Hello everyone, I called JC Pennys tonight for a credit line increase. I had already received a letter from them telling me that I need to wait 4 months for an increase. Well this is my 4th month, I have paid my balance in full every month. The rep told me that I should wait one more month before I asked for one for a larger increase. She also told me something that you may not know, that they will sometimes open a second line of credit for large items or approve you for a one time purchase over your credit limit. I am chomping at the bit for this increase should I wait one more month or press the luv button now?

If the rep told you to wait, I would. Also, GEMB, the issuer of this card, is having some financial difficulties right now (I know, who isn't?). Honestly, I would just wait as she informed you. I personally am not tempting fate and I am not requesting any CLI's until the economy gets better.

Hello everyone, I called JC Pennys tonight for a credit line increase. I had already received a letter from them telling me that I need to wait 4 months for an increase. Well this is my 4th month, I have paid my balance in full every month. The rep told me that I should wait one more month before I asked for one for a larger increase. She also told me something that you may not know, that they will sometimes open a second line of credit for large items or approve you for a one time purchase over your credit limit. I am chomping at the bit for this increase should I wait one more month or press the luv button now?

Got another $500 on my CapOne card. They said due to credit steps...so far

YoYo, where have you been? Congrats on your CLI's you are getting closer to that $2K mark.

Got another $500 on my CapOne card. They said due to credit steps...so far

That's awesome. Congrats... How long have you had the Card? Did they start you off with the $500 CL?

You go girl!

Got another $500 on my CapOne card. They said due to credit steps...so far: July CL $500, Sept $1000 CL, March $1500.
I'll take it!

I believe that's what happened to me on my chevron account i closed. when i hit the luv button and they denied me, I decided to check my account a day or two later and that's when i discovered they lowered my limit.when i pulled my credit report i did noticed that they where soft pulling me every other day for a couple of months on equifax even though my report was clean. I guess since i paid in full every month, they were not making money off of me so they made the move.

Did you push the LUV button too many times?

As a matter fact, I didnt hit it that often and I DO BELIEVE THATS WHAT MIGHT OF CAUSED IT!

Dates
07/18/08 Req Increase from $200 to $275.00
10/28/08 Req Declined
11/08/08 Auto CLD from $275 to $190.00
11/29/08 Req Declined
01/31/09 Req Declined
03/02/09 Req Increase from $190 to $265.00
07/02/09

I think you should watch those love buttons unless u know its times for one. They might be doing soft pulls, you never know. Im sure that they did a soft pull, didnt like whatever they saw (assuming high utilz) and declined me and did a CLD.

I feel the same way also. I think it's better if we don't ask for one and wait for them to give us one. Yeah, right!

Dont fell bad, Lowes denied me twice last month and so did Jcpennys and Chevron. I just said ohhh welll, this is another one of GEMB's clown suits they have been putting on me lately. JCPennys know dog-gone-well it is about time for me to get a cli, I have not had one in a while. I am starting to think like AmyB9B, if I keep asking for one, I might get slapped in the face will CLD's.

Believe me, I've trying once a month and still no luck. If I did receive a CLI, I would've posted it in the forum.

I guess I should be thankful for the $550 CL on my Lowe's card.

Go ahead and give it a try bro, its about that time.

Rivas, you give me hope. Last month my Sam's card got CLD from $300 to $100. However, my JCP card was increased $250 to $1250 and my Lowe's which is joint with my husband got increased from $700 to a CL of $1400 in the same month! How wierd.

Did you push the LUV button too many times? I had a PayPal Buyer Credit account (also GE Money Bank) and I was CLD from $500 to $350. I got mad and closed the account and paid it off. With this account, I hit the LUV button at least once per week. The only other account I have done this to is my Sam's account and BOOM, CLD. My Wal-Mart, JCP, and Lowe's I have only pushed about 1 time every so many months and have gotten increases. I think the computer keeps track and if you look desperate by pushing it too many times, and it does an automatic CLD. I wasn't deperate, I just wanted my line increased. I didn't really need the extra credit. Oh well, I will wait until summer and then try again.

Wow AmyB, you seem to have quite a few GEMB accounts. I am trying to stay away from them as much as possible (only have a JCP) cause I have been hearing so many bad stories about them lately......

Thanks Colo and Meya, I just added the date to my calendar. I just dont know why Macys is acted so weird with me. I have heard nothing but great things from a lot of people. I think when my new mortgage hits the CR, by the summer I will be seeing some nice increases.

Rivas, you give me hope. Last month my Sam's card got CLD from $300 to $100. However, my JCP card was increased $250 to $1250 and my Lowe's which is joint with my husband got increased from $700 to a CL of $1400 in the same month! How wierd.

Did you push the LUV button too many times? I had a PayPal Buyer Credit account (also GE Money Bank) and I was CLD from $500 to $350. I got mad and closed the account and paid it off. With this account, I hit the LUV button at least once per week. The only other account I have done this to is my Sam's account and BOOM, CLD. My Wal-Mart, JCP, and Lowe's I have only pushed about 1 time every so many months and have gotten increases. I think the computer keeps track and if you look desperate by pushing it too many times, and it does an automatic CLD. I wasn't deperate, I just wanted my line increased. I didn't really need the extra credit. Oh well, I will wait until summer and then try again.