http://ficoforums.myfico.com/t5/Credit-Cards/Credit-Limit-Calculations/m-p/41245#M1452 <div></div><div><br></div><blockquote><div><hr>schwag wrote:<br><div></div><div>I'm not sure if this has been asked before, but I searched and couldn't find an answer.  So here goes:</div><div> </div><div>How do CCC's determine how much credit they will grant you.  I am sure they all vary to some degree, but does anyone have a general idea of how this is done?</div><div> </div><div> </div><div>Thanks in advance!:smileyhappy:</div><br><hr></div></blockquote><div>The three <strong><em>C's</em></strong>: Character, Capacity and Capital are huge!</div><div> </div><div> </div><div>1.) FICO scores, not FAKOs</div><div>2.) Payment history with CCs (character)</div><div>3.) Income (capacity)</div><div>4.) Debt to income</div><div>5.) Own property? (capital)</div><div>7.) They determine if you're a <em>revolver </em>or a <em>PIF deadbeat</em></div><div>6.) They determine <em>how much they can </em><em>profit from you</em>! This might be the most important  factor!:smileyhappy:</div><div> </div><div>There are other factors but I think these are the major ones.<br></div><div></div> Mon, 30 Jul 2007 21:51:19 GMT fused 2007-07-30T21:51:19Z http://ficoforums.myfico.com/t5/Credit-Cards/Credit-Limit-Calculations/m-p/41232#M1450 <div></div><div>I'm not sure if this has been asked before, but I searched and couldn't find an answer.  So here goes:</div><div> </div><div>How do CCC's determine how much credit they will grant you.  I am sure they all vary to some degree, but does anyone have a general idea of how this is done?</div><div> </div><div> </div><div>Thanks in advance!:smileyhappy:</div> Mon, 30 Jul 2007 21:33:14 GMT http://ficoforums.myfico.com/t5/Credit-Cards/Credit-Limit-Calculations/m-p/41232#M1450 schwag 2007-07-30T21:33:14Z http://ficoforums.myfico.com/t5/Credit-Cards/Credit-Limit-Calculations/m-p/41245#M1452 <div></div><div><br></div><blockquote><div><hr>schwag wrote:<br><div></div><div>I'm not sure if this has been asked before, but I searched and couldn't find an answer.  So here goes:</div><div> </div><div>How do CCC's determine how much credit they will grant you.  I am sure they all vary to some degree, but does anyone have a general idea of how this is done?</div><div> </div><div> </div><div>Thanks in advance!:smileyhappy:</div><br><hr></div></blockquote><div>The three <strong><em>C's</em></strong>: Character, Capacity and Capital are huge!</div><div> </div><div> </div><div>1.) FICO scores, not FAKOs</div><div>2.) Payment history with CCs (character)</div><div>3.) Income (capacity)</div><div>4.) Debt to income</div><div>5.) Own property? (capital)</div><div>7.) They determine if you're a <em>revolver </em>or a <em>PIF deadbeat</em></div><div>6.) They determine <em>how much they can </em><em>profit from you</em>! This might be the most important  factor!:smileyhappy:</div><div> </div><div>There are other factors but I think these are the major ones.<br></div><div></div> Mon, 30 Jul 2007 21:51:19 GMT http://ficoforums.myfico.com/t5/Credit-Cards/Credit-Limit-Calculations/m-p/41245#M1452 fused 2007-07-30T21:51:19Z