Re: CLI: is it really advantageo
11-08-2012 06:46 PM
The bleeps totally messed up my original post.
To repeat, for the past 5-6 years I've been very good managing my credit cards. My utilization is <10%, both overall and per-card. Most times, util is 1-2%.
My oldest card is 14 yrs old with a $5000 CL. A long time ago, I went over the CL so the high balance on my CR is $5200 for this card. Would it be advantagous to ask for a CLI for this card such that CL > high balance? Will a CLI increase my credit score due to the fact that my high balance is now below my CL?
11/02/2012 Peak - EQ 790 (ScoreWatch FICO)
11/01/2013 Current - EQ 769 (ScoreWatch FICO)
GOAL - 800! - App free since 12/07/2013