Credit limit increased without me requesting an increase
Expired
Thread created 12-23-2012 by DinkinFlicka
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7 Replies
1,534 Views
gratz im jelly
Credit limit increased without me requesting an increase
Expired
Thread created 12-23-2012 by DinkinFlicka
0 Score
7 Replies
1,534 Views
In your case, where the card only had/has a $1000/$1500 CL, no, there is really no bad side and it is definitely good. Now your 30% utilization will go down to 20%.
The only time higher CLs could...
Credit limit increased without me requesting an increase
Expired
Thread created 12-23-2012 by DinkinFlicka
0 Score
7 Replies
1,534 Views
Actually only positive implications. Increase to overall credit will help you keep your utilization lower :) This happened to me not too long ago on a Chase Freedom card. Think banks will reward...
Credit limit increased without me requesting an increase
Expired
Thread created 12-23-2012 by DinkinFlicka
0 Score
7 Replies
1,534 Views
its a good thing. congrats.
Credit limit increased without me requesting an increase
Expired
Thread created 12-23-2012 by DinkinFlicka
0 Score
7 Replies
1,534 Views
Yep.
Banks will try to turn responsible users into irresponsible users by increasing their limits.
Credit limit increased without me requesting an increase
Expired
Thread created 12-23-2012 by DinkinFlicka
0 Score
7 Replies
1,534 Views
If you want to increase it further automatically..
Don't pay off balance at the end of each month and instead let it go above 50-60% and pay it off immediatley. The CC company will think you will...
Credit limit increased without me requesting an increase
Expired
Thread created 12-23-2012 by DinkinFlicka
0 Score
7 Replies
1,534 Views
I have a student Discover card that I got this summer. Initially, it had a $1000 limit. I have under a 30% utilization every month and pay it off in full every month as well. I recently noticed that...
Credit limit increased without me requesting an increase
Expired
Thread created 12-23-2012 by DinkinFlicka
0 Score
7 Replies
1,534 Views
There shouldn't be any negative implications