topic raise limit? in Credit Cards

raise limit?

Anonymous — Thu, 15 May 2008 21:48:00 GMT

Hi!

I have managed to raise my score to excellent after it not being so good. I have a fairly new card and sometimes my balance owed is more than 10%. I always pay it off and never pay finance charges. I am thinking I should raise my credit limit which shouldn't be a problem since I think I've had the card long enough. Is this a good idea? Will they check my credit report to do this?

Thanks,

Marybeth

Re: raise limit?

haulingthescoreup — Thu, 15 May 2008 23:14:05 GMT

Which card are you talking about? Some will hard you for a CLI, some will soft you.

I'm moving your thread to Credit Cards.

Re: raise limit?

Anonymous — Thu, 15 May 2008 23:26:44 GMT

Depends on your credit report and the credit card issuer.

I would suggest that you call Customer Service and request a credit limit increase without the issuer pulling a hard inquiry. Some will and some will not.

Be polite, but persistent, even if you have to speak with a Supervisor or Management.

Good Luck

Re: raise limit?

smallfry — Thu, 15 May 2008 23:31:20 GMT

If its Chase its a hard pull for almost everyone. Citi you might find one waiting. Who be the issuer?

Re: raise limit?

Anonymous — Fri, 16 May 2008 01:25:33 GMT

Some CCCs do a hard, some do a soft, and some do it based entirely on account history. It depends on the card issuer.