CLI Increase Question

[nicemann]

If I ask BoA for a CLI and they approve me (big difference in my CR from last time I tried) will the increase help my score?  I don't want a big increase just want to make sure there is no way for it to backfire on me and I loose points.  I will of course will verify they will not do a hard pull.  I want to buy a house and currently am shopping around for a mortgage and want to make sure I don't screw that up.

[shyboy]

yes it will help your score.

[Anonymous]

Hi nicemann. You've done an incredible job of bringing up your scores since September. Hearty congratulations!

I would say, it depends on what is contained in your credit file, and your BoA card.

Any baddies? What kind of a BoA card is it?

[haulingthescoreup]

It will help your score IF you have some balances report each month, and IF the CLI is large enough to put your total util into a lower category (for instance, moving it under 10%.)

The whole point of having lots of available credit is that whatever balances do report are divided by a larger figure, and so the util goes down.

Util = balance(s) owed / credit limit(s) Good uril has small figure for balance and large figure for credit limit.