CLI???

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
6 posts
jskeleton69
 
Posts: 1
Joined: Sun Sep 29, 2013 12:09 pm
Yahoo Messenger: jskeleton69
Location: Lansing, MI

CLI???

Postby jskeleton69 » Sun Sep 29, 2013 6:27 pm

I just got my Cap 1 Journey card about 3 weeks ago with a $300 limit. I've already made purchases on it and paid them all off so currently there is no balance on the card. I'm going out of town on the 4th and would like to get a CLI to $500 just to be on the safe side in case something happens. (First time going anywhere especially flying by myself)

My current score is 609 via Credit Sesame but that will update and more than likely go up on the 3rd. I also have a 1500 limit Credit Card through my credit union currently sitting at 1469 right now (got really far behind due to job loss 2 years ago but have caught up on payments in the last year and been paying on time ever since). I have 4 things in collections (2 Medical, 1 Apartment(refuse to pay them due to them not properly caring for my apartment when I found black mold and mice and cockroaches fell down from the upper apartment when there was a leak) also have a electric bill from when I got behind).

Do you think I can get them to up my CLI??


Robrus1
Centurion Member
Centurion Member
 
Posts: 797
Joined: Tue Oct 02, 2012 3:25 pm
Location: Texas

Postby Robrus1 » Fri Oct 04, 2013 11:10 pm

Not yet, possibly not ever since Capital One doesn't usually give many increases, but it's possible. Wait, pay down your other card, build a relationship with them, let your credit scores come up a little first. Pay off the negatives on your credit report.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

Midori
Centurion Member
Centurion Member
 
Posts: 204
Joined: Tue Oct 30, 2012 10:25 am
Location: TX

Postby Midori » Sat Oct 05, 2013 8:34 am

It changes from state to state, but generally, rent is deposited into an escrow account, not withheld, when there's a habitability issue and legal stuff needs to be worked out. "This is a slum that is dangerous to my health but I'm happy to live here for free" doesn't make any sense. Your lease presumably should have spelled out steps for remedying situations that were damaging to an ordinary person's health and safety. Obviously, that's old stuff... but something to keep in mind for the future.

You might get an auto-CLI at the six-month mark, but I agree that you're not in a good position to request one so quickly.

Congrats on your flight. Be safe!

Kripler68
Centurion Member
Centurion Member
 
Posts: 111
Joined: Mon Jun 10, 2013 8:23 pm
Location: Arizona

Postby Kripler68 » Sat Oct 05, 2013 5:18 pm

Just a word of advice on the Apartment (non-payment).

Always pay the rent in full all the way up until the point you move out
If you have an issue after moving out, take them to small claims court for any damages you might have incurred or money you are owed.
A judge will not see you're side if you did not keep up with payments and you're credit score will suffer significantly for the next 7 years.

flan
Centurion Member
Centurion Member
 
Posts: 387
Joined: Tue Apr 09, 2013 10:16 pm
Location: chicago

Postby flan » Sun Oct 06, 2013 12:00 pm

Kripler68 wrote:Just a word of advice on the Apartment (non-payment).

Always pay the rent in full all the way up until the point you move out
If you have an issue after moving out, take them to small claims court for any damages you might have incurred or money you are owed.
A judge will not see you're side if you did not keep up with payments and you're credit score will suffer significantly for the next 7 years.


This depends entirely on where you live. I'm in Chicago. If you pay a landlord, you have zero chance of ever getting damages for failure to provide a livable space. On the other hand, the controlling ordinance allows you to deduct actual damages, and reasonable reductions in rent based on quality. (So, if you're without heat for a week, you can deduct the cost of the space heater you had to buy, and the electricity to run it, plus a 'reasonable sum' for reduction in livability. Or you could decamp to hotel, and deduct the cost of that.) A landlord that sent that to collections would have his ass handed to him by a municipal court. (I speak from experience. Settlement paid for a trip to France...)

Practice other places will vary, of course, and everywhere will require that you followed the right procedures. (Which probably include complaining in writing.) But there's no good reason that you should pay the market rate for a place that's not in livable condition.

takeshi
Centurion Member
Centurion Member
 
Posts: 1733
Joined: Wed Jun 05, 2013 3:12 pm
Location: US

Postby takeshi » Mon Oct 07, 2013 8:59 am

jskeleton69 wrote:I also have a 1500 limit Credit Card through my credit union currently sitting at 1469 right now (got really far behind due to job loss 2 years ago but have caught up on payments in the last year and been paying on time ever since). I have 4 things in collections (2 Medical, 1 Apartment(refuse to pay them due to them not properly caring for my apartment when I found black mold and mice and cockroaches fell down from the upper apartment when there was a leak) also have a electric bill from when I got behind).

1469/1500 = 98% utilization. That and the 4 derogs are definitely problems.



Return to “Visa & MasterCard”

Who is online

Users browsing this forum: No registered users and 2 guests