Frequent Contributor
Posts: 385
Registered: ‎02-06-2009
Re: CLI: is it really advantageous?

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 EQ FICO)
01/06/2015 Current - TU 831 (Walmart MasterCard TU FICO 08 Classic)
GOAL - 800! - App free since 05/18/2015