Trying to cycle WF 5X; on a $10K CL, Available credit is $1.5K and outstanding balance $0, meaning if I paid any more, the OB will become negative. Digging more into it, looks like some of the payment made to CC remains on hold up to 10-14 days, especially if they were paid from external accounts and that is why the CL is not freeing up.
I'm not sure if this is because it is a new account and all these banks relax stringent stipulations after a month. Would like to hear more on how to cycle this fast. So far I have done 2X CL(total of $20K) and I still have 10 days left this month.
Last edited by nfpa70e; Feb 15, 2016 at 7:23 pm