Discover CLI Ambiquity

All about Discover & Diners Club - talk about their credit card deals such as the More, Miles, Escape, and others.
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jrmsu
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Joined: Sun May 04, 2014 9:53 am
Location: Mississippi

Discover CLI Ambiquity

Postby jrmsu » Wed Jul 16, 2014 12:37 pm

I was checking my Discover account online and clicked on "credit line increase request" out of boredom. In the first paragraph, it mentions that the request may require a hard credit pull. The second paragraph says that the "request will not affect your credit score" which implies a soft pull. Which one is it Discover?

It doesn't affect me because I don't need a CLI, but shouldn't Discover remove the second line if there is even a small possibility of a hard pull?
My Cards:

Discover It - $8,450 (9/13)
BankAmericard Cash Rewards Visa Signature - $5,000 (4/14)
Chase Freedom - $3,000 (5/14)
AMEX Hilton HHonors - $16,500 (6/14)



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Vattené
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Location: US

Postby Vattené » Wed Jul 16, 2014 12:59 pm

I just requested one over the phone yesterday. They told me they try to make a decision internally, but may perform a hard pull if they don't come up with a yes internally. I agree, it should be stated more clearly
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

augiedog
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Location: Broward County FL

Postby augiedog » Wed Jul 16, 2014 1:59 pm

If they cannot come up with an internal decision they will ask you if they can perform a hard pull. If they can't approve the increase you've requested they will come up with a counter offer.
American Express: Blue Cash Everyday (10k), Everyday, ; Discover It (7.3k) ; Target (2.1k)

Citi: Diamond (2k) ; Bank of America: Cash Rewards (2.6k) ; Capital One: Quicksilver (3k) , Sony ; Chase: Freedom (3.7k), Slate (3k), (Amazon) ; Barclay Ring ; Synchrony: Walmart MC, Amazon, Ebates

greeneman21
 
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Joined: Wed Jul 16, 2014 8:58 pm
Location: Austin, Tx

Postby greeneman21 » Wed Jul 16, 2014 9:02 pm

If I'm not mistaken if you request $2,500 or less you can bank on it being a SP.



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