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Established Member
Posts: 28
Registered: ‎01-29-2012
0

How much is too much for CLs?

This is what I have and their CLs

NFCU 20000
USAA 16000
USAA 12000/ 9200 Bal
USAA wife's I'm an AU 5200
Cabelas 4000
Mil Star 6400/ 1100 Bal

I make about 70k a year

Any insight from the experts?

Thanks,
Grant
1 October Eq 750

NFCU nRewards 25k, USAA MC 19k, USAA MC 16k, Cabelas 9k, Jeep MC 8.5K, Chase Mil Star 12k

Valued Contributor
Posts: 1,607
Registered: ‎09-15-2012
0

Re: How much is too much for CLs?

This is a little different, but similar enough that its worth posting.

http://ficoforums.myfico.com/t5/Credit-Cards/Maximum-credit-limits-possible-all-cards/m-p/2297127#M6...

In My Wallet: Amex BCP (12/12) $32,000, Chase Freedom (12/12) $16,500, Citi Forward (12/12) $14,600, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Thank You Premier (6/15) $6,800

Last App: June 27, 2015
Super Contributor
Posts: 11,224
Registered: ‎04-22-2013
0

Re: How much is too much for CLs?

At various times, there have been threads on CL/Income ratios.   It is all over the map, ranging from say 0.1 -5 or more.   And of course these aren't the maximums, just what people (report that they) have.   

 

 

Citi: Forward, AA Select Plat, Double Cash, Dividend. Chase: Amazon, Freedom, CSP. Cap One: 2 x QS. Penfed 2x Plat Rewards. US Bank: Cash Plus. Barclays: Arrival, SM. Amex: BC, BCE, ED. Nasa FCU. Ebates, FIA Fidelity Amex, Discover IT Miles.

New Contributor
Posts: 351
Registered: ‎06-02-2013
0

Re: How much is too much for CLs?

I wouldn't say you are too high. I have definitely seen higher ratios of CL's to income.

If women didn't exist, all the money in the world would have no meaning. -- Aristotle
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