Increasing your credit card limit in no way requires that you increase your debt. On the contrary, it is an opportunity to actually improve your credit and make your financial life easier.
Entries Tagged as 'Credit Utilization'
Should You Increase Your Credit Card Limit?
February 9th, 2012 · No Comments · Credit Cards
Tags: credit·Credit card·credit card limit·Credit Cards·Credit Score·Credit Utilization·Emergency Funds·increase credit card limit
FICO Study Shows Most Consumer’s Credit Scores Unaffected By Credit Line Reductions
September 3rd, 2009 · 3 Comments · Credit Bureaus and Scores, Credit Cards
If anybody should know what does and does not significantly affect a consumer’s credit score, it should be FICO. So why in the heck did they need to do a study to evaluate how many people out there are losing points on their score due to circumstances that are out of their hands? The answer [...]
Tags: Affect of Credit Limit Reduction on Score·Credit Card Limits·Credit Limit Reduction·Credit Scores·Credit Utilization·FICO·FICO scores·FICO study
