I applied Sears mastercard online 10 days ago and got a message"unfortunately we can't process your application at this time,you will receive a letter ....".Well, today I got the card in mail but the line is only $500.It seems they solely base on your score to assign your credit line,because their applicatoin never requests applicant's income and employment.BTW,they pullled TU and my score is only 585 ,I was hoping they pull EQ or Experian,my EQ score is 719 and EX is 715.
What is your LOWEST credit limit...other than the 1/2 "TOY" CARD??? STATE FARM tried to give me a limit 80% LOWER than my LOWEST limit...(MAJOR MISTAKE)!!!
It looks like they score credit report to assign your credit limit of your account just like Juniper Bank. Ron.
Tell them it out of "CONTEXT"...or some better word... They should NEVER give you lower than $2,500... CALL AND CANCEL..."my lowest credit limit is $2,500...your $500 limit is a "JOKE" credit limit"
...or charge $500 and when the bill comes...pay in full...the next month charge $500...pay in full ...THEY MAY GET THE IDEA... WARNING~~~DON'T EVEN GO OVER $500.00 BY ONE CENT...KEEP TRACK TO THE PENNY!!!
They won't consider raising it until 9 months ... some have said 6 months... there's no way for their system to allow it. George has the right idea - request to close it. You'll go to the retention area, which may have some leeway. Do you have a Sears account? If so -maybe retention could convert it. Good luck, mj
I would just cancel it with a nasty note. To assign someone with a 21,000 limit a toy card limit means that they don;t deserve your business, but they should know why. The amount is ok for a first card, not for anyone with an established limit. That wouldnt even be enough for the regular Sears card.
with a TU of 585, you can't really blame them for not giving a higher limit. If soemone has a high limit car and maxxes it out, how does that look? The 700's look great, what's up with the 585?
no negative on TU,I have a car loan which I have paid off two years ago on TU,that's the only different part from EX and EQ.
I find the fact that your TU score is so much lower than the other ones interesting. I have the same problem. My eq score is 696 and my exp is 729, my TU is 512! I don't get it. There is nothing any different on my TU report than on any of the others. What gives?
