Increase Credit Limit

Increase your credit limit to increase your credit score

August, 2013

Pros and Cons of a High Credit Limit

On this site, I talk about the benefits of increasing your credit limit. However, if you do have a high credit limit, it is worth looking at the pros and cons of that. Pros – It can help your credit score – As we talk about regularly on this site, having a high credit limit […]

What Is My Credit Limit?

When it comes to your credit limit, the most basic piece of data to know is what your limit actually is. Before you can decide if you want more, you have to actually know what you currently have. There are a couple easy ways to check: – It should be listed on your statement – […]

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Strengthen Your Case For Credit Limit Increase

If you are asking for an increase to your credit limit, the worst case scenario is that you will be denied. This could cause a dip in your credit score (from the credit inquiry), while not giving you all of the benefits of an increased limit. So, you obviously want to do as good of […]

How A Credit Limit Increase Affects Credit Score

When talking about a credit limit increase, many people are concerned that this could have a negative affect on their credit score. Is their concern justified? Yes and no. Asking for an increase on your credit limit can negatively affect your credit score in the short-term. Because it can cause a hard credit inquiry, that […]

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How I Increased My Credit Limit

So far on this blog, there has been a lot of theoretical talk about why you should increase your credit limit, how to increase your credit limit, and when you should look at doing it. While I believe all of that information to be quite useful if you are looking into this, it seems it […]

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How Is Credit Score Calculated

Your credit score could be one of the most important numbers in your life. It will be used by creditors to determine how worthy you may be of getting a loan for a mortgage, car, or anything else. Even though it is important, a lot of people don’t know what goes into actually calculating it. […]

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When To Increase Your Credit Limit

Sometimes, timing is everything. While it’s important to know how and why to try the get a credit limit increase, sometimes it is just as important to know when. That is because it can cause a short term dip in your credit score. It can cause the creditor to do a hard credit pull, which […]

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Why Increase Your Credit Limit

If you are thinking of requesting a credit limit increase, one of the first things to ask yourself is why you want to do this. Like most things, there are good reasons and bad reasons to try to increase it. Making sure you are doing things for the right reason is key, because otherwise a […]

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