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Credit Line Increase...

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Anonymous
Not applicable

Credit Line Increase...

I was offered a $2000.00 credit line increase from Discover. Myfico credit score is 755. I'm thinking about financing a car (for about $30 grand) at the lowest interest rate my score will allow me to get. My question is, will responding to this credit line increase affect my score? It'll be a 2 year auto loan. I don't really need the credit line increase, but it would be nice to have, but I do need the car for working purposes.
Thank You all for your comments & willingness to helpSmiley Happy
Message 1 of 3
2 REPLIES 2
sccredit
Valued Contributor

Re: Credit Line Increase...

No, take the increase

Message 2 of 3
Anonymous
Not applicable

Re: Credit Line Increase...

No it will only help it by lowering your utilization if you ever carry a balance.

Message 3 of 3
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