besides CLI requests. Just ordered my wife's and my paper reports from TU.

 

The 7 year timeline from DOFD is approaching in the spring on most of our accounts, so it will be time to dispute as obsolete in the next few weeks. So we should be able get a clean report other than the BK PR soon. 

 

The challenge is going to be the Chase business card my wife had. We kept making min payments because I didn't want the employees getting collection calls at the store. So the DOFD on that account is when she filed BK in 2019 instead of 2015 like the rest of the accounts. Naturally, Chase biz cards don't report until they go bad so it didn't show up on the reports until then. Hopefully, I can find a way to get that removed using another dispute method.

Edited by shifter
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16 hours ago, shifter said:

Excited to have something to share soon besides CLI requests. Just ordered my wife's and my paper reports from TU.

 

The 7 year timeline from DOFD is approaching in the spring on most of our accounts, so it will be time to dispute as obsolete in the next few weeks. So we should be able get a clean report other than the BK PR soon. 

 

The challenge is going to be the Chase business card my wife had. We kept making min payments because I didn't want the employees getting collection calls at the store. So the DOFD on that account is when she filed BK in 2019 instead of 2015 like the rest of the accounts. Naturally, Chase biz cards don't report until they go bad so it didn't show up on the reports until then. Hopefully, I can find a way to get that removed using another dispute method.

That is exciting. I have been following your journey through all this. Can't wait to hear about the disputes.

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Got the TU reports in the mail yesterday. My report had 5 accounts scheduled to be removed 4/23, so since that's inside 6 months, I submitted the obsolete disputes this morning. Got immediate response that all were instantly deleted. Go TU! All the rest of my accounts show 5/23 with one that's 6/23, so I will schedule to submit all of those disputes together at the first of the year and then I should be clean other than the BK PR.

 

On my wife's report, she didn't have anything within the window, but I decided to send up a trial balloon and we submitted online obsolete disputes for 2 Amex accounts that said they weren't scheduled to be removed until 8/23, but had Unknown marks on the payment history going back to 2015. I thought maybe that might get us an early delete, but no instant success. Dispute is in progress.

 

The Chase biz card that didn't go delinquent until 2019 is definitely going to be the challenge for her. It's reporting pretty much perfectly accurately, so it's going to be very hard to find anything to dispute to try to get it removed early. But we'll try something - in writing CMRRR of course - when this dispute comes back.

 

The only good news on her report is that it's showing the BK PR is scheduled to be removed in 4/26 at the 7 year mark instead of 10 years. I'm not going to touch that for the next 3 years and then try an obsolete dispute inside the 6 month window and hope to get lucky with an instant system delete. That would be great, because that would give her 3 completely clean reports with no traces of any derogs as early as 2025.

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On 6/16/2022 at 12:50 PM, shifter said:

In fact they wouldn't let me combine my cards because their policy requires that I be eligible for a CLI on both cards before I can combine and they decline me every CLI request.

So I've been hammering my Disco cards the past 3-4 months to try to lure them into a CLI so I can combine the cards. I call up today to see if I'm eligible and as of May this year they are no longer allowing accounts to be combined. :( So I went ahead and requested CLIs on the cards.

 

it Chrome - $5.3k -> $9.3k

it - $7.5k -> $10.5k

 

So, great that I finally got my first CLIs on these bad boys, but sucks that I would have been eligible to combine the cards, which is really what I wanted. I can definitely say that if you want Disco love, you just need to use the cards.

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On 6/16/2022 at 12:50 PM, shifter said:

A bit of a shocker today. Disco gave my wife a CLI.

 

$11.5k -> $15.5k

 

They haven't given either of us a dollar in years. In fact they wouldn't let me combine my cards because their policy requires that I be eligible for a CLI on both cards before I can combine and they decline me every CLI request.

This card hasn't been used at all since the last CLI outside of a few charges in August - one very large. After the luck on my cards yesterday, decided to try for a CLI on her card.

 

$15.5k -> $18.5k

 

Not even 6 months from the last CLI. And that's another data point that usage is important to Disco, but maybe not as much usage as I thought is necessary. Maybe just one month with a large charge or two and let the statement cut. I'll have to try that again early next year on all the cards and see if we can get another CLI before too long.

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17 hours ago, shifter said:

So I've been hammering my Disco cards the past 3-4 months to try to lure them into a CLI so I can combine the cards. I call up today to see if I'm eligible and as of May this year they are no longer allowing accounts to be combined. :( 

So I was lying awake last night thinking about this interaction and the phrasing the guy used that told me it wasn't allowed any longer. I felt like he thought I was asking about something different, so I decided to call back and talk to another agent today. This agent didn't know anything about it and said I needed to be transferred to another department. The second agent knew exactly what I was talking about and said I needed to be eligible for a CLI on the receiving card, so he went ahead and processed that, which of course was declined.

 

I then told him what had happened and how I just got a CLI yesterday because the last guy told me combining wasn't allowed any longer. He talked to a back office specialist to see if anything can be done. They confirmed that, indeed, combining is definitely still allowed, but it has to be done on the same day as the CLI. If I had called back yesterday instead of waiting until today, they could have done it. So that's a bit of a bummer, but not really that big of a deal. I'll just rinse and repeat - hammer both cards again for the next couple of months and try again.

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On 11/9/2022 at 9:25 AM, shifter said:

Got the TU reports in the mail yesterday.

Another one bites the dust! 5 more accounts removed on TU today at the 6 month window. Just one more account next month and then I'll be clean other than the BK PR. Will be interested to see what that does - if anything - for my score, although even if it improves, I'm unlikely to unfreeze TU for any apps with the BK still reporting.

 

Also, 4 more accounts removed for the wife. She has two more in Feb and then the one from 2019 that we're going to have to go at the old fashioned way.

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DCU CLI request today as my 1 year anniversary was yesterday. Expected to hear back early this week, but instead I got a decline email this afternoon - sufficient unsecured debt with DCU.

 

Super weird. Are underwriters working on Sunday? Also, no inquiry on EQ showed up and they always pull a hard for anything. Will have to call tomorrow. 

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17 hours ago, shifter said:

DCU CLI request today as my 1 year anniversary was yesterday. Expected to hear back early this week, but instead I got a decline email this afternoon - sufficient unsecured debt with DCU.

 

Super weird. Are underwriters working on Sunday? Also, no inquiry on EQ showed up and they always pull a hard for anything. Will have to call tomorrow. 

So I called and they said they sometimes have UWs working weekends and they did look at it yesterday. They also said they pulled my EQ yesterday and got a 795 score. I checked EQ yesterday, but didn't see it, but now I see it there today.

 

Very surprised to get a full rejection. Only thing I can think of is they don't like that I have a few cards with balances. I guess I'll have to try again in a couple of months.

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Initiated a PC with NFCU from my Amex to the Flagship Visa and then requested a CLI to $80k.

 

I'm not sure if they use the last AR soft for CLI requests or make a new soft. So this is kind of a trial balloon because the last AR was 11/29 and I had some larger balances report since then. So if they use the AR, that would be better than a fresh one. Either way, if they complain about balances, I'll figure out about the softs and then curate my balances and try again in a couple of months.

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21 hours ago, shifter said:

I'm not sure if they use the last AR soft for CLI requests or make a new soft.

No new soft on EQ or EX. It is interesting they have been softing EX regularly, earlier this month in fact, so they definitely know about my BK

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