High CL good for raising other Limits?

[brcamacho]

I just got my first real big CL, and i was curious if that will change the way other lenders view me for either starting limits on new cards or CLI on exsiting ones?

Thanks

[user5387]

There's an old saying -- "higher limits beget higher limits".

You can also use this in a recon situation, asking a creditor to match another limit.

[coldnmn]

It worked for me but looking at your limits on your FNCU cards I wouldn't hold my breath of matching limits on them for quite some time. But I've been wrong before. Good Luck on whatever happens.

[brcamacho]

Yeah im not asking anyone for anything else anytime soon.  Im heading to the garden.  But I didnt know if My NFCU limts would come into play if a lender wanted to auto CLI me.

[lg8302ch]

It worked for me. But it could now become a problem because total available credit exceeds yearly income ...not sure how this will play a role...we will see on future apps or CLIs.....biggest challenge for me is Discover..LOL

[coldnmn]

It should definitely help a lot, showing you can manage those kind of limits. Congrats on having those limits by the way. 

[brcamacho]

Thanks, its been a long road back.  But this forum has helped so much.  

2 years ago I was around a 600 fico average with a low limit limit HSBC and Orchard card.

Needless to say I was shocked at what NFCU approved me for.  I was hoping for a 5k card and I would have been super happy with that.