When you request a credit line increase...
Jun 8, 2006, 9:13 pm
#1
Original Poster
Join Date: Feb 2005
Location: SEA
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Posts: 570
When you request a credit line increase...
To my knowledege, everytime you request a credit line increase to AMEX, you get your credit report (hard inquiry) pulled by AMEX. (right?)
I had been doing a credit line increase over the past year pretty often and am now worried. When exactly do they pull a hard credit inqury?
I ask because when you click that link on americanexpress.com to request a credit line increase, it sometimes just tells you that you are pre-approved for this much increase, (dollar amount). Do they just pull an inqury WHEN you click this link to get to that page where it says how much you can increase the credit line by? Or do they pull an inquiry when you accept that offer? Or do they even actually pull an inquiry?
I'm so confused.. help!
I had been doing a credit line increase over the past year pretty often and am now worried. When exactly do they pull a hard credit inqury?
I ask because when you click that link on americanexpress.com to request a credit line increase, it sometimes just tells you that you are pre-approved for this much increase, (dollar amount). Do they just pull an inqury WHEN you click this link to get to that page where it says how much you can increase the credit line by? Or do they pull an inquiry when you accept that offer? Or do they even actually pull an inquiry?
I'm so confused.. help!
Jun 8, 2006, 9:57 pm
#2
Original Member
Join Date: May 1998
Posts: 702
If you click on the link to request a credit line increase, and one is automatically offered, then they won't pull a hard inquiry.
If you click on the link to request a credit line increase, and instead of an automatic offer you get a form to fill out (with your income, etc.) then you should assume that they'll pull a hard inquiry but in practice sometimes they don't.
If you click on the link to request a credit line increase, and instead of an automatic offer you get a form to fill out (with your income, etc.) then you should assume that they'll pull a hard inquiry but in practice sometimes they don't.
Jun 10, 2006, 7:57 pm
#4
Join Date: Aug 2005
Location: CMH
Posts: 226
Originally Posted by Auracon
Oh so even accepting the already-approved and offered new line of credit doesn't pop a hard inquiry????? 