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Should I ask for a credit line increase?

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future
Frequent Contributor

Re: Should I ask for a credit line increase?



slickwithnomoney wrote:
Hello,
 
I have a amex with a 8500 credit limit. I need $2000 of it. I will go beyond the 9% credit limit, that means I might get a hit on my score (728). Should I ask for a credit line increase so that I won't get a hit on my score? Amex will do it but they will have to pull my credit. What are my best options?
 
 
usaims


amex has been treatingpeople very unfair, but to answer you, it wont hurt you if you get a cli. amex doesnt do a hard inq for cli. hope this helps and i hope you get the car back on the road
Message 11 of 12
Anonymous
Not applicable

Re: Should I ask for a credit line increase?

I'd ask for a CLI, fix the car, then pay off over a few months. To me that is what credit is for. That's just me though.
Message 12 of 12
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