Just curious. How much will a $10,000 TL increase CS?

[Hightechredneck]

Just curious, I'm still in the garden but there is one card out there that I think will get me a $10,000 TL.

[nicholasyud]

Yes off course maybe more 

http://www.americanexpress.com/lacidc/iccsite/american_express_centurion_card_benefits.shtml

[Jutz]

How much will it increase your Score are you asking?

It all depends on your UTIL.  If you're already lower than 9% it will probably drop your score, due to HP and new account hitting AAoA

[Hightechredneck]

My question is, If approved, how much would my scrore increase?

[Hightechredneck]

My utilization is higher than 9% (more like 30%) So I'm only assuming that it will drop my utilization a ton since I only have about 20k out there.

[swpopham]

You never know but it will prob drop 10-15pts initially

[Jutz]

A 10k CL will put you around 20% UTIL then.  That will definitely help, but I'd think it would be more of a wash because of the inquiry and new account.  Over time obviously it will help, but right away not much.  If you can pay your UTIL down below 10% AND you add the 10k?  That might be a bump

[FinStar]

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@Jutz wrote:

How much will it increase your Score are you asking?

It all depends on your UTIL.  If you're already lower than 9% it will probably drop your score, due to HP and new account hitting AAoA

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If the question is associated with your FICO score, no one has an exact answer that can be provided on this forum.  Merely speculative guesses can be assessed.  The only sure method to know is whenever you apply.  And, as noted by Jutz above, it all depends on your overall credit profile during the time of acquiring such a tradeline.  Unfortunately, no crystal ball exists that can predict with exact science the specific drop or increase on your score, even with most consumer score-modeling tools around.

[Hightechredneck]

ok fair enough. Thanks

[cashnocredit]

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@nicholasyud wrote:

Yes off course maybe more 

http://www.americanexpress.com/lacidc/iccsite/american_express_centurion_card_benefits.shtml

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Amex's Cent won't help EQ FICO. Nor will any other Charge cards. Ya need a revolver.