cancel
Showing results for 
Search instead for 
Did you mean: 

income amount vs credit cards limits or CLI?

tag
wilson382
New Contributor

Re: income amount vs credit cards limits or CLI?


@ksantangelo23 wrote:

As it was said, income is not the only factor in having your credit limit set.

 

Best example I can give is my grandmother; she has a total credit limit of ~$65,000, with a $16.7K income.

 

 


totally Agree, that can be acomplished by just having 10 credit cards of at leat 6.5k Limit, I was saying high limit on just one card.

 

Message 11 of 12
heyitsyeh
Frequent Contributor

Re: income amount vs credit cards limits or CLI?

Or like some of us, who apply during paid internship periods, and can say we have x limit with 0 income Smiley Very Happy

TU: 777 | EQ: 814 | EX: 764
Last INQ: 3/26/21
AAoA: 4y 7m
Lowest limit: Chase Freedom Visa - $13,000
Highest limit: Discover It - $56,500
Available credit: $200,600 (8 cards)
Message 12 of 12
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.