I thought it would be beneficial maybye to others in the same boat as I credit wise.
In credit repair part of your work lies with acquiring some new credit to show you can use credit responsibly.
Often in credit repair, like me, you may get approved for some credit but maybye at low credit lines. Therefore, about every 6 monthes-a year you may want to ask the creditors to increase your credit limit. Not for the purpose of using it per say, but higher limits help utilization and look better to potential creditors.
However, it's hard to know how a creditor can/will raise your limit or whether they won't. Will they let you apply for one online? Do you have to call? Will they even consider it? Will they pull your credit again?
These are questions I have had & with the help of the good peeps here I have some answers. I thought maybye I would post my experiences & maybye others may chime in on thier particular cards.
Orchard Mastercard: (The rebuilder card, often with a AF) Will charge a fee to raise your CL & often will only give 100.00. This I learned from calling them. No hard pull & in my opinion too much hassle.
Target RedCard: Will not take CLI requests, no luv button, accounts are auto-reviewed periodically & if they give you one it shows up on your statement. No hard pull for auto review per CSR.
Old Navy: Has a credit limit increase luv button, I tried it at 4 mths & was denied, so they may want 6 monthes hx. No hard pull. I will try it again at 6 mths unless the letter they send about the decline reason says they don't like me.
HSBC Visa Platinum: Will not take requests for CLI's. Accounts are periodically auto-reviewed and CLI's may be given & will show up on your statement. No hard pull per CSR.
Walmart Store Card: Has a credit limit increase luv button. You can try it once the account is 4 monthes old. No hard pull noted. I hit my luv button at 4 monthes and got a 125 CLI. Better than none!
Care credit: They will take phone requests for CLI's but prefer it only be asked if you have a need (medical/dental procedure coming up etc) They asked if I would let them do a hard pull when I asked & I declined. They denied a CLI but stated if I let them pull my credit they would prob give one.
Thats all I have for now but will add more as they get old enough to ask.
I thought maybye this might help others like me. Please feel free to add your experiences!