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Amex 3X CLI just up my scores 6 points

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Fico2Go
Established Contributor

Amex 3X CLI just up my scores 6 points

I've been pretty happy with my current TLs.  I wasn't  going to add new cards to my lineup but now after seeing that my scores increased by 6 points with a simple credit line increase...with no changes in other variables....I am starting to see clearer why people app for sock drawer cards.  

 

If increasing my total available credit by $4000 can increase fico by 6 points imagine what getting ten more TLs can do?   With almost 20 years AAoA I might just pull the trigger for round two app spree in the weeks ahead.  OF COURSE after I attempt SP CLIs.

 

Anything to watchout for?

 

 

 

 

 

 

 

 

Discover IT $19,000 == 12/2013
AMEX 12/2013 ---BCP $12,000 === BC $23,000 ----- 04/2014
CHASE SLATE $5,700 === 12/2013
BoA 123 $6000 === 12/2013
Barclay Rewards $1500 == 12/2013
Message 1 of 3
2 REPLIES 2
longtimelurker
Epic Contributor

Re: Amex 3X CLI just up my scores 6 points

The increase from a CLI is purely due to util reduction, and you could have achieved the same impact by lowering the reported balances, so getting 10 probably won't scale in the same way!

 

SO you got your BC 3x?  Great!

Message 2 of 3
Fico2Go
Established Contributor

Re: Amex 3X CLI just up my scores 6 points

Yes got amex 3x but still 10x less than yours. Smiley Sad

Now working on increasing available line so don't have to pay bills often.
Discover IT $19,000 == 12/2013
AMEX 12/2013 ---BCP $12,000 === BC $23,000 ----- 04/2014
CHASE SLATE $5,700 === 12/2013
BoA 123 $6000 === 12/2013
Barclay Rewards $1500 == 12/2013
Message 3 of 3
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