I want to increase my credit limit but I'm afraid when I call to ask, they'll ask me if I still work at the same place or to provide a pay stub. I haven't worked in over a year, but have been using my savings to pay off my bills and always pay on time. If they find out I don't have a job will they deny me an increase, or worse...will they take away my credit card and contact the other card companies? What do you think?
2007-02-18 11:06:52 · 4 answers · asked by leaves 1 in Business & Finance ➔ Credit
I want to increase my limit so that I can make online purchases. It has nothing to do with want to buy more than what I have.
2007-02-18 11:12:34 · update #1
I have had my credit increased even when I wasn't working. They don't generally check employer information after they approve you for the card initially. I don't think they can take away your card if you make your payments.
2007-02-18 12:04:39 · answer #1 · answered by reallyfedup 5 · 0⤊ 0⤋
If you don't have a job don't ask for an increase because that will only tempt you to buy more and will get you into trouble before you realize it. However, I have never had a card company ask if I was working etc before an increase. They usaully check your payment history etc.
2007-02-18 19:11:06 · answer #2 · answered by georgiabanksmartin 4 · 0⤊ 0⤋
I have been through a similar situation and I totally agree with georgiabankmartin's answer. Reread that response. It is very true. Please don't raise the credit line? Don't do it unless it is an emergency.
Your friend,
Sunflower
2007-02-18 22:23:56 · answer #3 · answered by Sunflower 3 · 0⤊ 0⤋
you can do credit increases on-line....so you don't have to talk to anyone! All their are interest is, how well you make your monthly payments!
2007-02-18 19:49:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋