Author Topic: increase credit card limit  (Read 2764 times)

Offline Yup

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Re: increase credit card limit
« Reply #15 on: July 10, 2011, 02:50:38 PM »
Thank you.

Offline AJK

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Re: increase credit card limit
« Reply #16 on: July 10, 2011, 06:37:12 PM »
i have never had a pull done from that

+1. No hard pull for me on AMEX or Charles Schwab Visa
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Offline scwam

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Re: increase credit card limit
« Reply #17 on: July 11, 2011, 02:09:09 AM »
Do they do a hard pull on your credit report when you ask for a credit increase?

Amex I think depends on the person. I did asked to a increase of 33% of my line 6 months ago (because 33% given my history felt to be my limit since I've worked in this industry b4). I got it instantly online with 1.5 yrs clean payments and moderate use. However, my sister with 4 years clean history and a $500 line got hard-pulled last week. But she was asking for 2k so they wanted to make sure since that jump was so high. But she revolved. The gave her a mound of reasons to deny it, some to me were just petty and redundant. I would say that if you stay at 40% or less of an increase (ie 5k to 7k) then they probably won't do a pull unless you had a really low line to begin with and revolved.

post edit: sorry yeah 500k revolving, that would be somewhat off.
« Last Edit: July 11, 2011, 03:17:10 AM by scwam »

Offline AsherO

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Re: increase credit card limit
« Reply #18 on: July 11, 2011, 02:17:44 AM »
Amex I think depends on the person. I did asked to a increase of 33% of my line 6 months ago (because 33% given my history felt to be my limit since I've worked in this industry b4). I got it instantly online with 1.5 yrs clean payments and moderate use. However, my sister with 4 years clean history and a 500k line got hard-pulled last week. But she was asking for 2k so they wanted to make sure since that jump was so high. But she revolved. The gave her a mound of reasons to deny it, some to me were just petty and redundant. I would say that if you stay at 40% or less of an increase (ie 5k to 7k) then they probably won't do a pull unless you had a really low line to begin with and revolved.

500k and asking for 2k? 40% or less of 5-7k? Revolved?

I think your paragraph needs editing, I don't get it.
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