Money Tips: Should I ask for a credit line increase on my credit card account?

Posted On: January 13, 2007

Guest: froggger
Post subject: Should I ask for a credit line increase on my credit card account?
Posted: Sat Jan 13, 2007 11:03 pm

How long should you wait to ask for a CLI? How do you know if it will result in a hard?

Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sat Jan 13, 2007 11:15 pm

froggger wrote:
How long should you wait to ask for a CLI? How do you know if it will result in a hard?

ANY TIME THEY WILL GIVE IT WITH-OUT A HARD

I waited 11+ years with MBNA

Guest: Brammy
Credit Expert (100+ Posts)
Posted: Sun Jan 14, 2007 8:42 am

froggger wrote:
How long should you wait to ask for a CLI? How do you know if it will result in a hard?

Usually six to 9 mos most review automatically. Now whther or not they will grant is another question. There is no guarantee that there wont be a hard pull. I have a card that has not increase the limit in 4 years. They have been periodically reviewing but the minute I requeted a CLI HARD. No warning nothing. BTW No CLI either.

Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sun Jan 14, 2007 10:34 am

Brammy wrote:
froggger wrote:
How long should you wait to ask for a CLI? How do you know if it will result in a hard?

Usually six to 9 mos most review automatically. Now whther or not they will grant is another question. There is no guarantee that there wont be a hard pull. I have a card that has not increase the limit in 4 years. They have been periodically reviewing but the minute I requeted a CLI HARD. No warning nothing. BTW No CLI either.

JUST SAY NEVER-MIND IF THEY WILL ONLY DO IT THE HARD WAY