My credit line is $3000 on American express. i want to request for an increase of my credit line. what would be a good additional amount to request?
2007-01-20 13:16:27 · 6 answers · asked by omegafoxbat 1 in Business & Finance ➔ Credit
Nothing more than you can actually pay back given your current financial status.
2007-01-20 19:48:54 · answer #1 · answered by DaMan 5 · 0⤊ 0⤋
Don't request anything more than you can safely pay off within 30 days. Having credit is great... using it is the problem.
2007-01-20 21:27:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I would recommend that you wait for that invitation, in asking for the limit to increase can affect your f.i.c.a. score-beware credit card companies can be very tricky. Find out first if there is a penalty or an increase in a.p.r. rate.
Proceed with caution.
2007-01-20 21:26:10 · answer #3 · answered by selysammi 3 · 0⤊ 0⤋
$0.00. Continue to pay your balance down and they will offer to give you more credit. This way you will not have additional iquiries on your credit report.
2007-01-20 23:59:25 · answer #4 · answered by alfredapittman 2 · 0⤊ 0⤋
Depends on how long you have had it, but I would ask for at least double.
2007-01-20 21:23:55 · answer #5 · answered by roger v 4 · 0⤊ 0⤋
5,000
2007-01-20 21:19:51 · answer #6 · answered by Debt Free! 5 · 0⤊ 0⤋