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Established Member
Posts: 15
Registered: ‎07-15-2007
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Credit Line Increase - Enquiry made by Credit Card Company

I increased my limit on my MBNMA credit card but have a now been notified that MBNA have made an enquiry on my credit file which I  did not know they would do - will this affect my credit score ? - is there anything I can do if this causes the score to be lowered ?
 
Thanks
Super Contributor
Posts: 8,173
Registered: ‎03-25-2007
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Re: Credit Line Increase - Enquiry made by Credit Card Company

Many CCCs do a hard inq if you aslk for a CL increase.  Too many inqs in a year will slightly reduce your score (up to 10%)
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Moderator Emeritus
Posts: 16,374
Registered: ‎03-12-2007
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Re: Credit Line Increase - Enquiry made by Credit Card Company



RJWilson wrote:
I increased my limit on my MBNMA credit card but have a now been notified that MBNA have made an enquiry on my credit file which I  did not know they would do - will this affect my credit score ? - is there anything I can do if this causes the score to be lowered ?
 
Thanks


Are you sure this was MBNA and not FIA or BoA? MBNA was taken over by BoA. Some card holders including myself have FIA reporting the TL and not BoA. They never pulled a hard inq when I asked for a CLI. 
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
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