high CC limit ? whats best

[Anonymous]

hi all

i have 4 CC with only a $2000 limit on each. (which are being payed of next week) ($6500 owed)

my EQ score is 693 any1 have advise on a CC that will give me a $5000 to $10000 limit? and that checks via EQ, not to say i will use it to the limit just would like a nice size limit.

thanks

mike

[Anonymous]

For starters, I'd wait for your reduced utilization to hit your FICO before I applied for anything...you're likely to get a 15 to 20 point bounce, at least.

Second, don't obsess over the credit limit. $2000 to $4000 is plenty for a good impact on FICO. The limits will go up over time as you pay on time and keep utilization low. You don't want to open too many new accounts anyway as this will reduce your average account age and lower your FICO. I would say one, maybe two accounts max.