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New Member
Posts: 5
Registered: ‎09-29-2008
0

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?
Frequent Contributor
Posts: 435
Registered: ‎06-17-2007
0

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!
Frequent Contributor
Posts: 303
Registered: ‎06-04-2008
0

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!!!


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New Member
Posts: 5
Registered: ‎09-29-2008
0

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

Thanks freinds this is so helpful, everybody should know how this works.
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Senior Contributor
Posts: 3,279
Registered: ‎08-03-2007
0

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...
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