Credit question...

Reply Subscribe

Thread Tools

Jul 30, 2008 | 08:34 AM

F22B Prelude

Thread Starter

Rachel Bilson

Joined: Oct 2005

Posts: 11,230

Likes: 0

From: South Bend/Walkerton, Ind

Credit question...

Is it a good sign if the credit card company raises your credit limit? Just checked my card and they raised it another 1500...

Jul 30, 2008 | 08:36 AM

Draconius

BAZINGA!

Joined: Aug 2004

Posts: 21,613

Likes: 0

From: San Diego, CA

I don't think they can increase it without your consent I thought...

Jul 30, 2008 | 08:37 AM

F22B Prelude

Thread Starter

Rachel Bilson

Joined: Oct 2005

Posts: 11,230

Likes: 0

From: South Bend/Walkerton, Ind

I never applied for the credit limit increase

Jul 30, 2008 | 08:38 AM

RicoD

Pull my finger

Joined: Apr 2004

Posts: 41,423

Likes: 0

From: Arizona

Quote:

Originally Posted by Draconius

I don't think they can increase it without your consent I thought...

some increase a set amount automatically, you have to call them and tell them to stop

My American Express and Master Card use to do that

Jul 30, 2008 | 08:40 AM

HawtPants

the one and only

Joined: Dec 2000

Posts: 15,571

Likes: 0

From: Govenator Territory

strange..since the 'credit crunch' most companies have been doing the opposite to protect themselves

Jul 30, 2008 | 08:43 AM

snitches get stitches

Joined: May 2002

Posts: 49,696

Likes: 1

From: Portland, OR

It's good if you continue to use your card as you have, because it would create a lower utilized-to-available debt ratio.

Jul 30, 2008 | 08:45 AM

dubcac

Joined: Jan 2001

Posts: 56,525

Likes: 0

From: Westside til I die

Quote:

Originally Posted by Draconius

I don't think they can increase it without your consent I thought...

Yes they can, but you can call them to have it removed.

__________________
2015 Ford Mustang GT Fastback - Ingot Silver - 6M - Performance Package - Gibson Catback, JLT CAI, FR 47lb injectors, BAMA E85 tune, Eibach Sportline, BMR wheel hop kit, UPR oil separator, Steeda shifter bushing/bracket
Team B.O.B.® - Ballaz on a Budget

Jul 30, 2008 | 08:49 AM

Nec

.......

Joined: Jun 2002

Posts: 522,629

Likes: 0

From: noobtown

it doesnt hurt to have a high limit on your cards, it only hurts when you use it un-wisely and not pay.

__________________
94 Chevy Blazer - brother crashed.
94 2dr accord - h22 swap, rear ended.
03 1.8 gti - waiting for her bag of chips.

:crazyr: :slap: :hsughr: :nec: :madr: