04-27-2010 03:27 PM
It depends. Why is your score 695? (newish credit, high util, recent baddies, etc.) And what do you consider "high limit"?
Is this an EQ FICO score? Your odds will probably be better with a CU, many of which pull EQ.
05-04-2010 09:35 AM
depends on your credit age i would guess...i never got more than 5000 in my first 3 years of credit.
but now that's i got 7+ years of credit experience i have 8500 and 10k lines. cap one and usaa. discover gave me 1700 a year ago....don't know what to make of that.
05-06-2010 04:54 PM - edited 05-06-2010 04:58 PM
I always thought limits was based on imcome and not score
A lender certainly looks at income, and at other credit obligations, but some lenders are more willing that others to lend higher amounts with higher scores. Higher scores reflect the higher probability that you are responsible with your credit.
If someone has a high income but a low score, a lender is definitely going to want to look at why the score is low. Plenty of millionaires don't pay their bills, while people on minimum wage never miss a payment. (Not assuming that OP, wherever he went, is not paying bills; just a general comment.)
Lots of variables in CL land!
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