i just opned the account and requested a credit lien increase....card is new i already chanced it with another card..what do u think?
2007-03-10 16:55:11 · 5 answers · asked by nycgreekguy004 1 in Business & Finance ➔ Credit
It depends on a few things - the credit card company, your reports, scores, etc.
Some companies do give credit limit increases upon activation of the card, if the person qualifys for one. Some won't no matter what.
Some may pull a hard inquiry for that increase, some won't.
Be sure to request that they not pull a hard inquiry when asking for increases.
2007-03-11 12:29:31 · answer #1 · answered by echo 7 · 0⤊ 0⤋
Be careful. You would be better off to let your "good bahavior" increase your credit limit rather than asking for more. CC companies will regularly increase your limit, in an attempt to get you to charge, when they see you pay your bill regularly. Most minimal limits are enough anyway, and you shouldn't open yourself up to having a large CC bill unnecessarily.
2007-03-11 08:41:22 · answer #2 · answered by The Scorpion 6 · 0⤊ 0⤋
unless you have impeccable credit, credit card companies will want 6 months of history minimum for a credit card increase.
also they will typically never increase your line if you are near the limit already and have only been paying the minimums.
2007-03-11 00:58:43 · answer #3 · answered by RainKing 2 · 0⤊ 0⤋
Slim!
2007-03-11 01:00:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Well try it and see what happens you never know until you try good luck
2007-03-14 14:15:34 · answer #5 · answered by pattibcacl 6 · 0⤊ 0⤋