Credit Line Increase

[CreditBob]

Would anyone happen to know if a creditor increases your line of credit on a cc, will your score go up? I just had mine increased from $ 610 to $ 1,120.

[SouthJamaica]

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@CreditBobwrote:

Would anyone happen to know if a creditor increases your line of credit on a cc, will your score go up? I just had mine increased from $ 610 to $ 1,120.

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It won't change your score one way or the other, unless it reduces your utilization percentage.

[Anonymous]

CLIs in and of themselves have no bearing at all on FICO scores.

[Anonymous]

      As others have said - it varies. One factor you need to consider is how did you get the CL? If you had a hard pull, you will most likely see a score decrease unless, as has been said, your util. goes down. Then it could be a wash, score up, or score down.

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[CreditBob]

It is a secured visa and they do not pull a report. I just keep adding more deposits 

[Anonymous]

Hi CreditB.  As the others have said, the bigger CL does not in itself raise your score at all. 

EXAMPLE.  Bob has four credit cards, each of which has a $1000 limit.  He has $120 each on two of his cards and $0 on the other two.  He then calls his CC issuers and they all surprisingly agree to raise his credit limits to 20k each.

His score will not go up by even a single point.  That's because his utilization percent was very low before he got the limit increase and it is still very low.  All FICO cared about was that %.  It did not look at the dollar value of the CL.