Established Member
Posts: 24
Registered: ‎03-29-2009

Low Credit Limit

I started rebuilding my credit score about a year ago and I now have three CC.  My credit limits are:


$2500  balance of $1000

$1000  balance of $0

$500    balance of $0


I just receive the credit cards with zero balance.  Would it be better if I keep the balance to zero or to show some activity on these cards.

Valued Contributor
Posts: 1,072
Registered: ‎02-15-2009

Re: Low Credit Limit

Who are the creditors for those cards?


I would suggest that you use the card every couple of months. If its HSBC though, its in these forums that you would actually have to use it a lot to keep it from being closed or to expect any CLIs. 


Try and keep the overall UTL @ 9% and rotate your cards accordingly. 

Valued Contributor
Posts: 1,126
Registered: ‎03-25-2008

Re: Low Credit Limit

You could always use them all and just pay most off before the statement date and thus they will report a zero balance. Rotate which card reports a balance and you should be golden.
Posts: 7
Registered: ‎04-02-2008

Re: Low Credit Limit

Thank for the feedback.  It was much appreciated.:smileyhappy:
Senior Contributor
Posts: 4,214
Registered: ‎09-12-2008

Re: Low Credit Limit

If you mean have "report zero" because you PIF, that's great.  If you mean don't use....well CCC's do want you to use them.  As the 'ole saying goes....use it or lose it :smileyhappy:  Just don't run em up....treat em like a debit card.

Credit Scoring 101 - Tuscani   *  Guide to Common Abbreviations
Frequently Requested Threads * FICO High Achievers  *  FICO Score Estimator

09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+