topic Re: Credit card limits in Credit Cards

Credit card limits

Anonymous — Tue, 23 Feb 2010 22:07:33 GMT

Hmm, I am new to posting, so I hope I am doing this right. I was wondering if anyone has noticed any activity with their credit cards recently? I just received a letter from one company and they INcreased my credit line. I thought that was a bit odd, but maybe that means the 'credit' economy is improving?

What are your thoughts?

Re: Credit card limits

Anonymous — Tue, 23 Feb 2010 22:16:59 GMT

Increases still existed throughout the time of the credit crunch. They were just harder to get.

I got about 10 or so of them during the "crisis," so they were still in existence.

Re: Credit card limits

MarineVietVet — Tue, 23 Feb 2010 23:37:34 GMT

@Anonymous wrote:
Hmm, I am new to posting, so I hope I am doing this right. I was wondering if anyone has noticed any activity with their credit cards recently? I just received a letter from one company and they INcreased my credit line. I thought that was a bit odd, but maybe that means the 'credit' economy is improving?

What are your thoughts?

Hello and welcome.

Congratulations on your CLI. The credit world still seems to be confused. Some will report a CLI while others have their limits cut sharply or have accounts closed all together. I'm just not ready to announce any kind of improvement in the credit economy.

But we can keep hoping!!!

From a BK years ago to:
7/09 TU-742 EQ- 779
8/09 TU-765 EQ- 783
9/09 EX pulled by lender 802

You can do the same thing with hard work

Credit Scoring 101
Common Abbreviations
Frequently Requested Threads
Credit Problems Which Is Worse?
Whats In Your FICO Score