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Line of Credit?

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soxfaininfl
Frequent Contributor

Line of Credit?

Hello Everyone,

 

I recently opened up a line of credit with another bank. I was given a limit of 3,500. Will that total limit add to my total avaiable credit? If it does then my total credit limit from all my credit card accounts would go from 22,250 to 25,750. I can't seem to find an answer to this question.

 

Thanks,

Soxfaninfl









Message 1 of 3
2 REPLIES 2
Berk
Established Contributor

Re: Line of Credit?

If the bank reports the PLOC to the CAs it will.

Message 2 of 3
soxfaininfl
Frequent Contributor

Re: Line of Credit?

Thank you, Berk!








Message 3 of 3
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