Increase of Credit Amount

Started by Manuel M.
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M

Manuel M.

One of the things we can do to increase our credit score is to have our current credit cards increase our credit amount. What can we do for them to do that? What have you done?

A

Aaron Y.

I put in a credit limit increase request once a year.

T

Terry C.

You can contact whoever issued your card and ask for a credit limit increase. When your limit increases, your credit to debt ratio improves in your favor, unless you use your credit more. If you use the same amount of credit, your credit to debt ratio improves because you have more credit, but the same amount used, so it looks like you're using less of your credit, and you are.

J

Jonathan F.

Sometimes a credit increase will have the company run your credit check again so be careful.

J

Jazmin B.

You can call them to request an increase credit. It will help you out

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