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will it lower your credit score??

2007-02-28 19:18:37 · 7 answers · asked by Lynx S 1 in Business & Finance Credit

7 answers

No in fact it can help your credit score and this is how when you have open lines of credit and they are not maxed out your credit score is actually higher example; if you have a credit card that has a 5000 dollar limit but you only have 1500 charged on it then it shows you know how to control your spending which in turn makes your credit score better write to me at bill67co@yahoo.com and I can share more information with you ok Oh My name Is William Galloway

2007-02-28 19:25:07 · answer #1 · answered by bill g 1 · 0 0

Pretty sure that you must find every financial answer at: loanhome.info-

RE Requesting credit card limit increase??

will it lower your credit score??

2014-09-02 22:21:17 · answer #2 · answered by Anonymous · 0 0

No, quite the opposite. If you get a credit increase your amount of total credit goes up, and your debt ratio goes down. So that will lower your score assuming you don't immediately rack up a huge amount of debt.

Even if you get denied it is not going to hurt your score.

2007-03-01 01:20:02 · answer #3 · answered by Anonymous · 0 0

you do not could jot down a letter. there's a toll loose style on the returned of your credit card. call this style and ask for a credit line advance. The representative would be waiting to tell you right now no rely in case you qualify or not. you're taking the good distance abode. Why write a letter once you will discover out in 30 seconds?

2016-10-17 00:10:57 · answer #4 · answered by ? 4 · 0 0

No, it will raise your score as long as your spending does not increase. You will be using less of your available credit, which will add points to your score.

2007-02-28 19:24:47 · answer #5 · answered by Mariposa 7 · 0 0

No that will not affect your credit score. So long as you keep up with your payments.

Visit http://www.cheap-credit-cards.org for more information

All the best

2007-03-02 04:49:04 · answer #6 · answered by Anonymous · 0 0

Probably not if you can still pay it. And don't spend more than you do now, because the less you spend the better it looks on you.

2007-02-28 19:26:17 · answer #7 · answered by Anonymous · 0 0

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