cancel
Showing results for 
Search instead for 
Did you mean: 

declined for for credit limit increase, does this effect my rating?

New Member

declined for for credit limit increase, does this effect my rating?

Hey everybody, man this economy hurts.
 
If I ask one of my companies to increase my limit and they decline, is my credit rating affected?
Message 1 of 5
4 REPLIES
Frequent Contributor

Re: declined for for credit limit increase, does this effect my rating?

Depends on the lender. Some do a hard pull and others go on past performance. I reccomend reading credit scoring 101 if you haven't done so already. Welcome to the forums!!!
Sept 07 EQ 419

April 2012 EQ- 669 EXP- 680 TU-700= Proud New Homeowner!
Message 2 of 5
Frequent Contributor

Re: declined for for credit limit increase, does this effect my rating?

No, not if the do a soft inquiry

Starting Score: 3/21 EQ 636 TU 669
Current Score: 12/30 EQ 740 TU 712 EX ??? ....
Goal Score: Yay... I reached my goal of 700!!!


Take the FICO Fitness Challenge

Message 3 of 5
New Member

Re: declined for for credit limit increase, does this effect my rating?

Thanks freinds this is so helpful, everybody should know how this works.
Message 4 of 5
Highlighted
Senior Contributor

Re: declined for for credit limit increase, does this effect my rating?



goodgirl-badcredit wrote:
No, not if the do a soft inquiry





I agree.
Here we go again...
Message 5 of 5