Massive CL Question

[Anonymous]

Hey all,

How do people get CL's in the 100k range??? Is it just patience and gardening?

[Pway]

From what I have read here on the forums that is the key, patience and gardening.

[DeeBee78]

Income plays a huge part in obtaining larger limits. My partner's parents are fairly well off, and they have several cards with $50k limits. 

[Berk]

Income, low debt to income ratio, and time with, as a general rule, income playing the biggest part. Unless of course, you want to have 50 trade lines that average $2500.00 CLs. Yes, as absurd as that sounds, people do that to reach that mystical 100K limit. 

[Anonymous]

Income, patience and strategy gets you there.

[Anonymous]

---

@Anonymous wrote:

Income, patience and strategy gets you there.

---

Absolutely!

[Anonymous]

---

@Anonymous wrote:

Income, patience and strategy gets you there.

---

Agreed!

[takeshi74]

---

@Anonymous wrote:

How do people get CL's in the 100k range??? Is it just patience and gardening?

---

As with qualifying for any other CL it's a matter of having the credit and income to support it.  Gardening isn't really necessary.  Those with such credit can certianly add new accounts.  Gardening is a popular topic here because many people on this site are just starting out or rebuilding and their credit profiles do not readily support the addition of new accounts so there is a significant impact when new accounts are added and the action of adding new accounts can be seen as risky activity to creditors.

Once you have a strong and established credit profile hard pulls have a very small impact and your AAoA should be strong enough to deal with the impact of new accounts.  Getting there certainly takes time and responsible usage.

[kdm31091]

Its not just about time and patience. If your income doesnt support it you may never reach 100k. Limits aren't just given out because time has passed. You need to be patient when building a profile absolutely but 100k is never going to be a guarantee without the income to support it among other factors.

Instead of chasing an arbitrary number just shoot for the cards you want with limits that are enough for your spend.

[NRB525]

---

@Anonymous wrote:

Hey all,

How do people get CL's in the 100k range??? Is it just patience and gardening?

---

$100k on a single card? Nearly impossible. Not quite, but just shy of absolutely impossible.

or $100k as a total of all cards credit limits? Time. And spending HP on new cards.