total CL vs. Income

[Anonymous]

Out of curiosity (seeing that some people have lotsa cards) what's your income to CL ratio??

Meaning.... Your yearly income is $150,00 and you have a total credit line of all your cards that equals $75,000?  (A credit line of half your annual income)

Does anyone have a higher total CL than Income??

[Anonymous]

I have a total CL that is about 30% higher than my annual income however my highest single CL is a little less than 20% of my annual income.

[Anonymous]

My credit limit is ~ 75% (3:4 ratio - I think) of my income.

[Anonymous]

Total CL equal less than 40% of my gross pay

[Anonymous]

My total revolving CL is about 5% of my annual salary.

I'm in the building/rebuilding stage!

[MidnightVoice]

Less than 15% at the moment

[Anonymous]

My total revolving CL is about 5% of my annual salary.

I'm in the building/rebuilding stage!

~~~~~~~~~~

Don't feel bad.  My total revolving CL is only 550.  LOL  That equals less than a one week paycheck!

I'm trying not to jump the gun and become an "apply hog".  I'm starting out slow while rebuilding. 

[MidnightVoice]

---

MidnightVoice wrote:

Less than 15% at the moment

---

But my local credit union just changed all that 

[Anonymous]

---

willows wrote:

My total revolving CL is about 5% of my annual salary.

I'm in the building/rebuilding stage!

~~~~~~~~~~

Don't feel bad.  My total revolving CL is only 550.  LOL  That equals less than a one week paycheck!

I'm trying not to jump the gun and become an "apply hog".  I'm starting out slow while rebuilding. 

---

Me too...but I'm *itching* for another card!! My first round of GWs was only somewhat successful so I figure I'll just have to dilute the rest. Assuming my second round will be unsuccessful as well...